Digital Product Passport (DPP) Market by Focus Area (Supply Chain Management, Circular Economy, Customer Engagement, Environmental Impact Assessment), Lifecycle Stage (Product Design, Production, Distribution, End of Life) - Global Forecast to 2030

It is anticipated that the Digital Product Passport (DPP) market will experience substantial growth, increasing from USD 185.9 million in 2024 to USD 1,780.5 million by 2030, with a strong CAGR of 45.7% throughout the forecast period. A key factor driving the market for Digital Product Passport is sustainability and circular economy efforts. DPPs allow stakeholders to obtain detailed product information, promoting recycling and reuse, and thereby supporting international sustainability objectives. Nonetheless, a major limitation is the difficulty of achieving standardization and interoperability. The absence of universally recognized frameworks and varied technological infrastructures within industries makes seamless data integration and sharing challenging. This may impede broad adoption as companies face challenges with the expenses and intricacies of adjusting to diverse standards. Addressing these obstacles is essential for the successful execution of DPPs and realizing their ability to revolutionize product lifecycle management.

“By offering, software segment is expected to have the largest market share during the forecast period”

During the forecast period, it is estimated that the software segment will lead the digital product passport market as that industry holds a big deal in integration and monitoring across the supply chain with ease and access to the required information of the product. Digital product passport software solutions can enable the collection, storage, and sharing of fundamental product information like origin, composition, sustainability metrics, and compliance requirements. Additionally, progress in technologies such as blockchain, AI, and cloud computing improves the functionality and scalability of these software platforms, further reinforcing their attractiveness. With organizations placing greater emphasis on sustainability and traceability, the software sector's capability to deliver thorough and adaptable solutions establishes it as a crucial facilitator, significantly aiding in market expansion.

“By end user type, batteries are expected to register the fastest market growth rate during the forecast period.”

In the digital product passport market, the battery segment by end user type is projected to experience the fastest growth rate in the forecast period. It is mainly because of the growing global demand for devices and solutions running on batteries for renewable energy storage. The rising application of electric vehicles (EVs), portable devices, and energy-efficient technologies has boosted the demand for traceability and sustainability in the manufacturing and lifecycle management of the battery. Digital product passports facilitate improved monitoring of raw materials, adherence to environmental regulations, and recycling initiatives, tackling issues related to resource exhaustion and waste. Regulations such as those from the European Union emphasize the promotion of circular economies, which enhances the use of these digital tools. With industries and consumers emphasizing transparency and environmentally friendly practices, batteries, essential in many uses, are crucial as digital product passports propel notable progress and encourage strong market expansion.

“By region, Europe to have the largest market share in 2024 and will also account for fastest growth rate between 2024 to 2030. North America to follow as the second fastest growing region over the forecast period”

Europe is expected to dominate the Digital Product Passport (DPP) market in 2024 and experience the fastest growth rate through 2030 due to several factors. The European Union's strong focus on sustainability and circular economy initiatives, such as the European Green Deal and the Circular Economy Action Plan, promotes the widespread adoption of DPPs. These digital solutions enable efficient tracking, recycling, and reuse of products, aligning with Europe's environmental goals. Additionally, stringent regulations, including the extended producer responsibility (EPR) laws, encourage the integration of DPPs across industries.

North America follows closely, driven by increasing demand for transparency in supply chains and consumer preferences for sustainable products. The region's advanced technological infrastructure and robust corporate support for digital solutions will fuel rapid adoption, making it the second-fastest-growing market for DPPs over the forecast period.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the Digital product passport market.

By Company: Tier I – 14%, Tier II – 33%, and Tier III – 53%

By Designation: Directors– 57%, Managers – 26%, and others – 17%

By Region: North America – 22%, Europe – 59%, Asia Pacific – 14%, and Rest of World– 5%

The report includes the study of key players offering Digital product passport solutions. It profiles major vendors in the Digital product passport market. The major players in the Digital product passport market include AVL (Austria), Eviden (France), iPoint-systems (Germany), DNV (US), Narravero (Germany), Optel Group (Canada), Siemens (Germany), 3E (US), Kezzler (Norway), EON (US), Circulor (UK), LyondellBasell (Netherlands), Arianee (France), Billon Group (UK), Qliktag (US), Protokol (Netherlands), Circularise (Netherlands), The ID Factory (Italy), Renoon (Netherlands), Spherity (Germany), ASM Global (India), Carboledger (US), Scantrust (Switzerland), Pathway Digital Products (UK), Minespider (Germany), Cirpass (France), Piconext (US), and PSQR (Denmark).

