APPARELS, FOOTWEAR & LEATHER GOODS (AFL) TESTING, INSPECTION & CERTIFICATION (TIC) MARKET ANALYSIS (2019-2027)
Apparels, footwear, and leather goods (AFL) testing, inspection, and certification (TIC) market study analyzes testing services such as physical testing, chemical testing, colorfastness testing, and other testing services; third-party audits and inspection services, and certification services. Increasing disposable income and rapid urbanization in emerging economies is propelling growth of the testing inspection and certification (TIC) market in the apparel, footwear, and leather goods industry.
Market Drivers: Increasing Disposable Income and Rapid Urbanization in Emerging Economies
Increasing disposable income and rapid urbanization in emerging economies such as India and China is propelling growth of the apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) market.
Development of various sectors including textile, footwear, and others in emerging economies has resulted in a rapidly growing disposable income. For instance, according to World Bank Group, India’s gross per capita income grew to US$ 2,020 thousand in 2018 from US$ 1,830 thousand in 2017. Testing, inspection, and certification services play an important role in product quality improvement in the aforementioned sectors. Increasing disposable income leads to higher demand for products, thereby increasing goods manufacturing and consequently driving demand for testing, inspection, and certification services.
Key features of the study:
- This report provides in-depth analysis of the apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) market size (US$ Mn), and compound annual growth rate (CAGR%) for the forecast period (2019-2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
- It profiles leading players in the global apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies, and future plans
- Companies covered as part of this study include Intertek Group plc., Bureau Veritas SA, TUV Rheinland Group, SGS S.A., Underwriters Laboratories Inc., TÜV SÜD, CTC Groupe, Eurofins Scientific, QIMA, and Hohenstein
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) market report caters to various stakeholders in the industry, including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) market
Detailed Segmentation:
- Global Apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) Market, By Service Type:
- Global Apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) Market, By Industry:
- Global Apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) Market, By Region:
- Company Profiles-Consultancy Companies
- Testing Services
- Third Party Audits and Inspection Services
- Certification Services
- Chemical Testing
- Physical Testing
- Colorfastness Testing
- Others
- Footwear
- Apparels
- Leather Goods
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- By Service Type:
- By Industry:
- By Country:
- Testing Services
- Third Party Audits and Inspection Services
- Certification Services
- Chemical Testing
- Physical Testing
- Colorfastness Testing
- Others
- Footwear
- Apparels
- Leather Goods
- U.S.
- Canada
- By Service Type:
- By Industry:
- By Country:
- Testing Services
- Third Party Audits and Inspection Services
- Certification Services
- Chemical Testing
- Physical Testing
- Colorfastness Testing
- Others
- Footwear
- Apparels
- Leather Goods
- Germany
- U.K.
- France
- Spain
- Italy
- Rest of Europe
- By Service Type:
- By Industry:
- By Country:
- Testing Services
- Third Party Audits and Inspection Services
- Certification Services
- Chemical Testing
- Physical Testing
- Colorfastness Testing
- Others
- Footwear
- Apparels
- Leather Goods
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- By Service Type:
- By Industry:
- By Country:
- Testing Services
- Third Party Audits and Inspection Services
- Certification Services
- Chemical Testing
- Physical Testing
- Colorfastness Testing
- Others
- Footwear
- Apparels
- Leather Goods
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Service Type:
- By Industry:
- By Country:
- Testing Services
- Third Party Audits and Inspection Services
- Certification Services
- Chemical Testing
- Physical Testing
- Colorfastness Testing
- Others
- Footwear
- Apparels
- Leather Goods
- GCC Country
- South Africa
- Rest of the Middle East and Africa
- Intertek Group plc.*
- Bureau Veritas SA
- TUV Rheinland Group
- SGS S.A.
- Underwriters Laboratories Inc.
- TÜV SÜD
- CTC Groupe
- Eurofins Scientific
- QIMA
- Hohenstein
- Company Highlights
- Key Developments
- Product Portfolio
- Market Presence
- Strategic Presence
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