Packaging Testing Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Tensile Strength, Compression, and Drop Testing Equipment), By Material (Plastic, Paper, Metal, and Glass), By End-use (Food & Beverage, Pharmaceuticals, Consumer Electronics, Transports & Logistics, and Others (Personal Care Products and Others)), and Regional Forecast, 2021-2028

The global packaging testing equipment market size was USD 3.15 billion in 2020. The market is projected to grow from USD 3.33 billion in 2021 to USD 5.11 billion by 2028 at a CAGR of 6.3% during the 2021-2028 period. The global impact of COVID-19 has been unprecedented and staggering, with witnessing a positive impact on demand across regions amid the pandemic. Based on our analysis, the global market exhibited a lower growth of 5.4% in 2020 as compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.

The packaging testing equipment measures the physical properties of packaging materials (such as plastic, paper, metal, glass, and others) and package tolerance to vibration, friction, and compression. Packaging testing is one of the crucial steps that is processed before the shipment of the product.

Factors, such as the implementation of new standards & regulations, increasing demand for cutting-edge packaging technologies, ever-growing e-commerce industry, and rapid urbanization, are anticipated to boost the global packaging testing market growth. In addition, rising customer spending coupled with augmented consumer electronics demand is propelling the market statistics.

Moreover, leading manufacturers are getting certified from internationally accepted associations such as International Safe Transit Association (ISTA) and others. This, in turn, is boosting the global market growth.

COVID-19 IMPACT

Growing E-commerce Sector and Utilization of Pharmaceuticals Products to Boost Equipment Demand

In March 2020, the World Health Organization (WHO) declared the COVID-19 as a pandemic. In accordance, most countries, such as India, the U.S., Germany, and China, observed unplanned shutdown of the economic activities attributed to lockdown norms, social distancing practices, and pessimistic approach in the market. However, the pandemic has moderately affected the global market outlook.

In addition, the demand and supply were severely affected by the COVID-19 pandemic attributed to disrupted supply-chain activities. The leading companies also experienced drop in their annual revenues that resulted in curtailed utilization of the equipment.

However, the growing demand for fast moving consumer goods, consumer electronics, pharmaceuticals, and other products has boosted the demand for packaging testing equipment. In addition, the supply chain was back on-track after the second half of 2020, which, in turn, bolstered the logistics & transportation activities. The rising e-commerce activities are surging the demand for suitable packaging materials for safe delivery of products.

Therefore, considering the aforesaid factors, the COVID-19 has moderately affected the global market. However, the market is foreseen to witness strong growth during the forecast period.

LATEST TRENDS

Evolution of E-commerce Sector to Lay Foundation for Future Growth

The e-commerce sector is growing rapidly across the globe. E-commerce and retail companies are strengthening their packaging solutions by testing them with technology-advanced equipment. They are highlighting the designing packaging that can handle harsh shipping environments and are fit-for-purpose. As a result, it is laying foundation for packaging testing equipment manufacturers to expand their global presence across the market. In accordance, the market players are focusing on tensile strength and drop test equipment manufacturing as the current period has demanded fast-moving packaged goods. Thus, this equipment is expected to witness rising demand in future.

Additionally, changing consumer preference toward e-commerce is projected to increase the possibility for packaging testing and boost the equipment demand in the forecast period. Moreover, utilization of testing equipment to transport FMCG, consumer electronics, and other goods, owing to the expansion of small and medium enterprises (SMEs) to large-scale industries will bolster the global market growth.

DRIVING FACTORS

Stringent Testing Procedures and Quality Ensuring Regulations for Packaging to Brighten Market Prospects

The governmental bodies across the U.S., Japan, India, Germany, South Korea, and others have implemented strict guidelines where testing is the main procedure. It is thus the quality of packaging that is primarily driving the growth of the global market. The regulation implemented by organizations, such as the U.S. Consumer Product Safety Commission, the Food Sanitation Law, and others, are ensuring quality packaging across pharmaceuticals, food & beverage, and transportation & logistics applications. In addition, packaging testing is identifying opportunities on factors, including savings on packaging costs, scalability & performance of packaging, and others, thereby driving the global market.

RESTRAINING FACTORS

High Equipment Cost to Hamper Market Growth

Leading market participants are emphasizing technology-advancement across the market. With advancements in drop testing, tensile and compression strength equipment, coupled with in-house testing facilities, these participants are efficiently reducing the operation time and ensuring quality packaging of products with reliable and quicker test results.

However, with changing testing regulations & technologies and high cost of testing instruments, medium-scale companies find it difficult to hold their positions in the market, thereby hampering their manufacturing activities. With high instrument cost, the testing cost also increases, which, in turn, hampers the overall global market.

SEGMENTATION

By Type Analysis

Ability to Measure Tearing Resistance and Strength to Depict Highest CAGR for Tensile Strength Testing Equipment Segment

Based on type, the global market is segmented into tensile strength, compression, and drop testing equipment.

Tensile strength testing equipment captures the highest CAGR due to its ability to measure the strength of plastic, paper, board, and other materials. It also measures the tearing resistance that results in higher utilization for packaging testing applications.

Compression and drop testing equipment segments witness steady growth as these tests ensure the products usage as fit-to-purpose and are manufactured with highest quality. In addition, compression testing equipment aids in achieving lean manufacturing goals by reducing the material cost.

By Material Analysis

Extensive Product Offerings by Leading Players to Exhibit Highest CAGR for Paper Segment

Based on material, the market is segmented into plastic, paper, glass, and metal.

