The Global TIC Market for Logistics & Supply Chain Industry is Expected to Reach USD 12.4 Billion by 2030.
The global TIC market for logistics & supply chain industry is projected to grow from USD 6.8 billion in 2025 to USD 12.4 billion by 2030, at a CAGR of 3.3%. The growth of the market is driven by the increasing demand for safety and quality assurance in the logistics & supply chain industry, as well as the growing need for compliance with government regulations.

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Key Drivers of the Market
Increasing demand for safety and quality assurance: The logistics & supply chain industry is one of the most important sectors of the global economy. It is responsible for the transportation and storage of goods and materials, and it plays a vital role in ensuring the safety and quality of these products. As a result, there is a growing demand for TIC services in this industry, in order to ensure that goods are transported and stored safely and that they meet all quality standards.

Growing need for compliance with government regulations: Governments around the world are increasingly imposing regulations on the logistics & supply chain industry. These regulations are designed to ensure the safety of goods and materials, as well as to protect the environment. As a result, there is a growing need for TIC services in this industry, in order to ensure that companies are compliant with these regulations.

Technological advancements: Technological advancements are also driving the growth of the TIC market for logistics & supply chain industry. These advancements are making it easier and more efficient to conduct TIC activities, such as testing, inspection, and certification. As a result, companies are increasingly adopting these technologies, which is further driving the growth of the market.

Key Trends in the Market
Growing focus on outsourcing: There is a growing trend of outsourcing TIC services in the logistics & supply chain industry. This is because outsourcing allows companies to focus on their core competencies, while also benefiting from the expertise and experience of TIC service providers.

Increased focus on sustainability: There is also an increased focus on sustainability in the logistics & supply chain industry. This is leading to a growing demand for TIC services that can help companies to reduce their environmental impact.

Rise of e-commerce: The rise of e-commerce is also driving the growth of the TIC market for logistics & supply chain industry. This is because e-commerce companies need to ensure that their products are transported and stored safely and that they meet all quality standards.

Regional Analysis
The Asia Pacific region is expected to be the largest market for TIC services in the logistics & supply chain industry. This is due to the rapid growth of the logistics & supply chain industry in this region, as well as the increasing demand for safety and quality assurance.

Competitive Landscape
The global TIC market for logistics & supply chain industry is highly competitive. The key players in the market include SGS, Bureau Veritas, Intertek, Eurofins Scientific, and Dekra. These companies offer a wide range of TIC services, and they are constantly innovating in order to meet the needs of their customers.

Conclusion
The global TIC market for logistics & supply chain industry is expected to grow significantly in the coming years. This growth is being driven by the increasing demand for safety and quality assurance, as well as the growing need for compliance with government regulations. The market is also being influenced by technological advancements and the rise of e-commerce.