Research coverage

This research report categorizes the Digital product passport Market by offering (software and services), by focus area (supply chain management, environmental impact assessment, circular economy, regulatory compliance & reporting, customer engagement, and other focus areas), by product lifecycle stage (product design, production, distribution and end of life) by end user (end user by size and end user by type) and by Region (North America, Europe, Asia Pacific, and rest of the world). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Digital product passport market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the Digital product passport market. Competitive analysis of upcoming startups in the Digital product passport market ecosystem is covered in this report.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Digital product passport market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Increased consumer demand for transparency, Growing importance of battery passports in advancing sustainability goals, EU regulations for sustainable circular economy), restraints (High implementation costs in budget-constrained industries, Privacy and security concerns in collecting and sharing sensitive product data), opportunities (Digital product passport in precision healthcare and drug discovery, Technological advancements in blockchain, IoT, and AI driving efficient DPP implementation), and challenges (Slow adoption due to lack of education and industry resistance, Legacy system compatibility and lack of standardized frameworks).

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Digital product passport market.

Market Development: Comprehensive information about lucrative markets – the report analyses the Digital product passport market across varied regions.

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Digital product passport market.

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like AVL (Austria), Eviden (France), iPoint-systems (Germany), DNV (US), Narravero (Germany), Optel Group (Canada), Siemens (Germany), 3E (US), Kezzler (Norway), EON (US), Circulor (UK), LyondellBasell (Netherlands), Arianee (France), Billon Group (UK), Qliktag (US), Protokol (Netherlands), Circularise (Netherlands), The ID Factory (Italy), Renoon (Netherlands), Spherity (Germany), ASM Global (India), Carboledger (US), Scantrust (Switzerland), Pathway Digital Products (UK), Minespider (Germany), Cirpass (France), Piconext (US), and PSQR (Denmark) among others in the Digital product passport market. The report also helps stakeholders understand the pulse of the Digital product passport market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Tables List

Table 1 Us Dollar Exchange Rate, 2023

Table 2 Primary Interviews

Table 3 Factor Analysis

Table 4 Global Digital Product Passport Market Size And Growth Rate,

2023–2030 (Usd Million, Y-o-y)

Table 5 Pricing Data Of Digital Product Passport, By Offering

Table 6 Pricing Data Of Digital Product Passport, By Focus Area

Table 7 Digital Product Passport Market: Ecosystem

Table 8 Patents Filed, 2015–2024

Table 9 Digital Product Passport Market: Detailed List Of Conferences & Events, 2024–2025

Table 10 List Of Few Patents In Digital Product Passport Market, 2023–2024

Table 11 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 12 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 13 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 14 Middle East & Africa: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 15 Latin America: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 16 Porters’ Five Forces’ Impact On Digital Product Passport Market

Table 17 Influence Of Stakeholders On Buying Process For Top Three End Users

Table 18 Key Buying Criteria For Top Three End Users

Table 19 Digital Product Passport Market, By Offering, 2023–2030 (Usd Million)

Table 20 Software: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 21 Services: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 22 Digital Product Passport Market, By Focus Area,

2023–2030 (Usd Million)

Table 23 Supply Chain Management: Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 24 Environmental Impact Assessment: Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 25 Circular Economy: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 26 Regulatory Compliance & Reporting: Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 27 Customer Engagement: Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 28 Other Focus Areas: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 29 Digital Product Passport Market, By Lifecycle Stage,

2023–2030 (Usd Million)

Table 30 Product Design: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 31 Production: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 32 Distribution: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 33 End Of Life: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 34 Digital Product Passport Market, By End-user Size,

2023–2030 (Usd Million)

Table 35 Large Enterprises: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 36 Small And Medium-sized Enterprises: Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 37 Digital Product Passport Market, By End-user Type,

2023–2030 (Usd Million)

Table 38 Electronics & Semiconductors: Digital Product Passport Market,

By Region, 2023–2030 (Usd Million)

Table 39 Automotive: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 40 Batteries: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 41 Healthcare & Life Sciences: Digital Product Passport Market,

By Region, 2023–2030 (Usd Million)

Table 42 Chemicals & Materials: Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 43 Fashion & Textiles: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 44 Construction: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 45 Other End Users: Digital Product Passport Market, By Region,

2023–2030 (Usd Million)

Table 46 Digital Product Passport Market, By Region, 2023–2030 (Usd Million)

Table 47 North America: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 48 North America: Digital Product Passport Market, By Focus Area,

2023–2030 (Usd Million)

Table 49 North America: Digital Product Passport Market, By Lifecycle Stage, 2023–2030 (Usd Million)

Table 50 North America: Digital Product Passport Market, By End-user Size, 2023–2030 (Usd Million)

Table 51 North America: Digital Product Passport Market, By End-user Type, 2023–2030 (Usd Million)

Table 52 North America: Digital Product Passport Market, By Country,

2023–2030 (Usd Million)

Table 53 Us: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 54 Canada: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 55 Europe: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 56 Europe: Digital Product Passport Market, By Focus Area,

2023–2030 (Usd Million)

Table 57 Europe: Digital Product Passport Market, By Lifecycle Stage,

2023–2030 (Usd Million)

Table 58 Europe: Digital Product Passport Market, By End-user Size,

2023–2030 (Usd Million)

Table 59 Europe: Digital Product Passport Market, By End-user Type,

2023–2030 (Usd Million)

Table 60 Europe: Digital Product Passport Market, By Country,

2023–2030 (Usd Million)

Table 61 Uk: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 62 Germany: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 63 France: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 64 Rest Of Europe: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 65 Asia Pacific: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 66 Asia Pacific: Digital Product Passport Market, By Focus Area,

2023–2030 (Usd Million)

Table 67 Asia Pacific: Digital Product Passport Market, By Lifecycle Stage, 2023–2030 (Usd Million)

Table 68 Asia Pacific: Digital Product Passport Market, By End-user Size,

2023–2030 (Usd Million)

Table 69 Asia Pacific: Digital Product Passport Market, By End-user Type,

2023–2030 (Usd Million)

Table 70 Asia Pacific: Digital Product Passport Market, By Country,

2023–2030 (Usd Million)

Table 71 China: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 72 Japan: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 73 South Korea: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 74 Rest Of Asia Pacific: Digital Product Passport Market, By Offering, 2023–2030 (Usd Million)

Table 75 Rest Of World: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 76 Rest Of World: Digital Product Passport Market, By Focus Area,

2023–2030 (Usd Million)

Table 77 Rest Of World: Digital Product Passport Market, By Lifecycle Stage, 2023–2030 (Usd Million)

Table 78 Rest Of World: Digital Product Passport Market, By End-user Size, 2023–2030 (Usd Million)

Table 79 Rest Of World: Digital Product Passport Market, By End-user Type, 2023–2030 (Usd Million)

Table 80 Rest Of World: Digital Product Passport Market, By Country,

2023–2030 (Usd Million)

Table 81 Latin America: Digital Product Passport Market, By Offering,

2023–2030 (Usd Million)

Table 82 Middle East & Africa: Digital Product Passport Market, By Offering, 2023–2030 (Usd Million)

Table 83 Overview Of Strategies Adopted By Key Digital Product Passport Vendors

Table 84 Digital Product Passport Market: Degree Of Competition

Table 85 Offering Footprint (13 Companies)

Table 86 Focus Area Footprint (13 Companies)

Table 87 End-user Footprint (13 Companies)

Table 88 Regional Footprint (13 Companies)

Table 89 Digital Product Passport Market: Key Start-ups/Smes

Table 90 Digital Product Passport Market: Competitive Benchmarking Of Key Start-ups/Smes

Table 91 Digital Product Passport Market: Product Launches,

December 2022–november 2024

Table 92 Digital Product Passport Market: Deals,

December 2022–november 2024

Table 93 Siemens: Company Overview

Table 94 Siemens: Products/Solutions/Services Offered

Table 95 Siemens: Product Launches

Table 96 Siemens: Deals

Table 97 3e: Company Overview

Table 98 3e: Products/Solutions/Services Offered

Table 99 3e: Product Launches

Table 100 3e: Deals

Table 101 Dnv: Company Overview

Table 102 Dnv: Products/Solutions/Services Offered

Table 103 Optel Group: Company Overview

Table 104 Optel Group: Products/Solutions/Services Offered

Table 105 Optel Group: Product Launches

Table 106 Optel Group: Deals

Table 107 Avl: Company Overview

Table 108 Avl: Products/Solutions/Services Offered

Table 109 Avl: Product Launches

Table 110 Eviden: Company Overview

Table 111 Eviden: Products/Solutions/Services Offered

Table 112 Eviden: Product Launches

Table 113 Eviden: Deals

Table 114 Lyondellbasell: Company Overview

Table 115 Lyondellbasell: Products/Solutions/Services Offered

Table 116 Digital Circular Economy Market, By Application,

2018–2022 (Usd Million)

Table 117 Digital Circular Economy Market, By Application,

2023–2028 (Usd Million)

Table 118 Digital Circular Economy Market, By Technology,

2018–2022 (Usd Million)

Table 119 Digital Circular Economy Market, By Technology,

2023–2028 (Usd Million)

Table 120 Digital Circular Economy Market, By Vertical, 2018–2022 (Usd Million)

Table 121 Digital Circular Economy Market, By Vertical, 2023–2028 (Usd Million)

Table 122 Digital Circular Economy Market, By Region, 2018–2022 (Usd Million)

Table 123 Digital Circular Economy Market, By Region, 2023–2028 (Usd Million)

Table 124 Esg Reporting Software Market, By Offering, 2019–2023 (Usd Million)

Table 125 Esg Reporting Software Market, By Offering, 2024–2029 (Usd Million)

