According to the recent study the packaging testing market is projected to grow at a CAGR of 12% from 2019 to 2024. Growth in this market is primarily driven by increasing demand for products with longer shelf under various conditions, increasing awareness and demand for sustainable packaging, technological advancements in the market, and increasing demand in the end use industries.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in packaging testing market by product (physical, chemical, and microbiological), material type (glass, plastic, paper & paperboard, metal, and others), technology (physical tests, spectroscopy & photometric-based, chromatography-based, and others), end-use industry (food & beverage, agrochemicals, pharmaceuticals, personal care, and others), and region (North America, Europe, Asia-Pacific, and Rest of the World).
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“Physical market is expected to remain the largest segment during the forecast period.”
Based on product, the packaging testing market is segmented into physical, chemical, and microbiological. Lucintel forecasts that the physical market is expected to remain the largest segment.
“North America will dominate the packaging testing market in near future.”
North America will remain the largest market over the forecast period. Strict safety evaluation of food packaging, which includes toxicology testing, exposure assessment, and risk assessment is driving the market.
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Major players of packaging testing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SGS, Bureau Veritas, Intertek Group, Eurofins Scientific, Tüv Süd, ALS, Mérieux Nutrisciences Corporation, Microbac Laboratories, EMSL Analytical, and Campden Bri are among the major packaging testing providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/packaging-testing-market.aspx or [email protected]
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