Environmental Consulting Services Market size is estimated at USD 43.6 billion in 2024 and is predicted to exceed USD 134.6 billion by the end of 2037, witnessing over 9.8% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of environmental consulting services is assessed at USD 47.5 billion.
The environmental consulting services market growth is attributed to increasing regulatory compliances on sustainable practices which is pushing various sectors to seek expert guidance in minimizing their ecological footprint.
Environmental advisory services provide expertise in areas such as sustainability strategies, environmental assessments, pollution control, regulatory compliance, waste management, etc. Consultants actively assist governments and private entities in reducing adverse ecological impact, while adhering to local, national, and international environmental laws. The demand for environmental consulting is projected to boom as the global environmental crisis worsens and calls for swift action to tackle ecological hazards intensify. In July 2023, Thames Water was fined USD 4.3 million for polluting the river Thames by the Lewes Crown Court signifying the rising costs of environmental non-compliance.
It is observed that a growing number of companies in scientific, construction, agriculture, and other sectors are actively hiring environmental consulting services. Companies are identifying green marketing as a viable tool for greater customer loyalty and a positive brand reputation. For instance, in August 2024, Emeritus published a report stating Patagonia and The Body Shop as two companies that have benefitted from green marketing. Additionally, running an eco-friendly business can lead to tax breaks and government subsidies. Globally, environmental laws are becoming more stringent due to increasing concerns about lack of sustainable practices. In January 2023, the European Commission announced the Corporate Sustainability Reporting Directive (CSRD) that strengthened the rules regarding the social and environmental information that companies have to disclose. CSRD requires companies, including small and medium-sized enterprises (SMEs), to provide sustainability reports annually.
Author Credits: Abhishek Verma
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