Product Stewardship Market, Global Outlook and Forecast 2023-2030

Product Stewardship Market, Global Outlook and Forecast 2023-2030

Published On : October 2023

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Report Studies • The global Product Stewardship market was valued at US$ 717.5 million in 2022 and is projected to reach US$ 963.9 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

• Product stewardship is an approach where manufacturers take responsibility, for identifying, managing and minimizing environmental impacts of the product. It is a process which involves different entities including manufacturers, brand owners, retailers, consumers, and governments. Product stewardship has focus at every stage of a products life cycle. In some regions, product stewardship is a term often used in relation to waste management program especially, recycling.

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