Packaging Testing Market Expected to Reach 14.64 Billion USD by 2022 - PowerPoint PPT Presentation

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Packaging Testing Market Expected to Reach 14.64 Billion USD by 2022

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Packaging Testing Market report categorizes the global market by Type (Physical, Chemical, Microbiological), Material (Glass, Plastic, Paper, Metals), Technology (Physical tests, Spectroscopy & Photometric-based, Chromatography-based), Industry, and Region. – PowerPoint PPT presentation

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Title: 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_at_ http//www.marketsandmarkets.com/s
peaktoanalyst.asp?id123283179
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
  • RD 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

6
Based on Technology, the market has been
segmented as follows Physical
tests Spectroscopy photometric-based Chromatogra
phy-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-P
acific RoW (South America and the Middle East
Africa)
7
Contact Us
Mr. RohanMarketsandMarkets UNIT no 802, Tower
no. 7, SEZMagarpatta city, HadapsarPune,
Maharashtra 411013, India1-888-600-6441Email sa
les_at_marketsandmarkets.comhttp//www.linkedin.com/
company/marketsandmarkets
8
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 5000 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "RT" connects over 200,000 markets and
entire value chains for deeper understanding of
the unmet insights along with market sizing and
forecasts of niche markets.
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