PUBLISHER: The Business Research Company | PRODUCT CODE: 1686345
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686345
Environmental health and safety (EHS) is a diverse discipline dedicated to safeguarding human health, enhancing workplace safety, and preserving environmental integrity across a range of settings, including workplaces, communities, and natural environments. Its focus involves evaluating, managing, and mitigating risks related to environmental, occupational health, and safety hazards to prevent accidents, injuries, illnesses, and environmental harm.
The primary components of environmental health and safety comprise software and services. Software encompasses programs, applications, or platforms tailored to execute specific functions or tasks using electronically stored instructions and data. These software solutions can be deployed either via cloud-based systems or on-premise installations. Application areas span medical and pharmaceutical waste management, industrial waste management, wastewater management, and various other vertical-specific applications such as energy and utilities, chemicals and materials, healthcare, construction and engineering, food and beverage, government and defense, manufacturing, among others.
The environmental health and safety market research report is one of a series of new reports from The Business Research Company that provides environmental health and safety market statistics, including environmental health and safety industry global market size, regional shares, competitors with environmental health and safety market share, detailed environmental health and safety market segments, market trends, and opportunities, and any further data you may need to thrive in the environmental health and safety industry. This environmental health and safety market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The environment health and safety market size has grown rapidly in recent years. It will grow from $8.55 billion in 2024 to $9.51 billion in 2025 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to the popularity of environmental health and safety mobile applications, the presence of strict rules and regulations, growing awareness of environmental health and safety, industries to reduce waste and improve process efficiency, and increasing number of employee safety regulations.
The environment health and safety market size is expected to see rapid growth in the next few years. It will grow to $14.35 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rising government regulations for environmental protection, increasing number of businesses, increasing investments from industries in EHS IT software to comply with OSHA and EPA regulations, and increased waste reduction targets. Major trends in the forecast period include advanced research and development centers, technological advancement, innovations, low carbon emission policies.
The growing emphasis on waste reduction targets is expected to drive the expansion of the environmental health and safety market. A waste reduction target is a specific objective set by governments, organizations, or individuals to reduce the volume of waste generated, disposed of, or sent to landfills within a set period. The heightened focus on waste reduction is driven by increasing global awareness of the need to address environmental degradation and move toward a more sustainable, circular economy. These targets align with ecological health and safety goals by aiming to reduce pollution, minimize hazardous waste production, and protect ecosystems and human health, while promoting sustainable waste management practices. For example, in September 2024, gov.uk, a UK-based information website, reported that in 2022, the UK sent 6.3 million tons of biodegradable municipal waste to landfills, with England responsible for 81% of this total. In that year, England alone generated 5.1 million tons of biodegradable waste sent to landfills. Thus, the increased focus on waste reduction targets is fostering the growth of the environmental health and safety market.
Prominent enterprises operating within the environmental health and safety sector are channeling efforts towards the development of advanced cloud private editions, exemplified by SAP S/4HANA Cloud private editions, to facilitate organizational transformation of EHS processes and foster sustainable expansion. SAP S/4HANA Cloud Private Edition stands out as a customizable, cloud-based solution tailored to the unique requirements of individual organizations, offering flexibility in cloud deployment. A case in point is the 2023 introduction by SAP SE, a Germany-based software titan, of the new edition, SAP S/4HANA Cloud private edition, incorporating novel features designed to streamline environmental, health, and safety (EHS) processes. This innovation empowers organizations to identify and mitigate risks, evaluate hazards, implement preventive measures, and monitor risk controls. Characterized by automation, system integration, and transparency, this technology aids companies in revolutionizing their EHS processes and achieving sustainable growth.
In September 2023, J.S. Held, a US-based consultancy, executed the acquisition of Environmental Consultants LLC, enhancing its Environmental, Health, and Safety (EHS) practice and expanding its service offerings in industrial hygiene and environmental testing. The acquisition, completed for an undisclosed sum, enabled J.S. Held to fortify its resources in the Midwest region while augmenting its capabilities in environmental testing, inspection, and consulting services across diverse sectors. Environmental Consultants, LLC, the acquired entity, is recognized for its expertise in providing environmental testing, inspection, and consulting services, aligning seamlessly with J.S. Held's strategic objectives.
Major companies operating in the environment health and safety market are Microsoft Corporation, International Business Machines Corporation, Honeywell International Inc., SAP SE, Salesforce Inc., NEC Corporation, Ball Corporation, Jacobs Engineering Group Inc., AECOM Inc., ERM Group Inc., Blackstone Inc., SGS SA, Wolters Kluwer N.V., John Wood Group PLC, Hexagon AB, TETRA Technologies Inc., UL Solutions Inc., RPS Group plc, Valsoft Corporation Inc., Alcumus HSE Limited, Ideagen plc, Intelex Technologies Inc., Quentic GmbH, Cority Software Inc., Benchmark ESG, Evotix Limited.
North America was the largest region in the environment health and safety market in 2024. Europe is expected to be the fastest growing region in the market. The regions covered in the environment health and safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the environment health and safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The environment health and safety market consists of revenues earned by entities by consulting services, software solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The environment health and safety market also includes sales of personal protective equipment (PPE), pollution control devices, and monitoring equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Environment Health And Safety Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on environment health and safety market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for environment health and safety ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The environment health and safety market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.