Latin America ISO Certification Market

The demand for Latin America ISO certification market in terms of revenue was estimated of USD 338.5 Million in 2020 and is expected to reach USD 250.5 Million in 2027, growing at a CAGR of -4.57% from 2020 to 2027.

Scope of Latin America ISO certification Market Report -

Latin America ISO certification is an approval hallmark provided or obtained from the 3rd party company that operated by the ISO management systems, which is an internationally recognized management system. This certification states that the business is authentic and credible towards their clients & will fulfil the assurances made by them.

ISO certification confirms that a documentation procedure, management system, manufacturing process and service consist of all the requirements for quality assurance & standardization. This ISO is an international, non-governmental, and independent organization which has set the standards to declare the safety, efficiency and quality of the products, systems, and services. Many industry areas in Latin America including Brazil, Mexico has required to do ISO certifications whether it is for social responsibility or energy management or medical devices or energy management. ISO certifications with its benefits of inventing processes and help as a marketing tool.

ISO is an international certification enables to grow business consistently and achieve the desired target with enhanced branding. Each of the Latin America ISO certification has different criteria and standards which are categorized numerically. ISO certification is overall proof that an association actually fulfil with management quality standards. ISO certification detects the problems quickly and proposes their solutions.

The biggest achievement of the organization is to transport customer satisfaction and one of the welfares of ISO certification is that it is assembled about transporting enhanced customer satisfaction. However, the market is showing a decline owing to the lack of awareness and complexity of documents needed for ISO certification in this region.

Latin America ISO Certification Market Player -

• Bureau Veritas
• DEKRA Certification Inc
• DQS Inc
• Schellman & Company
• DNV GL AS (International Standards Certifications Latin America FZ LLC)
• Lloyd’s Register Group Services Limited
• Intertek
• The British Standards Institution
• NQA
• URS Holdings
• Perry Johnson Registrar (PJR)
• Others

Latin America ISO Certification Market Segmentation -

The study provides a crucial view of Latin America ISO Certification market by segmenting the market based on certification and industry. Based on the certification the Latin America ISO certification market is segmented into ISO 9001:2015, ISO 27001-2013, ISO 22301: 2019, CSA Star Level 2, ISO 14001: 2015, ISO Lead Auditor Training, CMMC /CMMI for Security and Standard AS 9100D: 2016. Based on the industry, the Latin America ISO certification market is segmented into Aerospace, Business process outsourcing (BPO), Construction, Chemical and Fiber, Information Technology, Machinery and Equipment, Metallurgy, Retail, Transportation, Storage and Communication, and Other Sectors.

The Latin America ISO Certification market research reports segments as follows:

By Certification

• ISO 9001:2015
• ISO 27001:2013
• ISO 27301:2019
• CSA Star Level
• ISO 14001:2015
• ISO Lead Auditor Training
• CMMC/CMMI for Security
• Standard AS 9100D:2016

By Industry

• Aerospace
• Business process outsourcing (BPO)
• Construction
• Chemical and Fiber
• Information Technology
• Machinery and Equipment
• Metallurgy
• Retail
• Transportation, Storage and Communication
• Other Sectors

Several factors are contributing to the growth of the ISO certification market across the Latin America over the forecast period including rising awareness among population, industrialist & manufacturer for the standard quality products and services. The awareness about the ISO certification is steadily increasing in the region. For example, as the number of new small or major businesses establishes, they need to be approved with ISO certification for its safety and quality. Therefore, the demand for ISO certificates increases with expanding new businesses in the Latin America.

For example, ISO certification helps new businesses to establish excellent safety standards, improve production efficiencies, enhance work culture, reduce errors and promote customer satisfaction. In addition, rising awareness regarding standard quality and safety of the products among manufacturing companies in Mexico is another factor set to enhance the growth of ISO certification market in Latin America over the forecast period. For example, manufacturing companies that are willing to adapt to ISO standards benefit from a competitive edge and a number of other advantages in Mexico. Furthermore, numbers of service providers in the Latin America region including Brazil and Mexico will also supporting growth of the market.

For example, BQSR is accredited by international accreditation service IAS. It is an ISO certification body which provides ISO certifications in Mexico. BQSR certification will help consumers in the market to be better in a competitive in the region like Mexico. In Brazil, TNV is an ISO Certification body which provide management system certification services (ISO Certification).

