Apparels, Footwear, and Leather Goods (AFL) Testing, Inspection, and Certification (TIC) Market Report, By Service Type (Testing Services (Chemical Testing, Physical Testing, Colorfastness Testing, and Others), Third Party Audits and Inspection Services, and Certification Services), By Industry (Footwear, Apparel, and Leather Goods), and By Region (North America, Europe, Asia Pacific, Latin America, the Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
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 2021 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 (2022-2028), considering 2021 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:
Testing Services
Chemical Testing
Physical Testing
Colorfastness Testing
Others
Third Party Audits and Inspection Services
Certification Services
Global Apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) Market, By Industry:
Footwear
Apparels
Leather Goods
Global Apparel, footwear, and leather goods (AFL) testing inspection, and certification (TIC) Market, By Region:
North America
By Service Type:
Testing Services
Chemical Testing
Physical Testing
Colorfastness Testing
Others
Third Party Audits and Inspection Services
Certification Services
By Industry:
Footwear
Apparels
Leather Goods
By Country:
U.S.
Canada
Europe
By Service Type:
Testing Services
Chemical Testing
Physical Testing
Colorfastness Testing
Others
Third Party Audits and Inspection Services
Certification Services
By Industry:
Footwear
Apparels
Leather Goods
By Country:
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia Pacific
By Service Type:
Testing Services
Chemical Testing
Physical Testing
Colorfastness Testing
Others
Third Party Audits and Inspection Services
Certification Services
By Industry:
Footwear
Apparels
Leather Goods
By Country:
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Service Type:
Testing Services
Chemical Testing
Physical Testing
Colorfastness Testing
Others
Third Party Audits and Inspection Services
Certification Services
By Industry:
Footwear
Apparels
Leather Goods
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Service Type:
Testing Services
Chemical Testing
Physical Testing
Colorfastness Testing
Others
Third Party Audits and Inspection Services
Certification Services
By Industry:
Footwear
Apparels
Leather Goods
By Country:
GCC Country
South Africa
Rest of the Middle East and Africa
Company Profiles-Consultancy Companies
Intertek Group plc.*
Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence
Bureau Veritas SA
TUV Rheinland Group
SGS S.A.
Underwriters Laboratories Inc.
TÜV SÜD
CTC Groupe
Eurofins Scientific
QIMA
Hohenstein
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