Global Environmental Consulting Services Market to Reach US$65.1 Billion by 2030
The global market for Environmental Consulting Services estimated at US$41.7 Billion in the year 2024, is expected to reach US$65.1 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2024-2030. Site Remediation, one of the segments analyzed in the report, is expected to record a 7.3% CAGR and reach US$21.6 Billion by the end of the analysis period. Growth in the Water & Waste Management segment is estimated at 7.9% CAGR over the analysis period.
The U.S. Market is Estimated at US$17.2 Billion While China is Forecast to Grow at 10.0% CAGR
The Environmental Consulting Services market in the U.S. is estimated at US$17.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 10.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.4% and 6.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.
Global Environmental Consulting Services Market - Key Trends & Drivers Summarized
Environmental consulting services encompass a wide range of professional services aimed at assessing, managing, and mitigating the environmental impact of various projects and activities. These services include environmental impact assessments (EIAs), site remediation, environmental auditing, water & wastewater management, compliance monitoring, and sustainability consulting. Environmental consultants work with clients across various industries, including construction, manufacturing, energy, and government, to ensure that their operations comply with environmental regulations and adopt sustainable practices. The goal of these services is to promote environmental stewardship, reduce ecological footprints, and support sustainable development.
The demand for environmental consulting services is driven by increasing environmental awareness and the need to comply with stringent environmental regulations. Governments and regulatory bodies worldwide are implementing stricter environmental standards to address issues such as pollution, climate change, and natural resource depletion. As a result, businesses are seeking the expertise of environmental consultants to navigate complex regulatory landscapes and mitigate potential risks. Additionally, the rise of corporate sustainability initiatives is encouraging companies to adopt more sustainable practices and improve their environmental performance. Environmental consultants also play a crucial role in managing environmental risks and liabilities associated with contaminated sites and industrial activities.
The growth in the environmental consulting services market is driven by several factors. Firstly, the increasing regulatory requirements and the need for compliance with environmental standards are significant drivers. Secondly, the growing awareness of environmental issues and the push for corporate sustainability initiatives are encouraging businesses to seek professional guidance on sustainable practices. Thirdly, the expansion of industries such as construction, manufacturing, and energy is leading to a higher demand for environmental assessments and impact mitigation services. Additionally, advancements in environmental monitoring technologies and data analytics are enhancing the accuracy and efficiency of environmental consulting services. Lastly, the global emphasis on addressing climate change and promoting sustainable development is further propelling the demand for environmental consulting services.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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