Pre-Shipment Inspection Market by Sourcing Type (In-House and Outsourced), EXIM (Export Goods, Import Goods), Application (Consumer Goods & Retail, Agriculture & Food, Chemicals), and Geography - Global Forecast to 2023
The pre-shipment inspection market is expected to increase from USD 11.00 Billion in 2017 to USD 14.83 Billion by 2023, at a CAGR of 5.04% during the forecast period. The base year for this study is 2017, and the forecast period is between 2018 and 2023.
Major objectives of the study are as follows:
- To define, describe, segment, and forecast the pre-shipment inspection market, in terms of value, segmented on the basis of sourcing type, EXIM, application, and geography
- To define, describe, segment, and forecast the market, in terms of value, segmented on the basis of transportation application
- To forecast the market size, in terms of value, for various segments with regard to 4 main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets1 with respect to the individual growth trends, future prospects, and contribution to the total market
- To study the complete value chain and allied industry segments, and perform a value chain analysis of the pre-shipment inspection landscape. To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the market
- To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape for the market leaders
- To analyze competitive developments such as partnerships and joint ventures, mergers and acquisitions, service developments, expansions in the market
During this research study, major players in the pre-shipment inspection ecosystem in various regions have been identified, and their offerings, regional presence, and distribution channels have been understood through in-depth discussions. Top-down and bottom-up approaches have been used to estimate the market size of other individual markets by using percentage splits from secondary sources, such as Hoovers, Bloomberg Business, Factiva, and OneSource, along with primary research. The entire procedure includes the study of annual and financial reports of the top market players and extensive interview of industry leaders, such as CEOs, VPs, directors, and marketing executives, for key insights (both qualitative and quantitative) pertaining to the market. The following figure shows the breakdown of the primaries on the basis of the company type, designation, and region conducted during the research study.
To know about the assumptions considered for the study, download the pdf brochure
The ecosystem of the pre-shipment inspection market comprises a network of regulatory bodies, accreditation and standards organizations, third-party pre-shipment inspection service providers, research and development (R&D) institutions, manufacturers, technology integrators, and distributors. Key companies in the market are SGS (Switzerland), Bureau Veritas (France), Intertek (UK), DEKRA (Germany), and TάV SάD (Germany). Prominent companies in the market include well-established, financially stable, and technically strong players that have been operating in the industry for several years and have diversified product portfolios, proprietary technologies, and strong distribution networks acquired through collaborations and acquisitions.
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Scope of the Report:
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Report Metric |
Details |
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Report Name |
Pre-Shipment Inspection Market |
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Base year |
2017 |
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Forecast period |
201820223 |
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Forecast units |
Value in terms of USD million and billion |
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Segments covered |
Product, System Type, Software & Services, Function, Industry, and Region |
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Geographic regions covered |
North America, APAC, Europe, and RoW |
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Companies covered |
SGS (Switzerland), Bureau Veritas (France), Intertek (UK), DEKRA (Germany), and TάV SάD (Germany) |
Target Audience:
- Raw material and testing equipment suppliers
- Research organizations
- Original equipment manufacturers (OEMs)
- Technology standards organizations, forums, alliances, and associations
- Technology investors
- Analysts and strategic business planners
- Government bodies, venture capitalists, and private equity firms
- Testing, inspection, and certification market players
- Exporters and importers
Report Scope:
By Sourcing Type:
- In-House
- Outsourced
By EXIM:
- Export Goods
- Import Goods
By Application:
- Consumer Goods and Retail
- Agriculture and Food
- Chemicals
- Construction and Infrastructure
- Industrial and Manufacturing
- Medical and Life Sciences
- Mining
- Oil and Gas and Petroleum
- Transportation
- Supply Chain and Logistics
By Geography:
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the clients specific needs. The following customization options are available for the report:
- Geographic Analysis: Further analysis of the pre-shipment inspection market for additional countries
Company Information
- Detailed analysis and profiling of additional market players (up to five)
The pre-shipment inspection market is expected to increase from USD 11.60 Billion in 2018 to USD 14.83 Billion by 2023, at a CAGR of 5.04% between 2018 and 2023. The growth of this market is mainly driven by the growing consumer spending and ongoing rapid urbanization in emerging markets, increasing incidents of product recalls across the world, and surging counterfeiting and piracy activities.
