Market revenue in 2024 | USD 18,754.9 million |
Market revenue in 2030 | USD 20,408.2 million |
Growth rate | 1.2% (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 78.29% in 2024. Horizon Databook has segmented the Mexico testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.
As one of the largest food exporters globally, Mexico’s food and beverage industry relies heavily on testing and inspection to meet international hygiene and quality benchmarks, particularly in the U.S. and Europe. Increasing consumer demand for organic and sustainable products amplified the need for certification processes.
Moreover, expanding infrastructure projects in roads, bridges, and buildings drive the need for stringent inspection and quality assurance. Furthermore, the growth in smart city projects and public transportation systems has also created opportunities for TIC providers to support compliance and safety requirements.
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