Management System Certification Market Share, Size, Trends, Industry Analysis Report, 2022 - 2030
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Management System Certification Market Share, Size, Trends, Industry Analysis Report, 2022 - 2030

REPORT DETAILS

Report Code: PM2389
No. of Pages: 111
Format: PDF
Published Date:
Base Year: 2021
Author: Likhil Gajbhiye
Historical Data: 2018 - 2020

REPORT DETAILS

Report Code: PM2389
Published Date:
No. of Pages: 111
Historical Data: 2018 - 2020
Format: PDF
Author: Likhil Gajbhiye
Base Year: 2021
Management System Certification Market Share, Size, Trends, Industry Analysis Report, By Service (Certification & Verification, Training & Business Assurance); By Certificate; By Application; By Region; Segment Forecast, 2022 - 2030

The global management system certification market was valued at USD 25.68 billion in 2021 and is expected to grow at a CAGR of 5.2% during the forecast period. The rising number of stringent norms to meet quality standards and the availability of favorable government policies for certified products are the major factors that foster the management system certification market demand.

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In addition, rising public awareness for the consumption of the quality product, as well as growing needs for quality-rich products among various end-user companies, are anticipated to accelerate the management system certification market growth. Moreover, an increase in disposable income is leading a large group of the population to be inclined toward branded products, further acting as a catalyzing factor for the industry growth over the forecasting years.

The outbreak of the COVID-19 has created unprecedented turmoil and drastically affected organizations and the economy globally. The management system certification market was also negatively affected during this period owing to the strict lockdown as the product demand of various end-user industries such as consumer goods & retail, automotive, food & beverages experienced a downfall.

On the other hand, the healthcare sector boosts the product demand during the pandemic. Consequentially, the industry experienced growth in the healthcare sector compared to other end-use verticals experienced brings a significant upsurge in the industry. However, the gradual opening of the lockdowns is also presenting various growth prospects for the management system certification market growth in the projected years.

Industry Dynamics

Growth Drivers


The rising disposable income and shifting demand towards the adoption of branded products or certified products by the population are the factors that are likely to propel industry growth in the foreseen years. The government, manufacturers, and public spending on the quality of products are increasing due to the threat of allergies and side effects of low-quality products across the world.

Hence, branded and certified products are gaining huge traction that accelerates the industry growth. Moreover, the rising demand for consumable goods, health care services, and other end-user industries is anticipating fostering industry growth. For instance, the demand for the food & beverages industry is increasing rapidly in China and India due to the escalating population. For instance, as per the Indian Brand Equity Foundation (IBEF), in 2020, the food & beverages industry will account for about 3% of the country’s GDP.

Accordingly, the growth of the food & beverage industry is bolstering the demand owing to the rising need for high-quality and safe products to maintain the health & hygiene of the consumers. Furthermore, increasing R&D activities, rising investment, product launches, infrastructure improvements, etc., towards the enhancement and improvement of the industry will also augment growth expansion in the coming years.

Management System Certification Market
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Report Segmentation

The market is primarily segmented based on certification, service, application, and region.

 By Certification

By Service

By Application

By Region

  • Product Certification
  • System Certification
  • Certification & Verification
  • Training & Business Assurance
  • Consumer Goods & Retail
  • Agriculture & Food
  • Construction & Infrastructure
  • Energy & Power
  • Industrial & Manufacturing
  • Medical & Life Sciences
  • Oil & Gas & Petroleum
  • Automotive
  • Aerospace
  • Marine
  • IT & Telecom
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Spain, Netherlands, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Insight by Certification

The product certificate segment is deemed to be the dominating in 2021 across the world. It is expected to hold the highest market shares owing to factors such as the imposition of stringent government regulations for the certified product and growing digitalization, and increasing online shopping.

For instance, according to the International Standard Organization, in 2020, the ISO has introduced protocols and certifications for the quality of the products. It includes ISO 9001 for the quality management systems, ISO /IEC 27001 for the quality control of Information technology, and ISO 14001 for the quality control of environmental management systems. Accordingly, these factors are expected to stimulate segment dominance in the forecasting period.

The management system certificate is estimated to attain a lucrative growth rate in the forecast period. Management system certification is rising rapidly all over the globe due to rising digitalization, increasing penetration of smart technologies, and growing demand for electronic appliances.

