According to Future Market Insight, the global textile testing, inspection, and certification (TIC) market is projected to reach USD 14.9 billion by 2033, registering a CAGR of 6.6%. This is a considerable increase from its present value of USD 7.9 billion in 2023.
The increasing demand for high-quality and safe textiles across various industries such as apparel, home furnishings, automotive, and healthcare drives the market. Manufacturers recognize the importance of TIC services in gaining a competitive advantage, building trust with consumers, and meeting regulatory requirements. As a result, the market continues to grow, offering opportunities for specialized TIC companies to provide their expertise and support to the industry.
Outsourcing TIC services has resulted in a decreased financial burden for textile manufacturers, which in turn contributes to market revenue growth. The benefits of outsourcing are manifold, including cost savings, improved efficiency, and a stronger competitive edge.
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The textile industry operates in a globalized supply chain, with materials sourced, manufactured, and distributed across various countries. This complexity creates challenges in ensuring consistent quality and compliance with regulations. TIC services help to mitigate risks and ensure compliance throughout the global supply chain.
The textile TIC market growth is also driven by the implementation of new regulations and standards in the textile industry, as well as the expansion of the global textile trade. However, diverse regulations and standards across importing nations hinder the market’s progress. Conversely, the market presents significant opportunities due to technological advancements in the textile sector.
Eco-textile testing has emerged as a recent market trend, driven by the growing popularity of green consumerism. Textile companies are now actively participating in this trend. Key customers in Europe and North America impose relevant requirements and scrutinize their textile products from an ecological standpoint.
The emergence of smart textiles, integrating electronic components and connectivity features, presents a new frontier for TIC services. Testing and certification of smart textile products are likely to be in demand as these technologies continue to evolve.
Key Takeaways from the Textile Testing, Inspection, and Certification Market
- The textile testing, inspection, and certification industry in the United States is predicted to reach USD 4.7 billion by 2033
- The textile testing, inspection, and certification industry in the United Kingdom is estimated to expand at a CAGR of 5.7% between 2023 and 2033
- During the forecast period, the textile testing, inspection, and certification industry in China is expected to reach a market valuation of USD 1.3 billion
- The textile testing, inspection, and certification industry in Japan is predicted to boom at a 6.0% CAGR through 2033
- South Korea’s textile testing, inspection, and certification industry is predicted to achieve a market revenue of USD 599.1 million by 2033
- With a CAGR of 6.3%, the textile testing segment is expected to dominate the textile testing, inspection, and certification industry until 2033
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Competitive Background of the Textile Testing, Inspection, and Certification Market
The key players in the textile TIC industry employ various strategies to stay competitive and meet the evolving needs of the industry. Their strategy revolves around providing comprehensive and reliable testing, inspection, and certification services across the textile supply chain.
They also expand their presence in key markets and regions worldwide. Several players aim to differentiate themselves by providing end-to-end textile TIC solutions. Few players also focus on specialization and niche segments within the market.
Key Players
- Asian Inspection
- BSI Group
- Bureau Veritas Group
- Centre Testing International Group Co., Ltd.
- Hohenstein
- Intertek Group Plc
- SAI Global Ltd.
- SGS Group
- Testex AG
- Eurofins Scientific
- TÜV SÜD Group
Recent Developments by Key Market Players
- In September 2022, SGS S.A., a leading provider of inspection, testing, and certification services, finalized the acquisition of Penumbra Security, Inc. This acquisition is a strategic move that strengthens SGS’s cybersecurity portfolio and expands its presence in the United States. Penumbra Security, Inc. is highly esteemed for its expertise in information security conformance testing and regulatory compliance services.
- SGS announced on April 20, 2021, the expansion of its Softlines laboratory presence in the eastern region of India. The expansion is aimed at improving SGS’s testing capabilities in the area. To achieve this, SGS launched a cutting-edge testing facility in Kolkata, West Bengal. The laboratory is equipped with advanced tools and technology, enabling it to conduct quality testing for various items, including fabrics, apparel, jute bags, High-Density Polyethylene (HDPE) bags, knitted fabrics, and Polypropylene (PP) bags.
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Textile Testing, Inspection, and Certification Market Segmentation
By Textile Application:
- Textile Testing
- Chemical Testing – Harmful Substances
- Color Fastness Test Parameters
- Physical Test Parameters
- Others
- Textile Inspection
- Textile Certification
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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