Europe TIC Market for Consumer Goods & Retail Industry

Industry Overview

The Europe TIC Market for Consumer Goods & Retail Industry size was valued at USD 51.7 billion in 2023. It is likely to grow up to USD 68.1 billion by 2030 at a CAGR of 4.3% during the forecast period ranging between 2025 and 2030.

The Testing, Inspection, and Certification (TIC) market in Europe plays a crucial role in ensuring that consumer goods and retail products meet safety, quality, and regulatory standards. This sector has experienced notable growth, driven by stringent regulations and increasing consumer demand for quality assurance. The increasing complexity of global supply chains has heightened the need for inspection and certification services to ensure product quality and compliance with regulations.

Europe TIC Market for Consumer Goods & Retail Industry Report Coverage

Europe TIC Market for Consumer Goods & Retail Industry Trends/ Growth Drivers:

Stringent European Union regulations necessitate rigorous testing and certification processes for consumer products, driving demand for TIC services. There's a growing consumer preference for certified products, leading retailers to seek TIC services to meet these expectations. The growing industrial sector in Europe is increasing demand for quality control and risk management services.

Europe TIC Market for Consumer Goods & Retail Industry Challenges

Third-party verification for products can be time-consuming, which can slow down the import and export of goods. Different regions and industries have different regulations, which can create a fragmented market.

Europe TIC Market for Consumer Goods & Retail Industry Opportunities

Testing, inspection, and certification provides lucrative opportunities in technologies such as next-generation automation, AI, big data analytics, robotics, drones, cloud and cyber-security.  However, opportunities exist in deploying effective and extensive inspection systems, as well as leveraging emerging technologies to enhance service offerings in Asia Pacific.

Recent Developments by Key Players

Eurofins MTS Consumer Product Testing US has expanded its Boston facility, doubling its laboratory space. This expansion introduced new testing capabilities, including PFAS Total Organic Fluorine (TOF) testing, furniture testing to meet BIFMA standards, mattress testing facilities, and advanced hardlines testing environments.

Intertek has introduced Intertek Access, which is a global regulatory compliance service designed to assist businesses in navigating complex regulatory landscapes. This service aims to simplify the process of ensuring products meet necessary standards, thereby reducing time-to-market and enhancing product safety.

Europe TIC Market for Consumer Goods & Retail Industry Segmentation

VynZ Research provides an analysis of the key trends in each segment of the Europe TIC Market for Consumer Goods & Retail Industry report, along with forecasts at the regional and country levels from 2025-2030. Our report has categorized the market based on sourcing type, service type, and industry vertical.

Insight by Sourcing Type

Based on sourcing type, Europe TIC Market for Consumer Goods & Retail Industry is bifurcated into in-house and outsourced. Among the two segments, the in-house segment dominates the Europe market during the forecast period to enable organizations for handling TIC activities like on-site availability, ability to employ talent, and establish custom practices as per the needs of the organizations.

Insight by Service Type

On the basis of service type, the Europe TIC Market for Consumer Goods & Retail Industry is segmented into testing, inspection, and certification. Among these segments, the testing segment dominates the market owing to the diverse product standards, stringent regulations by European Standards and Directives to provide total quality assurance to clients, ensuring the overall growing industrialization, safety to end consumers and a need to protect the brand.

Insight by Industry Vertical

Based on industry vertical, the Europe TIC market for consumer goods and retail industry is divided into apparel and textiles, electrical & electronic goods, personal care and cosmetics, home and garden, toys and children’s products, footwear and leather, bags and accessories, fashion accessories, smart and wireless devices, and others. The digital transformation has led to the reshaping of the TIC market. The electronics industry is witnessing fierce competition on account of fast production lines driven by automation, as a result, the products need to be safe and are according to specifications, resulting in the growth of the TIC market of the region.

Europe TIC Market for Consumer Goods & Retail Industry: Geographic Overview

Germany dominates the market share as it is the leader in industrial standards and regulatory requirements. Also United Kingdom, France and contributes to high demand for TIC services in the Western Europe.

