Global Product Stewardship Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global product stewardship market will account to an estimated USD 781.02 million in 2018 growing at a CAGR of 8.11% during the forecast period of 2019 to 2026.

Global Product Stewardship Market

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Global Product Stewardship Market

Product stewardship is an environmental management strategy according to which whoever design, sells or create the product has to take responsibility for the products environmental impact through all stages of the product lifecycle. This includes planning and even paying for the recycling and disposable for products. This is a long term solution for the safety of the environment & waste management where the concerned person in the chain who has the ability to impact the environment has greater responsibility.

Segmentation: Global Product Stewardship Market

Global metal powder market is segmented on the basis of type, organization type and geography.

By Type (Solutions, Services), Organization Size (SMEs, Large Enterprises), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

FACTORS DRIVING GROWTH IN PRODUCT STEWARDSHIP MARKET

Recent Developments in the market

  • In July 2016, Product Stewardship Institutes announce the launch of their best practices guide for mercury thermostat collection to help state and local government officials, businesses, and non-profits nationwide address the environmental and public health challenge of collecting and properly managing mercury thermostats. Each of them has 4 grams of mercury which a high level of exposure can harm the human brain, heart, kidneys, lungs, and immune system, and can negatively affect the developing nervous system of young children.
  • In May 2018, Fuji Xerox announced the launch of their Product Stewardship Roadmap which help any New Zealand business create a product stewardship scheme and thereby take the first step to a circular economy. They will help the business to improve their business.

Key Market Competitors: Global Product Stewardship Market

Few of the major competitors currently working in product stewardship market are Verisk Analytics, Inc., SAP SE, ENVIANCE, CGI Inc., Enablon, Gensuite, thinkstep, UL LLC, Sphera, ERM Group, Inc., Enhesa, ProcessMAP, VelocityEHS, Intelex Technologies, Anthesis Consulting Group PLC, Pace Analytical Services, LLC, John Wood Group PLC, Phylmar Group., Yordas Limited, Scout Environmental Inc. and Young & Global Partners.

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