The environment health and safety market size has grown rapidly in recent years. It will grow from $7.74 billion in 2023 to $8.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth observed during the historic period can be attributed to several factors. These include the increasing popularity of environmental health and safety mobile applications, the enforcement of stringent rules and regulations, heightened awareness regarding environmental health and safety concerns, industry initiatives aimed at waste reduction and process efficiency enhancement, and the rising number of regulations concerning employee safety.
The environment health and safety market size is expected to see rapid growth in the next few years. It will grow to $12.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be attributed to several factors. These include the escalation of government regulations aimed at environmental protection, the proliferation of businesses across various sectors, heightened investments from industries in Environmental Health and Safety (EHS) IT software to adhere to regulations set forth by organizations such as OSHA and EPA, and the escalation of waste reduction targets. Key trends expected in the forecast period encompass the establishment of advanced research and development centers, technological advancements, innovations in EHS solutions, and the implementation of low carbon emission policies.
The surge in waste reduction targets is poised to drive growth within the environmental health and safety market in the coming years. Waste reduction targets, defined objectives set by individuals, organizations, or governmental bodies, aim to curtail waste generation, disposal, or landfill usage within specified timeframes. This escalating need for waste reduction targets stems from an increasing global consciousness regarding the imperative to combat environmental degradation and transition toward a sustainable, circular economy. These targets amalgamate ecological health and safety considerations to combat pollution, diminish hazardous waste production, and safeguard both ecosystems and human well-being, thereby advocating for sustainable waste management practices. Notably, in September 2021, the United States Environmental Protection Agency (EPA) established a goal to slash food loss and waste by 50% by 2030, targeting 164 pounds per person. This initiative concentrates on preventing food waste generation and ensuring the continuous flow of food within the human supply chain. Consequently, the proliferation of waste reduction targets is set to propel growth within the environmental health and safety market.
Prominent enterprises operating within the environmental health and safety sector are channeling efforts towards the development of advanced cloud private editions, exemplified by SAP S/4HANA Cloud private editions, to facilitate organizational transformation of EHS processes and foster sustainable expansion. SAP S/4HANA Cloud Private Edition stands out as a customizable, cloud-based solution tailored to the unique requirements of individual organizations, offering flexibility in cloud deployment. A case in point is the 2023 introduction by SAP SE, a Germany-based software titan, of the new edition, SAP S/4HANA Cloud private edition, incorporating novel features designed to streamline environmental, health, and safety (EHS) processes. This innovation empowers organizations to identify and mitigate risks, evaluate hazards, implement preventive measures, and monitor risk controls. Characterized by automation, system integration, and transparency, this technology aids companies in revolutionizing their EHS processes and achieving sustainable growth.
In September 2023, J.S. Held, a US-based consultancy, executed the acquisition of Environmental Consultants LLC, enhancing its Environmental, Health, and Safety (EHS) practice and expanding its service offerings in industrial hygiene and environmental testing. The acquisition, completed for an undisclosed sum, enabled J.S. Held to fortify its resources in the Midwest region while augmenting its capabilities in environmental testing, inspection, and consulting services across diverse sectors. Environmental Consultants, LLC, the acquired entity, is recognized for its expertise in providing environmental testing, inspection, and consulting services, aligning seamlessly with J.S. Held's strategic objectives.
Major companies operating in the environment health and safety market are Microsoft Corporation, International Business Machines Corporation, Honeywell International Inc., SAP SE, Salesforce Inc., NEC Corporation, Ball Corporation, Jacobs Engineering Group Inc., AECOM Inc., ERM Group Inc., Blackstone Inc., SGS SA, Wolters Kluwer N.V., John Wood Group PLC, Hexagon AB, TETRA Technologies Inc., UL Solutions Inc., RPS Group plc, Valsoft Corporation Inc., Alcumus HSE Limited, Ideagen plc, Intelex Technologies Inc., Quentic GmbH, Cority Software Inc., Benchmark ESG, Evotix Limited.
North America was the largest region in the environment health and safety market in 2023. Europe is expected to be the fastest growing region in the market. The regions covered in the environment health and safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the environment health and safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Environmental health and safety (EHS) is a diverse discipline dedicated to safeguarding human health, enhancing workplace safety, and preserving environmental integrity across a range of settings, including workplaces, communities, and natural environments. Its focus involves evaluating, managing, and mitigating risks related to environmental, occupational health, and safety hazards to prevent accidents, injuries, illnesses, and environmental harm.
