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- Europe Package Testing Market – Growth & Forecast (2023 – 2030)
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 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 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 the basis of material, the market is segmented into glass, plastic, metal, paper & paperboard. Paper & paperboard segment holds the largest market share owing to the increasing use of paper & paperboard for their easy and abundant availability, lower cost and environment-friendly nature. On the basis of 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. On the basis of Geography, the market is segmented into various regions namely U.K., Germany, France, Italy and Spain.
Europe 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.
Europe 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 Europe Package Testing Market are:
- Intertek Group PLC
- DDL, Inc.
- SGS SA
- Cryopak
- CSZ Testing Services Laboratories
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing demand for packaged products
4.1.2 Stringent regulatory environment
4.1.3 Technological advancements in the market
4.1.4 Rising demand for longer shelf of the products under varying conditions
4.1.5 Increasing awareness and demand for sustainable packaging
4.2 Restraints
4.2.1 High cost associated with package testing
4.2.2 Lack of standard regulations
4.3 Opportunities
4.3.1 Emerging countries have high growth opportunities
4.3.2 Growing consumer awareness about the importance of safe packaging for products
4.3.3 Portable & automated testing techniques to enhance the testing availability with less turnaround time
4.4 Challenges
4.4.1 High capital investments
4.4.2 High turnaround time for a majority of the tests
Chapter 5 Europe Package Testing Market – By Type
5.1 Introduction
5.2 Physical
5.3 Chemical
5.4 Microbiological
Chapter 6 Europe Package Testing Market – By Application
6.1 Food & Beverage
6.2 Pharmaceuticals
6.3 Personal care
6.4 Agrochemicals
6.5 Others
Chapter 7 Europe Package Testing Market – By Material
7.1 Glass
7.2 Plastic
7.3 Metal
7.4 Paper & Paperboard
7.5 Others
Chapter 8 Europe Package Testing Market – By Technology
8.1 Introduction
8.2 Physical test methods
8.3 Spectroscopy & photometric-based
8.4 Chromatography-based
8.5 Others
Chapter 9 Europe Package Testing Market – By Geography
9.1 Introduction
9.2 Europe
9.2.1 U.K.
9.2.2 Germany
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6. Others
Chapter 10 Europe Package Testing Market – Company Profiles
10.1 Intertek Group PLC
10.2 DDL, Inc.
10.3 SGS SA
10.4 Cryopak
10.5 CSZ Testing Services Laboratories
10.6 Nefab
10.7 Advance Packaging
10.8 Turner Packaging
10.9 Cascade Tek
10.10 National Technical Systems
Chapter 11 Europe Package Testing Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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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 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 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 the basis of material, the market is segmented into glass, plastic, metal, paper & paperboard. Paper & paperboard segment holds the largest market share owing to the increasing use of paper & paperboard for their easy and abundant availability, lower cost and environment-friendly nature. On the basis of 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. On the basis of Geography, the market is segmented into various regions namely U.K., Germany, France, Italy and Spain.
Europe 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.
Europe 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 Europe Package Testing Market are:
- Intertek Group PLC
- DDL, Inc.
- SGS SA
- Cryopak
- CSZ Testing Services Laboratories
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing demand for packaged products
4.1.2 Stringent regulatory environment
4.1.3 Technological advancements in the market
4.1.4 Rising demand for longer shelf of the products under varying conditions
4.1.5 Increasing awareness and demand for sustainable packaging
4.2 Restraints
4.2.1 High cost associated with package testing
4.2.2 Lack of standard regulations
4.3 Opportunities
4.3.1 Emerging countries have high growth opportunities
4.3.2 Growing consumer awareness about the importance of safe packaging for products
4.3.3 Portable & automated testing techniques to enhance the testing availability with less turnaround time
4.4 Challenges
4.4.1 High capital investments
4.4.2 High turnaround time for a majority of the tests
Chapter 5 Europe Package Testing Market – By Type
5.1 Introduction
5.2 Physical
5.3 Chemical
5.4 Microbiological
Chapter 6 Europe Package Testing Market – By Application
6.1 Food & Beverage
6.2 Pharmaceuticals
6.3 Personal care
6.4 Agrochemicals
6.5 Others
Chapter 7 Europe Package Testing Market – By Material
7.1 Glass
7.2 Plastic
7.3 Metal
7.4 Paper & Paperboard
7.5 Others
Chapter 8 Europe Package Testing Market – By Technology
8.1 Introduction
8.2 Physical test methods
8.3 Spectroscopy & photometric-based
8.4 Chromatography-based
8.5 Others
Chapter 9 Europe Package Testing Market – By Geography
9.1 Introduction
9.2 Europe
9.2.1 U.K.
9.2.2 Germany
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6. Others
Chapter 10 Europe Package Testing Market – Company Profiles
10.1 Intertek Group PLC
10.2 DDL, Inc.
10.3 SGS SA
10.4 Cryopak
10.5 CSZ Testing Services Laboratories
10.6 Nefab
10.7 Advance Packaging
10.8 Turner Packaging
10.9 Cascade Tek
10.10 National Technical Systems
Chapter 11 Europe Package Testing Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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