Global Pre-Shipment Inspection Market to Reach $22.1 Billion by 2030
The global market for Pre-Shipment Inspection estimated at US$15.6 Billion in the year 2023, is expected to reach US$22.1 Billion by 2030, growing at a CAGR of 5.1% over the period 2023-2030. In-House Pre-Shipment Inspection, one of the segments analyzed in the report, is expected to record 4.8% CAGR and reach US$14.6 Billion by the end of the analysis period. Growth in the Outsourced Pre-Shipment Inspection segment is estimated at 5.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 8.1% CAGR
The Pre-Shipment Inspection market in the U.S. is estimated at US$4.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
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