Austin, April 24, 2025 (GLOBE NEWSWIRE) -- Sustainable Manufacturing Market Size & Growth Insights:
According to the SNS Insider,“The Sustainable Manufacturing Market was valued at USD 199.66 billion in 2023 and is projected to reach USD 523.67 billion by 2032, growing at a CAGR of 11.31% from 2024 to 2032.”
Rising consumer demand for eco-friendly products and sustainable practices.
The Sustainable Manufacturing Market is driven by rising consumer demand for eco-friendly products, as people increasingly prioritize sustainability in their purchasing choices. This shift is prompting manufacturers across various sectors, such as food packaging and electronics, to embrace more sustainable practices, including using plant-based packaging and eco-friendly materials. In the US, the market was valued at USD 54.69 billion in 2023, with expectations to grow to USD 118.64 billion by 2032, driven by a CAGR of 8.98%. Products like tree-free toilet paper, eco-friendly detergents, and compostable goods are gaining traction. Consumers are also drawn to eco-labels, which offer transparency regarding a product's environmental impact.
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Leading Market Players with their Product Listed in this Report are:
- 3M (US): Adhesives, abrasives, filtration materials, nonwoven fabrics, sustainable packaging solutions.
- Braskem (Brazil): Renewable polyethylene (green plastic), bioplastics, sustainable packaging solutions, eco-friendly chemicals.
- Cirba Solutions (US): Lithium-ion battery recycling services, sustainable battery management solutions, resource recovery.
- NatureWorks LLC (US): Ingeo biopolymer (PLA), renewable plastic alternatives, sustainable packaging, eco-friendly fibers.
- Schneider Electric (France): Energy-efficient systems, smart grid solutions, sustainable building technologies, energy management software.
- Siemens (Germany): Energy-efficient industrial automation, smart infrastructure, sustainable energy solutions, digital factory technologies.
- Tesla (US): Electric vehicles, solar panels, energy storage systems, sustainable transport solutions.
- Umicore (Belgium): Recycling solutions for precious metals, cathode materials for electric vehicle batteries, sustainable automotive materials.
- Unilever (UK/Netherlands): Eco-friendly personal care, cleaning products, sustainable food and beverage solutions, biodegradable packaging.
- Veolia (France): Waste management, water treatment solutions, renewable energy, sustainable resource recovery.
- Indorama Ventures (Thailand): Recycled PET, sustainable polyester products, eco-friendly packaging solutions.
- Unifi (US): Recycled polyester fibers, eco-friendly yarns, sustainable textile materials.
- Dow (US): Biodegradable plastics, sustainable packaging materials, energy-efficient building solutions.
Sustainable Manufacturing Market Report Scope:
| Report Attributes | Details |
| Market Size in 2023 | USD 199.66 Billion |
| Market Size by 2032 | USD 523.67 Billion |
| CAGR | CAGR of 11.31% From 2024 to 2032 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segmentation | • By offering (Recycled Lithium Ion Battery, Water Reuse and Recycling, Recycled Plastics , Green Hydrogen, Recycled Steel, Recycled Aluminium, Recycled Carbon Fibre, Bioplastics & Biopolymers, Natural Fibre Composites) • By Vertical(Automotive, Energy, Electrical & Electronics, Packaging, Building & Construction, Marine, Aerospace, Power, Chemicals, Others) |
| Key Drivers | • Rising Consumer Demand for Eco-Friendly Products as a Key Driver in the Growth of the Sustainable Manufacturing Market. • Capitalizing on Rising Consumer Demand for Eco-Friendly Products in Sustainable Manufacturing. |
Furthermore, growing concerns over e-waste, particularly from products like wireless earbuds, and the environmental degradation linked to rare earth mineral extraction, highlight the urgency of sustainability in manufacturing. Companies are responding by investing in more sustainable solutions, such as cellulose-based detergents and packaging alternatives, to meet both regulatory and consumer demands for greener products. This movement is crucial, especially considering the unequal distribution of climate change impacts on different socioeconomic groups.
Sustainable Manufacturing Market Growth by Offering and Vertical: Key Trends and Drivers
By Offering
The Recycled Lithium-Ion Battery segment dominated the Sustainable Manufacturing Market in 2023, accounting for about 30% of the revenue. The demand is being instigated by the surging requirement of energy storage super systems, primarily in the domains of electric vehicles (EVs) and renewable energy. According to a new report, recycling lithium-ion batteries reduces the demand for new raw materials, which in turn reduces carbon emissions from mining and production and also promotes a circular economy.
The Green Hydrogen segment is expected to grow rapidly from 2024 to 2032, fueled by global decarbonization efforts. Produced from renewable sources like solar and wind, green hydrogen is a promising alternative to fossil fuels, further supported by government and corporate investments.
By Vertical
In 2023, the Automotive segment led the Sustainable Manufacturing Market, contributing around 30% of total revenue. This growth is driven by increasing sustainability concerns in automotive production, with manufacturers focusing on eco-friendly materials, energy-efficient processes, and low-emission vehicles. The shift from internal combustion engine (ICE) vehicles to electric vehicles (EVs) has significantly boosted the sector. Innovations like lightweight materials, recycled components, and renewable energy use are further supporting this trend.
The Packaging segment is expected to grow rapidly from 2024 to 2032, owing to a growing consumer inclination towards recyclable, biodegradable, and reusable packaging, as well as stringent environmental regulations and a transition towards circular economy models.
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North America Leads Sustainable Manufacturing, While Asia-Pacific Emerges as the Fastest-Growing Region
In 2023, North America led the Sustainable Manufacturing Market, holding around 40% of the global market share, driven by strong environmental sustainability efforts, progressive government policies, and increasing consumer demand for eco-friendly products. Manufacturers in the region are adopting renewable energy, eco-friendly materials, and advanced technologies to lower their carbon footprint. Key industries such as automotive, electronics, and packaging are focusing on sustainable practices to meet regulatory requirements and consumer expectations. North America is expected to maintain its leadership throughout the forecast period.
Asia-Pacific is projected to be the fastest-growing region over the forecast period 2024-2032, due to the adoption of pollution prevention methods in classical industries like automotive part and electronics, increasing environmental standards, and growth in renewable energy and technology. The development of sustainable infrastructure by countries such as China, Japan and India will only speed up this process.
Recent Development
- February 04, 2025, 3M's Chief Sustainability Officer, highlights the company's commitment to sustainability and carbon reduction across its diverse product lines. She discusses the challenges of addressing Scope 3 emissions and how 3M is integrating eco-friendly solutions into its manufacturing processes.
- 3 September 2024, Tesla's Gigafactories are pioneering sustainable manufacturing with large-scale production, including the Nevada plant, one of the world’s largest battery facilities. These factories enable Tesla to meet rising demand for electric vehicles and energy storage while reducing costs through economies of scale.
Table of Contents - Major Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates of Sustainable Manufacturing Technologies
5.2 Environmental Impact Metrics
5.3 Innovation in Material Usage
5.4 Consumer Preferences, by Region
5.5 Supply Chain Transparency
6. Competitive Landscape
7. Sustainable Manufacturing Market Segmentation, by offering
8. Sustainable Manufacturing Market Segmentation, by Vertical
9. Regional Analysis
10. Company Profiles
11. Use Cases and Best Practices
12. Conclusion
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