Paper segment is anticipated to witness highest CAGR attributed to utilization of tensile, compression test machines, and others for plastic, paper, and other materials. Companies, such as Qualitest International Inc. and others, are offering a range of advanced paper and cardboard testing equipment for packaging, thereby boosting the market growth.

Plastic segment is projected to dominate the global market with maximum market share over the forecast period. It is attributed to continuously changing plastic technologies, including recycling of plastic in packaging end-use across regions. It is promoting environmental protection by sustainable packaging. Whereas, metal and glass segments are witnessing steady growth over the forecast period.

By End-use Analysis

Food Safety Awareness to Depict Highest CAGR for Food & Beverage Segment

On the basis of end-use, the global market is categorized into food & beverage, pharmaceuticals, consumer electronics, transport & logistics, and others, including personal care products and others.

Food & beverage segment is in the best position to lead the global market with the highest CAGR. It is attributed to food safety awareness amongst customers. In addition, government mandates for labelling and packaging are widening the growth opportunities for food packaging testing equipment demand.

Pharmaceuticals segment is anticipated to capture the highest packaging testing equipment market share and grow at the second highest CAGR during the forecast period. It is attributed to the current pandemic situation and escalating health concerns. Whereas, transportation & logistics segment is also witnessing strong growth in the future ahead.

Consumer electronics and others segments are anticipated to witness healthy growth rates, owing to growing concerns regarding the packaging of products and utilization of re-usable plastic packaging.

REGIONAL INSIGHTS

The market is characterized into North America, Europe, Asia Pacific, the Middle East & Africa, and South America and is further divided into countries.

North America captures the highest market share, owing to the presence of leading as well as local players across the U.S. and Canada and awareness of hygienic packaging. The rules and standards stated by the U.S. Food & Drug Administration (FDA) are encouraging the safe beverage and food packaging solution that is eventually resulting in growing demand for testing equipment across the region.

U.S. to Witness Highest CAGR Attributed to Growing Package Testing Demands

The U.S. is one of the technologically developed markets in the packaging testing equipment sector. The demand for sustainable packaging across the retail industry, biopharmaceuticals, generics, transportation, industrial goods, and others is driving the U.S. market growth. In addition, the presence of leading companies and robust demand for effective package testing for longer shelf-life of products are fueling the market growth.

Asia Pacific is estimated to capture highest CAGR during the forecast period. It is attributed to factors, such as rising demand for package testing across food & beverage, consumer electronics, pharmaceuticals, and others industries, along with trade globalization and rapid industrialization across the region. Additionally, availability of raw materials at minimal cost and the presence of several leading companies are complementing the market growth.

Europe is anticipated to witness substantial growth attributed to smooth supply chain. As a result, packaging plays an essential part in protecting the moving products. Utilization of recyclable plastic and glass, paper, & cardboard as a packaging material is also boosting the packaging testing equipment market growth.

Hefty investments across the logistics & transportation industry are generating the need for packaging testing across the Middle East & Africa, whereas South America is growing moderately attributed to importing activities and slow adoption of in-place packaging testing equipment labs.

KEY INDUSTRY PLAYERS

Leading Companies Offer Comprehensive Packaging Testing Equipment to Cater End-users’ Demand

Key players are manufacturing and supplying high-quality testing instruments & equipment across the globe to penetrate into the market. Companies’ services primarily include evaluation, quality determination by providing testing equipment for compression, tensile strength, and others. For instance, Intertek Group plc’s packaging testing equipment includes random vibration, rotary vibration, mechanical shock, incline impact ramp, and free fall drop tester. Additionally, to conduct packaging testing, the company is certified by ‘International Safe Transit Association (ISTA)’. Whereas, Marchesini Group S.p.A. is providing leak testing machines for vials and ampoules.

AMETEK Inc. Focus on the Range of Testing Equipment and Software to Enlarge its Market Reach

AMETEK Inc. is specifically providing wide testing equipment & instruments to authenticate packaging sustainability and integrity for storage, safety, transportation, and consumer protection. In addition, the company is introducing testing software that is ideal for testing across rubber, plastic, and other industries. For instance, in August 2021, Lloyd Instruments, a brand of AMETEK Inc., launched ‘NexygenPlus 4.1’, a materials testing software that offers strong solution for plastic and rubber industries. It offers favorable test results to end-users.

LIST OF KEY COMPANIES PROFILED:

• Krones AG (Germany)


• Presto Group (India)


• Qualitest International Inc. (Canada)


• L.A.B. Equipment Inc. (U.S.)


• Marchesini Group S.p.A. (Italy)


• Coesia S.p.A. (Italy)


• AMETEK Inc. (U.S.)


• FUJI MACHINERY CO., LTD. (Japan)


• PackTest Machines Inc. (India)


• Amade-Tech (China)


• HexaPlast (India)

KEY INDUSTRY DEVELOPMENTS:

• October 2021: PTIUSA launched VeriPac LPX ‘in-line automated package leak detection solutions’ at Interphex. The VeriPac LPX features tailored and dynamic robotic design to fit production requirement.


• November 2020: AMETEK Inc. launched ‘Dansensor Lippke 5000’, an innovative package integrity testing system. It measures burst pressure, package leaks, and seal strength in every packages without or with modified atmosphere.

REPORT COVERAGE

The global market report provides detailed information regarding various insights into the industry. Some of them are market dynamics, competitive landscape, regional industry analysis, and challenges. It further offers an analytical depiction of the market trends and estimations to illustrate the forthcoming investment pockets. The market is quantitatively analyzed from 2021 to 2028 to provide financial competency. The information gathered in the report has been taken from several primary and secondary sources.

Report Scope and Segmentation