PUBLISHER: KBV Research | PRODUCT CODE: 1768340
PUBLISHER: KBV Research | PRODUCT CODE: 1768340
The North America Digital Product Passport Market would witness market growth of 41.2% CAGR during the forecast period (2025-2032).
The US market dominated the North America Digital Product Passport Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $561.6 million by 2032. The Canada market is experiencing a CAGR of 43.5% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 42.6% during (2025 - 2032).
In an era where sustainability, transparency, and consumer trust are reshaping global commerce, the Digital Product Passport (DPP) has emerged as a transformative tool that redefines how businesses and consumers interact with products across their lifecycle. A DPP is a digital document that captures and shares comprehensive information about a product, from its raw material origins to its manufacturing processes, environmental impact, and end-of-life options.
By leveraging advanced technologies such as blockchain, the Internet of Things (IoT), and artificial intelligence (AI), DPPs provide a structured framework for documenting a product's journey, fostering accountability and enabling informed decision-making. This innovative concept is gaining momentum across industries, driven by regulatory mandates, consumer demand for ethical practices, and the global push for a circular economy.
The market in North America is undergoing rapid development, driven by the increasing focus on sustainability, product traceability, and regulatory preparedness. In Mexico, the chemical manufacturing sector plays a vital role in the national economy, with a strong presence in regions such as Estado de Mexico, Ciudad de Mexico, and Jalisco. Over the years, it has attracted substantial foreign investment, reflecting its potential for ongoing growth and modernization. In Canada, the construction sector continues to experience consistent growth, particularly in building construction. The residential segment has shown notable expansion, while the non-residential area is also progressing steadily. Manufacturing continues to play a vital role in the U.S. economy, forming a key part of various sectors such as automotive, electronics, aerospace, and consumer goods. These industries are increasingly being challenged to improve supply chain transparency and minimize their environmental footprint. Thus, Mexico's chemical manufacturing growth, Canada's construction sector expansion, and the robust scale of U.S. manufacturing collectively stimulate the demand for DPP.
Based on Deployment, the market is segmented into Cloud, and On-premise. Based on Offering, the market is segmented into Software, and Services. Based on Industry, the market is segmented into Consumer Electronics, Textile & Apparel, Automotive, Pharmaceuticals, Food & Beverages, Chemicals & Industrial Products, Construction & Building Materials, and Other Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Digital Product Passport Market Report Segmentation
By Deployment
By Offering
By Industry
By Country