Textile Testing, Inspection and Certification (TIC) Market by Application (Textile Testing, Textile Inspection worth $7,221.01 Million by 2020 - PowerPoint PPT Presentation

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Textile Testing, Inspection and Certification (TIC) Market by Application (Textile Testing, Textile Inspection worth $7,221.01 Million by 2020

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[130 Pages Report] Textile Testing, Inspection and Certification (TIC) Market analysis & forecast report categorizes global market by by Application (Textile Testing, Textile Inspection, Textile Certification, & Toys), and Geography. – PowerPoint PPT presentation

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Title: Textile Testing, Inspection and Certification (TIC) Market by Application (Textile Testing, Textile Inspection worth $7,221.01 Million by 2020


1
MarketsandMarkets Presents
Textile Testing, Inspection and Certification
(TIC) Market by Application (Textile Testing,
Textile Inspection worth 7,221.01 Million by 2020
http//www.marketsandmarkets.com/Market-Reports/te
xtile-testing-inspection-certification-market-1134
97801.html
2
According to a new market research report
"Textile Testing, Inspection and Certification
(TIC) Market by Application (Textile Testing,
Textile Inspection, Textile Certification,
Toys), and Geography - Global Forecast to 2020",
published by marketsandmarkets, the 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.. 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" http//www.marketsandmarkets.com/Market-Rep
orts/textile-testing-inspection-certification-mark
et-113497801.html
             

     
          
          
              

     
          
          
3
Testing, inspection, and certification (TIC)
services helps manufacturers ensure that their
products conform to technical safety and quality
related standards and regulations, which in turn
increases the marketability of their products and
reduces the pre-production cost of textiles.
Examination of traded goods purchased from buyers
by end-users and checking whether they comply
with the buyers specification and expectations
comes under inspection services. Certification of
textile services provides confirmation of test or
inspection done against governments and
international standardization institutions set
of pre-defined standards. Certification of
textile helps manufacturers trade globally, as it
assures buyers that a product complies with the
technical safety, performance, and quality
related regulatory standards. 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.
http//www.marketsandmarkets.com/Market-Reports/te
xtile-testing-inspection-certification-market-1134
97801.html
4
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. 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. The testing, inspection, and
certification market has been segmented based on
http//www.marketsandmarkets.com/Market-Reports/te
xtile-testing-inspection-certification-market-1134
97801.html
5
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).
http//www.marketsandmarkets.com/Market-Reports/te
xtile-testing-inspection-certification-market-1134
97801.html
6
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7
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
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xtile-testing-inspection-certification-market-1134
97801.html
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