Product Stewardship Market Global Trend 2020, Gross Earning and Emerging Growth Opportunity 2025 | 3E Company, Anthesis Consulting Group, Arcadis, CGI Group Inc., Cority

A recent report published by QMI on product stewardship market is a detailed assessment of the most important market dynamics. After carrying out thorough research of product stewardship market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for product stewardship during the forecast period. It can enable developers of product stewardship to change their production and marketing strategies in order to envisage maximum growth.

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Product stewardship, also known as EPR (Extended Product Responsibility), is used to reduce the environmental impact of the various products. It recognizes processes undertaken by product manufacturers, who must take on new responsibilities to lessen the footprint of their products on the environment
Segmentation for better understanding of this market and its growth prospects
The product stewardship market is segmented based on the type, and the organization size.

Based on the type, the product stewardship market is bifurcated into solutions and services. The services segment is further bifurcated into Business Consulting & Advisory Services, Deployment & Implementation Services, Audit, Assessment, & Regulatory Compliance Services, and Training & Support Services. The Services segment is expected to grow, as there are a growing number of clients requiring processing for the various phases that are involved in product stewardship. The services drive the productivity and efficiency of the processes and enable businesses to be time-efficient.

Based on the organization size, the product stewardship market is segmented as Small and Medium Enterprises and Large Enterprises. The product stewardship market has been growing for the large enterprise market. This is since large enterprises can afford the product stewardship solutions with greater ease.

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Factors that will have a significant impact on the market growth are:

o Rising awareness in organizations to ensure the health and safety of their employees
o Government guidelines regarding environment protection

Key Development:

o In December 2018, ERM Group (UK) launched a new technology platform that is designed to streamline and it enhances the way the projects are delivered across globally to provide fast, improved, and safe outcomes for its consumers, called the ERM Nexus.
o In November 2018, Sphera Solutions (US) entered into an agreement with Yokogawa Electric Corporation (Japan) where Yokogawa will offer risk assessment and consulting services for Sphera of plant facilities.

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For product stewardship market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the product stewardship market.

North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and presence of global companies to cater the potential end users are favourable for the growth of product stewardship market. Also, most of the leading companies have headquarters in these regions.The North America region has been leading the product stewardship market. There have been stringent government laws and regulations that are laid down for environmental sustainability that are driving the product stewardship market.

Asia Pacific is estimated to be one of the fastest growing markets for product stewardship market. Major countries in the Asia Pacific region are China, Japan, South Korea, India and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of product stewardship market. Middle East and rest of the World are estimated to be emerging regions for product stewardship market.

Companies Covered: 3E Company Environmental Ecological and Engineering, Anthesis Consulting Group, Arcadis, CGI Group Inc., Cority, Covestro AG, Enablon France SA, Enhesa, Enviance

Market Segmentation:

By Type:
Solutions
Services
o Business Consulting & Advisory Services
o Deployment & Implementation Services
o Audit, Assessment, & Regulatory Compliance
Services
o Training & Support Services

By Organization Size:
o Small and Medium Enterprises
o Large Enterprises

By Region:

North America
o By Country (US, Canada, Mexico)
o By Type
o By Organization Size

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Organization Size

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Organization Size

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Organization Size

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Organization Size

Rest of the World
o By Region (South America, Africa)
o By Type
o By Organization Size

Reasons To Buy This Report:

o Market size estimation of the global Product Stewardship Market on regional and global basis
o Unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
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Pune, Maharashtra 411028
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Email: sales@quincemarketinsights.com
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This release was published on openPR.