Perceived Cost Barriers to Improving Product Safety Unfounded, Indicates New Global Research

Perceived cost barriers to improving product safety are unfounded, indicates new independent global research released today by TÜV SÜD, one of the world’s leading providers of testing, inspection and certification services. The study, named the TÜV SÜD Safety Gauge, to the contrary suggests that escalating consumer demand coupled with substantial annual recall costs, mean investing in enhanced product safety should not only improve consumer wellbeing but drive commercial success. The research is the first to investigate product safety practices alongside consumer attitudes and experiences in the consumer electronics, children’s products and food sectors.

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