
Asia Pacific Environmental Consulting Services Market Report (2021–2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.
No. of Pages: 159 | Report Code: TIPRE00022978 | Category: Technology, Media and Telecommunications
No. of Pages: 159 | Report Code: TIPRE00022978 | Category: Technology, Media and Telecommunications
The Asia Pacific Environmental Consulting Services Market size is expected to reach US$ 15,521.25 million by 2031 from US$ 7,976.33 million in 2023. The market is estimated to record a CAGR of 8.7% from 2023 to 2031.
The demand for environmental consulting services in Asia Pacific (APAC) has been steadily growing. In recent decades, countries, such as China, India, Indonesia, and Vietnam have undergone massive industrialization, leading to economic growth but also significant environmental challenges. The expansion of manufacturing, construction, mining, and energy industries has led to increased pollution, deforestation, and resource depletion. For instance, according to the report of IQAir, India faced a worsening air quality crisis, with the annual average concentration of PM2.5 increasing to 54.4 mu;g/m3 in 2023 compared to 2022. This spike in pollution levels poses significant health risks to nearly 1.36 billion people living in the country. The significant growth of environmental issues, followed by a heightened need for expert guidance on the way to manage environmental impacts, prompted industries to seek environmental consulting services. Consultants assist in minimizing ecological damage by advising on pollution control, resource management, and sustainable practices. In highly industrialized cities such as Shanghai, Mumbai, and Jakarta, these services are crucial for managing urban pollution and environmental degradation.
Asia Pacific Environmental Consulting Services Market Strategic Insights
Asia Pacific Environmental Consulting Services Market Segmentation Analysis
Key segments that contributed to the derivation of the Asia Pacific environmental consulting services market analysis are service type, media type, and vertical.
Clean energy is gaining traction as the energy source in various factories across the globe due to the rising prices of conventional energy for industrial use. Clean energy offers various advantages such as decreased operational costs and government support in terms of subsidies and tax incentives. Many organizations are increasingly utilizing clean energy to meet sustainability goals, including reducing carbon emissions and shifting to 100% renewable energy use. For instance, GreenStitch, a Bengaluru-based software as a solution (SaaS) provider working on sustainability in fashion and textiles, announced its plan to manage 1 billion metric ton of carbon by 2030. Environmental consulting services are essential for helping businesses develop and implement sustainability strategies that cater to these goals. Also, advancements in renewable energy technologies such as battery storage, smart grids, and offshore wind farms require specialized knowledge to assess their environmental impacts and integration potential. Environmental consultants with expertise in such technologies help companies sustainably implement these innovations. As renewable energy technologies continue to evolve, environmental consultants can provide specialized services in areas such as battery storage impact analysis, smart grid development, and offshore energy projects, which is opening new prospects for environmental consulting. Thus, the use of clean energy and advancements in renewable technologies is expected to create lucrative opportunities for the environmental consulting services market growth during the forecast period.
Based on Country, the Asia Pacific environmental consulting services market comprises China, India, Japa, South Korea, and the Rest of Asia Pacific. China held the largest share in 2023.
China houses numerous industries, including construction, manufacturing, and energy and power, among others. The Government of China is highly focused on the development of its infrastructure and has taken various measures to support the development of infrastructure. For instance, in September 2023, SUEZ signed two new contracts for water and waste management projects to further support China in its ecological transition. This has encouraged SUEZ and Chongqing Water Group (CWG)1 to expand their collaboration by jointly investing over US$ 160 million (RMB 1.25 billion) in the building and operation of a water treatment plant. This investment will help enhance the resilience of the municipality's water supply system and contribute to securing safe and reliable water services in the long term. The rise in infrastructural projects will help boost the deployment of water and waste management systems, thereby bolstering the environmental consulting services market in the country.
Asia Pacific Environmental Consulting Services Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 7,976.33 Million
Market Size by 2031
US$ 15,521.25 Million
Global CAGR (2023 - 2031)
8.7%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Service Type
By Media Type
By Vertical
Regions and Countries Covered
Asia Pacific
Market leaders and key company profiles
Asia Pacific Environmental Consulting Services Market Company Profiles
Some of the key players operating in the market include Aecom; Jacobs Solutions Inc Arcadis NV; Bechtel Corp; ERM Group, Inc.; Tetra Tech Inc.; Antea Group; Stantec Inc; Ramboll Group A/S; SLR Consulting; and WSP Global Inc, among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Asia Pacific Environmental Consulting Services Market is valued at US$ 7,976.33 Million in 2023, it is projected to reach US$ 15,521.25 Million by 2031.
As per our report Asia Pacific Environmental Consulting Services Market, the market size is valued at US$ 7,976.33 Million in 2023, projecting it to reach US$ 15,521.25 Million by 2031. This translates to a CAGR of approximately 8.7% during the forecast period.
The Asia Pacific Environmental Consulting Services Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Environmental Consulting Services Market report:
The Asia Pacific Environmental Consulting Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Environmental Consulting Services Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Environmental Consulting Services Market value chain can benefit from the information contained in a comprehensive market report.