Packaging Inspection Systems Market leads to an estimated CAGR of 6.3% by 2032 with rising demand

The global market for packaging inspection systems is predicted to grow at a 6.3% CAGR over the course of the forecast period, reaching a revenue of US$472.4 Mn in 2022 and US$870.25 Mn by 2032.

Manufacturers in the market for packaging inspection systems are watchful for mistakes made throughout the manufacturing process. They make sure that the product and the information are compatible because doing otherwise could have detrimental effects.

Key market players are focused on developing a wide range of products for the pharmaceutical industry, ranging from pin-hole detection systems to complete end-to-track and trace solutions. For instance, the ‘PACKI Track and Trace’ have been installed in over 300 pharma packaging lines worldwide and has been the most widely used serialization system in the pharmaceutical industry.

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For the food and beverage industry, key players are developing vision-based inspection systems that can effectively detect errors on high-speed production lines, which ensure the quality and integrity of the end product. These systems can further carry out the complete product and packaging inspection via seal and cap inspection.

Furthermore, it can inspect the printing on the label via label verification, batch coding verification, barcode verification, etc. Other unique solutions that key manufacturers are offering are the vision measuring system, which is used to check the level of liquid product in a transparent container, as well as the “Glue Line Inspector” that inspects the cold seal on food packaging to avoid contamination of the food content inside the packaging.

The high-demand and fast-moving category are alcoholic drinks, also called liquor. The taxation angle surges governments to focus on monitoring the sales of goods in this category, to ensure that counterfeit items are not sold, which can cause serious harm to people.

Key market players offer end-to-end solutions that help with tracking off products and ensuring verification that genuine products are sold to the end users. Serialization and traceability help monitor activities and products in the alcoholic drinks/liquor industry. Manufacturers generate a unique code for each container which is marked on the cap, which also acts as a seal.

Through the distribution chain and at retail locations, this code can be scanned when packed. Various key players have been successful at providing label applications and a scanning speed of 600 containers per minute.

One of the most sensitive and practical vacuum-based leak detection methods is vacuum decay. This type of test gives a reproducible, reliable, and accurate quantitative result, as well as a pass or fail determination. This non-destructive technology is capable of detecting package leaks, along with invisible defects using absolute pressure or differential pressure transducer leak test system.

Machine-vision-based inspection systems help FMCG manufacturers to optimize production and packaging processes, ensuring high-quality products without sacrificing the speed of production. The packaging inspection systems market share further uses high-tech Cognex cameras, which can be calibrated for container inspection and seal inspection for all kinds of packets and containers.

Packaging Inspection Systems Market Overview

Verifying the quality of the product before dispatching it to the end user is one of the crucial tasks in every industry. For this purpose, every industry uses various techniques and methods for testing the quality of the product such as vision systems, x-ray machines, smart cameras and several other robotic technologies. Similarly, packaging inspection systems are used to check the quality of the packaging as well as the product packed into it.

The quality of the end product maintained by the firm is one of the major factors that define the position of the company among competitors. Various developments in the Packaging Inspection Systems have been introduced by the packaging machinery manufacturers to increase the inspection speed and reduce the response time of the machine.

Six Sigma technology is the term used for the machines that make error in the production with the frequency of only 3.4 defective products in a billion of products. The terms “six sigma technology” greatly impacts the image of the firm as a high-quality manufacturer, and to verify this, highly advanced packaging inspection systems are required. Thus, the market for packaging inspection systems seems to be evergreen.

Packaging Inspection Systems Market Dynamics

The packaging, as well as inspection processes, tend to be highly productive with the reduced interference of the labour and highly automated packaging machinery and packaging inspection systems. This factor has set the trend to inspect each and every product by packaging inspection systems rather than checking anyone random product out of the complete batch by a quality inspector.

Various inspections such as leakage inspection, barcode inspection, inspection for production machines malfunction, colour inspection, seal inspection, metal detectors and much more. Thus, packaging inspection systems are now advanced to inspect the packaging in such ways in which a human is not capable of. Thus, the shift of trend towards automated factories has driven the demand for packaging inspection systems.

With globally increasing competition among various industries in terms of making packaging with high consumer convenience, longer shelf life and enhanced shelf appeal, the end-users are moving towards adopting six sigma technology and thus require highly advanced packaging technology to confirm the quality tag.

Thus, the fact that the manufacturers are competing in terms of enhanced quality of the end product and attain six sigma quality production has driven the packaging inspection systems market.

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Packaging Inspection Systems Market Regional Outlook

The regions with developed countries such as Western Europe and North America, along with Japan has already a huge number of highly automated factories and along with a large number of manufacturing firms which has achieved six sigma quality production.

Thus, the market size of the packaging inspection systems seems to be large in North America, Western Europe, and Japan, while expected to expand at a slower pace. On the other hand, APEJ is the region with very large and rapidly growing packaging demand along with production output and GDP.

Thus, the packaging inspection systems market size seems to be significantly large in the region while a large number of local and low production output firms which prefer to employ an engineer for inspection purpose has restrained the market in the region.

Packaging Inspection Systems Market Key Players

Some of the key players of the packaging inspection systems market are

• PTI Packaging Technologies and Inspection
• Propix Technology Solutions
• Epic Machine Vision Systems
• PennWell Corporation
• Complete Inspection Systems, Inc.
• Nireco Corporation
• Eagle PI
• ACG Inspection
• ULMA Packaging, S.Coop.
• VAIA Technologies
• Sacmi Group

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Packaging Inspection Systems Market Segmentation

The packaging inspection systems market can be segmented on the basis of packaging as

• Bottles & Cans
• Cups & trays
• Cartons
• Bags & pouches
• Blisters
• Others

The packaging inspection systems market can be segmented on the basis of end-use industry as

• Food
• Beverage
• Pharmaceutical
• Chemical
• Homecare
• Personal care
• Industrial products

The packaging inspection systems market can be segmented on the basis of geographical regions as

• North America
• Latin America
• Western Europe
• Eastern Europe
• Middle East & Africa (MEA)
• Asia Pacific excluding Japan (APEJ)
• Japan