openPR Logo
Press release

Packaging Testing Equipment Market Growth: Projected CAGR of 31.76 % Through 2032

10-01-2024 06:55 AM CET | Logistics & Transport

Press release from: WiseGuy Reports

Packaging Testing Equipment Market Growth: Projected CAGR

The Packaging Testing Equipment market plays a crucial role in ensuring that products across various industries are safely packaged and protected throughout their supply chain journey. Packaging testing equipment helps manufacturers ensure that their packaging materials and designs meet industry standards and regulatory requirements, ensuring product safety, durability, and performance. As industries such as food and beverages, pharmaceuticals, consumer goods, and electronics place increasing importance on quality assurance, the demand for reliable packaging testing equipment continues to grow.

The Packaging Testing Equipment Market Size was estimated at USD 3.01 billion in 2023. The industry is projected to grow from USD 3.97 billion in 2024 to USD 36.07 billion by 2032, exhibiting a compound annual growth rate (CAGR) of approximately 31.76% during the forecast period from 2025 to 2032.

Download Report Sample Copy: https://www.wiseguyreports.com/sample-request?id=605574

Applications of Packaging Testing Equipment
Packaging testing equipment finds applications across a wide range of industries:

Food and Beverage Industry:

Packaging in the food and beverage industry must maintain freshness, prevent contamination, and extend shelf life. Testing equipment helps ensure that packaging materials meet food safety standards, such as those required by regulatory bodies like the FDA.
Pharmaceuticals:

Packaging in the pharmaceutical industry is critical for protecting medications from contamination, moisture, and light. Packaging testing equipment ensures that packaging materials are secure, durable, and meet regulatory standards to prevent product degradation.
Consumer Goods:

For consumer goods, packaging must be durable and visually appealing while ensuring product protection. Testing equipment is used to evaluate packaging for various consumer products, including electronics, personal care items, and household goods.
E-commerce and Logistics:

The growth of e-commerce has increased the need for durable packaging that can withstand rough handling during transit. Packaging testing equipment helps manufacturers ensure their packaging is strong enough to protect products during shipping.
Medical Devices:

Packaging for medical devices must meet strict safety and sterility requirements. Packaging testing equipment is used to test the integrity and performance of medical device packaging to ensure product safety.
Automotive and Electronics:

In the automotive and electronics sectors, packaging must protect products from mechanical stress, environmental factors, and potential damages during shipping. Testing equipment is used to simulate these conditions and assess packaging resilience.
Market Trends
Increased Focus on Sustainable Packaging:

Sustainability is a growing concern for consumers and regulatory bodies alike. The shift towards eco-friendly packaging materials has led to the need for packaging testing equipment that can evaluate biodegradable, recyclable, and compostable materials for their performance under various conditions.
Growth of E-commerce and Supply Chain Logistics:

The rapid rise of e-commerce has created a higher demand for durable packaging that can withstand the rigors of shipping. As a result, packaging testing equipment has become essential for manufacturers to ensure that their packaging can protect products through long shipping routes.
Adoption of Smart Packaging:

The integration of smart packaging, which includes features such as QR codes, RFID tags, and sensors, is increasing. Testing equipment is now being used to ensure that smart packaging functions as intended, especially in industries such as pharmaceuticals and food safety.
Technological Advancements:

Advances in packaging testing technologies, such as automation, artificial intelligence (AI), and data analytics, are improving the efficiency and accuracy of packaging tests. Automated testing systems can perform repetitive testing procedures with high precision, reducing the chances of human error.
Regulatory Compliance:

Stringent regulatory standards for packaging in industries like food, pharmaceuticals, and medical devices are driving demand for sophisticated packaging testing equipment. Companies must ensure that their packaging meets national and international safety standards, such as those set by the ISO (International Organization for Standardization) and ASTM (American Society for Testing and Materials).
Key Companies in the Packaging Testing Equipment Market Include:

Bureau Veritas SA

Intertek Group

Exova Group plc

UL LLC

ALS Limited (Australia)

Smithers Group

ZwickRoell Group

MISTRAS Group, Inc.

SGS SA

Element Materials Technology

LNE

QIMA

Eurofins Scientific SE

TUV SUD AG

WZW Stiftung

Browse Premium Research insights: https://www.wiseguyreports.com/reports/packaging-testing-equipment-market

Market Drivers
Rising Demand for Product Safety and Quality:

As consumers become more conscious of product quality and safety, manufacturers are prioritizing rigorous testing of packaging materials to prevent product contamination, damage, or spoilage. This trend is particularly prominent in industries like food and beverages, pharmaceuticals, and medical devices.
Growth of the Packaging Industry:

The packaging industry is expanding, driven by increasing consumer goods production, e-commerce growth, and demand for innovative packaging solutions. As packaging production increases, so does the need for efficient testing equipment to ensure product safety and compliance.
Stringent Regulations:

Regulatory bodies impose strict packaging requirements in industries such as pharmaceuticals and food. These regulations drive the demand for packaging testing equipment to ensure that companies meet the necessary standards and avoid product recalls or regulatory fines.
Technological Innovation in Packaging Materials:

New materials, such as flexible packaging, biodegradable plastics, and high-performance barrier films, are gaining popularity. As companies adopt these new materials, testing equipment is required to evaluate their performance and ensure they meet industry standards.
Increasing Complexity of Supply Chains:

supply chains are becoming more complex, with products being shipped over long distances and across different environments. Packaging must endure these diverse conditions, and testing equipment is necessary to simulate real-world transportation scenarios.
Challenges Facing the Market
High Cost of Advanced Testing Equipment:

The cost of sophisticated packaging testing equipment can be prohibitive for smaller companies, limiting their ability to invest in high-end systems. This cost factor can hinder market growth, particularly in developing regions.
Complexity of Regulations:

The packaging industry must navigate complex regulations across different regions and industries. Ensuring compliance with varying international standards can be challenging, and companies may need to invest in different testing equipment to meet these requirements.
Environmental Concerns:

As the industry shifts toward sustainable and eco-friendly packaging solutions, manufacturers must adapt their testing methods to assess new materials. Testing equipment manufacturers must ensure that their systems are compatible with emerging sustainable materials.
Lack of Skilled Labor:

Operating and interpreting results from advanced packaging testing equipment requires skilled labor, and the shortage of trained personnel in certain regions can present a challenge for manufacturers.
Key Players in the Packaging Testing Equipment Market
Several companies are at the forefront of the packaging testing equipment market, providing advanced solutions for various industries. Prominent players include:

AMETEK, Inc.:

AMETEK is a leader in electronic instruments and electromechanical devices, offering a wide range of packaging testing equipment, including systems for strength, compression, and barrier testing.
Presto Group:

Presto Group is a well-known provider of material testing equipment, including packaging testing solutions designed to meet industry standards for quality assurance.
Mocon, Inc.:

Mocon specializes in testing equipment for barrier materials, providing solutions for measuring the permeability of packaging materials to gases, moisture, and other substances.
TMI Group of Companies:

TMI Group offers packaging testing equipment focused on physical properties testing, including compression, seal strength, and impact resistance systems.
Intertek Group plc:

Intertek provides comprehensive testing, inspection, and certification services for packaging and other materials, helping companies meet regulatory requirements and ensure product safety.
Future Outlook
The Packaging Testing Equipment market is expected to continue its growth trajectory, driven by advancements in packaging technologies, regulatory pressures, and the need for durable and sustainable packaging solutions. Key trends that will shape the future of the market include:

Adoption of Sustainable Packaging:

As the packaging industry focuses on reducing its environmental impact, packaging testing equipment will play a crucial role in evaluating the performance of new, eco-friendly materials.
Growth in Emerging Markets:

Rapid industrialization and urbanization in emerging economies will create new opportunities for packaging testing equipment manufacturers, particularly as local industries adopt standards.
Automation and AI Integration:

The incorporation of automation and artificial intelligence into testing systems will enhance the efficiency and accuracy of testing procedures, allowing manufacturers to streamline their operations.
Increased Focus on Product Customization:

With the rise of personalized and customized packaging, testing equipment will need to adapt to accommodate the unique requirements of these new packaging formats.
Table of Contents

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS

EXECUTIVE SUMMARY

Market Overview
Key Findings
Market Segmentation
Competitive Landscape
Challenges and Opportunities
Future Outlook

SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE

SECTION III: QUALITATIVE ANALYSIS

SECTION IV: QUANTITATIVE ANALYSIS

SECTION V: COMPETITIVE ANALYSIS

LIST Of tables

LIST Of figures

Related Reports

Fresh Food Packaging Market https://www.wiseguyreports.com/reports/fresh-food-packaging-market

Skincare Packaging Market https://www.wiseguyreports.com/reports/skincare-packaging-market

Packaged Foods Meats Market https://www.wiseguyreports.com/reports/packaged-foods-meats-market

Perfume Packaging Market https://www.wiseguyreports.com/reports/perfume-packaging-market

Bulk Liquid Transport Packaging Market https://www.wiseguyreports.com/reports/bulk-liquid-transport-packaging-market

Freezer Label Market https://www.wiseguyreports.com/reports/freezer-label-market

Inkjet Label Market https://www.wiseguyreports.com/reports/inkjet-label-market

3D Printed Brain Models Market https://www.wiseguyreports.com/reports/3d-printed-brain-models-market

Paper And Plastic Film Capacitors Market https://www.wiseguyreports.com/reports/paper-and-plastic-film-capacitors-market

Optical Films Market https://www.wiseguyreports.com/reports/optical-films-market

Food Packaged Condensed Milk Market https://www.wiseguyreports.com/reports/food-packaged-condensed-milk-market

WISEGUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India 411028
Sales +91 20 6912 2998

We Are One Of The World's Largest Premium Market Research & Statistical Reports Centre
Wise Guy Reports is pleased to introduce itself as a leading provider of insightful market research solutions that adapt to the ever-changing demands of businesses around the globe. By offering comprehensive market intelligence, our company enables corporate organizations to make informed choices, drive growth, and stay ahead in competitive markets.
Integrity and ethical conduct are at the core of everything done within Wise Guy Reports. We ensure transparency, fairness, and integrity in all aspects of our business operations, including interactions with clients, partners, and stakeholders, by abiding by the highest ethical standards.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Packaging Testing Equipment Market Growth: Projected CAGR of 31.76 % Through 2032 here

News-ID: 3673568 • Views:

More Releases from WiseGuy Reports

Feed Handling Equipment Market Insights into Investment Strategies and Economic Factors Influencing Growth by 2032
Feed Handling Equipment Market Insights into Investment Strategies and Economic …
Feed Handling Equipment Market Size was estimated at 15.25 USD Billion in 2023. The Feed Handling Equipment Market Industry is expected to grow from 15.85 USD Billion in 2024 to 21.5 USD Billion by 2032. The Feed Handling Equipment Market CAGR is expected to be around 3.88% during the forecast period 2024 - 2032. This report segments the Feed Handling Equipment market comprehensively. The regional market sizes, concerning products
Grain Drying Equipment Market to Expand Significantly with New Technologies by 2032
Grain Drying Equipment Market to Expand Significantly with New Technologies by 2 …
The grain drying equipment market has witnessed substantial growth in recent years, driven by the increasing demand for high-quality grain storage and the need for efficient post-harvest processing. As agricultural practices evolve and technological advancements improve the drying processes, the market for grain drying equipment is expected to expand significantly. This article explores the key factors influencing the market, emerging trends, and the competitive landscape shaping the grain drying equipment
Fruit And Vegetable Dryer Market Set to Grow with Increasing Adoption of Energy-Efficient Technologies by 2032
Fruit And Vegetable Dryer Market Set to Grow with Increasing Adoption of Energy- …
The Fruit And Vegetable Dryer Market research report offers crucial insights into how the industry is evolving, highlighting key drivers of growth and the main revenue streams expected between 2024 and 2032. The Fruit and Vegetable Dryer Market has experienced significant growth over the past few years, driven by the increasing demand for dehydrated fruits and vegetables, longer shelf-life requirements, and changing consumer preferences for convenience foods. As more people
Glass Lined Pipe Market Outlook- Robust Growth Predicted Through 2032 with a 5.07% CAGR
Glass Lined Pipe Market Outlook- Robust Growth Predicted Through 2032 with a 5.0 …
The glass-lined pipe market has gained considerable traction in recent years, driven by its widespread use in industries such as chemicals, pharmaceuticals, and food processing. These pipes are known for their unique properties, such as resistance to corrosion, chemical inertness, and the ability to handle extreme temperatures and pressure. Glass-lined pipes are typically made by bonding a layer of glass to the inner surface of a metal pipe, which provides

All 5 Releases


More Releases for Packaging

Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Download PDF Sample of this Report @ http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2 The following manufacturers are covered: Owens Illinois Salazar Packaging Design Packaging PrimeLine Packaging International Packaging Elegant Packaging Pak Factory ABOX Packaging ACG Ecopak CB Group SoOPAK Company Huhtamaki
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563 The E-Commerce
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth. The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury