Latin America Package Testing Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Latin America Package Testing Market Analysis
The Latin America Package Testing market is expected to register a CAGR of 6% over the forecast period (2021 - 2026). With the recent COVID 19, flexible packaging manufacturers have been flooded with a pool of issues that are expected to be only for the short -term. Some of the effects of lockdown include supply chain disruptions, lack of availability of raw materials used in the manufacturing process, labor shortages, fluctuating prices that could cause the production of the final product to inflate and go beyond budget, shipping problems etc.
- Package testing plays a prominent role in almost every supply chain in the Latin American region. Package testing ensures the business's packaging is up to specifications and avoids costly product damage, legal situations, and poor user experiences. Packaging 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, scalability of packaging, compliance issues, such as certifications, specifications, and regulations.
- Packaging plays an essential part in the protection of products. In Latin America, goods can be transported with ease due to its open borders. The products are transported by multiple means of transport such as road, sea, and air. They are subject to numerous external and environmental parameters that could damage their overall quality. As a result, several companies test their packaging before using them on their products.
- Factors such as growing awareness and demand for sustainable packaging, growth of the retail industry with increasing demand for packed products, and the emergence of new technologies are driving growth. Moreover, the requirement for a longer shelf-life of products helps drive the growth of the packaging testing industry.
- Recycling is a prominent concern for packaging companies, as they strive to reduce their carbon footprint and help the environment by reducing emissions. Such packages need more rigorous tests, as the product integrity cannot be compromised even when packed in recycled materials. Also, the increasing awareness about eco-friendly packagings, such as paper-based packaging, has further driven the usage of package testing to ensure that the package's integrity is not affected.
Latin America Package Testing Market Trends
This section covers the major market trends shaping the Latin America Package Testing Market according to our research experts:
Demand for Longer Shelf Life of the Products Under Varying Conditions will Drive the Market
- The advent of globalization has necessitated the exports and imports of multiple goods in Latin America, driving the significance of assuring the shelf life and integrity of the packaging. Achieving long shelf life for various products can be accomplished with the right combination of packaging materials and technology. The combination of such suitable packaging materials can be identified with several package testing services offered by companies in the market.
- Packaging can help protect food from the various factors that may cause spoilage. Many kinds of packaging extend shelf life, and multiple packaging types that reduce food spoilage focus on safeguarding against different threats. Some ways packaging extends the shelf life include modified atmosphere packaging, vacuum packaging, proper gas permeability, physical protection, etc. Multiple companies in Europe that test barrier and permeation properties of packaging material are expected to benefit from the increasing demand for longer shelf-life products.
- Moreover, it is becoming a significantly essential consideration for the food and beverage industry companies to give consumers the confidence of a more extended expiration date. Ensuring a long shelf life aims to reduce food waste as brand owners provide more purchase and consumption opportunities. The role of packaging on food protection and shelf-life extension is even more critical when combined with other consumer demands as fresher food. The increasing need for the shelf life of such products is driving the usage of package testing in the food industry.
- For some products, package testing is mandated by regulations: food, pharmaceuticals, medical devices, etc. This might cover the design qualification, periodic retesting, and control of the packaging processes. Processes might be controlled by various quality management systems such as HACCP, statistical process control, validation protocols, ISO 9000, etc.
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Healthcare is One of the Factor Driving the Market
- The growing significance of modern packaging in the pharmaceutical industry has led the brands to adopt advanced packaging test techniques to stand out from the rest of their competition and increase profitability.
- The standard also defines the requirement for evaluating the package integrity and seal strength and includes tensile testing, burst strength, dye penetration, puncture and bubble emission testing, and tear resistance.
- With the rapid spread of COVID-19 across the region, there is a concerted effort to ensure vaccines are tested to ensure safety and that they meet stringent test standards and regulations, as they are administered in several ways, such as subcutaneous (SC), intramuscular (IM), orally, intradermal (ID) injections, and via the intranasal (IN) route.
- In addition to the testing of vaccine delivery devices, packaging used to protect the vaccine is also supposed to be tested rigorously to ensure that sterile conditions are maintained up to the point of use and that the packaging provides physical protection for the vaccines.