The primary components of environmental health and safety comprise software and services. Software encompasses programs, applications, or platforms tailored to execute specific functions or tasks using electronically stored instructions and data. These software solutions can be deployed either via cloud-based systems or on-premise installations. Application areas span medical and pharmaceutical waste management, industrial waste management, wastewater management, and various other vertical-specific applications such as energy and utilities, chemicals and materials, healthcare, construction and engineering, food and beverage, government and defense, manufacturing, among others.
The environmental health and safety market research report is one of a series of new reports that provides environmental health and safety market statistics, including environmental health and safety industry global market size, regional shares, competitors with environmental health and safety market share, detailed environmental health and safety market segments, market trends, and opportunities, and any further data you may need to thrive in the environmental health and safety industry. This environmental health and safety market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The environment health and safety market consists of revenues earned by entities by consulting services, software solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The environment health and safety market also includes sales of personal protective equipment (PPE), pollution control devices, and monitoring equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The environment health and safety market size is expected to see rapid growth in the next few years. It will grow to $12.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be attributed to several factors. These include the escalation of government regulations aimed at environmental protection, the proliferation of businesses across various sectors, heightened investments from industries in Environmental Health and Safety (EHS) IT software to adhere to regulations set forth by organizations such as OSHA and EPA, and the escalation of waste reduction targets. Key trends expected in the forecast period encompass the establishment of advanced research and development centers, technological advancements, innovations in EHS solutions, and the implementation of low carbon emission policies.
The surge in waste reduction targets is poised to drive growth within the environmental health and safety market in the coming years. Waste reduction targets, defined objectives set by individuals, organizations, or governmental bodies, aim to curtail waste generation, disposal, or landfill usage within specified timeframes. This escalating need for waste reduction targets stems from an increasing global consciousness regarding the imperative to combat environmental degradation and transition toward a sustainable, circular economy. These targets amalgamate ecological health and safety considerations to combat pollution, diminish hazardous waste production, and safeguard both ecosystems and human well-being, thereby advocating for sustainable waste management practices. Notably, in September 2021, the United States Environmental Protection Agency (EPA) established a goal to slash food loss and waste by 50% by 2030, targeting 164 pounds per person. This initiative concentrates on preventing food waste generation and ensuring the continuous flow of food within the human supply chain. Consequently, the proliferation of waste reduction targets is set to propel growth within the environmental health and safety market.
Prominent enterprises operating within the environmental health and safety sector are channeling efforts towards the development of advanced cloud private editions, exemplified by SAP S/4HANA Cloud private editions, to facilitate organizational transformation of EHS processes and foster sustainable expansion. SAP S/4HANA Cloud Private Edition stands out as a customizable, cloud-based solution tailored to the unique requirements of individual organizations, offering flexibility in cloud deployment. A case in point is the 2023 introduction by SAP SE, a Germany-based software titan, of the new edition, SAP S/4HANA Cloud private edition, incorporating novel features designed to streamline environmental, health, and safety (EHS) processes. This innovation empowers organizations to identify and mitigate risks, evaluate hazards, implement preventive measures, and monitor risk controls. Characterized by automation, system integration, and transparency, this technology aids companies in revolutionizing their EHS processes and achieving sustainable growth.
In September 2023, J.S. Held, a US-based consultancy, executed the acquisition of Environmental Consultants LLC, enhancing its Environmental, Health, and Safety (EHS) practice and expanding its service offerings in industrial hygiene and environmental testing. The acquisition, completed for an undisclosed sum, enabled J.S. Held to fortify its resources in the Midwest region while augmenting its capabilities in environmental testing, inspection, and consulting services across diverse sectors. Environmental Consultants, LLC, the acquired entity, is recognized for its expertise in providing environmental testing, inspection, and consulting services, aligning seamlessly with J.S. Held's strategic objectives.
Major companies operating in the environment health and safety market are Microsoft Corporation, International Business Machines Corporation, Honeywell International Inc., SAP SE, Salesforce Inc., NEC Corporation, Ball Corporation, Jacobs Engineering Group Inc., AECOM Inc., ERM Group Inc., Blackstone Inc., SGS SA, Wolters Kluwer N.V., John Wood Group PLC, Hexagon AB, TETRA Technologies Inc., UL Solutions Inc., RPS Group plc, Valsoft Corporation Inc., Alcumus HSE Limited, Ideagen plc, Intelex Technologies Inc., Quentic GmbH, Cority Software Inc., Benchmark ESG, Evotix Limited.
