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Global Pre-shipment inspection Market to reach USD 19.43 Billion by 2027

Global Pre-shipment inspection Market Size, by Sourcing Type (In-house and Outsourced), by Exim (Export Good and Import Good), by Application (Consumer goods & retail, agriculture & food, Chemicals, Construction & infrastructure, industrial & manufacturing and others) and Regional Forecasts 2020-2027

Product Code: IACTIS_82694218
Publish Date: 2-09-2020
Page: 200

Global Pre-shipment inspection Market is valued approximately at USD 11.92 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.30% over the forecast period 2020-2027. The pre-shipment inspection is a technology which is used to inspect goods before its shipment. It has remarkable application in different stages of production process before shipment such as checking of goods and packaging, quality control or consistency of goods, checking of all documentation to the end destination etc. Pre-shipment process has been carried out to reduce the risk of poor quality and non-compliance goods, minimize product recalls and reduce cost. Rapid growth in e-commerce industry and growing important application of pre-shipment inspection technology in inspecting goods before shipment to the end use customer is driving the growth of market over the forecast years. As per the Indian brand Equity Foundation, the e-commerce sector stood for USD 38.5 Million in 2017 and expected to grow to USD 200 Million till 2024. Also, as per Statista, the e-commerce industry in Germany was USD 110.13 Million in 2019 and is expected to be over USD 121.14 Million by 2020. In addition, increasing demand for outsourcing inspection services is the factor stimulating the growth of market over the forecast years. However, high cost of pre-shipment inspection services is the factor hampering the growth of market over the forthcoming period.

The regional analysis of global Pre-shipment inspection Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth of pre-shipment inspection from end use industries. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapid growth in e-commerce sector would create lucrative growth prospects for the Pre-shipment inspection Market across Asia-Pacific region.

Major market player included in report are:
Bureau Veritas
TUV Rheinland
Eurofins Scientific
TUV Nord

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Sourcing Type Sourcing Types of key players. The detailed segments and sub-segment of the market are explained below:

By Sourcing Type:

By Exim:
Export Goods
Import Goods

By Application:
Consumer goods & retail
Agriculture and food
Construction and infrastructure
Industrial & Manufacturing

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Pre-shipment inspection Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Pre-shipment Inspection Market, by Region, 2018-2027 (USD Billion)
1.2.2. Pre-shipment Inspection Market, by Sourcing Type, 2018-2027 (USD Billion)
1.2.3. Pre-shipment Inspection Market, by Exim, 2018-2027 (USD Billion)
1.2.4. Pre-shipment Inspection Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pre-shipment Inspection Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pre-shipment Inspection Market Dynamics
3.1. Pre-shipment Inspection Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Pre-shipment Inspection Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Pre-shipment Inspection Market, by Sourcing Type
5.1. Market Snapshot
5.2. Global Pre-shipment Inspection Market by Sourcing Type, Performance – Potential Analysis
5.3. Global Pre-shipment Inspection Market Estimates & Forecasts by Sourcing Type 2017-2027 (USD Billion)
5.4. Pre-shipment Inspection Market, Sub Segment Analysis
5.4.1. In-House
5.4.2. Outsourced
Chapter 6. Global Pre-shipment Inspection Market, by Exim
6.1. Market Snapshot
6.2. Global Pre-shipment Inspection Market by Exim, Performance – Potential Analysis
6.3. Global Pre-shipment Inspection Market Estimates & Forecasts by Exim 2017-2027 (USD Billion)
6.4. Pre-shipment Inspection Market, Sub Segment Analysis
6.4.1. Export Goods
6.4.2. Import Goods
Chapter 7. Global Pre-shipment Inspection Market, by Application
7.1. Market Snapshot
7.2. Global Pre-shipment Inspection Market by Application, Performance – Potential Analysis
7.3. Global Pre-shipment Inspection Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Pre-shipment Inspection Market, Sub Segment Analysis
7.4.1. Consumer goods & retail
7.4.2. Agriculture and food
7.4.3. Chemicals
7.4.4. Construction and infrastructure
7.4.5. Industrial & Manufacturing
7.4.6. Others
Chapter 8. Global Pre-shipment Inspection Market, Regional Analysis
8.1. Pre-shipment Inspection Market, Regional Market Snapshot
8.2. North America Pre-shipment Inspection Market
8.2.1. U.S. Pre-shipment Inspection Market Sourcing Type breakdown estimates & forecasts, 2017-2027 Exim breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Pre-shipment Inspection Market
8.3. Europe Pre-shipment Inspection Market Snapshot
8.3.1. U.K. Pre-shipment Inspection Market
8.3.2. Germany Pre-shipment Inspection Market
8.3.3. France Pre-shipment Inspection Market
8.3.4. Spain Pre-shipment Inspection Market
8.3.5. Italy Pre-shipment Inspection Market
8.3.6. Rest of Europe Pre-shipment Inspection Market
8.4. Asia-Pacific Pre-shipment Inspection Market Snapshot
8.4.1. China Pre-shipment Inspection Market
8.4.2. India Pre-shipment Inspection Market
8.4.3. Japan Pre-shipment Inspection Market
8.4.4. Australia Pre-shipment Inspection Market
8.4.5. South Korea Pre-shipment Inspection Market
8.4.6. Rest of Asia Pacific Pre-shipment Inspection Market
8.5. Latin America Pre-shipment Inspection Market Snapshot
8.5.1. Brazil Pre-shipment Inspection Market
8.5.2. Mexico Pre-shipment Inspection Market
8.6. Rest of The World Pre-shipment Inspection Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. SGS Key Information Overview Financial (Subject to Data Availability) Sourcing Type Summary Recent Developments
9.2.2. Bureau Veritas
9.2.3. Intertek
9.2.4. TUV SUD
9.2.5. Dekra
9.2.6. TUV Rheinland
9.2.7. Eurofins Scientific
9.2.8. TUV Nord
9.2.9. Applus
9.2.10. DQS CFS
Chapter 10. Research Sourcing Type
10.1. Research Sourcing Type
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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