How big is the Package Testing Market?

The Package Testing Market size is expected to reach USD 13.96 billion in 2024 and grow at a CAGR of 10.82% to reach USD 23.34 billion by 2029. Read More

What is the current Package Testing Market size?

In 2024, the Package Testing Market size is expected to reach USD 13.96 billion. Read More

Who are the key players in Package Testing Market?

Intertek Group PLC, Eurofins Scientific SE, SGS SA, Bureau Veritas SA and TÜV SÜD AG are the major companies operating in the Package Testing Market. Read More

Which is the fastest growing region in Package Testing Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Package Testing Market?

In 2024, the Europe accounts for the largest market share in Package Testing Market. Read More

What years does this Package Testing Market cover, and what was the market size in 2023?

In 2023, the Package Testing Market size was estimated at USD 12.45 billion. The report covers the Package Testing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Package Testing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Package Testing Market Share

Statistics for the 2023 & 2024 Package Testing market share, created by Mordor Intelligence™ Industry Reports. Package Testing share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Package Testing Industry

The packaging testing market is semi-consolidated as the firm concentration ratio is moderate, and consolidation is expected over the next few years. The competitive rivalry is expected to increase further. The presence of longstanding companies in the market studied, such as Intertek Group PLC, Eurofins Scientific SE, SGS SA, and Bureau Veritas SA, is expected to maintain their market dominance by offering innovative package testing solutions services to intensify the market competition.

September 2023: Eurofins Medical Device Testing launched a new Package Testing Lab. The operation started operations in Finland in 2023. Eurofins Medical Device Testing is a network of laboratories providing scientific services to ensure optimized product launch and lifecycle management.
August 2023: SGS opens a new microbiological testing laboratory in Centurion. This increases food safety testing capabilities in South Africa, complementing the services provided by SGS’s existing agriculture and food laboratory (AFL) in Maitland, Cape Town.