Packaging Testing 2018 : Worldwide biggest Demand and Key Player Review with Forecast Market Growth : A complete backdrop analysis, which includes an assessment of the parent market

21 Feb 2018
"Packaging Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Latest Evaluation of Recent Industry Developments, Higher Volume Shares, Projected Size, Macro and Micro-economic Effect.
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Report Description-
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–– A crucial step that is carried out before a product is shipped is the testing of its packaging. Pressure loads, shocks, vibrations, knocks, changes in humidity, or changes in temperature have significant influence on the product or its packaging during transport. Therefore, numerous methods to test the packaging have been devised to overcome this situation. The packaging is checked, with the help of test facilities, whether it can withstand certain parameters that are mentioned above. Packaging plays a significant part in the assurance of quality and integrity of the product. Products are being sourced and shipped worldwide to meet the global consumer demand; hence, the packaging needs to be durable.
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–– This has made package testing even more important, as damaged or over-packaged products result in customer dissatisfaction and increased cost for retailers and manufacturers. The reliability of a package is tested by performing various tests such as drop, vibration, and shock tests, which are directed by the standard institutions such as ASTM (American Society for Testing and Materials) and ISTA (International Seed Testing Association). These standards are stringent and are universally followed. Packages need to be more durable and even a trace of toxicity is completely unacceptable especially in the food and pharmaceutical sectors. Any violation is investigated by high-level organizations such as the USFDA and strict action is taken, ranging from fines to permanent banning of the product.

–– The Packaging Testing market is driven by factors such as increase in product recalls due to stringent regulations, an increase in the requirement for durable products, increased demand for packaged products due to the growth of the FMCG industry, and increasing awareness due to unauthorized usage of recycled materials. The requirement of portable & automated testing techniques to enhance the testing availability in less time provides new growth opportunities for market players. Governments across the world are implementing rigorous guidelines to ensure the quality of the products. Testing is the main part of the guidelines, hence unavoidable. This, in turn, is primarily driving the market.
–– The cost of Packaging Testing is very high due to the high cost of testing equipment. Therefore, this is the matter of concern for new entrants.

–– Based on the application, the Packaging Testing market is segmented into food & beverage, agrochemicals, pharmaceuticals, personal care textile, automobile, transportation, environmental, and other consumer goods. The pharmaceutical segment dominated the market in 2016. The food & beverage segment is projected to expand at a significant CAGR due to an increase in food safety awareness among consumers and rise in the number of packaging and labeling mandates in various regions.

–– In terms of type, the global Packaging Testing market is segmented into physical, chemical, and microbiological. The physical segment dominated the market, accounting for a prominent share, since the determination of physical properties of a product is an essential application for Packaging Testing.
–– The chemical testing of packaging is conducted for the determination of chemical properties such as corrosion level and overall composition of the material, monitoring product quality, toxic detection, contaminants detection, and to meet other regulatory standards. The microbiological testing of packaging is conducted to detect the presence of contamination that can harm the hygiene, since there is a possibility for some organism to survive inside the packaging.
–– In terms of geography, the Packaging Testing market can be segregated into North America, Asia Pacific, Europe, Middle East, Africa, and Latin America. North America is projected to dominate the Packaging Testing market during the forecast period. The market in Asia Pacific is projected to expand at a rapid pace during the forecast period, since the demand for Packaging Testing in the food & beverage industry is projected to increase in the near future. Other factors that are driving the Asia Pacific market include the presence of emerging economies, globalization of trade, and rapid industrialization in the region.

–– The market is dominated by key 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). 

–– The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

–– –– The study is a source of reliable data on: –– ––
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

–– –– The regional analysis covers: –– ––
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

–– The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

–– A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

–– –– Highlights of the report: –– ––
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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– More Clear Details get Table of Contents https://www.researchmoz.us/packaging-testing-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content

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