Asia-Pacific Package Testing Market Size

Statistics for the 2023 & 2024 Asia-Pacific Package Testing market size, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Package Testing size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Asia-Pacific Package Testing Industry

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Asia-Pacific Package Testing Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.20 %
Market Concentration Medium

Major Players

Asia-Pacific Package Testing Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Asia-Pacific Package Testing Market Analysis

The Asia-Pacific package testing market is expected to register a CAGR of 10% over the forecast period. Food and beverage companies are developing response actions and effective plans to help mitigate the risk. The Hong Kong government has been testing chilled and frozen foods and their packaging to prevent the spread of the COVID-19 virus through imported foods. Following the COVID-19 detections, Hong Kong disposed of three shipments after a year of monitoring.

  • Package testing plays a prominent role in almost every supply chain in the Asia-Pacific region. Package testing ensures the business's packaging is up to specifications and avoids costly product damage, legal situations, and poor user experiences. Packaging testing identifies opportunities in several areas, such as savings on packaging costs, the performance of packaging materials in realistic environmental conditions and transportation scenarios, quality control insights, scalability of packaging, and compliance issues, such as certifications, specifications, and regulations.
  • Packaging plays an essential part in the protection of products. In Asia-Pacific, factors such as the growing awareness of and demand for sustainable packaging, growth of the retail industry with increasing demand for packed products, and the emergence of new technologies are driving the growth. Moreover, the requirement for a longer shelf-life of products helps drive the growth of the packaging testing industry in Asia-Pacific. As a result, several companies are investing in sustainable packaging.
  • The F&B segment is expected to grow due to increased food safety awareness among consumers and a rise in the number of packaging and labeling mandates in Asian countries. Packaged and processed foods and beverages are gaining prominence. With the increased consumption of consumer goods and packaged food worldwide, the industry is anticipated to expand.
  • The healthcare industry in China is characterized by rapidly expanding sales of pharmaceuticals and medical devices and an evolving distribution system eager to reach foreign markets and achieve economies of scale. According to data on trading partners issued by the General Administration of Customs of China, nations with strong demand for highly specialized commodities such oral equipment and materials, other disinfection, and laboratory instruments are more focused in the first half of 2021.
  • Medical masks in China in the first half of 2021 Exports to Africa totaled 182 million dollars, medical protective apparel exports reached 44 million dollars, and exports of ventilation equipment totaled 38 million dollars. This is a considerable drop from 2020. Conversely, the percentage of medical gloves and diagnostic reagent shipments rose. According to the China National Bureau of Statistics, China's medical instruments and equipment exports to other countries were approximately USD 18.13 billion in the previous year, which increased by USD 5.22 billion YoY.
  • The rest of the globe feared being cut off from crucial Chinese supplies in January and February 2020 as the coronavirus swept throughout China at precisely the wrong time. The outbreak led to a substantial increase in demand for these products in China. To treat COVID-19 patients, China built entire hospitals from the ground up. According to the World Health Organization mission to China, clinics in Guangdong Province alone performed 320,000 tests.
  • Fears persisted despite the Chinese government formally disputing media reports in March that it had prohibited the export of medical supplies. In order to allow Chinese enterprises to breach contracts, even those with international suppliers, China had granted a record number of "force majeure" certificates. There has also been an impact of the Russia-Ukraine war on the overall packaging ecosystem.

Asia-Pacific Package Testing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)