Market Analysis
The Global Pre-Shipment Inspection Market is expected to reach USD 17.2 billion by 2025, from USD 11.8 billion in 2017 growing at a CAGR of 6.2 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition
Pre-shipment inspection is defined as a systematic inspection of various goods by using quality control method to verify the quality of goods. It is a security tool, used by the distributor companies or some governments, which checks whether the goods dispatched are in conformity with buyer’s specifications or not. It is an important part of supply chain management. It has various benefits which include reducing risks of receiving poor quality goods by taking corrective action during the production process itself. Even the inspection certificate gets issued to exporters who pass the inspection successfully. It is widely applicable in consumer goods and retail agriculture and food chemicals, construction and infrastructure, industrial and manufacturing, medical devices and life sciences, mining, oil & gas and petroleum and others.
In 2017, SOUTH SUDAN started a pre-shipment verification programme in which the inspection company was Baltic Control (not SGS or such). UN/NGO cargo would be exempted from this programme.
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Major Market Drivers and Restraints:
• Increasing consumer spending and ongoing rapid urbanization in emerging markets
• Growing incidents of product recalls across the world
• Alternative water treatment technologies
• Pre-shipment inspection – counterproductive for import countries and their traders
By Type
In-House and Outsourced
By EXIM
Export Goods,
Import Goods
By Application
• Consumer Goods & Retail
• Agriculture & Food
• Chemicals
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
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Segmentation: Market
• The global pre-shipment inspection market is segmented into type, EXIM, application and geography.
• Based on type, the market is segmented into in-house and outsourced.
• Based on EXIM, the market is segmented into export goods, import goods.
• On the basis of application, the market is classified into consumer goods & retail, agriculture & food, chemicals.
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-pacific and, middle east & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, turkey, Russia, china, India, south Korea, japan, Australia, Singapore, Saudi Arabia, south Africa and brazil among others.
Top Key Player
• pre-shipment inspection market are DQS CFS GmbH
• CIS Commodity Inspection Service
• CIS Commodity Inspection Service
• Applus+
• TÜV NORD GROUP
• Eurofins Scientific
• Intertek Group plc DEKRA international
• TÜV Rheinland
• UL LLC
• Cotecna Inspection SA
• SGS SA
• Bureau Veritas
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Research Methodology
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others
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