Packaging Testing Market Expected to Reach 14.64 Billion USD by 2022

1. MarketsandMarkets Presents Packaging Testing Market worth 14.64 Billion USD by 2022

2. The report "Packaging Testing Market by Type (Physical, Chemical, Microbiological), Material (Glass, Plastic, Paper, Metals), Technology (Physical tests, Spectroscopy & Photometric-based, Chromatography-based), Industry, and Region - Global Forecast to 2022", The packaging testing market is projected to reach USD 14.64 Billion by 2022, at a CAGR of 12.0% from 2017. • Browse • 68 Market Data Tables • 54 Figures • 182 Pages and in-depth TOC on "Packaging Testing Market” • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=123283179

3. Source: MarketsandMarkets Analysis

4. The packaging testing market, in terms of value, is projected to reach USD 14.64 Billion by 2022, at a CAGR of 12.0% from 2017. Packaging testing includes the testing of various materials such as glass, plastic, paper & paperboard, metal, and others. Growing demand for safe products with a longer shelf-life is driving the demand for packaging testing. This has attributed to the growth of the packaging testing market. The market players are responding to these new opportunities by expanding their global presence and service offerings. Emerging countries such as India, China, Japan, Brazil, and Argentina are the potential primary markets of the industry. Factors such as rising awareness and demand for sustainable packaging, increasing retail industry with increasing demand for packed products, stringent regulatory environment, and the emergence of new technologies are the major driving factors for this market. Moreover, the requirement for longer shelf-life of products helps to drive the growth of the packaging testing industry. The North American region is projected to dominate the packaging testing market by 2022. The Asia-Pacific region is projected to be the fastest-growing market during the forecast period since the demand from the food & beverage industry is projected to increase in the coming years. The other factors responsible for the growth of the Asia-Pacific market are the emerging countries, globalization of trade, and rapid industrialization in the region. The cost of packaging testing is very high due to the high cost of testing equipment. Automated instruments provide reliable and faster test results. However, due to the high cost of instruments, the testing cost also increases. Expansions & investments, acquisitions, new service & technology launches, and agreements, collaborations, and partnerships are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as SGS S.A. (Switzerland), Bureau Veritas SA (France), Intertek Group Plc. (U.K.), Eurofins Scientific SE (Luxembourg), TÜV SÜD AG (Germany), and ALS Limited (Australia). Other major players in the market include Mérieux NutriSciences Corporation (U.S.), National Technical Systems, Inc. (U.S.), Microbac Laboratories, Inc. (U.S.), EMSL Analytical Inc. (U.S.), Campden BRI (U.K.), and Institut fur Produktqualitat GmbH (Germany).

5. Target Audience: • R&D institutes • Technology providers • Packaging testing service providers • Intermediary suppliers • Wholesalers • Dealers • Consumers • End users • Retailers • Scope of the report : • Based on Type, the market has been segmented as follows: • Physical • Chemical • Microbiological • Based on Material Type, the market has been segmented as follows: • Glass • Plastic • Paper & paperboard • Metal • Others

6. Based on Technology, the market has been segmented as follows: Physical tests Spectroscopy & photometric-based Chromatography-based Others Based on end-use Industry, the market has been segmented as follows: Food & beverage Agrochemicals Pharmaceuticals Personal care Others Based on Region, the market has been segmented as follows: North America Europe Asia-Pacific RoW (South America and the Middle East & Africa)

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