Product Compliance: Market Size And Forecast 2018-2022 (Global)
Yaowen Ma
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Executive Summary
This report helps practice leaders, executive directors and marketing officers at firms providing chemical and components compliance solutions to: better understand the addressable market opportunity, define business development and marketing strategies, and forecast revenue growth for the 2018 to 2022 period. The Verdantix product compliance market size and forecast model combines updated macroeconomic data, vendors’ revenues, and regulatory drivers across seven sectors and eleven regions globally. The analysis finds that in 2018 the product compliance market will be worth $972 million. Increasing regulatory pressure in Europe, Japan, South Korea and South East Asia as well as continued influence of EHS compliance in other regions globally will drive spend on product compliance at 7% CAGR to reach $1.3 billion in 2022. The Verdantix analysis also offers a view into market size and forecast by chemical compliance versus components compliance as well as by software, content and services.Market Size Data Reflects Updates On Vendor Revenues, Macroeconomic Drivers And Regulatory Environment
The Global Product Compliance Market Will Reach $970 Million In 2018
New Regulations And An Expanding List Of Substances Of Concern Will Drive Growth
The Global Product Compliance Market Will Grow At A 7% CAGR To Reach $1.3 Billion In 2022
Figure 2. Global Spend On Product Compliance In 2018 By Geography ($millions, %)
Figure 3. Global Spend On Product Compliance In 2018 By Sector ($millions, %)
Figure 4. Market Share Of Vendors In The Product Stewardship Software And Content Segment
Figure 5. Evolution Of Spend On Product Compliance 2018–2022 (7% CAGR)
Figure 6. Global Spend On Product Compliance By Region 2018–2022
Figure 7. Global Spend On Product Compliance By Industry Sector 2018–2022
Figure 8. Global Spend On Product Compliance By Software, Content And Services 2018–2022
Figure 9. Global Forecast For Product Compliance Across Three Customer Archetypes 2018-2022
About the Author
Yaowen Ma
Principal Analyst
Yaowen is a Principal Analyst at Verdantix conducting research on EHS and ESG information management. His current agenda focuses on digital technologies, best practices and gr...
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