Table 126 Esg Reporting Software Market, By Deployment Type,

2019–2023 (Usd Million)

Table 127 Esg Reporting Software Market, By Deployment Type,

2024–2029 (Usd Million)

Table 128 Esg Reporting Software Market, By Organization Size,

2019–2023 (Usd Million)

Table 129 Esg Reporting Software Market, By Organization Size,

2024–2029 (Usd Million)

Table 130 Esg Reporting Software Market, By Vertical, 2019–2023 (Usd Million)

Table 131 Esg Reporting Software Market, By Vertical, 2024–2029 (Usd Million)

Table 132 Esg Reporting Software Market, By Region, 2019–2023 (Usd Million)

Table 133 Esg Reporting Software Market, By Region, 2024–2029 (Usd Million)

Figures List

Figure 1 Digital Product Passport Market: Research Design

Figure 2 Data Triangulation

Figure 3 Digital Product Passport Market: Top-down And Bottom-up Approaches

Figure 4 Market Size Estimation Methodology - Approach 1, Bottom-up (Supply-side): Revenue From Offerings In Digital Product Passport Market

Figure 5 Market Size Estimation Methodology- Approach 2, Bottom-up (Supply-side): Collective Revenue From All Offerings In Digital Product Passport Market

Figure 6 Market Size Estimation Methodology-approach 3, Bottom-up (Supply-side): Collective Revenue From Offerings In Digital Product Passport Market

Figure 7 Market Size Estimation Methodology-approach 4, Bottom-up

(Demand-side): Share Of Digital Product Passport Through Overall Sustainability Spending

Figure 8 Digital Product Passport Software Segment To Account For Larger Market Size In 2024

Figure 9 Supply Chain Management Segment To Account For Largest Market

By Focus Area In 2024

Figure 10 Production Segment To Hold Largest Market By Lifecycle Stage

In 2024

Figure 11 Large Enterprises Segment To Register Larger Market Share In 2024

Figure 12 Batteries Segment To Register Highest Growth Rate During Forecast Period

Figure 13 Europe To Account For Highest Growth Rate During Forecast Period

Figure 14 Stricter Global Regulations For Circular Economy And Rising Consumer Demand For Transparency To Propel Market

Figure 15 Circular Economy Segment To Account For Highest Growth Rate During Forecast Period

Figure 16 Dpp Software And Production Stage To Hold Largest Market Share

In Europe In 2024

Figure 17 Europe To Hold Largest Market Share In 2024

Figure 18 Drivers, Restraints, Opportunities, And Challenges: Digital Product Passport Market

Figure 19 Trends/Disruptions Impacting Customer Business

Figure 20 Digital Product Passport Market: Supply Chain Analysis

Figure 21 Key Players In Digital Product Passport Market Ecosystem

Figure 22 Number Of Patents Granted In Last 10 Years, 2015–2024

Figure 23 Regional Analysis Of Patents Granted, 2015–2024

Figure 24 Digital Product Passport Market: Investment Landscape And Funding Scenario

Figure 25 Circular Economy Start-up Funding, By Category

Figure 26 Market Potential Of Generative Ai In Various Digital Product Passport Use Cases

Figure 27 Digital Product Passport Market: Porter’s Five Forces Analysis

Figure 28 Influence Of Stakeholders On Buying Process For Top Three End Users

Figure 29 Key Buying Criteria For Top Three End Users

Figure 30 Evolution Of Digital Product Passports

Figure 31 Software Segment To Grow At Higher Cagr During Forecast Period

Figure 32 Circular Economy Segment To Grow At Highest Cagr During Forecast Period

Figure 33 Distribution Segment To Grow At Highest Cagr During Forecast Period

Figure 34 Small And Medium Enterprises Segment To Grow At Higher Cagr During Forecast Period

Figure 35 Batteries Segment To Grow At Highest Cagr During Forecast Period

Figure 36 France To Account For Highest Cagr During Forecast Period

Figure 37 Europe To Account For Highest Cagr During Forecast Period

Figure 38 Europe: Market Snapshot

Figure 39 Asia Pacific: Market Snapshot

Figure 40 Share Of Leading Companies In Digital Product Passport Market, 2023

Figure 41 Digital Product Passport Market: Company Evaluation Matrix

(Key Players), 2023

Figure 42 Company Footprint (13 Companies)

Figure 43 Digital Product Passport Market: Company Evaluation Matrix

(Start-ups/Smes), 2023

Figure 44 Brand/Product Comparison

Figure 45 Company Valuation And Financial Metrics Of Key Vendors

Figure 46 Year-to-date (Ytd) Price Total Return And 5-year Stock Beta Of Key Vendors

Figure 47 Siemens: Company Snapshot

Figure 48 Lyondellbasell: Company Snapshot