Global Toy Testing and Certification Supply, Demand and Key Producers, 2023-2029
The global Toy Testing and Certification market size is expected to reach $ 4420.9 million by 2029, rising at a market growth of 5.9% CAGR during the forecast period (2023-2029).
The toy testing and certification market is expected to grow significantly in the coming years, driven by a number of factors, including:
Increasing demand for safe toys: Parents are becoming more aware of the importance of toy safety, and they are demanding toys that have been tested and certified to meet safety standards.
Growing popularity of online toy purchases: Online toy purchases are becoming increasingly popular, and this is driving the need for toy testing and certification. Online retailers need to be sure that the toys they are selling are safe, and they can achieve this by requiring their suppliers to have their toys tested and certified.
Expanding toy markets: The toy market is expanding in developing countries, such as China and India. This is driving the need for toy testing and certification services in these countries.
Stringent government regulations: Governments around the world are implementing increasingly stringent toy safety regulations. This is driving the need for toy manufacturers to have their toys tested and certified to ensure compliance with these regulations.
The Asia Pacific region is expected to be the largest market for toy testing and certification services, followed by North America and Europe. The growth of the market in the Asia Pacific region is being driven by the increasing demand for safe toys in countries such as China and India.
Overall, the toy testing and certification market is expected to grow significantly in the coming years, driven by increasing demand for safe toys, growing popularity of online toy purchases, expanding toy markets, and stringent government regulations.
Toy testing and certification is the process of ensuring that toys meet safety standards and are appropriate for the age group they are intended for. Toy testing is typically conducted by independent laboratories, while toy certification is typically granted by government agencies or accredited third-party organizations.
This report studies the global Toy Testing and Certification demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Toy Testing and Certification, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Toy Testing and Certification that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Toy Testing and Certification total market, 2018-2029, (USD Million)
Global Toy Testing and Certification total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Toy Testing and Certification total market, key domestic companies and share, (USD Million)
Global Toy Testing and Certification revenue by player and market share 2018-2023, (USD Million)
Global Toy Testing and Certification total market by Type, CAGR, 2018-2029, (USD Million)
Global Toy Testing and Certification total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global Toy Testing and Certification market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SGS, Eurofins, Intertek, TÜV Rheinland, Bureau Veritas, SATRA, Centre Testing International, Standards and Testing Centr and UL Solutions, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Toy Testing and Certification market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Toy Testing and Certification Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Toy Testing and Certification Market, Segmentation by Type
Physical Testing
Chemical Testing
Flame Retardant Testing
Others
Global Toy Testing and Certification Market, Segmentation by Application
Electric Toys
Stuffed Toys
Plastic Toys
Others
Companies Profiled:
SGS
Eurofins
Intertek
TÜV Rheinland
Bureau Veritas
SATRA
Centre Testing International
Standards and Testing Centr
UL Solutions
Sigma
TUV SUD
CPT Labs
QIMA
DEKRA
Nemko
C&K Testing
Key Questions Answered
1. How big is the global Toy Testing and Certification market?
2. What is the demand of the global Toy Testing and Certification market?
3. What is the year over year growth of the global Toy Testing and Certification market?
4. What is the total value of the global Toy Testing and Certification market?
5. Who are the major players in the global Toy Testing and Certification market?