Global Packaging Testing Market Report 2020: Market to Surpass $20 Billion by 2027 - U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 10.8% CAGR - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Packaging Testing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Packaging Testing Market to Reach $21.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Packaging Testing estimated at US$10.1 Billion in the year 2020, is projected to reach a revised size of US$21.3 Billion by 2027, growing at a CAGR of 11.2% over the analysis period 2020-2027.

Physical, one of the segments analyzed in the report, is projected to record a 10.9% CAGR and reach US$9.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Chemical segment is readjusted to a revised 9.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 10.8% CAGR

The Packaging Testing market in the U.S. is estimated at US$3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 10.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10% and 9.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.

Microbiological Segment to Record 13.8% CAGR

In the global Microbiological segment, USA, Canada, Japan, China and Europe will drive the 13.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$4.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• ALS Ltd.
• Bureau Veritas SA
• Campden BRI
• Emsl Analytical, Inc.
• Eurofins Scientific SE
• Intertek Group PLC
• Merieux NutriSciences Corporation
• Microbac Laboratories, Inc.
• Omic USA Inc.
• SGS SA
• Tuv Sud AG

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Packaging Testing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• Physical (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
• Chemical (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
• Microbiological (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
• Glass (Material) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
• Plastic (Material) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
• Paper & Paperboard (Material) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027
• Metals (Material) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
• Food & Beverage (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
• Agrochemicals (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
• Pharmaceuticals (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
• Personal Care (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/gzwzc0