Document summary
The growing political will to measure and control the impact of industrial activities on the environment and public health & safety strengthens the role of verification, testing and certification players under the impetus of stricter global regulation; globalisation which makes the links between producer and consumer more complex and increases company risk; and the growing trend towards outsourcing these activities to private-sector players. In spite of the economic slowdown, these structural drivers underpin the market's organic growth of 5%-6% p.a., in addition to players' gains in market share and macroeconomic factors such as increased trade and higher raw material prices.?