Package Testing Market Size (2024 - 2029)

Package Testing Market Analysis

The Package Testing Market size is estimated at USD 13.96 billion in 2024, and is expected to reach USD 23.34 billion by 2029, growing at a CAGR of 10.82% during the forecast period (2024-2029).

Package testing plays a prominent role in almost every supply chain. Package testing ensures the business's packaging meets specifications and avoids costly product damage, legal situations, and poor user experiences. Package testing identifies opportunities in several areas, such as savings on packaging costs, the performance of packaging materials in realistic environmental conditions and transportation scenarios, quality control insights, and scalability of packaging. It also includes compliance issues like certifications, specifications, and regulations.

• Globalization increased owing to trade liberalization, improvements in transport infrastructure and communication technologies, and the growth of multinational companies in the food retail sector. It boosted international trade in perishable foods like dairy, fruits, and vegetables.
• It made package testing even more important, as damaged products increase costs for retailers and manufacturers and lead to customer dissatisfaction. The reliability of the package is tested by performing numerous tests, such as drop, vibration, and shock tests, directed by standard institutions, such as the American Society for Testing and Materials (ASTM) and the International Seed Testing Association (ISTA).
• However, the costs associated with packaging testing are quite high, making it harder for small-scale manufacturers and industries to invest in this process, thereby hindering the growth of this market.
• Moreover, global and regional economic health significantly shapes the demand for packaged products, thereby fueling the necessity for packaging testing. Consumer spending shifts and buying habits directly alter the volume and intricacy of packaging, molding the packaging testing landscape.
• The packaging testing sector's fortunes are intricately linked to key industries like food and beverage, consumer goods, pharmaceuticals, and electronics. Swings in industrial output and manufacturing directly sway the appetite for packaging testing services.

Package Testing Industry Segmentation

Package or packaging testing involves measuring a characteristic or property involved in packaging. It includes packaging materials, components, primary packages, shipping containers, unit loads, and the associated processes. The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyzes the overall impact of macroeconomic factors on the ecosystem.

The package testing market is segmented by primary material (glass, paper, plastic, and metal), type (drop test, vibration test, shock test, temperature test, and other types [compression testing, shelf life testing, and atmospheric temperature testing]), end-user industry (food and beverage, industrial, healthcare, household and personal care products, and other end-user industries), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in value (USD) for all the above segments.