Put to the test: Mixed demand and increasing competition are likely to limit industry growth

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...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Australia's regulatory environment contributes to demand for the industry's services
  • Larger players have benefited from the growing demand for industry services
  • Greater price competition is expected to decrease profit margins over the next five years
  • Industry Report - Industry Analysis Chapter

    The Materials Testing Services industry provides a range of specialised materials and products testing services to clients. Over the past five years, the industry has benefited from increased demand from a range of wholesaling companies importing consumer goods, as well as building construction companies requiring construction materials testing. However, demand has fallen from mining firms and manufacturers over the past five years.Revenue and profit growthIndustry growth has been moderate over the past five years, with steady demand from the need to ensure that imported products meet Australian product safety standards. More local firms have been outsourcing manufacturing processes, and the subsequent import growth has contributed to industry demand. Ind...purchase to read more.

    Additional Insights for the Materials Testing Services Industry

    IBISWorld has determined the most important Key Success Factors for the Materials Testing Services are:

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

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    What's in this report

    What is the Materials Testing Services Industry?

    Industry firms test materials for a variety of applications and downstream industries. Materials testing includes analysing metals, composites, ceramics, polymers, textiles, concrete and geomaterials.

    Industry Products
  • Consumer goods testing
  • Construction and mining materials testing
  • Intermediate input materials testing
  • Equipment testing
  • Consulting and training services
  • Industry Activities
  • Construction materials testing
  • Consumer product testing
  • Polymer products testing
  • Metals and chemical testing
  • Electronic component testing
  • Equipment testing
  • Other materials testing
  • Table of Contents

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

  • Current Performance
  • Revenue and profit growth
  • Mixed company expansion
  • 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

  • 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
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Rent and utilities
  • Other
  • 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
    ALS Limited, SGS Australia Holdings Pty Ltd,
  • Table: ALS Limited - financial performance
  • Table: SGS Australia Holdings Pty Ltd - financial performance

  • 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
    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
  • 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
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Materials Testing Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    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
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    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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