North America 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.
North America Package Testing Market Segments Size & Growth:
North America Package Testing Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the North America 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.
North America Package Testing Market Segments Share:
North America Package Testing Market is segmented by the type
North America 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
which consists of physical, chemical 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. By 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. By material, the market is segmented into glass, plastic, metal, paper & paperboard. Paper & paperboard segment holds the largest market share was owing to the increasing use of paper & paperboard for their easy and abundant availability, lower cost and environment-friendly nature. By technology, the market is segmented into physical test methods, spectroscopy & photometric-based and chromatography-based. Among these segments, spectroscopy & photometric-based segment contributes the largest share in the market owing to the rising demand for spectroscopic techniques in various areas of packaging testing. By Geography, the market
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North America 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
is segmented into various regions namely U.S., Canada, and Mexico.
North America Package Testing Market Trends:
- Intertek Group PLC announced that it had acquired Acumen Security, LLC on 13 December 2017.
- Cryo-Gel packs by Cryopak provide an economical choice for safe transport of temperature-sensitive items, such as pharmaceuticals and food. These packs will help protect your products against excessive high or low temperatures.
North America Package Testing Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players in the North America Package Testing Market are:
- Intertek Group PLC
- DDL, Inc.
- SGS SA
- Cryopak
- CSZ Testing Services Laboratories
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