Press release
Global Product Stewardship Market Analysis to 2027 Lead By Anthesis Consulting Group, Arcadis NV, CGI, Enablon, Enviance, ERM Group, Gensuite, Intelex Technologies, SAP SE, Verisk 3E Company
Global Product Stewardship Market
Product stewardship also refers to as Extended Producer Responsibility (EPR) is an environmental management strategy. It is an act defining the designer, producer, or seller to take responsibility regarding the minimization of the safety, health, environmental, as well as social impacts of a product and its packaging across all lifecycle stages, along with maximizing economic benefits. In this process, the enormous responsibility is on the entity with the utmost ability to affect the complete lifecycle environmental impacts of the product; in most cases, it is the manufacturer of the product.
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Key Companies:
1.Anthesis Consulting Group PLC
2.Arcadis NV
3.CGI Inc.
4.Enablon
5.Enviance
6.ERM Group, Inc.
7.Gensuite
8.Intelex Technologies Inc.
9.SAP SE
10.Verisk 3E Compan
The rising awareness for ensuring the safety and health of employees, environment protection, as well as government regulations among organizations is the key factor propelling the growth of product stewardship market. Since it is a concept recognized as producer responsibility, the manufacturers are accountable for their products' shelf-life. Manufacturers are focusing on organic packaging owing to increasing demand for eco-friendly products. Such awareness among people has augmented the popularity of product stewardship market.
MARKET SEGMENTATION
The global product stewardship market is segmented on the basis of component and organization size. Based on the component, the market is bifurcated into solution and services. The services segment is further sub-segmented into business consulting and advisory services; audit, assessment and regulatory compliance services; deployment and implementation services; and training and support services. The organization size segment of product stewardship market is classified into large enterprises and SMEs.
The report analyzes factors affecting the product stewardship market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and SAM after evaluating political, economic, social and technological factors affecting the product stewardship market in these regions. The reports cover key developments in the product stewardship market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from product stewardship market are anticipated to lucrative growth opportunities in the future with the rising demand for product stewardship in the global market.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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