Europe TIC Market for Consumer Goods & Retail Industry: Competitive Insights

The Europe TIC Market for Consumer Goods & Retail Industry report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                  1.2.1.    By Sourcing Type 
                  1.2.2.    By Service Type 
                  1.2.3.    By Industry Vertical 
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                  1.5.1.  Data Sources
                             1.5.1.1. Primary Research
                             1.5.1.2. Secondary Research
                  1.5.2.  Methodology
                             1.5.2.1. Data Exploration
                             1.5.2.2. Forecast Parameters
                             1.5.2.3. Data Validation
                             1.5.2.4. Assumptions
                  1.5.3.  Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

       3.1.    Industry Dynamics
                 3.1.1.    Market Growth Drivers
                 3.1.2.    Market Restraints
                 3.1.3.    Key Market Trends
                 3.1.4.    Major Opportunities
       3.2.    Industry Ecosystem
                 3.2.1.    Porter’s Five Forces Analysis
                 3.2.2.    Recent Development Analysis
                 3.2.3.    Value Chain Analysis
       3.3.    Competitive Insight
                 3.3.1.    Competitive Position of Industry Players
                 3.3.2.    Market Attractive Analysis
                 3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

       4.1.    Global Market Overview
       4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

       5.1.    By Sourcing Type 
                 5.1.1. In-House
                           5.1.1.1. Market Definition
                           5.1.1.2. Market Estimation and Forecast to 2030
                 5.1.2. Outsourced
                           5.1.2.1. Market Definition
                           5.1.2.2. Market Estimation and Forecast to 2030

       5.2.    By Service Type 
                 5.2.1. Testing
                           5.2.1.1. Market Definition
                           5.2.1.2. Market Estimation and Forecast to 2030
                 5.2.2. Inspection
                           5.2.2.1. Market Definition
                           5.2.2.2. Market Estimation and Forecast to 2030
                 5.2.3. Certification
                           5.2.3.1. Market Definition
                           5.2.3.2. Market Estimation and Forecast to 2030

       5.3.    By Industry Vertical 
                 5.3.1. Apparel and textiles
                           5.3.1.1. Market Definition
                           5.3.1.2. Market Estimation and Forecast to 2030
                 5.3.2. Electrical & electronic goods
                           5.3.2.1. Market Definition
                           5.3.2.2. Market Estimation and Forecast to 2030
                 5.3.3. Personal care and cosmetics
                           5.3.3.1. Market Definition
                           5.3.3.2. Market Estimation and Forecast to 2030
                 5.3.4. Home and garden
                           5.3.4.1. Market Definition
                           5.3.4.2. Market Estimation and Forecast to 2030
                 5.3.5. Toys and children’s products
                           5.3.5.1. Market Definition
                           5.3.5.2. Market Estimation and Forecast to 2030
                 5.3.6. Footwear and leather
                           5.3.6.1. Market Definition
                           5.3.6.2. Market Estimation and Forecast to 2030
                 5.3.7. Bags and accessories
                           5.3.7.1. Market Definition
                           5.3.7.2. Market Estimation and Forecast to 2030
                 5.3.8. Fashion accessories
                           5.3.8.1. Market Definition
                           5.3.8.2. Market Estimation and Forecast to 2030
                 5.3.9. Smart and wireless devices
                           5.3.9.1. Market Definition
                           5.3.9.2. Market Estimation and Forecast to 2030
                 5.3.10. and Others
                           5.3.10.1. Market Definition
                           5.3.10.2. Market Estimation and Forecast to 2030

6.   Germany Market Estimate and Forecast

      6.1.    By Sourcing Type   
      6.2.    By Service Type   
      6.3.    By Industry Vertical   

7.   U.K. Market Estimate and Forecast

      7.1.    By Sourcing Type   
      7.2.    By Service Type   
      7.3.    By Industry Vertical   

8.   France Market Estimate and Forecast

      8.1.    By Sourcing Type   
      8.2.    By Service Type   
      8.3.    By Industry Vertical   

9.   Italy Market Estimate and Forecast

      9.1.    By Sourcing Type   
      9.2.    By Service Type   
      9.3.    By Industry Vertical   

10.   Spain Market Estimate and Forecast

      10.1.    By Sourcing Type   
      10.2.    By Service Type   
      10.3.    By Industry Vertical   

11.   Russia Market Estimate and Forecast

      11.1.    By Sourcing Type   
      11.2.    By Service Type   
      11.3.    By Industry Vertical   

12.   Rest of Europe Market Estimate and Forecast

      12.1.    By Sourcing Type   
      12.2.    By Service Type   
      12.3.    By Industry Vertical   

10.  Company Profiles

       10.1.   SGS SA
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Eurofins Scientific
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Intertek Group plc
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Bureau Veritas
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   TUV Rheinland
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   TUV Nord Group
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   TUV SUD
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments

11.    Appendix

         11.1.    Exchange Rates
         11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.