Europe Package Testing Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Package testing is an essential requirement for any product being shipped either domestically, or internationally. Testing measures the effects and interactions of the levels of packaging, the package contents, external forces, and end-use. Increasing demand for packaged products, stringent regulatory environment, technological advancements in the market, rising demand for the longer shelf of the products under varying conditions and increasing awareness and demand for sustainable packaging are the factors boosting the growth of the market.
Europe Package Testing Market Segments Size & Growth:
Europe Package Testing Market size is projected to reach approximately $7.25 billion by the end of 2024 with a CAGR of close to 15.50% from $3.06 billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Europe Package Testing Market are increasing demand for packaged products, stringent regulatory environment, technological advancements in the market, rising demand for the longer shelf of the products under varying conditions and increasing awareness and demand for sustainable packaging are the key factors driving the market growth.
Europe Package Testing Market Segments Share:
Europe Package Testing Market is segmented on the basis of the type which consists of physical, chemical
Europe Package Testing Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
and biological. In which, a physical testing segment dominated the market owing to its analysis of physical properties of packaging materials include tension, compression, strength, burst testing, vibration and others and also it provides reliability, quality and improve the performance of packaging products. On the basis of
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Europe Package Testing Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
application, the market is segmented into food & beverage, pharmaceuticals, personal care, and agrochemicals. Among these segments, food & beverage segment contributes the largest share in the market owing to the rising demand for processed food fueled the demand for food packaging material used for food & beverage products. On
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