North America was the largest region in the environment health and safety market in 2023. Europe is expected to be the fastest growing region in the market. The regions covered in the environment health and safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the environment health and safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Environmental health and safety (EHS) is a diverse discipline dedicated to safeguarding human health, enhancing workplace safety, and preserving environmental integrity across a range of settings, including workplaces, communities, and natural environments. Its focus involves evaluating, managing, and mitigating risks related to environmental, occupational health, and safety hazards to prevent accidents, injuries, illnesses, and environmental harm.
The primary components of environmental health and safety comprise software and services. Software encompasses programs, applications, or platforms tailored to execute specific functions or tasks using electronically stored instructions and data. These software solutions can be deployed either via cloud-based systems or on-premise installations. Application areas span medical and pharmaceutical waste management, industrial waste management, wastewater management, and various other vertical-specific applications such as energy and utilities, chemicals and materials, healthcare, construction and engineering, food and beverage, government and defense, manufacturing, among others.
The environmental health and safety market research report is one of a series of new reports that provides environmental health and safety market statistics, including environmental health and safety industry global market size, regional shares, competitors with environmental health and safety market share, detailed environmental health and safety market segments, market trends, and opportunities, and any further data you may need to thrive in the environmental health and safety industry. This environmental health and safety market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The environment health and safety market consists of revenues earned by entities by consulting services, software solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The environment health and safety market also includes sales of personal protective equipment (PPE), pollution control devices, and monitoring equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Environment Health and Safety Market Characteristics3. Environment Health and Safety Market Trends and Strategies32. Global Environment Health and Safety Market Competitive Benchmarking33. Global Environment Health and Safety Market Competitive Dashboard34. Key Mergers and Acquisitions in the Environment Health and Safety Market
4. Environment Health and Safety Market - Macro Economic Scenario
5. Global Environment Health and Safety Market Size and Growth
6. Environment Health and Safety Market Segmentation
7. Environment Health and Safety Market Regional and Country Analysis
8. Asia-Pacific Environment Health and Safety Market
9. China Environment Health and Safety Market
10. India Environment Health and Safety Market
11. Japan Environment Health and Safety Market
12. Australia Environment Health and Safety Market
13. Indonesia Environment Health and Safety Market
14. South Korea Environment Health and Safety Market
15. Western Europe Environment Health and Safety Market
16. UK Environment Health and Safety Market
17. Germany Environment Health and Safety Market
18. France Environment Health and Safety Market
19. Italy Environment Health and Safety Market
20. Spain Environment Health and Safety Market
21. Eastern Europe Environment Health and Safety Market
22. Russia Environment Health and Safety Market
23. North America Environment Health and Safety Market
24. USA Environment Health and Safety Market
25. Canada Environment Health and Safety Market
26. South America Environment Health and Safety Market
27. Brazil Environment Health and Safety Market
28. Middle East Environment Health and Safety Market
29. Africa Environment Health and Safety Market
30. Environment Health and Safety Market Competitive Landscape and Company Profiles
31. Environment Health and Safety Market Other Major and Innovative Companies
35. Environment Health and Safety Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Environment Health and Safety Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on environment health and safety market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for environment health and safety? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The environment health and safety market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Component: Software; Services2) by Deployment Mode: Cloud; On-Premise
3) by Application: Medical and Pharmaceutical Waste Management; Industrial Waste Management; Wastewater Management; Other Applications.
4) by Vertical: Energy and Utilities; Chemicals and Materials; Healthcare; Construction and Engineering; Food and Beverage; Government and Defense; Manufacturing; Other Verticals.
Key Companies Mentioned: Microsoft Corporation; International Business Machines Corporation; Honeywell International Inc; SAP SE; Salesforce Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Microsoft Corporation
- International Business Machines Corporation
- Honeywell International Inc
- SAP SE
- Salesforce Inc
- NEC Corporation
- Ball Corporation
- Jacobs Engineering Group Inc
- AECOM Inc
- ERM Group Inc
- Blackstone Inc
- SGS SA
- Wolters Kluwer N.V
- John Wood Group PLC
- Hexagon AB
- TETRA Technologies Inc
- UL Solutions Inc
- RPS Group plc
- Valsoft Corporation Inc
- Alcumus HSE Limited
- Ideagen plc
- Intelex Technologies Inc
- Quentic GmbH
- Cority Software Inc
- Benchmark ESG
- Evotix Limited.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | May 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 8.55 Billion |
| Forecasted Market Value ( USD | $ 12.95 Billion |
| Compound Annual Growth Rate | 10.9% |
| Regions Covered | Global |
