Green machine: A rising focus on environmental sustainability will underpin industry growth

While product labeling has a long history, the Eco and Green Certification Providers industry is a relative newcomer to the market. A growing percentage of consumers is willing to pay the extra buck for eco-friendly products, resulting in more businesses investing in developing and marketing green products. With continued economic growth, consumers have increased their spending on higher-priced green products, while businesses have continued to invest in sustainable practices thanks to increasing government funding and more stringent regulations. Over the five years to 2017, IBISWorld estimates that industry revenue will grow. Over the five years to 2022, industry growth will continue, despite increased scrutiny and controversy relating to ecolabeling...purchase to read more.

Industry Statistics & Market Size
Revenue
$477m
Annual Growth 12-17
3.8%
Forecast Growth 17-22
Profit
Employment
2,319
Businesses
284
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Since consumers are willing to pay extra for eco-friendly products, more businesses are investing in marketing green products
  • The industry heavily relies on government assistance
  • The pursuit of green certification is expected to underpin the development of new products
  • Industry Report - Industry SWOT Analysis Chapter

    IBISWorld estimates that the Eco and Green Certification Providers industry is in the growth stage of its life cycle. During the 10 years to 2022, industry value added, a measure of the industry's contribution to the economy, is projected to increase at an annualized rate of 3.5%. US GDP, meanwhile, is expected to grow at an annualized rate of 2.1% during the same period, indicating that the industry will increasingly constitute a larger share of the general economy. A new wave of environmental activism and impact investing is increasing ecolabeling activity, which has driven the industry's growth. For...purchase to read more.

    Additional Insights for the Eco & Green Certification Providers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Eco & Green Certification Providers Industry are

  • Access to multiskilled and flexible workforce
  • Ability to quickly adopt new technology
  • Recommendation/accreditation from authoritative source
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Consumer spending in the Eco & Green Certification Providers industry impact industry performance..

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    What's in this report

    What is the Eco & Green Certification Providers Industry?

    This industry certifies products as environmentally sound. Industry operators certify a variety of items, including food, consumer goods and buildings, and provides different certifications for these various goods and structures.This industry certifies products as environmentally sound. Industry operators certify a variety of items, including food, consumer goods and buildings, and provides different certifications for these various goods and structures.

    Industry Products
  • Agricultural product certification
  • Building certification
  • Household product certification
  • Industry Activities
  • Consumer product certification
  • Agricultural (including organic) certification
  • LEED building certification
  • Other green certifications
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Consumer spending
  • Regulation
  • Tax credits for energy efficiency

  • Current Performance
  • Going green
  • Government assistance
  • Roadblocks
  • Chart: Revenue Growth

  • Industry Outlook
  • Image matters
  • Environmental regulations
  • Companies expand
  • Table: Eco & Green Certification Providers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Eco & Green Certification Providers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Construction
  • Manufacturing

  • Key Selling Industries
  • Public Administration
  • Recycling Facilities
  • Waste Treatment & Disposal Services

  • Products & Services
  • Building certification
  • Agricultural product certification
  • Other
  • Household product certification
  • Chart: Eco & Green Certification Providers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Licensing fees
  • Other fees and services
  • Application fees
  • Grants and awards
  • Government support
  • Membership fees
  • Chart: Major Market Segmentation for the Eco & Green Certification Providers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesRent and utilitiesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Eco & Green Certification Providers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Eco & Green Certification Providers Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Eco & Green Certification Providers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Eco & Green Certification Providers Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Corporate profit (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Certification
  • Confirmation that a product has passed a certain test.
  • Green Products
  • Products that have less impact on the environment whether in their production, use or disposal.
  • Research And Development
  • Creative work undertaken by a company to increase knowledge, which can then by applied to developing a new product or improving an existing one.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Eco & Green Certification Providers contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Eco & Green Certification Providers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Eco & Green Certification Providers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Eco & Green Certification Providers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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