Core Viewpoint - The textile raw material testing industry is crucial for ensuring the quality and safety of textile products, with increasing market demand driven by consumer awareness and regulatory requirements [1][4]. Industry Overview - Textile raw material testing is defined as a series of physical, chemical, and performance tests on fibers, yarns, and fabrics to ensure compliance with relevant standards and regulations [2]. - The industry has seen a continuous growth in market demand, with the number of testing reports expected to reach 211,600 in 2024, an increase of 4,900 from 2023, and a market size of 43.3 billion yuan, up by 500 million yuan [4][6]. Market Trends - The average price of textile raw material testing is projected to rise from 425 yuan per report in 2016 to 489 yuan in 2024, with an expected increase to 495 yuan in 2025 [4][6]. - The industry is evolving towards faster and more precise testing technologies, such as near-infrared online testing and molecular-level component analysis, in response to consumer demands for safety, functionality, and environmental sustainability [4][9]. Competitive Landscape - The textile raw material testing industry in China is characterized by a low concentration of firms, with numerous players including China Textile Science Research Institute, CTI Huace Testing, and Zhongfang Biao Testing [7]. - Major companies like Zhongfang Biao and Tianfang Biao are expanding their market presence and improving operational efficiency, with Zhongfang Biao reporting a revenue of 164 million yuan and a gross margin of 48.42% in 2024 [8]. Industry Challenges and Strategies - The industry faces challenges in adapting existing testing standards and methods to new textile materials and manufacturing technologies, which may hinder the timely assessment of product quality and safety [9]. - Continuous improvement and innovation in testing methods are essential for meeting consumer demands and ensuring the sustainable development of the textile industry [9][10].