Europe Product Stewardship Market Forecast to 2031 - Regional Analysis - by Component (Services and Software), Deployment (Cloud and On Premises), and Organization Size (Large Enterprises and SMEs)

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The Europe product stewardship market was valued at US$ 463.94 million in 2023 and is expected to reach US$ 913.22 million by 2031; it is estimated to register a CAGR of 8.8% from 2023 to 2031.

Rise In Corporate Social Responsibility Initiatives Fuels Europe Product Stewardship Market

Many businesses are increasingly integrating product stewardship into their corporate social responsibility (CSR) strategies to showcase their genuine commitment to sustainability and environmental stewardship. For instance, LEGO is committed to minimizing the environmental impact of its operations by aiming for a 37% reduction in absolute greenhouse gas (GHG) emissions by 2032 and striving to achieve net-zero emissions by 2050. Additionally, the company is focused on decreasing both waste and water consumption. LEGO is also actively pursuing the enhancement of sustainability in all its packaging and is dedicated to eliminating single-use plastics from its products. Moreover, General Mills classifies its objectives into three main categories: food, planet, and people. Notable highlights of their Corporate Social Responsibility (CSR) impact include achieving 100% Global Food Safety Initiative (GFSI) certification for all company-owned production facilities, ensuring that 92% of General Mills packaging is recyclable or reusable, and contributing US$ 90 million to charitable initiatives in 2023. By adopting practices that emphasize responsible product lifecycle management-such as reducing waste, promoting recycling, and ensuring safe disposal-companies can not only meet regulatory compliance requirements but also positively influence their market perception. This proactive approach fosters transparency and accountability, which are essential for developing and preserving trust with stakeholders, including customers, investors, and community members. As stakeholders become more discerning and demand greater corporate responsibility, businesses that prioritize product stewardship can differentiate themselves from competitors, enhancing their reputation and cultivating long-term relationships based on shared values of sustainability and ethical practices. Ultimately, this integration of product stewardship within CSR not only reinforces companies' commitment to the environment but also positions them as leaders in their industries, paving the way for innovation and sustainable growth.

Europe Product Stewardship Market Overview

The product stewardship market in Europe is influenced by several key factors that shape its growth and development. Stringent government regulations aimed at enhancing environmental protection and promoting sustainable practices are a significant driver, as they compel businesses to adopt product stewardship initiatives to comply with legal requirements. Additionally, the increasing awareness among consumers and businesses regarding environmental issues and the importance of sustainability is pushing companies to implement responsible product lifecycle management. The ongoing shift toward a circular economy encourages innovation in product design and waste management, further bolstering the adoption of product stewardship practices across various industries in Europe. For instance, in May 2024, the initiatives financed by the European Investment Bank (EIB) in the Veneto region are instrumental in promoting the adoption of product stewardship by enhancing the quality and coverage of integrated water services and waste collection. Supported by InvestEU, which aims to mobilize over EUR 372 billion (US$ 402.3 billion) in investments by 2027, these projects focus on improving recycling facilities and waste management systems. This investment fosters a circular economy by encouraging sustainable practices that minimize waste and promote resource recovery, ultimately contributing to a greener and more sustainable future for the region.

Europe Product Stewardship Market Revenue and Forecast to 2031 (US$ Million)

Europe Product Stewardship Market Segmentation

The Europe product stewardship market is categorized into component, deployment, organization size, and country.

Based on component, the Europe product stewardship market is bifurcated into services and software. The services segment held a larger market share in 2023.

In terms of deployment, the Europe product stewardship market is bifurcated into cloud and on-premises. The cloud segment held a larger market share in 2023.

By organization size, the Europe product stewardship market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger market share in 2023.

By country, the Europe product stewardship market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Germany dominated the Europe product stewardship market share in 2023.

Eaton Corp Plc, Anthesis Group Ltd, CGI Inc, ERM Group, Inc., Wolters Kluwer NV, Intelex Technologies ULC, SAP SE, Sphera Solutions, Inc., Covestro AG, Linde Plc, Arcadis NV, 3E, UL LLC, Pace Analytical Services, Dupont de Nemours Inc, knoell, Young & Global Partners, and Yordas Limited, are among the leading companies operating in the Europe product stewardship market.

Product Code: BMIRE00031622

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Europe Product Stewardship Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Software Providers:
- 4.2.2 Services Providers:
- 4.2.3 Regulatory Bodies:
- 4.2.4 End-Users:
- 4.2.5 List of Vendors in the Value Chain
4.3 Premium Insights
- 4.3.1 Extended Producer Responsibility - Global and Regional Outlook
  - 4.3.1.1 Europe
- 4.3.2 Average Cost at Individual Step in Extended Producer Responsibility
- 4.3.3 Waste Management Fees
  - 4.3.3.1 Europe
- 4.3.4 TAM by Waste Category
  - 4.3.4.1 Plastic
  - 4.3.4.2 Battery
  - 4.3.4.3 E-Waste

