Packaging Testing Equipment Market Size, Share Global Analysis Report, 2024 – 2032

Industry Insights

[220+ Pages Report] According to Facts & Factors, the global packaging testing equipment market size was valued at USD 3.78 billion in 2023 and is predicted to surpass USD 6.61 billion by the end of 2032. The packaging testing equipment industry is expected to grow by a CAGR of 6.40% between 2024 and 2032.

Market Overview

Packaging testing equipment refers to specially designed machinery and equipment that help measure and assess the durability, quality, and safety of the packaging materials. These devices are important for ensuring the packaging quality and standards for its complete life-cycle, from production to distribution. These equipment tests for different parameters like physical, mechanical, barrier & permeability, seal & closure, vibrations, and many others. Packaging testing equipment also helps manufacturers align with environmental goals.

Key Insights

• As per the analysis shared by our research analyst, the global packaging testing equipment market size is estimated to grow annually at a CAGR of around 6.40% over the forecast period (2024-2032).
• In terms of revenue, the global packaging testing equipment market size was valued at around USD 3.78 billion in 2023 and is projected to reach USD 6.61 billion by 2032.
• Fast expansion of the e-commerce industry is driving the growth of the global packaging testing equipment market.
• Based on end-users, the food and beverage segment is growing at a high rate and is projected to dominate the global market.
• Based on materials, the paper segment is anticipated to grow with the highest CAGR in the global market.
• Based on types, the tensile strength segment is projected to swipe the largest market share.
• Based on region, North America is expected to dominate the global market during the forecast period.

Growth Drivers

• Fast expansion of the e-commerce industry is driving the growth of the global market.

The rise in e-commerce activities is one of the major factors fueling the growth of the global packaging testing equipment market during the forecast period. E-commerce has led to a high demand for advanced packaging solutions that can deliver goods without any damage across their life cycle.

Moreover, the changing regulatory landscape of the countries is also likely to contribute to the growth of the industry. Government authorities are implementing strict standards for packaging solutions, which is also likely to foster growth prospects in the market.

Additionally, the fast-growing food and beverage sector is also likely to positively influence the growth of the industry. Companies in the food and beverage industry are coming up with extensive testing solutions to ensure food safety and quality. Manufacturers are also intended to extend the shelf life with advanced testing techniques. The growth of the pharmaceutical sector is another major factor likely to accentuate the growth of the industry in the coming years. There is a growing requirement for secure and contamination-free packaging solutions in the pharmaceutical sector, which is likely to further strengthen the demand for robust testing equipment in the market.

The ongoing innovation and developments in testing equipment are anticipated to widen the scope of the industry. Companies are coming up with real-time data analytics, automation, and IoT integration to make the process more efficient and precise. Therefore, all these factors are likely to boost the growth of the industry manifolds in the coming years.

For instance, Eurofins Medical Device Testing inaugurated a unique Package Testing Lab in 2022. It is likely to enhance the company's offering to clients by coming up with biocompatibility, sterility, and microbiology services.

Restraints

• High initial investment is likely to hinder the growth of the global market.

The high cost of advanced testing equipment is expected to hinder the growth of the packaging testing equipment industry. Also, the lack of technical expertise among staff regarding operating these advanced testing equipment is also likely to negatively impact the growth of the market. Changes in packaging and safety regulations are creating more complexity for manufacturers in the industry, which is further likely to slow down the market's growth.

Opportunities

• Growth of flexible packaging is likely to foster growth opportunities in the global market.

There is an increasing shift towards flexible, lightweight packaging solutions in the market, propelling the demand for special testing equipment to check the reliability of these materials. The increasing import and export activities are also likely to positively influence the growth of the industry. The growing concerns regarding the environmental impact of traditional packaging materials are also likely to contribute immensely towards the growth of the global packaging testing equipment market.

Manufacturers are driving high demand for testing equipment that can measure the biodegradability and recyclability capabilities of these materials, thereby helping them align with environmental goals.

For instance, SIG initiated a new Packaging Development Center in Germany in 2023. It is expected to offer finishing and extrusion technology with proper testing equipment and measurement systems.

Challenges

• Competition from alternatives is a big challenge in the global market.

The availability of low-cost testing equipment from unorganized markets is a big challenge in the packaging testing equipment industry. Also, fluctuations in economic aspects are a major factor that is likely to affect the growth of the industry.

Additionally, there are certain regions where manual testing is preferred over others because of low cost and less complexity, which is further expected to hinder the growth of the industry.

Report Scope

Segmentation Analysis

The global packaging testing equipment market can be segmented into end-users, materials, types, and regions.

On the basis of end-users, the market can be segmented into transport & logistics, consumer electronics, pharmaceuticals, food & beverage, and others. The food and beverage segment accounts for the largest share of the packaging testing equipment industry during the forecast period. Strict food safety regulations like EFSA, FDA, and FSSAI mandates are one of the major factors driving the growth of the segment.