Export goods accounted for a larger share of the pre-shipment inspection market in 2017. There is an increasing demand for pre-shipment inspection services in most applications owing to the rising demand for good-quality and standard products across various industries. Manufacturers are required to ensure the products have met the quality, technical, safety, and performance regulatory standards to increase the marketability of their products.
In-house sourcing type accounted for a larger share of the pre-shipment inspection market in 2017. Earlier, manufacturers and organizations had to adhere to limited standards and regulations; hence, it was possible for companies to build their in-house pre-shipment inspection capabilities. In recent years, standards pertaining to human/user safety and environmental safety have increased and become mandatory for certain category of products.
The consumer goods and retail application held the largest share of the pre-shipment inspection market in 2017. Customers in consumer goods and retail markets are more demanding and less predictable than ever before. Therefore, superior consumer understanding and thought leadership play a crucial role in engaging the customers. This factor holds the potential for the increase in the adoption of pre-shipment inspection services worldwide.
In terms of regions, Asia Pacific (APAC) accounted for the largest share of the pre-shipment inspection market in 2017. Industrially advanced countries such as China, Japan, South Korea, and Taiwan possess a significant export capacity. Major industries in these countries include consumer electronics, processed foods, and agriculture. These industries have a significant demand for pre-shipment inspection services, which would help them to comply with international standards.
Pre-shipment inspection increases burdens and costs in international trade and can be counterproductive for the country of importation and its traders, thereby restraining market growth. Pre-shipment inspection companies are subject to local laws and have to abide by the regulations and jurisdiction of each region and country in which they operate, thereby reducing their effectiveness.
SGS (Switzerland) is one of the leading companies in the pre-shipment inspection market, followed by Bureau Veritas with a large contribution to the parent market share and high financial power, and provides a broad service portfolio in the market with strong technical expertise. SGS is highly focused on its continued growth through acquisitions, strategic partnerships, and expansions to gain a competitive advantage. Bureau Veritas is viewed to grow through an aggressive inorganic strategy by means of acquiring small companies.
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Table of Contents
1 Introduction (Page No. - 18)
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 22)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 31)
4 Premium Insights (Page No. - 35)
4.1 Attractive Opportunities in the Market
4.2 Market, By Application
4.3 Market for Export Goods, By Sourcing Type
4.4 In-House Pre-Shipment Inspection Market, By Application
4.5 Market in APAC, By Application and Country
4.6 Market, By Country
5 Market Overview (Page No. - 39)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Consumer Spending and Ongoing Rapid Urbanization in Emerging Markets
5.2.1.2 Increasing Incidents of Product Recalls Across the World
5.2.1.3 Surging Global Counterfeiting and Piracy Activities
5.2.2 Restraints
5.2.2.1 Pre-Shipment Inspection Counterproductive for Import Countries and Their Traders
5.2.3 Opportunities
5.2.3.1 Rising Trend of Outsourcing Inspection Services to Third-Party Service Providers
5.2.4 Challenges
5.2.4.1 Long Lead Time for Overseas Qualification Tests
5.3 Value Chain Analysis
