Testing, Inspection, and Certification (TIC) Market is estimated to be valued at USD 247.40 Bn in 2025 and is expected to reach USD 308.43 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 247.40 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
3.20%
2032 Value Projection:
USD 308.43 Bn
Government agencies in different countries have made certification testing and inspection mandatory to ensure items are safe and high-quality. To meet regulatory standards, consumer products must pass quality and safety tests conducted by an independent laboratory. Increasingly strict TIC laws and regulations that manufacturers worldwide must follow to ensure the safety of people and the environment, many manufacturers are using TIC services. The outsourcing of TIC services to external service providers is a long-standing business practice adopted by many manufacturers of products and components to ensure compliance with national and international quality and safety standards, as well as to reduce recovery and restoration costs and production efficiency. Outsourcing enables companies to allocate more resources to strengthening their core business processes, reducing operational costs, and providing faster and better services. Around 59% of companies use outsourcing to reduce their total costs, which allows for greater efficiency in production and processes, which contributes to an improvement in the company's net profit. Another reason for the growth of the TIC industry is the strict TIC requirements by the governments for food and consumer goods.
In addition, the growing sensitivity of various governments to a cleaner environment, rules and regulations, beneficial initiatives, healthcare, and automotive industries, and the rapid adoption of digital technologies are expected to radically transform the testing, inspection, and certification market in the coming years. However, with the globalization of businesses, various local regulations and standards are likely to create barriers to product acceptance on a global scale. It leads to disputes between local and international standards and restricts market growth.
Market Dynamics
Consumer awareness plays a vital role in implementing products' quality and safety through various means, including social media, labeling, and nutritional facts. Modern-day consumers are progressively becoming aware of food-related issues, such as contaminants, allergens, physiological reactions, and effects of processed and stored food. The rising number of health-conscious consumers and increasing awareness about healthy and safe food products fuel the demand for TIC services in the food & beverage industry. Stringent regulations imposed by the government for food quality and safety concerns draw the attention of major players in the TIC market to formulate new and effective food testing and certification standards. Some of the most prominent TIC services offered by major players are food allergen testing, nutrition label testing, ISO 22000 Food Safety Management Certification, BSI Catering Food Safety Certification, Food Contaminant Testing, and Food Microbiology Testing, among others.
Drastically changing food habits, fast lifestyle, and the consistent surge in foodborne diseases have encouraged the government to introduce various regulations on food safety and its quality to reduce the number of deaths and illnesses caused. Organizations have dedicated themselves to implementing safety testing services based on framed government guidelines to address such safety concerns. Increasing standards and regulations on validation and verification services, consumer demand for certification, stringent regulations imposed by the government for food certifications, and extensive industry standards are significantly creating growth opportunities for the TIC market.
Key features of the study
This report provides in-depth analysis of the Global Testing, Inspection, and Certification (TIC) Market, and provides market size (USD Bn) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the Global Testing, Inspection, and Certification (TIC) Market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include SGS Group, Bureau Veritas SA, TUV Rheinland Group, Intertek Group PLC, ALS Limited, DNV GL, MISTRAS, Lloyd's Register Group Limited, Underwriters Laboratories Inc., ABS Group, and ASTM International.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global Testing, Inspection, and Certification (TIC) Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Testing, Inspection, and Certification (TIC) Market.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
Global Testing, Inspection, and Certification (TIC) Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Testing, Inspection, and Certification (TIC) Market.
Market Segmentation
Type Insights (Revenue, USD Bn, 2020 - 2032)
Management Systems Certification
Third-Party Inspection
ASME
Others
Vertical Insights (Revenue, USD Bn, 2020 - 2032)
Oil and Gas
Chemicals
Life Sciences
Power & Utilities
Food, Beverages, and Agriculture
Transportation
Automotive & Aerospace
Consumer Products and Goods
Construction
Metals and Minerals
Industrial Goods
Regional Insights (Revenue, USD Bn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
SGS Group
Bureau Veritas
TUV Rheinland
Intertek Group PLC
ALS
DNV GL
MISTRAS Group
Lloyd's Register Group Limited
Underwriters Laboratories Inc.
ABS Group
ASTM International
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Vertical
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Driver
Increasing trade in counterfeit & defective pharmaceutical products
Restraints
High Operational Costs and Investment in Advanced Equipment
Lack of Skilled Professional in TIC Sector
Opportunity
Growing adoption of AI and ML worldwide
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Testing, Inspection, and Certification (TIC) Market, By Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Management Systems Certification
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Third-Party Inspection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
ASME
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Testing, Inspection, and Certification (TIC) Market, By Vertical, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Oil and Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Chemicals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Life Sciences
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Power & Utilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Food, Beverages, and Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Automotive & Aerospace
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Consumer Products and Goods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Metals and Minerals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Industrial Goods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Testing, Inspection, and Certification (TIC) Market, By Region, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
U.K.
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020-2032, (USD Bn)