There have been changes in the packaging market in Europe in the last few years. This has been caused by more retail companies increasing their product lines. Due to larger vertical integration, the retailers have enjoyed more efficient distribution and logistics. This enables the active and intelligent packaging market to grow at a steady pace to help the retail industry in the region.
The Europe package testing market is estimated to grow from USD 3.06 billion in 2016 to USD 7.25 billion by the end of 2021 at a CAGR of 15.47%. This growth is attributed to the overall growth in the packaging market in Europe.
Due to this growth in the packaging market, the packet testing market will also grow. All types of packaging need to be tested to ensure that the package remains safe during the transportation. The packaging testing market will ensure that the packaging is up to the international standards.
Packaging is bound by regulations and standards defined by authorities like American Society for Testing and Materials (ASTM) and International Safe Transit Association (ISTA). With the evolving nature of the packaging industry, these regulations are also becoming more stringent. The advent of globalization has necessitated the transport of goods around the world; this has made the assurance of shelf life and integrity of the package significant.
Recycling is a prime concern for packaging companies as they strive to reduce their carbon footprint and help the environment by reducing emissions. Such packages need more rigorous tests as the product integrity cannot be compromised even when it is packed in recycled material.
The major tests include drop test, shock test, vibration test, shelf life test and compression test. The report provides a comprehensive analysis of the market segmented on the basis of packaging material used and the end user industry. Detailed estimates for the next five years are included along with the analysis of the major players and their strategies.
Some of the major companies in package testing are DDL, Intertek, SGS, CSZ Testing Services Laboratories, CRYOPAK, Advance Packaging, Nefab, National Technical Systems, Turner Packaging and Caskadetek.
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