5.4 Pre-Shipment Inspection Levels for Acceptance Quality Limit (AQL)
5.4.1 General Inspection Levels
5.4.2 Special Inspection Levels
6 Pre-Shipment Inspection Market, By Sourcing Type (Page No. - 46)
6.1 Introduction
6.2 In-House
6.3 Outsourced
7 Pre-Shipment Inspection Market, By Exim (Page No. - 54)
7.1 Introduction
7.2 Export Goods
7.3 Import Goods
8 Pre-Shipment Inspection Market, By Application (Page No. - 61)
8.1 Introduction
8.2 Consumer Goods and Retail
8.3 Agriculture and Food
8.4 Chemicals
8.5 Construction and Infrastructure
8.6 Industrial and Manufacturing
8.7 Medical Devices and Life Sciences
8.8 Mining
8.9 Oil & Gas and Petroleum
8.10 Transportation
8.10.1 Automotive
8.10.2 Aerospace & Defense
8.10.3 Marine
8.10.4 Rail
8.11 Supply Chain and Logistics
9 Pre-Shipment Inspection Market, By Region (Page No. - 88)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 Rest of APAC
9.5 Rest of the World
9.5.1 South America
9.5.2 Middle East & Africa
10 Competitive Landscape (Page No. - 110)
10.1 Overview
10.2 Ranking of Players, 2016
10.3 Competitive Scenario
10.3.1 Contracts
10.3.2 Expansions and Service Expansions
10.3.3 Mergers and Acquisitions
11 Company Profiles (Page No. - 116)
11.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
11.1.1 SGS
11.1.2 Bureau Veritas
11.1.3 Intertek
11.1.4 TUV SUD
11.1.5 Dekra
11.1.6 TUV Rheinland
11.1.7 UL
11.1.8 Eurofins Scientific
11.1.9 Cotecna
11.1.10 TUV Nord
11.1.11 Applus
11.1.12 ALS
11.1.13 CIS Commodity Inspection Services
11.1.14 DQS CFS
11.1.15 Asiainspection
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
11.2 Key Innovators
11.2.1 Cayley Aerospace
11.2.2 Guangdong Inspection
11.2.3 Asia Quality Focus (AQF)
11.2.4 Soloarbuyer
11.2.5 Aim Control Group
12 Appendix (Page No. - 148)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details
List of Tables (65 Tables)
Table 1 Pre-Shipment Inspection Market, By Sourcing Type, 20152023 (USD Billion)
Table 2 Market for In-House Services, By Application, 20152023 (USD Million)
Table 3 Market for In-House Services, By Exim, 20152023 (USD Billion)
Table 4 Market for Outsourced Services, By Application, 20152023 (USD Million)
Table 5 Market for Outsourced Serfvices, By Exim, 20152023 (USD Million)
Table 6 Market, By Exim, 20152023 (USD Billion)
Table 7 Market for Export Goods, By Application, 20152023 (USD Million)
Table 8 Market for Export Goods, By Sourcing Type, 20152023 (USD Billion)
Table 9 Market for Export Goods, By Region, 20152023 (USD Billion)
Table 10 Market for Import Goods, By Application, 20152023 (USD Million)
Table 11 Market for Import Goods, By Sourcing Type, 20152023 (USD Million)
Table 12 Market for Import Goods, By Region, 20152023 (USD Million)
Table 13 Market, By Application, 20152023 (USD Million)
Table 14 Market for Consumer Goods and Retail Application, By Exim, 20152023 (USD Million)
Table 15 Market for Consumer Goods and Retail Application, By Sourcing Type, 20152023 (USD Million)
Table 16 Market for Consumer Goods and Retail Application, By Region, 20152023 (USD Million)
Table 17 Market for Agriculture and Food Application, By Exim, 20152023 (USD Million)
Table 18 Market for Agriculture and Food Application, By Sourcing Type, 2015-2023 (USD Million)
Table 19 Market for Agriculture and Food Application, By Region, 20152023 (USD Million)
Table 20 Market for Chemicals Application, By Exim, 20152023 (USD Million)
Table 21 Market for Chemicals Application, By Sourcing Type, 2015-2023 (USD Million)
Table 22 Market for Chemicals Application, By Region, 20152023 (USD Million)
Table 23 Market for Construction and Infrastructure Application, By Exim, 20152023 (USD Million)
Table 24 Market for Construction and Infrastructure Application, By Sourcing Type, 20152023 (USD Million)
Table 25 Market for Construction and Infrastructure Application, By Region, 20152023 (USD Million)
