Market revenue in 2024 | USD 19,645.3 million |
Market revenue in 2030 | USD 27,029.9 million |
Growth rate | 5.3% (CAGR from 2025 to 2030) |
Largest segment | Testing |
Fastest growing segment | Certification |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Testing, Inspection, Certification |
Key market players worldwide | ALS Ltd, Applus Services SA, Bureau Veritas SA, DEKRA Certification, Element Materials Technology, Eurofins Scientific SE, Intertek Group PLC, MISTRAS Group Inc, SGS AG |
Testing was the largest segment with a revenue share of 76.8% in 2024. Horizon Databook has segmented the Australia testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.
Australia has a well-established regulatory framework that mandates testing, inspection, and certification across various industries to ensure safety, quality, and environmental compliance.
Organizations in various industries such as, food, beverages, consumer electronics, and automotive must comply with Australian Standards (AS) and Consumer Goods Safety regulations enforced by authorities like the Australian Competition and Consumer Commission (ACCC).
Australia’s agricultural exports require testing and certification to meet international standards such as, for organic produce, pesticides, and food safety. The country’s status as a food exporter to markets like China, Japan, and Europe fuels the TIC demand in the country.
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