Market Size And Forecast: Environmental Services 2022-2028 (Global)

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Executive Summary

This report aims to inform service providers and corporates about the size and growth of the global environmental services market from 2022 to 2028. It takes a focused view of this segment of the wider EHS services market, as covered in our report Verdantix Market Size And Forecast: EHS Services 2022-2028 (Global). The scope of analysis encompasses air quality, climate adaptation, natural resources management and protection, environmental restoration, hazardous waste, impact assessment and permitting, and industrial water and wastewater service segments across 11 regions and 25 industries. Verdantix calculates that the $35.2 billion environmental service market, as of 2022, will grow at a CAGR of 6.3% to reach $50.6 billion by 2028. Our projections are informed by changing environmental compliance regulations, rising demand for infrastructure projects and increased ESG reporting scrutiny.

Table of contents

Environmental services continue to be an integral component of EHS budgets
Environmental services lead in revenues among all EHS service lines
The $35.2 billion environmental services market is led by industrial water and wastewater projects
Firms will continue to turn to third-party providers for environmental services
The environmental services market will grow at a CAGR of 6.3% to become a $50.6 billion market in 2028

Table of figures

Figure 1. Overview of the environmental services market size and forecast scope
Figure 2. Environmental service segments included in the market size and forecast study
Figure 3. Verdantix market size and forecast approach
Figure 4. Risk levels for industries within the market size and forecast study
Figure 5. 2022 environmental services spend by segment ($ million)
Figure 6. 2022 environmental services spend by buyer’s industry vertical ($ million)
Figure 7. 2022 environmental services spend by region ($ million)
Figure 8. Environmental services market growth split by segmentation offerings (2022-2028) ($ million)
Figure 9. Environmental services market growth split by region (2022-2028) ($ million)

About the authors

Rain Chiang

Rain is an Analyst in the Verdantix Environmental, Health, and Safety practice. His current research agenda focuses on evaluating the financial return of proven EHS technologies. Prior to joining Verdantix, Rain worked at Deecon Consulting where he gained project management experience in the UK construction and telecommunications industry.  Rain holds a Master of Arts degree in Economics and Politics from the University of Edinburgh.  

Bill Pennington

VP Research, EHS & Risk Management.

Bill leads the Verdantix Environment, Health & Safety and Risk Management practice. His current agenda focuses on EHS and sustainability services, product stewardship as well as benchmarking EHS technology buyer’s budgets, priorities and preferences globally. Bill comes from a background of corporate EHS roles in the manufacturing and logistics industries. He holds an MBS degree in sustainability from the Rutgers University.

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