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Packaging Testing Market Share

Report ID: GMI12409
Published Date: Nov 2024
Report Format: PDF

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Packaging Testing Market Share

Competition in the packaging testing industry is driven by several key factors. Companies primarily compete on the quality and reliability of their testing services, as regulatory compliance is critical across industries. Technological innovation is significant, with firms investing in advanced testing methods and automation to improve efficiency and accuracy. The ability to offer customized solutions for specific industry needs provides a competitive edge. Service delivery speed and customer support are increasingly important as businesses aim to streamline processes and respond swiftly to market demands. Sustainability initiatives are emerging as a differentiator, with companies developing eco-friendly testing solutions to meet growing consumer and regulatory expectations for sustainable packaging. The market's competitive landscape is intensifying, compelling players to innovate and enhance their offerings to maintain a strong market position.

Packaging Testing Market Companies

Major players operating in the packaging testing industry are:

ALS
Ametek
Bureau Veritas
Campden BRI
DDL
Element Materials Technology
Eurofins Scientific
Intertek Group
Measur
Merieux NutriSciences
Nefab Group
SGS
Smithers
Tektronix
TUV SUD
UL
Veritiv
Westpak

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for packaging testing was valued at USD 15.7 billion in 2023 and is projected to reach USD 41.5 billion by 2032, driven by a CAGR of over 11.4% from 2024 to 2032.

The food and beverage segment held a market share of over 27% in 2023, driven by stringent safety regulations and growing consumer awareness.

North America dominated the market with a share of over 35% in 2023, driven by the need for robust packaging due to the rise in online shopping and stringent safety regulations.

Major players in the industry include ALS, Ametek, Bureau Veritas, Campden BRI, DDL, Element Materials Technology, Eurofins Scientific, Intertek Group, Measur, Merieux NutriSciences, Nefab Group, SGS, and Smithers.