Global Package Testing Market Attractiveness, Competitive Landscape and Forecasts to 2023
Orbis Research Present's Global Package Testing Market Research which enhances the decision making Capabilities and helps to Create an Effective Counter Strategies to Gain Competitive Advantage
(EMAILWIRE.COM, August 30, 2018 ) The Global Package Testing Market was valued at USD 8.25 billion in 2017 and is expected to reach a value of USD 17.18 billion by 2023 at a CAGR of 12.62% over the forecast period (2018 - 2023). The package testing market report is segmented by primary packaging material used and by the type of testing method employed. Plastic, paper, metal, and glass are the different materials used in packaging and each of the following materials has different testing procedures. The types of testing methods, in package testing, include drop test, vibration tests, shock tests, temperature testing, atmospheric pressure testing, shelf life testing, compression testing, and others. This market report is further segmented by regions into North America, Latin America, Europe, Middle East & Africa, and Asia-Pacific.
Get PDf Sample pages of Report at: http://www.orbisresearch.com/contacts/request-sample/2131743?utm_source=Dipali
Key Companies Mentioned: DDL Inc., Intertek Group plc, SGS SA, CSZ Testing Services Laboratories, Cryopak, Advance Packaging Corporation, Nefab Group, National Technical Systems Inc., Turner Packaging Ltd., Cascade Tek.
The packaging now behaves as a primary face of the brand and the quality of the packaging now affects the perceived “quality” of the product, therefore, the need for package testing has increased. The primary objectives for the same are to ensure higher shelf life and the reduction of costs normally associated with damaged goods.
Moreover, the governments all over the world have set strict regulations to ensure the safety of the package, thus, mandating the testing packaging for safety and durability. Rigorous control regulations and administration, along with qualification demands all over the world are increasing the demand for package testing.
However, the costs associated with the testing of packaging are quite high, making it harder for small-scale manufacturers and industries to invest in this process, thereby, hindering the growth of this market.
The paper packing industry is growing at a decent rate and is expected to maintain a healthy growth during the forecast period. With increased consumption of consumer goods and packaged food around the world, the industry is expected to expand. Overall, the market is expected to double in size by 2020, while it is expected to register considerable growth in Asia-Pacific, Latin America, and European regions.
Demand for Longer Shelf Life is Driving the Market Growth
With more and more products being launched globally and increased trading of consumer goods, the demand for package testing is growing as well. Industries are now investing on reliable package testing solutions, the need for longer shelf life under varying conditions is driving the growth of this industry.
Depending on the packaging material, the shelf life of the package varies according to atmospheric conditions. Paper packaging has a very low shelf life in regions with high humidity and moisture, whereas, plastic and metal packaging can affect the quality of the contents in regions with high temperatures. Hence, package quality and shelf life are heavily dependent on the environment. Hence, it has to be made sure that packaging can handle the different atmospheric conditions and provide a long shelf life. Thus, manufacturers are now dependent on package testing to ensure the quality and durability of the product packaging.
Globalization has facilitated manufacturers of products to expand their markets all around the world. In addition, the demand for imported goods has increased in the past decade all around the world. It is further reported that beverages held the largest import share (43%) in UK in 2016, thus, providing opportunities for solution providers in the segment.
Browse complete Report at: http://www.orbisresearch.com/reports/index/global-package-testing-market-segmented-by-type-drop-tests-vibration-tests-shock-tests-compression-testing-primary-materials-glass-paper-metals-plastics-and-region-growth-trends-and-forecast-2018-2023?utm_source=Dipali
Key Developments in the Market
November 2017 - DDL is offering photostability testing at its Eden Prairie, MN lab facility to assess the response to light exposure of pharmaceutical & combination products, cosmetics and other products.
Reasons to Purchase this Report
To analyze various perspectives of the market with the help of Porter’s five forces analysis
To gain understanding on which type of deployment and application is expected to dominate the market
To understand which regions are expected to witness the fastest-growth during the forecast period
The report identifies the latest developments, market shares, and strategies employed by the major market players
3-months analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Enquire For more details of Report at: http://www.orbisresearch.com/contacts/enquiry-before-buying/2131743?utm_source=Dipali
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients
Get PDf Sample pages of Report at: http://www.orbisresearch.com/contacts/request-sample/2131743?utm_source=Dipali
Key Companies Mentioned: DDL Inc., Intertek Group plc, SGS SA, CSZ Testing Services Laboratories, Cryopak, Advance Packaging Corporation, Nefab Group, National Technical Systems Inc., Turner Packaging Ltd., Cascade Tek.
The packaging now behaves as a primary face of the brand and the quality of the packaging now affects the perceived “quality” of the product, therefore, the need for package testing has increased. The primary objectives for the same are to ensure higher shelf life and the reduction of costs normally associated with damaged goods.
Moreover, the governments all over the world have set strict regulations to ensure the safety of the package, thus, mandating the testing packaging for safety and durability. Rigorous control regulations and administration, along with qualification demands all over the world are increasing the demand for package testing.
However, the costs associated with the testing of packaging are quite high, making it harder for small-scale manufacturers and industries to invest in this process, thereby, hindering the growth of this market.
The paper packing industry is growing at a decent rate and is expected to maintain a healthy growth during the forecast period. With increased consumption of consumer goods and packaged food around the world, the industry is expected to expand. Overall, the market is expected to double in size by 2020, while it is expected to register considerable growth in Asia-Pacific, Latin America, and European regions.
Demand for Longer Shelf Life is Driving the Market Growth
With more and more products being launched globally and increased trading of consumer goods, the demand for package testing is growing as well. Industries are now investing on reliable package testing solutions, the need for longer shelf life under varying conditions is driving the growth of this industry.
Depending on the packaging material, the shelf life of the package varies according to atmospheric conditions. Paper packaging has a very low shelf life in regions with high humidity and moisture, whereas, plastic and metal packaging can affect the quality of the contents in regions with high temperatures. Hence, package quality and shelf life are heavily dependent on the environment. Hence, it has to be made sure that packaging can handle the different atmospheric conditions and provide a long shelf life. Thus, manufacturers are now dependent on package testing to ensure the quality and durability of the product packaging.
Globalization has facilitated manufacturers of products to expand their markets all around the world. In addition, the demand for imported goods has increased in the past decade all around the world. It is further reported that beverages held the largest import share (43%) in UK in 2016, thus, providing opportunities for solution providers in the segment.
Browse complete Report at: http://www.orbisresearch.com/reports/index/global-package-testing-market-segmented-by-type-drop-tests-vibration-tests-shock-tests-compression-testing-primary-materials-glass-paper-metals-plastics-and-region-growth-trends-and-forecast-2018-2023?utm_source=Dipali
Key Developments in the Market
November 2017 - DDL is offering photostability testing at its Eden Prairie, MN lab facility to assess the response to light exposure of pharmaceutical & combination products, cosmetics and other products.
Reasons to Purchase this Report
To analyze various perspectives of the market with the help of Porter’s five forces analysis
To gain understanding on which type of deployment and application is expected to dominate the market
To understand which regions are expected to witness the fastest-growth during the forecast period
The report identifies the latest developments, market shares, and strategies employed by the major market players
3-months analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Enquire For more details of Report at: http://www.orbisresearch.com/contacts/enquiry-before-buying/2131743?utm_source=Dipali
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results