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World Textile Testing, Inspection and Certification (TIC) Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773090
Textile testing, inspection and certification (TIC) is conducted to ensure quality & safety of textiles. The compliance to national & international standards of performance is compulsory for textiles. Textile testing is used to assess raw materials, monitor production, and test the final product. Textile inspection is used to check labeling & packaging, examine the raw materials used, and inspect partially finished materials. Certifications for textiles are provided to confirm that manufacturers followed the standards of quality, safety, and performance norms during the production of products.

Introduction of new regulations and standards in the textile sector and increase in global trade of textiles are factors propelling the growth of the market. However, varying regulations and standards in the importing nations is a major factor obstructing the growth of the market. On the other hand, technological innovations in textile sector create significant opportunities in the market.

The world textile testing, inspection, and certification market is segmented based on applications and geography. Applications discussed in the report are textile testing, textile inspection, textile certification, and toys. Geographically, the market is divided into North America, Asia-Pacific, Europe, and Latin America, Middle East and Africa (LAMEA).

The prominent companies operating in the market are SGS Group, Bureau Veritas Group, Intertek Group PLC, TV SUD Group, BSI Group, Sai Global Ltd., Eurofins Scientific, Asiainspection, Hohenstein, and Testex AG. Agreements, collaborations, approvals, mergers & acquisitions, partnerships, joint ventures, expansions, and others are some of the key strategies adopted by these companies to strengthen their position in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers a detailed analysis of key driving and restraining factors of the world textile testing, inspection, and certification market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015-2020, which assists in identifying the prevailing market opportunities.
An exhaustive analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
The report provides an extensive analysis of current and future market status of the world textile testing, inspection, and certification market.
Comprehensive analysis has been done in this report by constructing market estimations for the key market segments between 2015 and 2020.
An extensive analysis of current research and clinical developments withinthe world textile testing, inspection, and certification market is provided with key market dynamic factors that help in understanding the behavior of the market.
The world textile testing, inspection, and certification market is segmented into North America, Asia-Pacific, Europe, and Latin America, Middle East and Africa (LAMEA).

TEXTILE, TESTING, INSPECTION AND CERTIFICATION MARKET MARKET KEY SEGMENTS:

The Textile Testing, Inspection, And Certification Market By Application

Textile Testing
Textile Inspection
Textile Certification
Toys

The Textile Testing, Inspection, And Certification Market By Geography

North America
Asia-Pacific
Europe
Latin America, Middle East and Africa (LAMEA)

KEY MARKET PLAYERS:

SGS Group
Bureau Veritas Group
Intertek Group PLC
TV SUD Group
BSI Group
Sai Global Ltd.
Eurofins Scientific
Asiainspection
Hohenstein
Testex AG.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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