Market Share of Asia-Pacific Package Testing Industry
The Asia-Pacific package testing market is moderately consolidated, with a few major companies like TDDL Inc., Intertek, SGS, CSZ Testing Services Laboratories, CRYOPAK, Advance Packaging, and Nefab. The companies continuously invest in strategic partnerships and product developments to gain more market share.
- February 2023 - ALS stated that it had signed a Sale and Purchase Agreement (SPA) for the sale of its Asset Care business to SRG Global. The purchase price is AUD 80 million (~USD 55.39 million), which will be paid in two installments: AUD 10 million (~USD 6.92 million) upon execution of the SPA and AUD 70 million (~USD 48.47 million) upon completion.
- January 2023 - SGS was awarded contracts to conduct tailings waste analysis, analysis of legacy ore stockpiles, and environmental water monitoring for Green Tech Mining & Services (GTMS). The services will be offered in connection with the GTMS projects at Bishara, Rakkah (formerly Mining Block 10), and Arjaa Tailings (previously Mining Block 4). With the use of these services, GTMS will be able to collect any targeted residual minerals and repair the harm done to the environment. This opportunity also helps it maintain its position as the region's top supplier of laboratory services to the Sultanate of Oman and the Middle Eastern natural resources sector.
APAC Package Testing Market Leaders
DDL, Inc.
CSZ Testing Services Laboratories
CRYOPAK
SGS S.A
Intertek Group Plc
*Disclaimer: Major Players sorted in no particular order