5. Europe Product Stewardship Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increase in Consumer Demand for Eco-friendly Products
- 5.1.2 Rise In Corporate Social Responsibility Initiatives
- 5.1.3 Strict Government Regulations
5.2 Market Restraints
- 5.2.1 Resistance to Change within the Organization
5.3 Market Opportunities
- 5.3.1 Increase In Awareness Campaigns
- 5.3.2 Rising Demand for Recycling and Waste Management Solutions
5.4 Trends
- 5.4.1 AI-Powered Product Stewardship
5.5 Impact of Drivers and Restraints:

6. Product Stewardship Market - Europe Analysis

6.1 Europe Product Stewardship Market Overview
6.2 Product Stewardship Market Revenue (US$ Million), 2021-2031
6.3 Product Stewardship Market Forecast Analysis

7. Europe Product Stewardship Market Analysis - by Component

7.1 Services
- 7.1.1 Overview
- 7.1.2 Services: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Software
- 7.2.1 Overview
- 7.2.2 Software: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2.3 Cloud
  - 7.2.3.1 Overview
  - 7.2.3.2 Cloud: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2.4 On Premises
  - 7.2.4.1 Overview
  - 7.2.4.2 On Premises: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)

8. Europe Product Stewardship Market Analysis - by Organization Size

8.1 Large Enterprises
- 8.1.1 Overview
- 8.1.2 Large Enterprises: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
8.2 SMEs
- 8.2.1 Overview
- 8.2.2 SMEs: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe Product Stewardship Market - Country Analysis

9.1 Europe
- 9.1.1 Europe: Product Stewardship Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 9.1.1.1 Europe: Product Stewardship Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 Germany: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.2.1 Germany: Product Stewardship Market Breakdown, by Component
    - 9.1.1.2.2 Germany: Product Stewardship Market Breakdown, by Deployment
    - 9.1.1.2.3 Germany: Product Stewardship Market Breakdown, by Organization Size
  - 9.1.1.3 United Kingdom: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.3.1 United Kingdom: Product Stewardship Market Breakdown, by Component
    - 9.1.1.3.2 United Kingdom: Product Stewardship Market Breakdown, by Deployment
    - 9.1.1.3.3 United Kingdom: Product Stewardship Market Breakdown, by Organization Size
  - 9.1.1.4 France: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.4.1 France: Product Stewardship Market Breakdown, by Component
    - 9.1.1.4.2 France: Product Stewardship Market Breakdown, by Deployment
    - 9.1.1.4.3 France: Product Stewardship Market Breakdown, by Organization Size
  - 9.1.1.5 Italy: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.5.1 Italy: Product Stewardship Market Breakdown, by Component
    - 9.1.1.5.2 Italy: Product Stewardship Market Breakdown, by Deployment
    - 9.1.1.5.3 Italy: Product Stewardship Market Breakdown, by Organization Size
  - 9.1.1.6 Russia: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.6.1 Russia: Product Stewardship Market Breakdown, by Component
    - 9.1.1.6.2 Russia: Product Stewardship Market Breakdown, by Deployment
    - 9.1.1.6.3 Russia: Product Stewardship Market Breakdown, by Organization Size
  - 9.1.1.7 Rest of Europe: Product Stewardship Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.7.1 Rest of Europe: Product Stewardship Market Breakdown, by Component
    - 9.1.1.7.2 Rest of Europe: Product Stewardship Market Breakdown, by Deployment
    - 9.1.1.7.3 Rest of Europe: Product Stewardship Market Breakdown, by Organization Size

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.2 New Product Development

12. Company Profiles

12.1 Eaton Corp Plc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Anthesis Group Ltd
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 CGI Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 ERM Group, Inc.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Wolters Kluwer NV
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Intelex Technologies ULC
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 SAP SE
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Sphera Solutions, Inc.
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Covestro AG
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Linde Plc
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 Arcadis NV
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
12.12 3E
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments
12.13 UL LLC
- 12.13.1 Key Facts
- 12.13.2 Business Description
- 12.13.3 Products and Services
- 12.13.4 Financial Overview
- 12.13.5 SWOT Analysis
- 12.13.6 Key Developments
12.14 Pace Analytical Services
- 12.14.1 Key Facts
- 12.14.2 Business Description
- 12.14.3 Products and Services
- 12.14.4 Financial Overview
- 12.14.5 SWOT Analysis
- 12.14.6 Key Developments
12.15 DuPont de Nemours Inc
- 12.15.1 Key Facts
- 12.15.2 Business Description
- 12.15.3 Products and Services
- 12.15.4 Financial Overview
- 12.15.5 SWOT Analysis
- 12.15.6 Key Developments
12.16 knoell
- 12.16.1 Key Facts
- 12.16.2 Business Description
- 12.16.3 Products and Services
- 12.16.4 Financial Overview
- 12.16.5 SWOT Analysis
- 12.16.6 Key Developments
12.17 Young & Global Partners
- 12.17.1 Key Facts
- 12.17.2 Business Description
- 12.17.3 Products and Services
- 12.17.4 Financial Overview
- 12.17.5 SWOT Analysis
- 12.17.6 Key Developments
12.18 Yordas Limited
- 12.18.1 Key Facts
- 12.18.2 Business Description
- 12.18.3 Products and Services
- 12.18.4 Financial Overview
- 12.18.5 SWOT Analysis
- 12.18.6 Key Developments

13. Appendix

13.1 Word Index
13.2 About The Insight Partners