However, lack of awareness of the ISO among the business leaders, increasing the complexity of the business due to this long certification process may limiting the growth of the ISO certification market growth in the Latin America. For example, ISO 9001 certifications have seen a decline during the past two years, as per data from the International Organization for Standardization (ISO) as the ISO has gotten too complicated with the introduction of organizational context, risk-based thinking, and the removal of mandatory documented procedures in this region.

The certification segment of Latin America ISO certification market is dominated by ISO 9001:2015 drive with the largest market share of 65.99% in 2020. The industry segment of Latin America ISO certification market is dominated by Metallurgy drive with largest share of 28.63% in year 2020.

Market Trends of  Latin American ISO certification Market Report -

Latin American ISO certification connects responsible environmental, business and management practices with consumers and provides a consistent, international basis for any organization that claims about the quality of service they provide. It is a seal of approval from a third-party body that a company runs to one of the international standards developed and published by the International Organization for Standardization (ISO). The ISO are an independent, non-governmental international organization who brings together experts to share knowledge and develop international standards that support innovation and provide solutions to global challenges.

ISO certification shows key stakeholders that they have a well-run business that has structure, is stable and ready for growth. Each ISO standard has its own benefits of ISO certification for any organization such as it ensures that product or service of the company, is controlled, consistent & will improve, it Gives customers confidence that business is well run, and it is often a requirement before business can tender for work.

Some of the Major Trends of the Latin American ISO Certification Market are such as -

A) ISO 9000:- The ISO 9000 certification family, in which ISO 9001 sets out the criteria for a quality management system and is the only standard in the family that can be certified to. It can be used by any large or small organization irrespective of its field of activity.

In fact, there were nearly 17,503 valid ISO 9001 certificates in Brazil, about 7002 ISO certifications in Mexico, and roughly 6128 in Argentina. This standard is based on a number of quality management principles which includes the motivation & implication of top management, a strong customer focus, the process approach and continual improvement. These principles are explained in more detail in ISO’s quality management principles. Using ISO 9001 helps ensure that customers get consistent, good-quality products and services, which in turn brings many business benefits.

B) ISO 14000:- Any company and any type of organizations that require practical tools to manage their environmental responsibilities, there’s the ISO 14000 family. This ISO 14000 is a family of standards concerning to the environment. It includes multiple standards, similar to ISO 9000, in which ISO 14001:2015 is the most popular in the family and is the only one in which an organization can be certified. It establishes requirements for an Environmental Management System (EMS) and is based on the continuous improvement model PDCA (Plan-Do-Check-Act). Approximately 3001 certificates of 14000 are there in Brazil and about 1805 in Mexico. It is a voluntary standard that can put in place by companies who want to improve their processes and is very popular with over 300,000 certifications in 171 countries including Latin America. It is nothing but a set of guidelines and standards generated to help companies address their environmental effect. Several organizations are using ISO 14000 family to set and eventually attain environmentally friendly business aims and objectives.

C) ISO 45000:- The organizations that are serious about improving employee safety by reducing workplace risks and by creating better, safer working conditions, there’s ISO 45000 family. Mexico noted the maximum number of road traffic loss of life and injuries for vehicles, with above 1900 deaths in 2019, thus an ISO committee of occupational health & safety experts are set to work to develop an International Standard with the potential to save millions of lives each year.

ISO 45001 is a collection of rules for avoiding and decreasing occupational losses and injuries; this is why many organizations are adopting this certification. About 698 valid certificates are there in Brazil while nearly 667 in Peru. Structured in a similar way to other ISO management systems, the approach will be familiar to users of standards such as ISO 14001 or ISO 9001. ISO 45001 builds on the success of earlier international standards in this area such as various national standards and the ILO’s international labor standards and conventions.

D) ISO 13485:- As safety & quality are non-negotiable in the medical devices industry, thus this ISO 13485 standard was developed. Regulatory requirements are increasingly stringent throughout each step of a product’s life cycle, including service and delivery.

Progressively, organizations in the industry are anticipated to determine their quality management procedures and confirm best practice in everything they do. Thus, just almost 221 certificates are being used in Brazil as well as 165 in Mexico. This agreed standard sets out the needs for a quality management system particular to the medical devices industry globally.

E) ISO/IEC 27000:- Organizations can rely on the ISO/IEC 27000 family when it comes to keeping information assets secure. This ISO/IEC 27001 is widely known for providing requirements for an information security management system (ISMS), though there are more than a dozen standards in the ISO/IEC 27000 family. For instance, there are around 148 certificates of ISO 27000 in Brazil and 258 in Mexico. Using them enable organizations of any kind to manage the security of assets such as intellectual property, financial information, employee details or information entrusted by third parties.

