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The global Adhesive Films Market is expected to experience strong growth in the coming years. It is projected to reach US$ 96.6 billion by the year 2030, growing at a CAGR of 4.6%. Adhesive films are versatile and highly effective products that are used in a wide range of applications across a variety of industries. They play an important role in holding different materials together while also providing cushioning, protection, and other desirable properties.

These films are used in radio frequency identification (RFID), LED lighting, aerospace electronics, construction, handheld computing, consumer electronics, and automotive electronics.

These are made up of materials such as polyethene, polyvinyl chloride, polypropylene, polyvinyl acetate, and polyvinyl butyral. Adhesive films are employed in the electronics industry to hold information labels and warning labels. These adhesives are also used as protective insulation wrap. Similarly, packaging industries use these adhesives to increase the safety of packaging material.

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Adhesive films form a permanent structural bond with the attaching surface after undergoing the curative process and offer strong resistance under harsh environments such as high temperatures.

Factors such as stringent government norms to lower carbon emissions by reducing vehicle weight and demand for fuel-effective automobiles drive the growth of the adhesive film market. Furthermore, developments in electrical & electronics, automotive & transportation, packaging, and medical industries also boost the adhesive film market growth.

Moreover, extensive use of adhesive films in the automotive industry for reinforcement plates, door hinge washers, and bracket attachments is another factor that fuels the market growth.

In addition, adhesive films are used for many other purposes such as in LED lighting, solar energy, defence & aerospace, and food & beverages packaging, which serves as a growth factor for the market. However, volatility of raw material prices and environmental regulations related to volatile organic compound emissions from adhesive films restrain the growth of this market.

Leading Companies Profiled in Adhesive Films Market are:

• 3M Company
• BASF SE
• Avery Dennison Corporation
• Klockneer Pentaplast Group
• CCL Industries
• Toray Industries
• Irplast S.p.A.
• Cosmo Films Ltd.
• TEKRA, LLC
• H.B. Fuller Company

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In addition, high manufacturing costs, complexity in production, and product customization further confine the market growth. However, the production of bio-adhesive films is expected to serve as a lucrative opportunity for the market during the forecast period.

The global adhesive film market is segmented ones of film material, technology, end-user industry, and region. Based on film material, it is divided into polypropylene, polyvinyl chloride, polyethene and others. Others include materials such as polyurethane, polyesters, and ethylene-vinyl acetate. The polyvinyl chloride segment was the highest contributor to the market and the polyethene segment is expected to grow with the highest CAGR during the forecast period.

Key Segments Covered In Adhesive Films Industry Research

Adhesive Films Market by Material:

• BOPP
• PVC
• PE
• PA
• Others

Adhesive Films Market by Adhesive Type:

• Acrylic
• Rubber
• Silicone

Adhesive Films Market by Application:

• Labels
• Tapes
• Graphic Films

Adhesive Films Market by End-use:

• Electrical & Electronics
• Building & Construction
• Automotive
• Aerospace
• Logistics
• Others

Adhesive Films Market by Region:

• North America Adhesive Films Market
• Latin America Adhesive Films Market
• Europe Adhesive Films Market
• East Asia Adhesive Films Market
• South Asia Adhesive Films Market
• Oceania Adhesive Films Market
• The Middle East & Africa (MEA) Adhesive Films Market

By technology, the adhesive film market is classified into water-based, solvent-based, hot melt bonding film, pressure-sensitive and others. The other technologies include self-cured, chemical-cured, and heat-cured.

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The global synthetic paper market is expected to go the linear transition way, i.e. reach US$ 1,287.3 Mn by the year 2030 at a CAGR of 3.7% between 2022 and 2030.

Future Market Insights (FMI) in a recent study highlights various advantages of synthetic paper over their pulp-derived counterparts. It forecasts a sales uptick, indicating impressive growth of the synthetic paper market between 2022 and 2030. Until a few years ago, pulp derived paper boasted dominance in the industry. However, the wheels of change are turning faster than expected, catapulting synthetic paper manufacturers to the fore.

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List Of Key Players Covered in Synthetic Paper Market are:

• PPG Industries Inc.
• Seiko Epson Corporation
• Agfa-Gevaert Group
• Yupo Corporation
• Hop Industries Corporation
• Arjobex SAS
• MDV-Papier-und Kunststoffveredelung GmbH
• Cosmo Films Ltd.
• Transilwrap Company Inc.
• Toyobo Co. Ltd.
• American Profol Inc.
• Relyco Sales Inc.
• Neenah Inc.

Synthetic papers are obtained from resin. The process of developing this variety of paper has greatly quickly evolved in the last couple of years. While their composition is more similar to a plastic film, they have feel and appearance similar to a paper.

Various factors are spurring the demand for synthetic fibers. One of foremost importance remains the increasing focus towards environmental sustainability. Consumers nowadays are shunning plastic use for eco-friendlier alternatives. Synthetic papers because recycled thus have found increasing application in the packaging sector.

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A rising number of product manufacturers are shifting their production to suit the evolving consumer taste. Providing recycled packages have become a prominent strategy for luring consumers and businesses are unlikely to let the opportunity slip through their hand. Besides packaging, synthetic papers find increasing applications in various outdoor purposes.

The rising demand witness especially for outdoor applications is aided by remarkable advantages of synthetic paper. They are resistant to water and tear and can endure erratic weather better than traditional paper. These very features are attributable to their increasing use as tags in the medical and pharmaceutical sectors.

In its recent study, FMI offers a comprehensive analysis of the synthetic paper market. It uncovers hidden growth opportunities besides cautioning the market players against potential threats. Some of the prevailing trends highlighted in the report are:

• The unprecedented COVID-19 outbreak will cause stunted growth. Restrictions imposed on travel to contain the virus have caused various supply chain disruptions
• The demand for better quality and inexpensive papers for digital printing will aid the expansion of the market
• Asia Pacific will boast leading market share, backed by rising demand in India and China
• The Middle East and Africa will emerge as a lucrative market especially due to abundant availability of raw materials required for synthetic paper production

“Rising use of tags and labels in packaging will enable growth in the synthetic paper market. Studies suggest that the market will gain significantly from the U.S. FDA approval for the use of RFID tags in pharmaceutical packaging,” said a lead analyst at FMI.

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Who is winning?

The market exhibits prevalence of a high degree of competition. In order to gain edge over rivals market players are focusing on innovative launches. Through this they intend to expand their portfolio.

Get Valuable Insights into Synthetic Paper Market

Future Market Insights executive level blueprint of the synthetic paper market in its report. It offers refined forecasts pertaining to revenue growth witnessed across various segments. Trends impacting the market’s trajectory across these segments are also studied in detail for a period between 2022 and 2030.

The report studies the global synthetic paper market in terms of raw material into BOPP and HDPE. Based on application the market can be segmented into printing, paper bags, and labels. On the basis of end-use industry, the market covers paper, packaging, and others. Regionally, the global submarine cables market can be segmented into North America, Latin America, Europe, Asia Pacific, Oceania, and the Middle East and Africa.

Detailed Table of Content:

• Executive Summary
  • Global Market Outlook
  • Demand-side Trends
  • Supply-side Trends
  • Technology Roadmap Analysis
  • Analysis and Recommendations
• Market Overview
  • Market Coverage / Taxonomy
  • Market Definition / Scope / Limitations
• Market Background
  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunity
    • Trends

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

The market for plastic pails is expected to reach US$ 1,743.1 Mn by 2030, at a projected CAGR of 4.5% from US$ 1,223.6 Mn in 2022. The PE and PP material type segments of the plastic pail market are expected to collectively account for about 72% of market share in 2022, according to a study by Future Market Insights.

The market valuation of these segments is forecast to increase at a CAGR of 4.3% and 4.9%, respectively, during the forecast period of 2022–30. East Asia is predicted to lead the plastic pail market and will account for a sizeable 36% of global sales in 2022.

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“Growth of the global plastic pails market is expected to remain steady across the forecast period, owing to increased production of recycled pails. However, reducing oil prices worldwide are inducing a southward trend in the value of plastics, making companies question the feasibility of recycling. As a consequence, the commitment to sustainability is not being met, impeding growth prospects,” infers a prominent FMI analyst.

Global Plastic Pails Market- Key Trends

• The plastic pails market is increasingly using recyclable materials, parallel to government regulations enforcing sustainability measures. To that end, manufactures such as Mauser Group N.V. have introduced the Twinshot technology which enables manufacturing 100% recyclable plastic pails
• Closed-lid plastic pails are highly suitable for transporting and safe storage of food & beverage items due to their airtight seal ability. Therefore, their usage has augmented in recent years
• The plastic pails market stands to gain a lot from the agriculture sector, attributed to the high demand for chemical fertilizers. The non-corrosive nature of liquid fertilizers makes them highly compatible for storage in plastic pails, boosting their demand
• Rising demand for paints across the construction industry is also expected to fuel plastic pails usage. These are used to transport paints across national and international borders

Global Plastic Pails Market- Region-wise Analysis

• While North America and East Asia jointly capture most of the plastic pails market share, South Asia is expected to generate greater opportunities. An absolute $ opportunity worth US$ 114 Mn has been forecast for the upcoming forecast period, with growth set to accelerate nearly twofold.
• Recycled plastics usage has substantially increased in Australia and Peru, while the European Parliament plans to completely ban single-use plastics by 2021. These developments shall provide major traction to recyclable plastic pails usage in the future.
• Latin America, which currently holds a 4.9% market share, is anticipated to transition from the growth phase to the maturity phase while Europe has generated a stagnated demand.
• Growth prospects have taken a hit due to the COVID-19 pandemic which has resulted in the cessation of major industrial activities requiring plastic pails usage. The North American Market shall be the worst affected, due to the prevalence of the largest number of infections.

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Global Plastic Pails Market- Competitive Landscape

The global plastic pails market is fragmented, characterized by the prevalence of several small-care manufactures. The tier III players account for nearly 4/5th of the overall market share.

• Mauser Group N.V.,
• NCI Packaging,
• Time Technoplast Ltd.,
• Balmer Lawrie & Co., Ltd.,
• M&M Industries Ltd. and
• Great Western Containers Inc.

are some prominent players. To survive in the highly competitive market, vendors are relying on mergers and acquisitions which enhances their core competencies.

Expansion of product portfolios, collaborations with various players and agencies as well as product innovations also constitute important growth strategies. For instance, M&M Industries Ltd manufactures the Superkube K1 and K2 pails. The former is a Life Latch UN solids group II and III usage certified while the latter is lightweight for general use.

Plastic Pails Market by Category

By Product Type:

• Open Top/Head
• Close Top/Head

By Material Type:

• PE
• PP
• PET
• PVC
• Others

By Capacity:

• Up to 3 Liters
• 3 to 5 Liters
• 5 to 10 Liters
• 10 to 20 Liters
• Above 20 Liters

By End Use:

• Paints & Coatings
• Inks, Dyes & Pigments
• Petroleum & Lubricants
• Agrochemicals & Fertilizers
• Food & Beverage Ingredients
• Other Industrial

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

The variable data printing market revenue totaled ~US$ 10.5 Bn in 2021. The variable data printing market is expected to reach ~US$ 31.2 Bn by 2030, growing at a CAGR of 12.9% for 2022 – 30. Variable data printing market currently represents nearly 42% of sales in the total digital printing market.

Barcodes are widely being adopted for invoice generation and tracking huge volume of inventory due to which the demand for variable data printing is increasing.  Also, demand of advertising stickers printing is increasing across various industries for advertising purpose.

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Key Takeaways of Variable Data Printing Market Study

• North America is expected to hold a significant share in the global variable data printing market as adoption of RFID labels and creative labeling increases
• Accelerated adoption of variable data printing in the food & beverage industry will propel growth of variable data printing by 13% during forecast period
• Barcodes and QR code printing is expected to hold a significant share of 36% during forecast period in the global market as digital wallets become the new normal for making payments
• Retail and CPG segment will exhibit a CAGR of 18.5% between 2020 and 2030 in South Asia & Pacific variable data printing market creating potential growth opportunities for vendors

Restaurants Add to Food & Beverages Industry’s Contribution Variable Data Printing as Branding becomes Essential

The food & beverage segment will hold a lion’s share in the market as consumption of processed and packaged food increases amidst the pandemic. Growing demand for ready-to-eat food items, especially in South Asia & Pacific region is expected to boost the demand for variable data printing.

Emerging economies, such as India and ASEAN countries, have been observing a boost in its retail food industry, as well as in the adoption of on-the-go food consumption trends. As takeaways are slated to rise with restaurants discouraging dine-ins to avoid cross-contamination, packaging is expected to play a critical role for restaurants in building brands. Collectively, these factors are expected to help the market proceed at a significant pace during the forecast period.

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2015-2021 Variable Data Printing Demand Outlook Compared to 2022-2030 Forecast

The variable data printing demand is estimated to rise at 12.9% CAGR between 2022 and 2030 in comparison with 10.9% CAGR registered during 2015-2021. The increasing applications from the pharmaceuticals and food and beverages sectors, growing demand to enhance the aesthetic appeal of the product with inventive printing, and strong popularity of improved manufacturing activities across the globe, are some of the major factors which are estimated to increase the market growth.

Key Companies Profiled

• HP Inc.
• Canon, Inc.
• Xerox Corporation
• RR Donnelley & Sons Company
• 3M Company
• Mondi PLC
• Avery Dennison Corporation
• Quad/Graphics, Inc.
• Cenveo, Inc.
• Ws Packaging Group, Inc.

Variable Data Printing Outlook by Category

By Component, Variable Data Printing Demand is segmented as:

• Variable Data Printing (VDP) Machine
• Variable Data Printing (VDP) Software
• Services
  • Personalized Printing Services
  • Support Services

By Application, Variable Data Printing Outlook is segmented as:

• Barcodes/QR Code Labels Printing
• Advertising Stickers Printing
• Plastics Cards/PVC Printing
• Product Labels Printing
• Others

By Industry, Variable Data Printing Outlook is segmented as:

• Retail and CPG
• Pharmaceuticals
• Electronics and Electricals
• Food and Beverages
• Logistics
• Others

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

The global biodegradable disposable tableware market is all set to make greater strides at a CAGR of 6.4% between 2022 and 2030, reaching US$ 18 Bn by the year 2030. The biodegradable disposable tableware market is likely to record 6.5% growth from 2022.

Food service industry would be the key end user contributing to the market share due to convenience and hygiene offered by the biodegradable disposable tableware market.

The growing awareness about benefits of sustainable products has also fuelled the market in recent years. These are manufactured with bio-based plastic, paper and paperboard, and wood, which makes them completely biodegradable.

Growing number of restaurants, cafeterias, and food joints are expected to opt for this kind of tableware as they look for cost-efficient waste management solutions.

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The food and beverage industry prefers disposable packaging to avoid washing trouble and convenience it provides to its users. Furthermore, innovations in the manufacturing of biodegradable tableware such as usage of leaf, bagasse, and starch extracted from various natural raw materials will increase production of the biodegradable disposable tableware market.

Key Takeaways of Biodegradable Disposable Tableware Market Study

Paper & paperboard as a material is poised to account for more than 2/3rd of the biodegradable disposable tableware market by 2030

Bio-based biodegradable plastic segment is gaining significant traction as this plastic is made from renewable resources instead of fossil fuels, reducing carbon footprint. The segment is likely to witness a CAGR of 6.1% during the forecast period

Trays are estimated to account for more than 45% of the market share by value during the forecast period

The foodservice industry is estimated to be the key end user of biodegradable disposable tableware and is poised to account for over 60% of the global biodegradable disposable market by 2030

Asia Pacific is estimated to represent an incremental opportunity of over US$ 5Bn by the end of next five years

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Biodegradable Disposable Tableware Market Landscape

• Huhtamaki Oyj,
• Graphic Packaging International, LLC and
• Dart Container Corporation

are the top players operating in the biodegradable disposable tableware market. Furthermore,

• Vegware Ltd,
• Lollicup USA Inc.,
• Solia, Inc.,
• Hefty,
• Dixie Consumer Products LLC,
• Duni AB,
• Pacovis AG,
• Papstar GmbH,
• Dispo International,
• Genpak LLC,

Natural Tableware and Eco-Products, Inc. are some other prominent players in the biodegradable disposable tableware market.

The tier 3 player’s hold 4/5th market share in the global biodegradable disposable tableware market. In conclusion, key players contribute almost 1/5th of the global market.

Key Segments Covered in Biodegradable Disposable Tableware Industry Research

Biodegradable Disposable Tableware Market by Product

• Plates
• Bowls
• Cups
• Trays
• Cutlery

Biodegradable Disposable Tableware Market by Material

• Pulp & Paper
• Bioplastics

Biodegradable Disposable Tableware Market by Packaging Application

• Food
• Beverages

Biodegradable Disposable Tableware Market by End-use

• Commercial Use
• Institutional Use
• Household Use

Significant Availability of Raw Materials to Boost Production of Biodegradable Disposable Tableware in Asian Economies

In order to promote sustainable production of biodegradable disposable tableware and to gain economies of scale, the production and availability of the raw material is an important aspect. Asian countries account for more than 40% of bio-based materials including sugarcane and bamboo used for manufacturing biodegradable disposable tableware.

Thus, the region is estimated to provide a steady supply of raw material for manufacturing biodegradable disposable tableware market, thereby augmenting the market growth. This is likely to provide a remunerative opportunity to the regional manufacturers to leverage the raw material availability and expand their production capacities.

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

The market for package testing services is anticipated to grow at a CAGR of 12.6% from 2022 to 2029, reaching US$ 33.4 billion. Packaging testing equipment’s uses in the electronics industry are continually expanding. A prominent factor that is expected to boost the growth of the packaging testing equipment market is the fast expanding demand for consumer electronics.

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Packaging Testing Equipment Market Landscape

• Krones AG,
• Coesia Group and
• AMETEK Inc.

are the top players operating in the packaging testing equipment market. Furthermore,

• Marchesini Group,
• Presto Testing Equipment,
• Labthink Instruments Co. Ltd.,
• AZO Holding GmbH,
• Machine Solutions Inc.,
• Qualitest, and
• Rycobel Group

are also the noticeable players in the packaging testing equipment market. The 3-tier players of the market hold 80-90% in the global packaging testing equipment market. Summarizing everything key players will contribute almost 10-20% of the global market.

FMI forecasts that the sales of packaging testing equipment will increase in food and beverages, healthcare, and other sectors. Factors such as demand for sustainability and client specific customization will aid application across diverse industries.

Key Takeaways from Packaging Testing Equipment Market

• By testing type, material/ sample testing segment is ahead and leading the global packaging testing equipment market. The segment is anticipated to account for 44% of the market by the end of forecast period.
• By material, the plastic segment is mostly preferred in the market due to its low cost feature. Demand in the segment is anticipated to increase 1.8 times during next 10 years.
• Among end users, the food and beverages segment will exhibit high demand. Furthermore, healthcare & pharmaceuticals will be the second largest segment, accounting for 22% of the market.
• Asia-Pacific is anticipated to offer impressive opportunities for packaging testing equipment market due to lower tax slabs and ease of doing business opportunities in the region.
• North America and Europe will hold share of almost 44% in the global market by the year 2031.

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 “The demand for packaging testing equipment is rising globally.  Increasing focus on testing services and verification & certification for ensuring the quality of packaging material has created growth opportunities for packaging testing equipment manufacturers ,” says FMI analyst.

What is primarily driving the Packaging Testing Services Market?

“Introduction of New-Fangled Standards to be the Driver”

The major driver to the packaging testing services industry is the introduction of new standards for package authentication. Numerous organizations have established international principles in the last few years that are sure to be trendsetters. These standards aim to have ever-expanding cargo and product safety, and different packaging test methods are defined in this regard.

There is a long list of standards in the packaging testing services market developed by various organizations such as American Society for Testing and Materials (ASTM), International Safe Transit Association (ISTA), International Organization for Standardization (ISO), and others.

Competitive Landscape

The global Packaging testing services market is witnessing an influx of large number of players at the domestic as well as global level. The existing players are also engaging into mergers, acquisitions, partnerships, joint ventures, and new product launches to keep their brand image afloat.

• DDL, in April 2019, did announce rebranding of Cryopak Testing Center (a 6K sq. ft. independent laboratory stationed at Edison, NJ) as DDL testing laboratory that makes way for package testing across distribution simulation, environmental conditioning, thermal performance, strength and integrity testing, and shelf-life testing.

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Key Segments Covered in Packaging Testing Services Industry Research

Packaging Testing Services Market by Testing Type:

• Physical
• Chemical
• Microbiological

Packaging Testing Services Market by Material:

• Plastic
• Paper & Paperboard
• Glass
• Metal
• Others

Packaging Testing Services Market by End-user:

• Food
• Beverages
• Healthcare
• Personal Care & Cosmetics
• Others

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports