PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1865386
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1865386
According to Stratistics MRC, the Global Green Passport Certification Market is accounted for $126.5 billion in 2025 and is expected to reach $173.2 billion by 2032 growing at a CAGR of 4.6% during the forecast period. Green Passport Certification is an environmental compliance framework that verifies a product, facility, or process meets sustainability and eco-safety standards throughout its lifecycle. Commonly applied in sectors like shipping, construction, and manufacturing, it ensures responsible sourcing, minimal ecological impact, and safe disposal practices. The certification promotes transparency, regulatory alignment, and corporate accountability by documenting material composition and environmental risks. Entities awarded a Green Passport demonstrate commitment to sustainable operations and global environmental stewardship.
According to study published by the Telecommunication Engineering Centre (TEC) in India states that implementation of Green Passport Certification and Energy Consumption Rating (ECR) standards across telecom products can reduce energy usage by up to 25%, contributing significantly to sustainable infrastructure goals.
Rising demand for lifecycle-based environmental certifications
Industries are adopting cradle-to-cradle and circular economy principles, prompting manufacturers to seek third-party validation for their green claims. These certifications help companies meet ESG benchmarks, enhance brand credibility, and comply with evolving regulatory frameworks. Moreover, consumer preference for transparent and eco-conscious products is accelerating adoption across sectors such as electronics, textiles, and packaging. Lifecycle-based certifications are also becoming integral to procurement policies in both public and private sectors, reinforcing their market relevance.
Fragmented certification protocols across regions and industries
Regulatory bodies in different countries often follow divergent methodologies, creating confusion for multinational companies. This fragmentation complicates compliance efforts, increases administrative overhead, and can delay product launches. Additionally, overlapping or conflicting criteria between industry-specific and regional certifications hinder scalability. The absence of a unified global framework limits interoperability and reduces the effectiveness of certification systems in cross-border trade and supply chain transparency.
DPPs enable real-time tracking of product attributes, including sustainability metrics, material composition, and recycling instructions. By embedding certification data into digital formats, companies can streamline audits, enhance traceability, and improve consumer engagement. This integration supports regulatory compliance under initiatives like the EU Green Deal and facilitates data exchange across platforms. As industries digitize their supply chains, the synergy between DPPs and environmental certifications is expected to unlock new value propositions and drive innovation in product stewardship.
Conflicting national and international standards
The coexistence of national mandates and international sustainability frameworks can lead to regulatory friction, undermining the credibility of certification systems. For instance, a product certified under one country's green labeling scheme may not meet the criteria of another jurisdiction, resulting in market access barriers. These inconsistencies also affect investor confidence and complicate ESG reporting. The lack of mutual recognition agreements between certifying bodies further exacerbates the issue, forcing companies to undergo redundant assessments.
The COVID-19 pandemic disrupted certification workflows, delaying audits and on-site inspections due to travel restrictions and safety protocols. However, it also accelerated digital transformation across industries, leading to increased adoption of remote verification tools and blockchain-based traceability systems. The crisis heightened awareness of supply chain resilience and environmental accountability, prompting companies to prioritize sustainability disclosures. Demand for certified products surged in sectors like healthcare, food, and electronics, where transparency became a key differentiator.
The product-level green passport segment is expected to be the largest during the forecast period
The product-level green passport segment is expected to account for the largest market share during the forecast period driven by its granular approach to sustainability validation. These passports provide detailed insights into a product's environmental footprint, including carbon emissions, recyclability, and material sourcing. They are increasingly used in consumer electronics, apparel, and FMCG sectors to support eco-labeling and responsible consumption. Regulatory mandates in Europe and Asia are reinforcing their adoption, while brands leverage them to differentiate offerings and build consumer trust.
The certification & verification services segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the certification & verification services segment is predicted to witness the highest growth rate, influenced by, rising demand for third-party validation and compliance assurance. As sustainability claims face greater scrutiny, companies are turning to accredited bodies for independent assessments. The segment is witnessing innovation in remote auditing, AI-driven documentation review, and blockchain-enabled verification. Growth is also supported by expanding regulatory requirements across sectors such as construction, automotive, and packaging.
During the forecast period, the Asia Pacific region is expected to hold the largest market share, underpinned by rapid industrialization, regulatory reforms, and strong manufacturing output. Countries like China, Japan, and South Korea are implementing stringent environmental policies, encouraging adoption of green certifications. The region's export-driven industries are aligning with global sustainability standards to maintain competitiveness. Additionally, rising consumer awareness and government-backed eco-labeling programs are boosting demand.
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, driven by, robust ESG frameworks, corporate sustainability commitments, and technological advancements. The U.S. and Canada are witnessing increased adoption of digital product passports and blockchain-based certification platforms. Regulatory initiatives such as extended producer responsibility (EPR) and carbon disclosure mandates are propelling market growth. The region's mature service ecosystem and strong presence of certifying bodies enable rapid deployment of verification solutions.
Key players in the market
Some of the key players in Green Passport Certification Market include Leading players in the sustainability and certification landscape include SGS, Bureau Veritas, Intertek, DNV, UL (Underwriters Laboratories), BSI (British Standards Institution), SAI Global, Lloyd's Register, ERM (Environmental Resources Management), EcoVadis, Carbon Trust, NSF International, RINA, Control Union, KPMG Sustainability Services, PwC Sustainability & Climate Change, Deloitte, and Accenture.
In October 2025, SGS introduced a global framework for digital trust, enhancing cybersecurity and data integrity in certification. The initiative aligns with its Q3 organic growth of 6%.
In October 2025, Bureau Veritas signed two strategic agreements to acquire firms in infrastructure and renewable energy sectors. These bolt-ons support its LEAP | 28 strategy for sustainable growth.
In October 2025, DNV partnered with CITRIS at UC Berkeley to advance AI safety in industrial applications. The collaboration expands DNV's global research footprint.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.