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2022

Packaging Testing Equipment Market by Material Type (Plastic, Paper, Metal, and Glass) and End Use (Food & Beverage, Pharmaceuticals, Consumer Electronics, Transport & Logistics, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

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Aug 2022 | 44 Views
   
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COVID-19

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Testing of the product packaging is carried out before the product is sent for shipping. During transportation and logistics, various factors such as pressure loads, knocks, shocks, vibrations, temperature change, and humidity fluctuation have a major impact on the goods and products as well as their containers. As a result, a variety of package testing procedures are developed to address this issue. With the use of testing facilities, packaging is examined to see if it is able to withstand the above-mentioned conditions. Packaging plays an important role in ensuring the quality and integrity of products & goods. To fulfil global customer demand, products are procured and shipped from all over the world and require durable packaging solutions.   

Market Scope and Structure Analysis

Description

Packaging testing equipment enhanced the need for packaging inspection since damaged or over-packaged items result in customer disappointment and higher costs for retailers and producers. Various test procedures, such as drop, shock, and vibration testing are used to determine a package's durability. Such tests are led by the International Seed Testing Association (ISTA) and the American Society for Testing and Materials (ASTM). These standard government regulations are followed all over the world. Packages must be more robust in sectors such as food & beverages, where the package is unacceptable due to a trace of toxicity. Violations of any kind are then investigated by departments such as the USFDA and severe consequences are imposed, ranging from fines to permanent product bans.  

Report Metric

Details

  Market Size Available for Years

 2021-2030

  Base Year Considered

  2021

  Forecast Period

  2021-2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Material Type, End Use, and Region

  Companies Covered

SGS S.A., Bureau Veritas SA, Intertek Group Plc., Eurofins Scientific SE, TÜV SÜD AG, ALS Limited, Krones AG, AMETEK Inc., Coesia Group, Presto Testing Equipment, Machines Solutions Inc., Qualitiest, Fuji Machinery Co. Ltd.

 

COVID-19 Impact Analysis

  • COVID-19 pandemic ceased the production of various products in the packaging testing equipment industry, which is attributed to the global lockdown. This has hampered the growth of packaging testing equipment market from the last few months and is likely to continue during 2022.
  • COVID-19 affected the sales of packaging testing equipment in the first quarter of 2022 and is anticipated to have a negative impact on the market growth throughout the year.
  • The major demand for packaging testing equipment was previously noticed in giant manufacturing regions, such as North America, Europe, Asia-Pacific, and South America, which are negatively affected by the spread of the coronavirus, thereby declining the demand for yarders.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Packaging testing equipment manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce their expenses. On the contrary, few players adopted employee lay-offs to sustain themselves during the COVID-19 health crisis.
  • Packaging testing equipment manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond to immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce. 

Top Impacting Factors

Factors such as higher product recalls due to strict regulations, an increase in the need for durable products, more demand for packaged items due to the expansion of the FMCG industry, and increase in awareness due to unlawful use of recycled materials are all driving the packaging testing market. Portable and automated testing approaches are needed to improve testing availability in less time, which open up new growth prospects for market players. Governments all across the globe are putting have set strict standards to assure product quality. Testing is a necessary aspect of the rule and hence is unavoidable. 

Moreover, the expansion of FMCG, e-commerce, pharmaceuticals, and food & beverage sectors is forcing key companies to manufacture the latest and advanced packaging testing equipment to reduce time consumption and increase product durability. As a result, expansion of such sectors is creating growth opportunity for packaging testing equipment and driving the market growth forward.  

  • In April 2021, SGS, SA, a leading testing and inspection company, introduced new comprehensive testing protocol for footwear packaging. The industry-first testing package supports retailers, brand owners, as well as e-commerce, in creating effective and durable packaging solutions that fulfil sustainability and environmental criteria, and ensure customers receive quality footwear.
  • In June 2021, Infinity Laboratories acquired Advanced Analytical Testing Laboratories, Inc. (AATL), which offers variety of consulting services, analytical testing, and research & development to support the needs of biotechnology, pharmaceutical, cosmetic, medical, and other FDA regulated businesses. With this acquisition, the Infinity Laboratories Group expands its packaging testing equipment products across the U.S. as well as its continuous focus on extending testing capabilities to better serve its customers.
  • In November 2021, AMETEK Mocon, a provider of packaging testing equipment, launched the Dansensor Lippek 5000 package integrity testing system. It measures package leaks, seal strength, and burst pressure with & without modified atmosphere. The integrated design improves consistency and sensitivity for more precise pressure management during the testing process, resulting in the most accurate leak, burst, and creep test results possible.

Key Benefits of the Report

  • This study presents the analytical depiction of the packaging testing equipment industry along with the current trends and future estimations to determine the future investment pockets.
  • The report presents detailed information related to key drivers, restraints, opportunities and market share of packaging testing equipment.
  • A quantitative analysis highlights the packaging testing equipment growth scenario from 2020 to 2030.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed packaging testing equipment analysis based on competitive intensity and how the competition will take shape in coming years.

Key Market Segments

Segments Sub-segments
Material Type
  • Plastic
  • Paper
  • Metal
  • Glass
End Use
  • Food & Beverage
  • Pharmaceuticals
  • Consumer Electronics
  • Transport & Logistics
  • Others
Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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