| Product Code: ETC4412185 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India product stewardship market import shipments exhibited a remarkable CAGR from 2020 to 2024. The growth rate surged significantly from the previous period, indicating a rapid expansion in the market. The trend showcases strong momentum and substantial growth potential within the industry.
The India Product Stewardship market is growing in significance as regulations and environmental concerns drive businesses to take responsibility for the life cycle of their products. Product stewardship involves the management of product design, production, and disposal in an environmentally responsible manner. In India, as sustainability becomes a key focus, businesses are adopting product stewardship practices and solutions to reduce their environmental impact and meet regulatory requirements. The market offers a range of software and consulting services to assist companies in implementing effective product stewardship strategies.
The product stewardship market in India is gaining importance as businesses focus on sustainability and compliance with environmental regulations. Product stewardship involves managing the lifecycle of products, from design to disposal, with a focus on minimizing environmental impacts. In a world increasingly concerned with sustainability, businesses are adopting product stewardship practices to meet regulatory requirements and reduce their ecological footprint.
The product stewardship market in India faces challenges related to regulatory compliance, especially in industries dealing with hazardous materials. Ensuring proper product disposal, recycling, and managing environmental impact can be complicated due to a lack of awareness and inconsistent enforcement of regulations.
The pandemic heightened concerns about product safety and environmental responsibility. As a result, the product stewardship market in India witnessed increased focus on product lifecycle management, sustainability, and compliance. Companies needed to ensure the responsible management of their products and supply chains.
The Product Stewardship market in India is evolving, with players like SAP, Enablon, and thinkstep offering solutions to help businesses manage product lifecycle sustainability and compliance. These companies provide software platforms that enable organizations to track and optimize their environmental and social impact throughout the product lifecycle, meeting regulatory requirements and fostering sustainability practices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Product Stewardship Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Product Stewardship Market Revenues & Volume, 2021 & 2031F |
3.3 India Product Stewardship Market - Industry Life Cycle |
3.4 India Product Stewardship Market - Porter's Five Forces |
3.5 India Product Stewardship Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 India Product Stewardship Market Revenues & Volume Share, By Services Type, 2021 & 2031F |
3.7 India Product Stewardship Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India Product Stewardship Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing regulatory focus on environmental sustainability and waste management practices in India |
4.2.2 Growing awareness among consumers and businesses about the importance of product stewardship in reducing environmental impact |
4.2.3 Rise in government initiatives and programs promoting responsible disposal and recycling of products |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations and enforcement mechanisms for product stewardship practices in India |
4.3.2 Limited infrastructure and resources for effective collection and recycling of products |
4.3.3 High initial investment costs associated with setting up product stewardship programs |
5 India Product Stewardship Market Trends |
6 India Product Stewardship Market, By Types |
6.1 India Product Stewardship Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Product Stewardship Market Revenues & Volume, By Type , 2021-2031F |
6.1.3 India Product Stewardship Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 India Product Stewardship Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Product Stewardship Market, By Services Type |
6.2.1 Overview and Analysis |
6.2.2 India Product Stewardship Market Revenues & Volume, By Business Consulting and Advisory Services, 2021-2031F |
6.2.3 India Product Stewardship Market Revenues & Volume, By Deployment and Implementation Services, 2021-2031F |
6.2.4 India Product Stewardship Market Revenues & Volume, By Audit, Assessment, and Regulatory Compliance Services , 2021-2031F |
6.2.5 India Product Stewardship Market Revenues & Volume, By Training and Support Services, 2021-2031F |
6.3 India Product Stewardship Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 India Product Stewardship Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3.3 India Product Stewardship Market Revenues & Volume, By Small and Medium Enterprises (SMEs), 2021-2031F |
7 India Product Stewardship Market Import-Export Trade Statistics |
7.1 India Product Stewardship Market Export to Major Countries |
7.2 India Product Stewardship Market Imports from Major Countries |
8 India Product Stewardship Market Key Performance Indicators |
8.1 Percentage increase in the number of product stewardship programs implemented nationwide |
8.2 Growth in the adoption of eco-friendly product designs and materials by manufacturers |
8.3 Improvement in the rate of proper disposal and recycling of products in key industries |
9 India Product Stewardship Market - Opportunity Assessment |
9.1 India Product Stewardship Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 India Product Stewardship Market Opportunity Assessment, By Services Type, 2021 & 2031F |
9.3 India Product Stewardship Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India Product Stewardship Market - Competitive Landscape |
10.1 India Product Stewardship Market Revenue Share, By Companies, 2024 |
10.2 India Product Stewardship Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |