EHS Services: Market Size And Forecast 2020-2025 (US)

Published 20 November 2019 by Bill Pennington & Steve Bolton &

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Executive Summary

This report helps executives, practice managers and business strategists at EHS service providers in the United States to improve business performance by better understanding their addressable market opportunities and validating business development strategies across 11 service lines. The Verdantix market size and forecast model combines revenues of the 80 largest EHS service providers along with insights on customer demand from the 121 US-based EHS decision-makers who participated in the 2019 version of our annual global survey. According to the market model, spending on EHS services will reach $15.7 billion during 2020 and this will grow at a compound annual growth rate of 5.6%, to reach $20.7 billion in 2024. Positive drivers of growth include increasing public focus on climate change, investor interest in ESG ratings, and growing vendor investment in digital technologies. Ongoing shifts in federal deregulation and economic uncertainties are projected to slow spend on EHS consulting but maintain overall market growth.

Table of contents

Granular Insight Into The EHS Services Market Landscape
Market Size Data Reflect The Revenues Of EHS Service Providers Across 11 Unique Service Lines
Five Analytical Inputs Act As Drivers For The Market Forecast
Spending On EHS Services In The US Will Reach $15.7 Billion During 2020
Regulatory Landscape And Public Pressure Grow Market Opportunities
US EHS Services Market Will Grow At A 5.6% CAGR To $20.7 Billion In 2025

Table of figures

Figure 1. EHS Service Lines Definitions
Figure 2. EHS Decision-Makers’ Expected 2020 Spend On Consulting Projects
Figure 3. EHS Decision-Makers’ Expected 2020 Spend On EHS Service Lines
Figure 4. Spend On EHS Services In 2020 By Service Line In The US ($billions)
Figure 5. Spend On EHS Services In 2020 By Industry EHS Risk Ctegory ($billions)
Figure 6. 2020-2025 Forecast For EHS Services In The US ($billions)
Figure 7. 2020-2025 Forecast For EHS Services Lines In The US ($billions)
Figure 8. Compound Annual Growth Rates For 11 EHS Service Lines In The US (2020-2025)
Figure 9. 2020-2025 Forecast Of EHS Service Spend By EHS Risk Category ($billions)

About the authors

Bill Pennington

VP Research, EHS & Risk Management
Bill is the VP Research for the Verdantix EHS & Risk Management practices. His current agenda focuses on understanding the evolution of EHS and enterprise risk management, evaluating emerging strategic risks and benchmarking technology buyers’ budgets, priorities and preferences globally.

Steve Bolton

Research Director

Steve leads the Verdantix EHS research practice, based out of our New York office. He has 25 years of experience advising on sustainability, EHS, circular economy, corporate social responsibility and other business value topics. Steve received a dual environmental science and public policy Bachelor's degree from The College of William and Mary, a Master of Environmental Management degree from Duke University, and an MBA degree from James Madison University.

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