Consumer Product Safety Testing Market is expected to achieve a 5.27% CAGR, growing from USD 30.746 billion in 2025 to USD 41.835 billion in 2031.
The consumer product safety testing market is anticipated to generate high revenue generation opportunities for the stakeholders. Safety testing of consumer products includes the entire process of testing and certifying those products to achieve compliance with mandated consumer product safety standards before they are sold to the end users for consumption. As literacy and education rates are rising globally, consumers are becoming aware of the need for a certain level of quality and safety in the products being purchased. Therefore, the need for consumer product safety testing arises. This is done to ensure that the products being sold by manufacturers are safe for public usage and conform to a set of standards that have been established.
The major drivers for the growth of this market include increased awareness about the importance of product safety and government and institutional regulations regarding safety. The consumer product safety testing market can be classified in the following ways: by offering, sourcing, industry vertical, and geographic region.
There has been increasing oversight from government institutional bodies in multiple nations towards product safety testing. The safety of consumers is prioritized by governments. As such, it is part of their duty to ensure that proper bodies are set up to oversee the entire safety testing procedure for several categories of products, especially those that may cause harm due to lack of safety. For instance, The United States government has set up the Consumer Product Safety Commission, which is in charge of ensuring proper testing and certification of several important products.
Increased awareness about product safety.
There is an increase in consumer awareness about the importance of product safety testing owing to the growing literacy and education rates and awareness programs. Thus, consumers are now demanding a certain level of guarantee regarding safety standards while making purchasing decisions. This has forced manufacturers to devote attention to these safety standards to ensure customer retention and continuous demand for their products. Therefore, as consumer awareness about the importance of safety testing grows, the demand for product safety testing from manufacturers will also grow to keep their products relevant, leading to the growth of the consumer product safety testing market size.
Demand for interoperability testing.
The market for consumer product safety testing is also expected to grow due to an increase in demand for interoperability testing for IoT and connected devices. Interoperability testing refers to a type of testing done on software programs or technologies to determine whether there are any compatibility issues with other software or technology and to check if there is cross-use functionality. With the increase in the usage of smart electronics and the promotion of connected device ecosystems, the need for interoperability testing will continue to increase, which will grow the consumer product safety testing market.
High cost of product safety testing.
A significant challenge faced by this industry relates to the high costs of product safety testing, which acts as a hindrance to the growth of the industry as it negatively impacts the demand. There is a huge cost associated with using product safety testing services due to the differing nature of products and different regulations for different products. Additionally, a company operating in multiple nations will have to adhere its products to the regulations and standards of each country, which sometimes vastly differ. This adds to the cost of safety testing, which makes it less cost-effective for manufacturers.
Bureau Veritas offers consumer product testing services that help manufacturers to evaluate the performance of their products with the end-users, compare it against competitors or industry standards, conform to global regulations for compliance, and analyze the impact of environmental factors on their products. The company offers a range of testing services for quality, performance, safety, electromagnetic compatibility, environmental performance, reliability, and grid connectivity.
DEKRA offers safety testing services for consumer electronic products and machinery that help manufacturers verify the safety conformance of their products to national or international standards. Their services also involve pointing out any deficiencies in products and their probable causes, which help manufacturers with identifying the problems that need to be tweaked to meet the standards.
The Asia-Pacific region is expected to account for a significant share of the consumer safety product testing market.
Asia Pacific is expected to constitute a significant share of the consumer safety product testing industry, and similar trends are expected to be followed in the forecast period. This market share is owed to the growth in electronics and automotive sectors in the major economies of the region, such as China and India, as well as the growing electronics industry bases in countries like China, South Korea, and Japan.
Chinese and Indian Market Outlook
China holds one of the largest electronics and electrical devices production bases in the world and is also considered one of the largest manufacturing hubs globally. Therefore, there will be a steady demand for product safety testing services from manufacturers in the nation to ensure that their products meet regulatory standards. In India, similarly, the increased demand for electrical products will help in driving the demand for product safety testing services, as well as from other growing industries such as automotive and semiconductors.
Forecast for the Rest of the World.
It is anticipated that North American and European markets will experience moderate growth over the projected period. The demand for consumer product safety testing in the United States is expected to surge due to an increase in industrial operations in the electronics, automobiles, and defense sectors.
Bureau Veritas SA
DEKRA
DNV
Element Materials Technology
Intertek Group PLC
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Companies |
|
Report Metric | Details |
Consumer Product Safety Testing Market Size in 2025 | USD 30.746 billion |
Consumer Product Safety Testing Market Size in 2030 | USD 40.048 billion |
Growth Rate | CAGR of 5.43% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 β 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Consumer Product Safety Testing Market |
|
Customization Scope | Free report customization with purchase |
Consumer Product Safety Testing Market Segmentation:
By Type
Electrical Safety Testing
Chemical Testing
Functional Testing
Flammability Testing
Others
By Sourcing
In-House
Outsourcing
By End-User
Consumer Electronics
IT & Telecommunication
Aerospace & Defense
Manufacturing
Semiconductor
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Taiwan
Others