Table 26 Market for Industrial and Manufacturing Application, By Exim, 20152023 (USD Million)
Table 27 Market for Industrial and Manufacturing Application, By Sourcing Type, 20152023 (USD Million)
Table 28 Market for Industrial and Manufacturing Application, By Region, 20152023 (USD Million)
Table 29 Pre-Shipment Inspcetion Marketfor Medical and Life Sciences Application, By Exim, 20152023 (USD Million)
Table 30 Market for Medical Devices and Life Sciences Application, By Sourcing Type, 20152023 (USD Million)
Table 31 Market for Medical Devices and Life Sciences Application, By Region, 20152023 (USD Million)
Table 32 Market for Mining Application, By Exim, 20152023 (USD Million)
Table 33 Market for Mining Application, By Sourcing Type, 20152023 (USD Million)
Table 34 Market for Mining Application, By Region, 20152023 (USD Million)
Table 35 Market for Oil & Gas and Petroleum Application, By Exim, 20152023 (USD Million)
Table 36 Market for Oil & Gas and Petroleum Application, By Sourcing Type, 20152023 (USD Million)
Table 37 Market for Oil & Gas and Petroleum Application, By Region, 20152023 (USD Million)
Table 38 Market for Transportation Application, By Type, 20152023 (USD Million)
Table 39 Market for Transportation Application, By Exim, 20152023 (USD Million)
Table 40 Market for Transportation Application, By Sourcing Type, 20152023 (USD Million)
Table 41 Market for Transportation Application, By Region, 20152023 (USD Million)
Table 42 Market for Automotive Application, By Exim, 2015-2023 (USD Million)
Table 43 Market for Aerospace & Defense Application, By Exim, 20152023 (USD Million)
Table 44 Market for Marine Application, By Exim, 20152023 (USD Million)
Table 45 Market for Rail Application, By Exim, 20152023 (USD Million)
Table 46 Market for Supply Chain and Logistics Application, By Exim, 20152023 (USD Million)
Table 47 Market for Supply Chain and Logistics Application, By Sourcing Type, 20152023 (USD Million)
Table 48 Market for Supply Chain and Logistics Application, By Region, 20152023 (USD Million)
Table 49 Market, By Region, 20152023 (USD Billion)
Table 50 Market in North America, By Country, 20152023 (USD Million)
Table 51 Market in North America, By Application, 20152023 (USD Million)
Table 52 Market in North America, By Exim, 20152023 (USD Million)
Table 53 Market in Europe, By Country, 20152023 (USD Million)
Table 54 Market in Europe, By Application, 20152023 (USD Million)
Table 55 Market in Europe, By Exim, 20152023 (USD Million)
Table 56 Market in APAC, By Country, 20152023 (USD Million)
Table 57 Market in APAC, By Application, 20152023 (USD Million)
Table 58 Market in APAC, By Exim, 20152023 (USD Million)
Table 59 Market in RoW, By Region, 20152023 (USD Million)
Table 60 Market in RoW, By Application, 20152023 (USD Million)
Table 61 Market in RoW, By Exim, 20152023 (USD Million)
Table 62 Ranking Analysis of Top 5 Companies in the Market, 2016
Table 63 Contracts (20142017)
Table 64 Expansions and Service Expansions (2016-2017)
Table 65 Mergers and Acquisitions (2017)
List of Figures (52 Figures)
Figure 1 Process Flow of Market Size Estimation
Figure 2 Research Design
Figure 3 Data Triangulation Methodology
Figure 4 Market Snapshot, By Application, 20172023 (USD Billion)
Figure 5 Market for Outsourced Services Likely to Grow at A Higher CAGR During the Forecast Period
Figure 6 Export Goods Expected to Hold A Larger Size of the Market During the Forecast Period
Figure 7 APAC Accounted for the Largest Share of the Pre-Shipment Market in 2017
Figure 8 Rising Trend of Outsourcing Inspection Services to Third-Party Service Providers Expected to Provide Lucrative Opportunities During the Forecast Period
Figure 9 Market for Agriculture and Food Application Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 In-House Segment Expected to Hold A Larger Market Size for Export Goods By 2023
