Market Size And Forecast: Environmental Services 2022-2028 (Global)
21 Jun, 2023
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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.
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
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 $50.6 billion market in 2028
Figure 1. Overview of the environmental services market size and forecast scope
Figure 2. Environmental service segments included in the market size and forecast study
Figure 3. Verdantix market size and forecast approach
Figure 4. Risk levels for industries within the market size and forecast study
Figure 5. 2022 environmental services spend by segment ($ 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)
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)
Organisation for Economic Co-operation and Development (OECD), EY, BIMGroup, Golder, Jacobs, Clean Harbors, WSP, Palantir, Arcadis, US Naval Facilities Engineering Systems Command (NAVFAC), World Bank, International Monetary Fund (IMF), World Health Organization (WHO), Kahramaa, AECOM, Arup, Asian Development Bank, Tetra Tech, US Environmental Protection Agency (EPA)
About the Authors
Rain Chiang
Industry Analyst
Rain is an Industry Analyst in the Verdantix EHSQ practice. His current research agenda focuses on the intersection between EHSQ and ESG priorities. Prior to joining Verd…
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Bill Pennington
VP Research
Bill is VP Research at Verdantix, where he leads analysis on the evolving and interconnected landscapes of EHS, quality, AI and enterprise risk management. His research helps …
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