Environment Health Safety Market

Growing awareness about environment to boost market growth

EHS software solutions help businesses maintain the environment, the natural environment in which they live, and the health and safety of their employees. Government enforcement of important environmental and worker safety legislation. State agencies, the Occupational Health and Safety Administration (OSHA), the Environmental Protection Agency (EPA), and the Department of Justice have regulations and procedures that businesses must follow regarding worker safety and the environment.

Businesses are under financial pressure from regulatory agencies to improve their operating processes and make them more environmentally friendly. In addition, management teams have been pressured to use EHS software solutions because of intensive scrutiny and stringent standards to reduce the frequency of workplace accidents. Organizations like the Food and Drug Administration (FDA), Occupational Safety and Health Administration (OSHA), and Environmental Compliance Certificate (ECC) have created important industry standards that businesses must follow. Businesses in all sectors must adhere to these severe government regulations to improve the environment's safety and their workers.

Additionally, regulatory compliances compel companies to adhere to standards and regulations for all company activities. Therefore, such factors have enhanced the Environment Health and Safety market CAGR globally in recent years.

However, the increasingly stringent laws, regulations, standards, and procedures governing environmental protection, health, and safety in countries that manufacture chemicals is another factor driving the growth of the Environment Health and Safety market revenue.

The Global Environment Health and Safety Market Industry is poised for substantial growth, with projections indicating a market value of 8.24 USD Billion in 2024 and an anticipated increase to 19.5 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 8.14% from 2025 to 2035. The expansion is driven by various factors, including regulatory compliance, technological advancements, and heightened awareness of environmental issues. As organizations continue to prioritize EHS practices, the market is expected to evolve, presenting opportunities for innovation and investment in EHS solutions.

The Global Environment Health and Safety Market Industry is experiencing heightened pressure from regulatory compliance requirements. Governments worldwide are implementing stringent regulations to ensure workplace safety and environmental protection. For instance, the Occupational Safety and Health Administration (OSHA) in the United States enforces regulations that mandate organizations to adhere to safety standards. This regulatory landscape compels businesses to invest in EHS solutions, thereby driving market growth. As organizations strive to comply with these regulations, the demand for EHS software and services is expected to rise significantly, contributing to the projected market value of 8.24 USD Billion in 2024.

The enhancement of workplace safety culture is a vital driver for the Global Environment Health and Safety Market Industry. Organizations are increasingly prioritizing employee safety and well-being, recognizing that a strong safety culture leads to improved productivity and reduced accident rates. This cultural shift is often supported by training programs, safety audits, and the implementation of EHS management systems. As companies strive to create safer work environments, the demand for EHS solutions is likely to increase. This trend aligns with the projected market growth, as organizations invest in tools and practices that foster a culture of safety.

Growing awareness of environmental issues is a pivotal driver for the Global Environment Health and Safety Market Industry. As climate change and pollution become pressing global concerns, organizations are increasingly adopting sustainable practices. This shift is evident in the rise of corporate social responsibility initiatives, which prioritize environmental stewardship. Companies are investing in EHS solutions to monitor and mitigate their environmental impact, thus enhancing their reputation and compliance with regulations. The market is projected to expand, with an anticipated value of 19.5 USD Billion by 2035, reflecting the increasing commitment to sustainability and environmental health.

Technological advancements are significantly influencing the Global Environment Health and Safety Market Industry. Innovations such as artificial intelligence, machine learning, and IoT are transforming how organizations manage EHS compliance and risk. These technologies enable real-time monitoring, predictive analytics, and enhanced reporting capabilities, allowing businesses to proactively address safety and environmental challenges. As organizations seek to leverage these advancements, the demand for sophisticated EHS solutions is expected to grow. This trend is likely to contribute to a compound annual growth rate of 8.14% from 2025 to 2035, underscoring the importance of technology in driving market evolution.

The emphasis on corporate responsibility and sustainability initiatives is a crucial driver for the Global Environment Health and Safety Market Industry. Companies are increasingly recognizing the importance of integrating EHS practices into their business strategies to enhance their brand image and stakeholder trust. This trend is evident in various sectors, including manufacturing and construction, where organizations are adopting comprehensive EHS programs. By prioritizing safety and environmental health, businesses not only comply with regulations but also attract environmentally conscious consumers. This growing focus on sustainability is expected to propel the market towards a valuation of 19.5 USD Billion by 2035.

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America Environment, Health, and Safety market accounted for USD 2.83 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period. The existence of manufacturing centers like Mexico and a sizable number of big IT companies in the United States and Canada drives the North American market. The developed countries' increased understanding of sustainable development and the value of minimizing environmental effects is anticipated to increase demand for EHS services in this region.

Government agencies, including the United States Environmental Protection Agency (EPA), Occupational Safety and Health Administration (OSHA), and the United States Department of Labor create environmental, health, and safety norms and regulations. These firms provide a wide range of EHS services and software, including risk assessment, ergonomics, wastewater management, construction and engineering services, EHS management consulting & compliance, and ergonomics.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: ENVIRONMENT HEALTH AND SAFETY MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe's Environment, Health and Safety market accounts for the second-largest market share.EHS services and software use is expanding quickly in the European market to replace the take-make-dispose paradigm, increase the utilization of raw resources, and reduce waste generation. Further, the Germany Environment Health and Safety market held the largest market share, and the UK Environment Health and Safety market was the fastest-growing market in the European region.

The Asia-Pacific Environment Health and Safety Market is expected to grow at the fastest CAGR from 2022 to 2030. The pharmaceutical, mining, manufacturing, and construction industries are flourishing in Asia Pacific and widely utilizing EHS services and software. Moreover, China's Environment Health and Safety market held the largest market share, and the India Environment Health and Safety market was the fastest-growing market in the Asia-Pacific region.

The Environment Health and Safety market will expand even more due to major players investing heavily in R&D to expand their product ranges. In addition, market participants are launching key developments entering into contracts, acquiring companies, increasing investments, and working with other organizations, among other significant market changes, to expand their footprint. To grow and survive in a more cutthroat and competitive market climate, environmental health and safety competitors must provide affordable products.

One of the primary business strategies manufacturers adopt in the Environment Health and Safety industry to benefit clients and expand the market sector is manufacturing locally to reduce operating costs. In recent years, the Environment Health and Safety industry has provided some of the most significant benefits. In the Environment Health and Safety market, major players such as Gensuite, Cority, and others are working on expanding the market demand by investing in research and development activities.

A group of EHS experts in Bangalore and Mumbai, India, launched Gensuite operations in Asia in 2011. The team's history dates back to General Electric (GE) in the USA in 1998, when our CEO and Gensuite founder, a former compliance assurance leader at GE, developed HSE software solutions that 235+ subscribers currently use in over 40+ different business sectors. In October 2019, To complement its safety and environmental platform, Gensuite introduced the Gensuite Med Care framework, a complete and streamlined occupational health, and protection management program.

Also, Cority is a leader in worldwide enterprise EHS, Quality, and ESG software and solutions, having won awards and being acknowledged by the industry. In October 2019, By delivering the best-in-class turnkey employee health solutions, Cority hoped to offer a comprehensive solution for the healthcare industry and add value to healthcare organizations.