Testing times: International agreements on safety standards could reduce industry demand

IBISWorld’s Materials Testing Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Australia's regulatory environment fuels demand for the industry's services
  • Larger players have benefited from the growing demand for industry services
  • Greater price competition across the major players is expected to decrease profit margins over the next five years

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    Industry Analysis & Industry Trends

    The Materials Testing Services industry tests a range of items or substances used to construct, produce, manufacture and wholesale many outputs, such as machinery, equipment, property, infrastructure, textiles and final goods. These items include metals, polymers, concrete, asphalt, ores, metals and chemicals, and consumer products. For example, soils might be tested for particle size and compaction in the construction sector, whereas bricks and concrete might be tested for durability and consistency.

    As Australia has an established and sophisticated regulatory system, the industry's testing services are an essential requirement for suppliers of goods, property and infrastructure...

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    What is the Materials Testing Services industry?

    Entry barriers to the industry are moderate and increasing. Some of the major barriers for new companies looking to enter the industry include the expense of buying or leasing specialised testing equipment, computer hardware and software technology. Added to these expenses are high wage costs, due to the need for highly skilled staff to operate the machinery. Staff members normally come from a technical field of expertise and need to have a comprehensive understanding of tested materials.

    The industry's moderate and increasing level of market share concentration can act as a deterrent to new industry entrants. Man...

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    Additional Insights for the Materials Testing Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Materials Testing Services Industry are

  • Effective cost controls
  • Recommendation or accreditation from authoritative source
  • Qualified work force
  • IBISWorld analysts also discuss how external factors such as Demand from heavy and civil engineering construction and Demand from machinery and equipment wholesaling in the Materials Testing Services industry impact industry performance..

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    Products & Brands

    Major products in this industry
    Consumer goods testing
    Construction and mining materials testing
    Intermediate input materials testing
    Equipment testing
    Consulting and training services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from heavy and civil engineering construction
  • Demand from machinery and equipment wholesaling
  • Demand from manufacturing
  • Demand from mining
  • Demand from motor vehicle and motor vehicle parts wholesaling

  • Current Performance
  • Revenue and profit growth
  • Company growth
  • Construction and mining demand
  • Safety standards
  • Chart: Revenue Growth

  • Industry Outlook
  • Future revenue and profit growth
  • Construction demand
  • Mining and other demand
  • Safety standards and consolidation
  • Table: Materials Testing Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Materials Testing Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Mining
  • Manufacturing
  • Construction
  • Wholesale Trade

  • Key Selling Industries
  • Computer and Computer Peripheral Wholesaling
  • Industrial and Agricultural Chemical Product Wholesaling
  • Measurement and Other Scientific Equipment Manufacturing

  • Products & Services
  • Intermediate input materials testing
  • Construction and mining materials testing
  • Consumer goods testing
  • Equipment testing
  • Consulting and training services
  • Chart: Materials Testing Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Mining and construction firms
  • Wholesaling firms
  • Manufacturing firms
  • Governments and utilities firms
  • Other firms
  • Chart: Major Market Segmentation for the Materials Testing Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Materials Testing Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Materials Testing Services Industry

  • Industry Globalization
    Major Companies
    ALS LimitedSGS Australia Holdings Pty Ltd
  • Table: ALS Limited - financial performance
  • Table: SGS Australia Holdings Pty Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Materials Testing Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Materials Testing Services Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • The Australian Competition and Consumer Commission is the regulatory body responsible for the enforcement of Australian consumer law.
  • National Association Of Testing Authorities (Nata)
  • A regulatory body in Australia that is responsible for the accreditation of testing bodies in Australia.
  • Polymers
  • Materials that are made up of a structurally strong chemical compound
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Materials Testing Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Materials Testing Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Materials Testing Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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