Packaging Testing Equipment Market Size, Share, CAGR & Forecast Report for 2033

ByNiranjan karde

The global packaging testing equipment market is on a trajectory of remarkable growth, with a projected value of US$3,905.4 million by 2023, soaring to an impressive US$7,148.5 million by 2033. Future Market Insights’ forecast of a 6.2% compound annual growth rate (CAGR) from 2023 to 2033 underscores the market’s robust potential.

This expansion is fueled by an amalgamation of pivotal factors, prominently the escalating demand for packaged goods across various sectors. As packaged food, beverages, and personal care products gain popularity, manufacturers are compelled to ensure the safety and quality of their offerings. Consequently, the adoption of packaging testing equipment has surged to scrutinize packaging materials for attributes like strength, durability, and other crucial physical properties.

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Moreover, the market’s steady upsurge is anchored in the growing recognition of product safety and quality among consumers. Heightened awareness has driven manufacturers to prioritize rigorous testing and validation of their products. Consequently, packaging testing equipment is pivotal in ensuring products meet stringent safety and quality standards, cultivating consumer trust and brand loyalty.

Additionally, the need to adhere to industry regulations has fortified the demand for advanced testing equipment. As regulations evolve, companies are embracing these solutions to ensure compliance and avert potential legal and reputational risks.

Key Takeaways from the Packaging Testing Equipment Market:

  • According to FMI’s analysis, the United States will hold a 22.6% share of the North American packaging testing equipment industry in 2022. The packaging testing equipment industry in the United States is expected to be worth $847.9 million by 2033.
  • Germany accounted for 3.7% of the global packaging testing equipment industry in 2022. In 2022, the German packaging testing equipment industry is expected to be worth US$138.7 million.
  • The China packaging testing equipment industry is worth US$ 423.6 million in 2022, with a CAGR of 7.16% over the forecast period.
  • The packaging testing equipment industry in India is expected to be worth US$ 336 million in 2022, with a CAGR of 8.78% during the forecast period.
  • Because of its fundamental nature in packaging testing, sample/material testing is widely used in the market, accounting for nearly 45% of the market in 2022.
  • Due to its low cost, plastic is widely used in the packaging industry. In 2022, this segment held 44.6% of the market.

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Packaging Testing Equipment Market by Category

By Testing Type:

  • Sample/ Material Testing
  • Hardness/ Strength Testing
  • Surface Testing
  • Air Properties & Impact Testing
  • Enclosures & Barrier Testing

By Material:

  • Plastic
  • Paper
  • Metal
  • Glass

By Content:

  • Food & Beverages
  • Healthcare & Pharmaceuticals
  • Transportation & Logistics
  • Personal Care Products
  • Consumer Electronics
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • Rest of World