Also, the manufacturers are raising attention to increasing the shelf life of food products, particularly perishable items, which is further anticipated to boost the demand for strict testing procedures for oxygen, moisture, and other contaminants. The growing demand for convenience food across the globe under the ready-to-eat and packaged food categories is further strengthening the demand for testing applications.

Furthermore, the fast growth of e-commerce is fueling the demand for durable packaging solutions to withstand the shipping and handling stress.

On the basis of materials, the market can be segmented into metal, glass, paper, and plastic. Paper is the fastest-growing segment in the global packaging testing equipment market during the forecast period. The rising trend of sustainable packaging is driving the demand in the market. There are growing concerns regarding the negative effects of plastic packaging, which also support the trend of sustainable packaging solutions. Governments all across the globe are coming up with many incentives, policies, and regulations to lower plastic usage and promote paper packaging. The expansion of retail and e-commerce is further fueling the demand for sustainable and durable packaging solutions that are both eco-friendly and cost-effective.

However, developments in packaging solutions, such as paper packaging with improved properties, are also accentuating its adoption rate. The fast expansion of the food and beverage sector is also positively impacting the growth of paper packaging because it helps preserve food quality and safety. Paper packaging is quite cost-friendly compared to other available options in the market. Also, it is economically scalable, thereby making it ideal for large-scale and bulk requirements.

On the basis of types, the market can be segmented into drug testing equipment, compression, tensile strength, and others. The tensile strength segment is expected to dominate the packaging testing equipment industry during the forecast period. Tensile strength testing helps measure the force of packaging material that it can bear without any damage. The testing includes all the activities during storage, handling, and transportation.

However, the high demand for lightweight packaging is further expected to foster the demand for tensile strength testing in the market. The tensile strength testing is a universal requirement across different sectors like personal care, pharmaceuticals, food & beverage, e-commerce, and others. The growth of the e-commerce and logistics sectors is also likely to positively influence the growth of the segment as it will increase the demand for a testing mechanism that measures stress and helps manufacturers meet their requirements. Innovation in sustainable packaging materials is also propelling the demand for tensile strength testing to check the reliability of materials.

Regional Analysis

• North America to dominate the global market.

North America will likely account for the largest share of the global packaging testing equipment market during the forecast period. The US is the leading market in the region because of the strict government regulations. However, Canada is also a fast-growing region because of the rising export activities.

Additionally, the manufacturers are focusing on maintaining high-quality packaging standards, which is also likely to positively influence the growth of the segment. North America is witnessing a growing demand for packaged goods, which is strengthening the need for reliable packaging solutions in the region. The fast-growing food & beverage and pharmaceutical industries in the US and Canada are also widening the scope of advanced testing equipment in the region.

Countries in North America are working towards sustainability goals, which is also fueling the demand for eco-friendly packaging materials. Companies in North America are working towards the development of new equipment that can assess diverse aspects like recyclable, compostable, and biodegradable plastics to help people align with their environmental goals. Therefore, such a landscape is expected to foster growth opportunities in North America in the coming years.

Asia Pacific is another major region likely to see significant growth in the coming years. Japan is the leading market in the region because of the high investment from leading companies in developing advanced testing equipment.

Also, China is likely to see significant developments in the market because of the growing demand for automated testing solutions that improve the accuracy and efficiency of the process. India is witnessing an increasing demand for consumer electronics, which is likely to widen the scope of testing equipment that can work on sensitive components.

The growing awareness in emerging markets in APAC is also likely to positively influence the growth of the regional market. The changing regulatory standards and protocols regarding equipment testing are also expected to expand the market in APAC. For instance, Intertek took over QIMA in 2022. This acquisition is likely to extend Intertek's capabilities. QIMA is a leading vendor of safety, quality, and compliance solutions.

Competitive Analysis

The key players in the global packaging testing equipment market include:

• Fuji Machinery Co. Ltd.
• Qualitest
• Machines Solutions Inc.
• AZO Holdings GmbH
• Labthink Instruments Co. Ltd.
• Presto Testing Equipment
• Marchesini Group
• Coesia Group
• AMETEK Inc.
• Krones AG

For instance, Intertek came up with Protek Healthcare packaging solutions in 2022. This testing solution will help improve patient safety and drug efficacy. The company is a UK-based multinational assurance, testing, and certification company with headquarters in England.

The global packaging testing equipment market is segmented as follows:

By End-Users Segment Analysis

• Transport & Logistics
• Consumer Electronics
• Pharmaceuticals
• Food & Beverage
• Others

By Materials Segment Analysis

• Metal
• Glass
• Paper
• Plastic

By Types Segment Analysis

• Drug Testing Equipment
• Compression
• Tensile Strength
• Others

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America