F) ISO 22000:- The ISO 22000 standard is concentrated on the development & implementation of a food security management system and can support any organization that works in the food chain. This ISO standard include 22002 for food manufacturing, 22001 for food and drink, and more. This family is used in a multiplicity of organizations directly or indirectly contributed with food. These comprise noticeable selections such as restaurants of any kind and also companies like food manufacturers or even food transportation services such as caterers.

The ISO 22000 is one of the more common standards, with more than 100 certifications in Brazil, nearly 257 in Mexico, and almost 70 in Argentina. It can be applied on its private or incorporated with ISO 9001. 22000 is recently under revision with the modernized version predictable to be released early 2017.

G) ISO 37001:- Nothing undermines effective institutions and equitable business more than bribery, which is why there’s ISO 37001 standard as transparency and trust are the building blocks of any organization’s credibility. It’s the International Standard that allows organizations of all types to detect, prevent and address bribery by adopting an anti-bribery policy, appointing a person to oversee anti-bribery compliance, training, risk assessments and due conscientiousness on projects & business associates, implementing financial & commercial controls and instituting reporting and investigation procedures. For example; around 307 ISO certificates were implemented in Peru country while 94 certificates in Mexico and 89 in Brazil.

ISO 37001 is one of the world’s most critical & challenging issues head-on and determines a dedicated method to stamping out corruption. This is for providing a globally recognized way to address a destructive criminal activity that turns over a trillion dollars of dirty money each year.

H) ISO 50001:- The ISO 50001 certification standard was established for organizations dedicated to addressing their impact, protecting resources and cultivating the bottom line over well-organized energy management. It is considered to support administrations in wholly sectors and also this ISO standard delivers a practical mode to expand energy use, through the development of an energy management system (EnMS). This certification is significantly works on basis of the management system model of persistent enhancement also used for other well-known standards such as ISO 9001 or ISO This makes it stress-free for establishments to integrate energy management into their inclusive efforts to advance quality and environmental management. It brings a framework of requirements for establishments to progress a policy for more effective use of energy, fix targets and objectives to meet the policy, measure the results, usage documents to better understand and take judgments regarding energy use, review how well the policy works and persistently advance energy management.

I) ISO 39001:- ISO 39001 certification recognizes requirements for a road traffic safety (RTS) management system to allow an association that interacts with the road traffic system to lessen death and severe injuries associated to road traffic crashes which it can influence. Road Traffic Safety is deliberated as a major issue, as the number of accidents that happen across Latin America is continuously rising. For instance, there were about 19.2 road fatalities per 100,000 inhabitants in Latin America in 2018. This certification sets the requirements for the implementation of a Road Traffic Safety Management System which confirms great quality and effectiveness in road traffic management.

J) ISO/IEC 20000-1:- ISO/IEC 20000-1 is a service management system standard. It identifies necessities for the service provider to propose, establish, operate, implements, review, monitor, continues, and advance an SMS. The requirements comprise the transition, design, delivery, and development of services to fulfill approved service necessities. ISO/IEC 20000-1 can be used by an organization looking for services from service providers and the demanding a declaration that their service desires will be fulfilled.

On average, there are 102 valid ISO 20000-1 certificate in Mexico, nearly 69 in Brazil, 18 certificates in Peru, as well as 16 in Chile. To monitor, measure, and review its service management procedures and services, many businesses are using ISO/IEC 20000-1 certification in Latin America.

Thus, these can be considered as some of the major trends of the Latin America ISO certification market.

This Report is also available for the below regions mentioned:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

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Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2021 - 2027
Market Size in 2020:	338.5 Million
Base year considered	2020
Forecast Period CAGR %:	-4.57%
Market Size Expected in 2027:	USD 250.5 Million
Tables, Charts & Figures:	175
Pages	197
Key Players/Companies	Bureau Veritas, DEKRA Certification Inc, DQS Inc, Schellman & Company, DNV GL AS (International Standards Certifications Latin America FZ LLC), Lloyd’s Register Group Services Limited, Intertek, The British Standards Institution, NQA, URS Holdings, Perry Johnson Registrar (PJR), Others,
Segments Covered	By Certification, By Industry
Regional Analysis	North America, U.S., Canada, , Europe, Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe, Asia-Pacific, South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC, Latin America, Mexico, Colombia, Brazil, Argentina, Peru, Rest of South America, Middle East and Africa, Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA