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Certification services ensure that a product has been manufactured following the specified global standards; hence it is safe and secure. The standards are developed, designed and published by the different government organizations and non-government standardization institutions globally. The growing demand for safety and quality services are one of the major driving factors for certificates market globally. Furthermore, companies involved in certificates industry offers services such as shipments valuation performance of products, industrial inspection, outsourcing of laboratories, ensuring imports comply with international and domestic standards and supplier evaluation among others. The certificates market has been segmented by application into consumer products, petroleum, environmental compliance, agriculture, and mining among others. Furthermore, environmental compliance is segmented into soil, air, water and occupational hygiene. Petroleum segment is segmented into biofuels, refined petroleum products, petroleum cargo, feedstock and others. In addition, Consumer products is segmented into appliances, accessories, apparel , textiles, food & beverage, footwear, juvenile products, personal care, toys among others. Agriculture is further divided into seed and crop, food safety and quality, commodities and others. Mining is further segmented into mineral processing, geo-analytics, mine site laboratory, mineralogy among others. 

Certificates ensure proper assurance to the end-users and customers that the global regulations standards have been strictly followed by the manufacturing companies in order to meet the product quality. The growth of certificates market has increased globally, owing to the increasing consumer awareness about the product quality in every sector. Furthermore, the robust growth of the certificates industry is also influenced by growing globalization of international standards and laws along with introduction of new standards due to the improved safety standards and legislation and development of technology. Growing number of trade practices exports globally is fueling the certificates market. Products without authentic certification are not considered for sale in certain countries. Companies primarily focus on proper certification through quality check and audit for business expansion. Furthermore, audit along with follow-up processes through different certification bodies assures that the company has standard safety management systems. The lack of domestic government directives and internationally accepted standards are some of the restraining factors may hinder the growth of this market.

North America and Europe dominated the market for certificates market in 2014 in terms of revenue followed by Asia Pacific. U.S. dominates the market for certificates market in North America. UK and Germany dominates the market for certificates in Europe. Economies such as China, Japan, India, Australia and Malaysia across Asia Pacific are potential market for certificates market. Changing consumer perception about safety and quality is creating positive impact on the market for certificates market in Rest of the World. 

Some of the key players operating in the certificates market are ALS Global in Australia, Bureau Veritas SA in France, The British Standards Institution in U.K., Dekra Certification GmbH in Germany, SAI Global in Australia, Intertek Group PLC in U.K., TÜV SUD Group in Germany, UL LLC in U.S., AsureQuality Limited in New Zealand and SGS Group in Switzerland among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Certificates Market

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