Press release
Environmental Product Declaration (EPD) Services Market Future Business Opportunities 2025-2032
The Environmental Product Declaration (EPD) Services market is experiencing significant growth as sustainability becomes a key focus for industries worldwide. With increasing regulations aimed at promoting transparency in environmental impacts, businesses are compelled to adopt EPDs to demonstrate their commitment to sustainable practices. The Global Environmental Product Declaration (EPD) Services Market size is estimated to be valued at USD 6.9 billion in 2025 and is expected to reach USD 12.4 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2025 to 2032.➤Strategic Actionable Insights for the Market:
Companies are increasingly investing in EPD services as they seek to improve their sustainability credentials and meet consumer demand for transparency. For instance, 63% of consumers are willing to pay more for sustainable products, creating a lucrative market opportunity for EPD service providers.
The construction industry is a major driver for EPD services, with a reported 45% of all EPDs created for building materials. This trend highlights the necessity for manufacturers to communicate the environmental impacts of their products effectively.
The integration of digital solutions in EPD development, such as software platforms that streamline data collection and reporting, is expected to enhance efficiency and reduce costs. A recent study indicated that companies using digital tools for EPDs reported a 30% reduction in preparation time.
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➤Leading Companies of the Market:
DNV GL
SGS SA
UL Environment
Carbon Trust
EcoCycle
Thinkstep
SCS Global Services
Bureau Veritas
International EPD System
Green Building Initiative
EPD Norway
Sustainable Solutions Corporation
Leading companies in the EPD Services market are adopting various competitive strategies to enhance their market position. For example, DNV GL has expanded its service offerings to include comprehensive sustainability consulting, which has resulted in a 15% growth in their EPD-related services over the past year. Similarly, UL Environment has formed strategic alliances with construction firms to integrate EPD services into their product lines, significantly boosting their client base.
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➤Market Taxonomy and Regional Coverage of Report:
Identify Comprehensive Market Taxonomy of the Report:
By Type: Type III EPDs, Type II EPDs, and Others.
By Application: Construction, Manufacturing, Automotive, and Others.
By Material: Concrete, Wood, Steel, and Others.
➤ Regional and Country Analysis:
• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Benelux, Denmark, Norway, Sweden, Russia, and Rest of Europe
• Asia Pacific: China, Taiwan, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Australia, and Rest of Asia Pacific
• Middle East & Africa: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, South Africa, North Africa, Central Africa, and Rest of MEA.
➤Key Reasons for Buying the Environmental Product Declaration (EPD) Services Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision-making processes for businesses along with detailed strategic planning methodologies
The report offers forecast data and an assessment of the Environmental Product Declaration (EPD) Services market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Environmental Product Declaration (EPD) Services market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Environmental Product Declaration (EPD) Services market.
➤Key Growth Drivers Fueling Market Expansion:
The growth of the Environmental Product Declaration (EPD) Services market is primarily driven by several key factors. First, stringent regulations regarding environmental transparency have significantly increased the demand for EPDs across various industries. For example, the European Union's Green Deal aims to make Europe climate-neutral by 2050, which places a strong emphasis on sustainability and the use of EPDs. Second, rising consumer awareness about environmental issues is pushing companies to adopt EPDs to enhance their brand reputation. Approximately 74% of millennials are willing to switch brands if they perceive a brand is more environmentally friendly. Third, the construction industry's rapid growth is creating a substantial demand for EPD services, as builders seek to demonstrate the sustainability of their materials. Lastly, technological advancements in data collection and reporting are streamlining the EPD process, making it more accessible for companies to produce EPDs efficiently.
➤Emerging Trends and Market Shift:
Emerging trends in the Environmental Product Declaration (EPD) Services market indicate a shift towards more comprehensive and detailed declarations. Companies are increasingly recognizing the importance of life cycle assessments (LCAs) in creating EPDs that not only provide environmental impact data but also highlight improvements over time. Additionally, there is a growing emphasis on digital EPDs, which allow for real-time updates and easier access for consumers and businesses alike. As sustainability becomes a central theme in corporate strategies, EPDs are evolving beyond compliance to become essential communication tools for environmental performance.
➤High-Impact Market Opportunities by Segment and Region:
In the construction segment, there is a high-impact opportunity for EPD services as green building certifications, such as LEED and BREEAM, increasingly require EPDs as part of the compliance process. This presents a lucrative market for EPD providers to collaborate with construction firms to facilitate their certification processes. In the manufacturing sector, companies are looking to differentiate their products through sustainability claims, presenting a significant opportunity for EPD services to help manufacturers validate their environmental claims. Regionally, in North America, the push for sustainable practices in construction and manufacturing is driving demand for EPD services, creating opportunities for service providers to expand their offerings and capture market share.
➤Frequently Asked Questions:
Who are the dominant players in the Environmental Product Declaration (EPD) Services market?
- Dominant players include DNV GL, SGS SA, and UL Environment, who are leading the market with comprehensive sustainability consulting and EPD services.
What will be the size of the Environmental Product Declaration (EPD) Services market in the coming years?
- The market is expected to reach USD 12.4 billion by 2032, growing at a CAGR of 8.5% from 2025.
Which end-user industry has the largest growth opportunity?
- The construction industry has the largest growth opportunity as it increasingly adopts EPDs to meet sustainability standards.
How will market development trends evolve over the next five years?
- Trends are expected to focus on digital EPDs and comprehensive life cycle assessments, enhancing the transparency and accessibility of environmental data.
What is the nature of the competitive landscape and challenges in the Environmental Product Declaration (EPD) Services market?
- The competitive landscape is characterized by a mix of established players and new entrants, with challenges including regulatory compliance and the need for innovative solutions.
What go-to-market strategies are commonly adopted in the Environmental Product Declaration (EPD) Services market?
- Common strategies include forming strategic partnerships with construction firms and leveraging digital tools to enhance service offerings.
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Mr. Shah
Worldwide Market Reports,
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About WMR:
Worldwide Market Reports is global business intelligence firm offering market intelligence report, database, and competitive intelligence reports. We offer reports across various industry domains and an exhaustive list of sub-domains through our varied expertise of consultants having more than 15 years of experience in each industry verticals. With more than 300+ analyst and consultants on board, the company offers in-depth market analysis and helps clients take vital decisions impacting their revenues and growth roadmap.
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