Figure 11 C0nsumer Goods and Retail Application to Hold the Largest Size of the In-House Pre-Shipment Inspection Market During 20182023
Figure 12 Consumer Goods and Retail Application Accounted for the Largest Market Share in APAC in 2017
Figure 13 India Expected to Exhibit the Highest CAGR in the Global Pre-Shipment Inspection Market Between 2018 and 2023
Figure 14 Pre-Shipment Inspection Market: Drivers, Challenges, Restraints, Opportunities
Figure 15 Value Chain Analysis: Market
Figure 16 Market for Outsourced Services Expected to Grow at A Higher CAGR During the Forecast Period
Figure 17 Agriculture and Food Segment Expected to Exhibit the Highest CAGR in the Market for In-House Pre-Shipment Inspection Services During the Forecast Period
Figure 18 Consumer Goods and Retail Segment Expected to Hold the Largest Size of the Market for Outsourced Services By 2023
Figure 19 Market for Import Goods Expected to Grow at A Higher CAGR During the Forecast Period
Figure 20 Agriculture and Food Segment Expected to Exhibit the Highest CAGR in the Market for Export Goods During the Forecast Period
Figure 21 Consumer Goods and Retail Segment Expected to Hold the Largest Size of the Market for Import Goods in 2018
Figure 22 Agriculture and Food Application to Exhibit the Highest CAGR in the Market During 20182023
Figure 23 Import Goods Expected to Exhibit A Higher CAGR in the Market for Consumer Goods and Retail Application During the Forecast Period
Figure 24 Export Goods to Hold A Larger Size of the Market for Chemicals Application in 2023
Figure 25 APAC to Lead the Market for Construction and Infrastructure Application During 20182023
Figure 26 Import Goods to Exhibit A Higher CAGR in the Market for Industrial and Manufacturing Application During the Forecast Period
Figure 27 APAC to Exhibit the Highest CAGR in the Market for Medical Devices and Life Sciences Application During the Forecast Period
Figure 28 APAC to Dominate the Outsourced Pre-Shipment Inspection Market During the Forecast Period
Figure 29 Export Goods to Hold the Largest Size of the Market for Oil & Gas and Petroleum Application During 20182023
Figure 30 Import Goods to Claim A Higher CAGR in the Market for Automotive Application During the Forecast Period
Figure 31 Market for Supply Chain and Logistics Application in North America to Grow at the Highest CAGR During the Forecast Period
Figure 32 Geographic Snapshot: Rapidly Growing Countries, Such as India and Japan, and Australia, China are Emerging as Potential New Markets
Figure 33 APAC Likely to Dominate the Market During the Forecast Period
Figure 34 North America: Pre-Shipment Inspection Market Snapshot
Figure 35 Medical Devices and Life Sciences Application to Hold the Largest Size of the Market in North America By 2023
Figure 36 Europe: Pre-Shipment Inspection Market Snapshot
Figure 37 Germany to Hold the Largest Size of the European Pre-Shipment Inspection Market By 2023
Figure 38 Asia Pacific: Pre-Shipment Inspection Market Snapshot
Figure 39 China to Hold the Largest Size of the Market in APAC in 2023
Figure 40 South America to Lead the Market in RoW During the Forecast Period
Figure 41 Companies Adopted Service Launches and Developments as Key Growth Strategies Between 2014 and 2017
Figure 42 Market Evolution Framework: New Expansions and Service Expansions as the Major Strategies Adopted By Key Players
Figure 43 SGS: Company Snapshot
Figure 44 Bureau Veritas: Company Snapshot
Figure 45 Intertek: Company Snapshot
Figure 46 TUV SUD: Company Snapshot
Figure 47 Dekra: Company Snapshot
Figure 48 TUV Rheinland: Company Snapshot
Figure 49 Eurofins Scientific: Company Snapshot
Figure 50 TUV Nord: Company Snapshot
Figure 51 Applus: Company Snapshot
Figure 52 ALS: Company Snapshot
Growth opportunities and latent adjacency in Pre-Shipment Inspection Market