Global Environmental and Social Consulting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Environmental and Social Consulting refers to related organizations that provide information for organizations or governments and promote effective communication with stakeholders by identifying and assessing environmental and social risks, responsibility and opportunities.
Market Overview:
The latest research study on the global Environmental and Social Consulting market finds that the global Environmental and Social Consulting market reached a value of USD 36804.82 million in 2022. It’s expected that the market will achieve USD 50431.41 million by 2028, exhibiting a CAGR of 5.39% during the forecast period.
From a macro perspective, the COVID-19 epidemic will have a certain impact on the environmental and social consulting industry. The main reason for the decline is that the COVID-19 outbreak has affected the economic operations of various countries. As local energy will shift to epidemic prevention and control, other expenditure settlements may be postponed, and the pace of some normal projects will also slow down.
From a micro perspective, reduced activities in mining, manufacturing, processing industries, and infrastructure, and project suspension, cancellation or postponement have all led to a decline in the demand for environmental and social consulting.
In the long run, with the outbreak of the epidemic, the environmental awareness of the government and the public as well as the importance of urban sanitation and garbage disposal will be further enhanced. Environmental and social consulting will continue to grow in the future.
Increased political and economic uncertainty
In recent years, with the Brexit of the United Kingdom and the start of the US-China trade war, political and economic uncertainties have increased, and the confidence in various industry activities to carry out projects has decreased. At the same time, due to the global outbreak of COVID-19, the global economy will slow down in 2020, and the activity of downstream industries will decrease, which is expected to have a negative impact on environmental and social consulting.
Increasing awareness of environmental and social issues, sustainable environmental planning
Due to the acceleration of urbanization, increased consumer awareness, increased spending on smart cities, and environmental conservation initiatives, the global environmental consulting market is expected to expand. Among them, in the construction and chemical industries, in order to minimize the environmental degradation caused by the release of toxic substances, this is one of the main driving forces for the growth of the environmental consulting service market. Increasing spending on pollution control and environmental remediation in developing countries has also contributed to the growth of this market.
Region Overview:
In 2021, the share of the Environmental and Social Consulting market in North America stood at 46.72%.
Company Overview:
AECOM is one of the major players operating in the Environmental and Social Consulting market, holding a share of 6.51% in 2022.
AECOM
AECOM provides professional technical services to the United States government, state, local, and non-U.S. governments and agencies, and commercial customers. The Company's services include consulting, planning, architecture, engineering, construction management, project management, asset management, environmental services, and design-build services.
Wood Group
Wood Group PLC provides project, engineering, and technical services. The Company offers project and modification services including onshore, engineering, project management, repair orders, construction, commissioning, fabrication, and maintenance services. Wood Group serves oil and gas, industrial, refining, power generation, chemicals, and energy sectors worldwide.
Segmentation Overview:
As for product types, the Environmental Consulting segment held the largest market share in 2021.
Environmental Consulting
Environmental consulting is usually a form of compliance consulting in which the consultant ensures that the client maintains appropriate measures in compliance with environmental regulations. Environmental consulting includes advice, assistance and action plans for organizations and governments to manage their environment. It includes services related to environmental issues, such as preventing environmental pollution, preventing the discharge of toxic substances, waste management and pollution control.
Social Consulting
Social consulting includes analyzing and evaluating the impact of the project on all aspects of society, including expected and unanticipated social consequences, and providing suggestions, assistance and action plans for organizations and governments. Social consultation can reduce social impact and improve the quality of decision-making.
Application Overview:
By application, the Mining, Manufacturing & Process Industries segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Environmental and Social Consulting market covered in Chapter 3:
HDR
AECOM
Environmental Resource Management
CF
Stantec
JJ Keller
Antea Group
Mott MacDonald
Cardno
Ramboll
SNC-Lavalin
Arup
Black & Veatch
Royal HaskoningDHV
Golder
Jacobs
RPS
Sweco
Wood Group
GHD
Arcadis
Tetra Tech
Tabor Energy Solutions
SLR Consulting
WSP
In Chapter 4 and Chapter 14.2, on the basis of types, the Environmental and Social Consulting market from 2018 to 2029 is primarily split into:
Environmental Consulting
Social Consulting
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Environmental and Social Consulting market from 2018 to 2029 covers:
Mining, Manufacturing & Process Industries
Energy & Utilities
Government & Regulators
Infrastructure & Development
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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