Posted 4/15/2024, 9:40:00 AM
Packaging Testing Market Set for Steady Growth to $16.5 Billion by 2030 Driven by Safety Regulations and Rising Packaged Goods Demand
- Global packaging testing market size projected to reach $16.53 billion by 2030, growing at a CAGR of 7.6%
- Market growth driven by regulations for quality/safety and rising demand for packaged goods
- North America expected to hold a dominant position due to key players and strict regulations
- Key players investing in R&D to enhance testing capabilities and expand market presence
- Sustainable packaging solutions presenting lucrative opportunities for specialized testing services