Environment Testing, Inspection, and Certification Market is anticipated to touch a value of nearly US$ 33,237.9 Million in the year 2032

According to Future Market Insights, the global environment testing, inspection, and certification market is expected to represent a value of over US$ 23,000 Million by the end of 2026.

Future Market Insights states that the global market environment testing, inspection, and certification is projected to reflect a healthy CAGR over the forecast period, 2017 to 2026.

The growth of the global environment testing, inspection, and certification market is mainly secured by various macro-economic and micro-economic factors. With the growing need to deliver product observation with the stringent standards and regulations set up by the government, demand for environmental testing, inspection and certification services continues to rev up in the global market.

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Moreover, the surge in consumption of various goods particularly in the developing countries has further contributed to the global market growth of environment testing, inspection, and certification.

Growing need to ensure compliance with the product quality and safety has led to an upsurge in demand for environment inspection, testing, and certification services. In addition, rising instances of counterfeiting and piracy activities are projected to impact the global market growth of environment testing, inspection, and certification positively.

Leading companies in the global market are focusing on outsourcing services for testing, certification and inspection of the product. With the increasing imposition of the stringent regulations by the government, conducting internal tests continues to remain comparatively costly.

Services for inspection, testing, and certification services continue to witness a surge in demand among third-party retailers for various applications inclusive of consumer goods and manufacturing.

Agriculture Industry to Represent a Leading Segment

Growing need to ensure safety and premium quality of the products has led the manufacturers to opt for testing products globally. On the basis of product type, the testing segment is expected to represent the highest revenue share, accounting for a value of over US$ 1,000 Million by the end of 2017. The certification product type segment is expected to witness a robust CAGR in the global market throughout the forecast period.

Based on end user, the agriculture industry segment is expected to generate significant revenues, recording a value of over US$ 1,000 Million by the end of 2026. In contrary to this, the industrial product manufacturer product type segment is expected to register the highest CAGR during the forecast period.

By sample type, the water testing segment is expected to witness robust revenue growth, representing a value of over US$ 600 Mn by the end of 2017. However, the waste testing sample type segment is expected to witness a healthy CAGR through 2026.

Based on the test type, the toxins segment is expected to generate significant revenues, recording a value of over US$ 800 Mn by the end of 2026. On the other hand, the physical properties test type segment is expected to register an impressive CAGR during the forecast period.

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Sales through Testing Products Remain High

By test type, the toxins segment is projected to generate significant revenues, representing for more than US$ 800 Mn by 2026-end. In contrary to this, the physical properties test type segment is projected to reflect a healthy CAGR in the global market through 2026. During the forecast period, the water testing sample type segment is projected to represent the highest revenue growth, recording more than US$ 600 Mn by 2017-end. In contrast, the waste testing sample type segment is projected to reflect a strong CAGR throughout the forecast period.

The growing need for premium quality and safe products has led to an upsurge in demand for testing the products among organizations and manufacturers globally. Based on product type, the testing segment is projected to witness significant revenue growth, representing more than US$ 1,000 Mn by 2017-end. In contrast, the certification product type segment is projected to register a robust CAGR throughout 2026. On the basis of end-user, the agriculture industry segment is projected to represent the highest revenue growth, accounting for more than US$ 1,000 Mn by 2026-end. However, the industrial product manufacturer product type segment is projected to reflect a healthy CAGR over the forecast period.

Market Players

Major players operating in the global market of environment testing, inspection, and certification market are

Intertek Group, SGS SA, Yara International ASA, Bureau Veritas, Assure Quality, ALS Ltd, SCS Global, Exova Group, APAL Agriculture, RJ Hills Laboratories, Eurofins Scientific, TUV Nord AG, Danaher, GE Healthcare and Life sciences, SAI Global Limited, Agrolab Group, HRL Holdings Ltd, Cawood Scientific, SESL Australia and EnviroLab.

Key Segments Covered in Environment Testing, Inspection, and Certification Market AnalysisBy Product Type :

  • Testing
  • Inspection
  • Certification

By End User:

  • Agriculture Industry
  • Construction Industry
  • Government Institutes and R&D laboratories
  • Industrial Product Manufacturers
  • Other End Users

By Sample Type:

  • Water Testing
  • Air Testing
  • Soil Testing
  • Building Materials
  • Waste Testing
  • Fuel/Oil Testing

By Test Type:

  • Toxins
  • Chemicals
  • Pathogens
  • Physical Properties
  • Metal
  • Organic Matter
  • Nutrients/Elements/Minerals
  • Inorganics
  • pH Test
  • Other Types

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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