The Packaging Testing Services Market Propels Forward with a 9.7% CAGR by 2033

With an estimated valuation of approximately US$ 14,839.3 million in 2023, the global packaging testing services market is positioned for substantial growth. Projected to achieve a noteworthy US$ 37,452.4 million by 2033, the market is set to secure an impressive Compound Annual Growth Rate (CAGR) of 9.7% throughout the projection period. This positive trajectory reflects the increasing importance of rigorous testing in ensuring the quality and efficacy of packaging solutions across various industries. As companies prioritize product integrity and compliance with quality standards, the market's expansion underscores its crucial role in maintaining the integrity of packaged goods during the entire supply chain process.

The global packaging testing services market is witnessing growth driven by various factors, such as the expanding retail trade fueled by a rising demand for packaged goods. Additionally, the market is influenced by the growing number of environmentally conscious consumers who seek sustainable packaging solutions. The presence of a stringent regulatory atmosphere further contributes to the market's expansion, as companies prioritize compliance with packaging standards. Moreover, technological innovation plays a pivotal role in shaping the market landscape, as businesses strive to adopt advanced testing methods and ensure the effectiveness of packaging in safeguarding products during transit.

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Competitive Landscape for the Packaging Testing Services Market

In this market study, the competitive landscape is relatively strong, and regional packaging testing services concentration is modest in nature. However, rapid advancement and consolidation of the market are anticipated over the next years through mergers and collaborations.

Packaging Testing Services Market Landscape

Institut fur Produktqualitat GmbH
Campden BRI
EMSL Analytical Inc.
Microbac Laboratories, Inc.
National Technical Systems, Inc.
Mérieux NutriSciences Corporation
ALS Limited
TÜV SÜD AG
Eurofins Scientific SE
Intertek Group Plc.
Bureau Veritas SA
GS S.A.

Key Takeaways from the Packaging Testing Services Market Study Report

The adoption of packaging testing services globally is projected to witness an absolute growth opportunity of US$ 22,613.1 million over the next ten years.
Currently, countries in Europe together contribute nearly 29.6% of the global revenue generated by packaging testing services. Germany is the leading country in this respect and held a global market share of 6.1% in 2022.
The demand for packaging testing services in the United Kingdom is growing at a significant rate than in any other country in Europe. The United Kingdom market is anticipated to witness an overwhelming growth rate of 3.1% over the forecast years.
North America followed Europe in providing packaging testing services and contributed 24.2% to global revenue in 2022. However, in comparison to all other countries, the United States dominated the global market by acquiring 21.7% of the revenue share.
China and India are projected to emerge as the leading regions by following CAGRs of 10.5% and 11.2% through 2033 respectively

Recent Developments by the Packaging Testing Services Providers

The Advanced Testing Laboratory, which was mainly a supplier of scientific sourcing services, was purchased by Bureau Veritas Inc. in June 2022. It offered research and development, product qualification, production, and packaging like all services. Bureau Veritas anticipated that the purchase might aid in growing its market share in the United States and Canada.
In July 2022, an additional Package Testing Lab was established by Eurofins Scientific SE. This new lab is expected to offer crucial testing assistance for the protective qualities and longevity of labels over packages. On top of that, the company’s service capabilities to clients are anticipated to be improved by this new unit in Lancaster, Pennsylvania.
Packaging testing service providers in India were able to demonstrate their end-to-end commitment to sustainability starting in January 2020. It was possible through the innovative Total Sustainability Assurance program from Intertek Group plc, which offers an industry-leading, independent assurance solution.

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Key Segmentations-

Packaging Testing Services Market by Testing Type: