Latin America Package Testing Market - By Primary Packaging Material, Packaging Services, Countries And Vendors - Forecasts, Trends And Shares (2016 - 2021)

  • ID: 2987407
  • Report
  • Region: America, America (exc North), Latin America
  • 88 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Advance Packaging
  • Caskadetek
  • CRYOPAK
  • DDL, Inc.
  • Intertek
  • Nefab
  • MORE
The economy of Latin America is expected to grow from 2.9% in 2014 to 3.5% in 2015 and 3.7% in 2016. The steady growth in this region for some years and economic policies has improved the lives of millions. The poverty rate has also declined from 42% in 2000 to 25% in 2012 and the middle class has increased from 22% to 34% in the same time. The FDI in this region received $173.36 billion in 2012 which is 6.7% more than 2011. This accounts for 12% of the global flows.

This increase in middle class population and the growth in the economy mean higher income for the people and also increase in urbanization. This increase in the retail market compounded with the growth of the economy of this region, the packaging market will grow rapidly. The regional demand and the export market have a high demand for packaging. With this high increase and demand for packaging in the area, the package testing market will also grow at a rapid pace to keep the international standards in packaging.

Consumers are now more informative than before. They are now demanding products which have better shelf life, meets regulations and norms set by different government agencies and have been procured ethically. Packaging and labelling helps increases consumer’s confidence in the product and increases the brand value of the company.

A business is no more entirely dependent on a country or a region. Deals are being signed across the continents and products are being sold in different regions. For such products to be transported and meet the requirements for sales, it is necessary packaging is robust and follows certain parameters set by different agencies. Package Testing companies test different packaging products by doing several tests on products like drop test, shock test, vibration test, shelf life testing to name a few. Only when a package passes through these tests, it is allowed to be shipped or used for commercial use.

The major problem with this market is the striking socioeconomic differences. The regions close to the urban areas have high GDP per capita which is very much different from the other regions. Also Brazil, Mexico and Argentina are the major driving force of the region and the other countries are still not the major drivers in terms of economy and FDI. With this region getting a lot of investment and support from countries like USA the economic situation will improve and create more economic hubs across the region.

The market for package testing is still in growth stage. Though companies have their own testing labs, there are enterprises which provide package testing services. Some of the major companies in package testing are DDL, Intertek, SGS, CSZ Testing Services Laboratories, CRYOPAK, Advance Packaging, Nefab, National Technical Systems, Turner Packaging and Caskadetek.

Reasons to buy this report

1) Report gives complete market insights, the driving forces of the market, the challenges market faces, and overview of different packaging testing technologies and their applications

2) It gives market trends of type of package testing technology

3) A complete market breakdown has been done by different countries to give a detailed picture of the market in that particular region

4) The report also gives information of major enterprises providing package testing services, their existing share in the market, strategies they adopt along with the major testing services, financials, recent developments and profile of these vendors.

Who should be interested in this report?

1) Vendors who are into testing of different packaging products as they can get an overview of what competitors are doing and also which markets they can look forward to expand their operations

2) Manufactures in need of better understanding of different testing methods and companies which are providing such services

3) Investors who are willing to invest in this market

4) Consultants who can have readymade analysis to guide their clients

5) Anyone who wants to know about this industry
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Advance Packaging
  • Caskadetek
  • CRYOPAK
  • DDL, Inc.
  • Intertek
  • Nefab
  • MORE
1. Introduction
1.1 Key Findings
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Market Overview
3.2 Factors Driving the Market
3.2.1 Rigorous Control Regulations and Administration and Qualification Demands
3.2.2 Demand for Longer Shelf Life of the products under varying conditions
3.3 Factors Restraining the Market
3.3.1 High Costs associated with Package Testing
3.4 Industry Value Chain Analysis
3.5 Industry Attractiveness – Porter’s Five Forces
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Consumers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products or Services
3.5.5 Competitive Rivalry among Existing Competitors
3.6 Industry Policies
3.6.1 ASTM Standards
3.6.2 ISO Standards
3.6.3 ISTA Standards
4. Technology Overview
4.1 Technology Snapshot
4.2 Industry Applications
4.3 Types of Package Testing Services
4.3.1 Package Integrity Testing
4.3.2 Package Strength Testing
4.3.3 Package Shelf Life Studies
4.3.4 Package Validation
4.4 Types of Package Testing
4.4.1 Drop Tests
4.4.2 Vibration Tests
4.4.3 Shock Tests
4.4.4 Temperature Testing
4.4.5 Atmospheric Pressure Testing
4.4.6 Shelf Life Testing
4.4.7 Compression Testing
4.4.8 Others
5. Latin America Package Testing Market by Primary Materials
5.1 Glass
5.1.1 Overview
5.1.2 Market Size and Forecast Analysis
5.2 Paper
5.2.1 Overview
5.2.2 Market Size and Forecast Analysis
5.3 Metal
5.3.1 Overview
5.3.2 Market Size and Forecast Analysis
5.4 Plastics
5.4.1 Overview
5.4.2 Market Size and Forecast Analysis
6. Latin America Package Testing Market by Type
6.1 Drop Tests
6.1.1 Market Size and Forecast Analysis
6.1.2 Analyst View
6.2 Vibration Tests
6.2.1 Market Size and Forecast Analysis
6.2.2 Analyst View
6.3 Shock Tests
6.3.1 Market Size and Forecast Analysis
6.3.2 Analyst View
6.4 Temperature Testing
6.4.1 Market Size and Forecast Analysis
6.4.2 Analyst View
6.5 Atmospheric Pressure Testing
6.5.1 Market Size and Forecast Analysis
6.5.2 Analyst View
6.6 Shelf Life Testing
6.6.1 Market Size and Forecast Analysis
6.6.2 Analyst View
6.7 Compression Testing
6.7.1 Market Size and Forecast Analysis
6.7.2 Analyst View
6.8 Others
6.8.1 Market Size and Forecast Analysis
6.8.2 Analyst View
7. Latin America Package Testing Market Segmentation by Country
7.1 Latin America
7.1.1 Market Shares and Trends
7.1.2 Analyst View
8. Vendor Market Share Analysis
9. Company Profiles
9.1 DDL, Inc.
9.1.1 Overview
9.1.2 Major Packaging Services
9.1.3 Financials
9.1.4 Recent Developments
9.2 Intertek
9.2.1 Overview
9.2.2 Major Packaging Services
9.2.3 Financials
9.2.4 Recent Developments
9.3 SGS
9.3.1 Overview
9.3.2 Major Packaging Services
9.3.3 Financials
9.3.4 Recent Developments
9.4 CSZ Testing Services Laboratories
9.4.1 Overview
9.4.2 Major Packaging Services
9.4.3 Financials
9.4.4 Recent Developments
9.5 CRYOPAK
9.5.1 Overview
9.5.2 Major Packaging Services
9.5.3 Financials
9.5.4 Recent Developments
9.6 Advance Packaging
9.6.1 Overview
9.6.2 Major Packaging Services
9.6.3 Financials
9.6.4 Recent Developments
9.7 Nefab
9.7.1 Overview
9.7.2 Major Packaging Services
9.7.3 Financials
9.7.4 Recent Developments
9.8 National Technical Systems
9.8.1 Overview
9.8.2 Major Packaging Services
9.8.3 Financials
9.8.4 Recent Developments
9.9 Turner Packaging
9.9.1 Overview
9.9.2 Major Packaging Services
9.9.3 Financials
9.9.4 Recent Developments
9.10 Caskadetek
9.10.1 Overview
9.10.2 Major Packaging Services
9.10.3 Financials
9.10.4 Recent Developments
10. Future of Latin America Package Testing Market

List of Figures
List of Tables
Abbreviations
Works Cited
Disclaimer
Note: Product cover images may vary from those shown
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- Advance Packaging
- CRYOPAK
- CSZ Testing Services Laboratories
- Caskadetek
- DDL, Inc.
- Intertek
- National Technical Systems
- Nefab
- SGS
- Turner Packaging
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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