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Key Trends in Textile Testing, Inspection and Certification Market

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The Textile Testing, Inspection and Certification (TIC) Market is expected to reach $7,221.01 million by 2020, growing at a CAGR of 4.6% between 2015 and 2020. – PowerPoint PPT presentation

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Title: Key Trends in Textile Testing, Inspection and Certification Market


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MarketsandMarkets Presents

Key Trends in Textile Testing, Inspection and
Certification Market Textile Testing, Inspection
and Certification (TIC) Market by Application
(Textile Testing, Textile Inspection, Textile
Certification, Toys), and Geography - Global
Forecast to 2020 https//www.marketsandmarkets.c
om/Market-Reports/textile-testing-inspection-certi
fication-market-113497801.html
2
The Textile Testing, Inspection and
Certification (TIC) Market is expected to reach
7,221.01 million by 2020, growing at a CAGR of
4.6 between 2015 and 2020.         The
testing, inspection, and certification (TIC)
textile market is growing due to factors such as
the reduction in the cost burden incurred by
textile manufacturers because of outsourcing of
TIC services, increase in the world wide trading
of textiles, technological innovations in the
textile sector, and others. However, textile
products take a longer time to get approved in
the overseas market, which could hamper the
growth of the TIC textile market. Browse 58
market data tables and 50 figures spread
through 130 pages and in-depth TOC on Textile
Testing, Inspection and Certification (TIC)
Market - Global Forecast to 2020"
3
There has been a growing demand for testing,
inspection, and certification (TIC) services in
the textile sector due to the rising demand for
quality and standard textile products. TIC
services for textile sector comprise textile
testing, textile inspection, and textile
certification. Textile testing is used for
testing raw materials, monitoring production,
assessing the final product, and investigation of
faulty material among others. Textile inspection
includes visual verification (labeling and
packaging) and examining the raw materials and
partially finished materials of textiles.
Certifications for textile products ensure that
manufacturers followed the standards and quality
safety norms during the production of textile
products. Ask PDF Brochure https//www.marketsan
dmarkets.com/pdfdownloadNew.asp?id113497801 The
report provides a detailed insight into the TIC
market which has been segmented on the basis of
textile application and geography. The said
market has been segmented based on textile
applications as textile testing, textile
inspection, textile certification, and toys. The
market for textile testing has been further
segmented into chemical testing (harmful
substances), color fastness test parameters,
physical test parameters, and others. The textile
testing segment held the highest share in the
overall TIC market segmented based on textile
application, in 2014, due to the implementation
of stringent regulations laid down by the
Consumer Product Safety Improvement Act, which
aims to ensure the quality and safety of textile
products.
4
One of the objectives of the report was to
analyze the market trends for various segments of
the testing, inspection, and certification (TIC)
market along with, forecasting their respective
growth rates. Moreover, Porters five forces
analysis, supply chain analysis, and market
dynamics of the TIC market are also included in
this report. The market dynamics comprise the
drivers, restraints, opportunities, and
challenges for the said market. Request Free
Sample Pages https//www.marketsandmarkets.com/re
questsampleNew.asp?id113497801 The testing,
inspection, and certification market has been
segmented based on geography into four regions
which include North America, Europe, APAC, and
Rest of the World (RoW). The report also
estimates the market-size of the said
regions.This report profiles the major players
which are active in the TIC market. The key
players profiled in the report are SGS Group
(Switzerland), Bureau Veritas SA (France),
Intertek Group Plc (U.K.), TUV SUD Group
(Germany), TÜV Rheinland Group (Germany),
AsiaInspection Ltd (Hong Kong), British Standards
Institution (BSI) Group (U.K.), Centre Testing
International (CTI) (China), Hohenstein Institute
(Germany), SAI Global Ltd (Australia), TESTEX AG
(Switzerland), and Eurofins Scientific
(Luxembourg).
5
About MarketsandMarkets MarketsandMarkets
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6
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Info https//www.marketsandmarkets.com/PressRelea
ses/textile-testing-inspection-certification.asp
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