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Latin America Package Testing Industry Overview
The Latin America Package Testing market is moderately consolidated, with a few major companies like TDDL, Inc., Intertek, SGS, CSZ Testing Services Laboratories, CRYOPAK, Advance Packaging, Nefab are some players. The companies are continuously investing in making strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are:
- October 2020 - NTS, one of the players in testing, inspection, and certification solutions, Reported that its laboratory in Huntsville, AL, has expanded its testing capacities with a multi-million-dollar investment. The NTS lab has added new dual vibration shakers, upgraded its MIL-STD 167 vibration simulator, introduced the Highly Accelerated Life Test (HALT) thermal and vibration screening system, increased its high-flow steam production to 2.2 million pounds per hour for nuclear valve and commercial test applications, and secured its indirect lightning strike test capability.
Latin America Package Testing Market Leaders
DDL, Inc.
Intertek
SGS
CSZ Testing Services Laboratories
Cryopak
*Disclaimer: Major Players sorted in no particular order
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Latin America Package Testing Market News
- April 2021 - SGS has introduced a new comprehensive footwear packaging testing technique. The industry-first testing package assists brand owners and retailers, including e-commerce, create packaging that performs effectively, meets environmental and sustainability criteria, and assures consumers receive quality footwear.
- Jan 2021 - IFP Institue for product quality announced that it also conducts active research in the field of method development in the field of immunological (protein / antibody-based), molecular biological (DNA-based), and mass spectrometric (protein / peptide-based) allergen analysis. It manufactures immunological test methods in kit format to detect allergens through Romer Labs under the brand names Agrastrip and AgraQuant Plus.
Latin America Package Testing Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Technology Snapshot
4.4.1 Package Integrity Testing
4.4.2 Package Strength Testing
4.4.3 Package Shelf-life Studies
4.4.4 Package Validation
4.5 Package Testing Needs
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rigorous Control Regulations and Administration and Qualification Demands
5.1.2 Demand for Longer Shelf Life of the Products Under Varying Conditions
5.2 Market Challenges
5.2.1 High Costs Associated with Package Testing
5.3 Impact of COVID-19 on the Package Testing Market
6. INDUSTRY POLICIES
6.1 ASTM Standards
6.2 ISO Standards
6.3 ISTA Standards
7. MARKET SEGMENTATION
7.1 By Primary Material
7.1.1 Glass
7.1.2 Paper
7.1.3 Plastic
7.1.4 Metal
7.2 By Type of Testing
7.2.1 Physical Performance Testing
7.2.2 Chemical Testing
7.2.3 Environmental Testing
7.3 By End-User Vertical
7.3.1 Food and Beverage
7.3.2 Healthcare
7.3.3 Industrial
7.3.4 Personal and HouseHold Products
7.3.5 Other End-User
7.4 By Country
7.4.1 Brazil
7.4.2 Argentina
7.4.3 Mexico
7.4.4 Rest of Latin America
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles*
8.1.1 DDL, Inc.
8.1.2 Intertek
8.1.3 SGS
8.1.4 CSZ Testing Services Laboratories
8.1.5 CRYOPAK
8.1.6 Advance Packaging
8.1.7 Nefab
8.1.8 National Technical Systems
8.1.9 Turner Packaging
8.1.10 Caskadetek
9. INVESTMENT ANALYSIS
10. FUTURE OUTLOOK OF THE MARKET
Latin America Package Testing Industry Segmentation
Package testing or packaging testing involves the measurement of a characteristic or property involved in packaging. This includes packaging materials, packaging components, primary packages, shipping containers, unit loads, and the associated processes. The market is segmented as follows:
| By Primary Material | |
| Glass | |
| Paper | |
| Plastic | |
| Metal |
| By Type of Testing | |
| Physical Performance Testing | |
| Chemical Testing | |
| Environmental Testing |
| By End-User Vertical | |
| Food and Beverage | |
| Healthcare | |
| Industrial | |
| Personal and HouseHold Products | |
| Other End-User |
| By Country | |
| Brazil | |
| Argentina | |
| Mexico | |
| Rest of Latin America |
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Latin America Package Testing Market Research FAQs
What is the current LA Package Testing Market size?
The LA Package Testing Market is projected to register a CAGR of 6% during the forecast period (2024-2029)
Who are the key players in LA Package Testing Market?
DDL, Inc., Intertek, SGS, CSZ Testing Services Laboratories and Cryopak are the major companies operating in the LA Package Testing Market.
What years does this LA Package Testing Market cover?
The report covers the LA Package Testing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the LA Package Testing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
LA Package Testing Industry Report
Statistics for the 2024 LA Package Testing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. LA Package Testing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
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