For instance, as per the United Nations, the demand for digitalization globally leads to the rising adoption of electronic devices in 2020. Also, around 50 percent of the global population is using electronic devices in the present scenario, and it is likely to grow in the approaching years. Thereby, the rising need for accuracy and speed in manufacturing designing, manufacturing, and repairing industries further acts as a catalyzing factor for the industry demand worldwide.

Geographic Overview

Asia Pacific accounted for the largest revenue share in the global market. The increasing digitalization and rapid penetration of novel technology towards the improved product quality coupled with the rising disposable income of the population are the major factors that are surging the market demand across the region.

In addition, the growth of end-use industries, which include food & beverages, IT sector, and healthcare, coupled with the rising population, creates beneficial growth for the market. Moreover, the presence of leading companies in the region, as well as the growth of the emerging markets in China, Japan, and India, are also anticipated to drive the market growth. Moreover, the North American market is anticipated to exhibit the highest CAGR over the forecasting years owing to changing lifestyles and raising public awareness of the adoption of branded products.

The rising disposable income enables people to pay an extra amount for the adoption of quality products, along with rising health consciousness is accelerating the demand for certified consumable goods and other products for safety purposes. Moreover, the execution of government policies for the adoption of management system certification is further offering growth prospects to the market growth in the near future.

Competitive Insight

Some of the major players operating in the global market include ALS Limited, Applus+, Bureau Veritas, Dekra SE, DNV GL, Eurofins Scientific, Finecert, GCL International, Intertek, IRClass, Lloyd’s Register Group Limited, Rina S.P.A., SGS Group, Tüv Rheinland, and United Registrar of Systems (URS).

List Of Key Companies:

  • ALS Limited
  • Applus+
  • Bureau Veritas
  • Dekra SE
  • DNV GL
  • Eurofins Scientific
  • Finecert
  • GCL International
  • Intertek
  • IRClass
  • Lloyd’s Register Group Limited
  • Rina S.P.A.
  • SGS Group
  • Tüv Rheinland
  • United Registrar of Systems (URS)

Recent Developments:

  • In April 2025, the EU Machinery Regulation designated TÜV Rheinland as an official Notified Body, authorizing the company to conduct conformity assessments for machinery products under the new regulatory framework, thereby supporting manufacturers in achieving EU compliance and market readiness.
  • In January 2025, XYZ Robotics China Inc.’s Mobile Manipulation Robot (MMR) RockyOne received CE-MD certification from TÜV Rheinland (China), confirming compliance with the EU Machinery Directive for European market entry.
  • In December 2024, Luxury Brand Services was acquired by Bureau Veritas to strengthen quality assurance and control services in the luxury market. This acquisition aligns with LEAP | 28, expanding Bureau Veritas’ presence in the luxury and fashion sector while enhancing logistics solutions across Italy.

Management System Certification Market Report Scope

Report Attributes

Details

Market size value in 2021

USD 25.68 Billion

Revenue forecast in 2030

USD 40.53 Billion

CAGR

5.2% from 2022 - 2030

Base year

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD Million/Billion and CAGR from 2022 to 2030

Segments covered

By Certification, By Service, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Key companies

ALS Limited, Applus+, Bureau Veritas, Dekra SE, DNV GL, Eurofins Scientific, Finecert, GCL International, Intertek, IRClass, Lloyd’s Register Group Limited, Rina S.P.A., SGS Group, Tüv Rheinland, and United Registrar of Systems (URS)

FAQ's

According to Polaris Market Research, the global management system certification market was valued at USD 25.68 billion in 2021, projected to reach USD 40.53 billion by 2030.

Polaris Market Research projects the global management system certification market to expand at a steady CAGR of 5.2% throughout the 2022–2030 forecast period.

Per Polaris Market Research, the product certification segment dominates, driven by stringent government regulations, growing digitalization, and rising demand for ISO-certified products.

According to Polaris Market Research, the certification and verification services segment leads, as it ensures product quality, safety, reliability, and uniformity throughout the entire product development lifecycle.

Polaris Market Research identifies surging demand for safe products, rising illicit trade of counterfeit goods, and stringent government regulations as primary market growth drivers.

Page last updated on: Jan-2023

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