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    Home > Chemicals Industry > China Chemical > *Tripartite testing industry market: the development of leading enterprises to comprehensive enterprises

    *Tripartite testing industry market: the development of leading enterprises to comprehensive enterprises

    • Last Update: 2021-11-20
    • Source: Internet
    • Author: User
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    * Tripartite testing and testing industry marches into comprehensive enterprises
     
    The development of the third-party testing market in Europe and the United States has become more standardized and mature, and a number of third-party testing organizations represented by SGS, BV, Intertek, etc.
    have emerged, which are widely recognized in Shanghai.

     

    The third-party testing industry in my country started late and has developed rapidly in recent years, and the market scale has gradually expanded.
    Among them, comprehensive third-party testing companies are more likely to develop into industry giants.
    In recent years, testing institutions have gradually expanded their business areas through external mergers and acquisitions, and have entered comprehensive third-party testing companies.

     

    1.
    *The tripartite testing industry started later than Europe and the United States, and brand credibility is the lifeblood of third-party testing companies
     
    1.
    *The tripartite testing industry started later than Europe and the United States, and brand credibility is the lifeblood of third-party testing companies
    The third-party testing industry (TIC industry) is one of the sub-industries of the quality inspection and testing industry.
    It refers to a third party outside of the trading interests (such as a full-time supervision and inspection agency), as a fair and non-party, in accordance with relevant laws, Commodity inspection activities carried out by standards or contracts.

     

      my country's third-party testing is significantly later than developed countries in Europe and America.
    At the beginning of the 15th century in European and American countries, in order to ensure the quality of products, there was the intervention of third-party testing agencies.
    The involvement of mature third-party testing agencies in product testing has been common in the mid-nineteenth century and has developed into a conscious Business practices.

     

      The promulgation of the "Law of the People's Republic of China on Import and Export Commodity Inspection" in 1989 marked the official start of my country's third-party inspection.
    At this stage, my country's inspection and inspection are mainly state-owned institutions.

     

      After 2002, state-owned institutions further gave up benefits to third-party testing institutions, and wholly foreign-owned testing institutions were subsequently allowed to enter the Chinese market, and the scale of the Chinese inspection and testing market has undergone a fundamental change.
    Since 2014, my country's inspection and testing industry represented by third-party testing institutions has begun to achieve rapid development.
      From the perspective of the development characteristics of third-party testing organizations, brand and credibility are the lifeblood of third-party testing companies.
    Customers’ products need third-party testing and certification to verify product quality, establish brand image, or obtain certification to achieve product sales.
    Therefore, customers tend to choose testing companies with wide testing brands and strong social credibility to endorse the company's products.

     

      On the other hand, the credibility barriers of testing companies continue to strengthen as their scale expands.
    Credibility is specifically manifested as: testing the income volume, service radius and qualifications of the enterprise.
    The detection company has a small service radius and a complete network layout is the prerequisite for expanding the company's scale.
    With the expansion of the company's service radius and the increase in revenue, the company's brand effect in the industry has become more obvious, and the credibility barriers will be strengthened.
      2.
    *The market scale of 100 billion yuan in the tripartite inspection industry
     
    2.
    *The market scale of 100 billion yuan in the tripartite inspection industry
      In recent years, my country's inspection and testing industry has maintained a sustained and rapid development momentum.
    According to statistics from the State Administration for Market Regulation, as of the end of 2019, there were 44,007 inspection and testing institutions in the inspection and testing service industry in my country (excluding Hong Kong, Macao and Taiwan), an increase of 11.
    49% over the previous year.
    The annual operating income was 322.
    509 billion yuan.
    From the perspective of the third-party testing industry, the third-party testing industry occupies about 40% of my country's testing market, and the market size in 2019 is about 129 billion yuan.
    3.
    China's comprehensive third-party testing companies are more likely to develop into industry giants, and the expansion of institutional mergers and acquisitions is accelerating
     
    3.
    China's comprehensive third-party testing companies are more likely to develop into industry giants, and the expansion of institutional mergers and acquisitions is accelerating
      Through the analysis of the development model of listed third-party testing companies, relatively large-scale testing companies can be roughly divided into the following two categories: comprehensive third-party testing companies and single subdivision track.
    Based on the development of mature overseas testing companies, comprehensive third-party testing companies are more likely to develop into industry giants.
    The main reasons are:
     
    Comprehensive third-party testing companies are more likely to develop into industry giants, the main reasons are:
      ① The detection industry is highly fragmented, and the space for a single subdivision track is generally limited;
     

      ②Comprehensive third-party testing companies can establish their own brand recognition in more subdivisions, thereby establishing higher credibility;
     

      ③Some subdivision testing services can form a certain degree of collaboration in terms of personnel and equipment.
      In recent years, single-track leading companies represented by the Soviet Test Test and China National Inspection and Quarantine Group have begun to develop into comprehensive third-party testing companies through extensional mergers and acquisitions.
    For example, the China National Inspection and Quarantine Group is a construction material inspection company.
    In recent years, it has cut into the environment, food inspection and other fields through mergers and acquisitions, and has entered into a comprehensive third-party inspection company.
      For more data and analysis, please refer to the "Three-Party Testing Industry Development Trend and Investment Decision Support Research Report" by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
    , IPO fundraising feasibility study and other solutions.

     

      Original Title: 2020 * Tripartite Testing Industry Market Status and Competitive Pattern Analysis Top Enterprises Develop into Comprehensive Enterprises
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