The global digital product passport (DPP) market size was valued at USD 213.9 million in 2024 and is projected to reach USD 1230.9 million by 2030, registering a strong CAGR of 34.9% from 2025 to 2030. This exceptional growth is primarily fueled by the increasing global demand for product transparency, sustainable manufacturing practices, and solutions aligned with the circular economy. Governments, consumers, and businesses are placing greater emphasis on the traceability of products, efficient use of resources, and the minimization of environmental impacts throughout the entire product lifecycle.

Across industries, companies are increasingly adopting Digital Product Passport (DPP) systems to enable seamless tracking and sharing of detailed product-related information. These digital passports provide critical data about material origins, sourcing practices, environmental footprint, and end-of-life disposal or recycling options. The trend is further strengthened by growing consumer awareness about sustainability, investor demands for stronger environmental, social, and governance (ESG) performance, and the rising need for organizations to optimize their resource efficiency while reducing waste generation.

Key Market Trends & Insights:

• Europe currently leads the global market, holding the largest share of 36.29% in 2024. This dominance can be attributed to stringent European Union regulations and policies that emphasize transparency and circularity across industries. Within Europe, the United Kingdom is witnessing strong momentum in DPP adoption, particularly within the fashion and apparel sector, where sustainable sourcing and transparency are becoming critical competitive differentiators.
• The services segment accounted for over 30% share in 2024, reflecting the demand for consulting, implementation, and compliance support. However, the software segment is anticipated to experience the fastest growth during the forecast period, driven by increasing investments in cloud-based platforms, blockchain-enabled solutions, and AI-powered data integration systems that simplify compliance and ensure seamless data transfer.
• The textile and apparel segment emerged as a significant contributor to market revenues in 2024. This is due to rising regulatory and consumer-driven pressure for supply chain transparency, sustainable fabric sourcing, and recyclability. Meanwhile, consumer electronics is expected to experience the fastest growth through 2030, largely because of stricter e-waste regulations, the need for lifecycle traceability, and the shift toward greener electronics production.
• The on-premises segment accounted for a significant market share in 2024, reflecting the preference of large organizations for tighter control over sensitive data. However, the cloud-based deployment model is projected to grow at the highest rate, owing to its scalability, flexibility, and ability to facilitate real-time data sharing across global supply chains.

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Market Size & Forecast:

• 2024 Market Size: USD 213.9 Million
• 2030 Projected Market Size: USD 1230.9 Million
• CAGR (2025-2030): 34.9%
• Europe: Largest market in 2024

Key Companies & Market Share Insights:

The market is characterized by a mix of established players and emerging innovators, all contributing to the rapid development of the digital product passport ecosystem.

• SIEMENS: A major player leveraging its expertise in industrial automation and digitalization to develop DPP-related solutions that integrate with manufacturing processes, ensuring full visibility of product lifecycles.
• 3E: Specializes in environmental, health, and safety (EHS) compliance solutions, particularly in managing chemical and material data. Its platforms enable businesses to collect and maintain essential attributes such as substance declarations, regulatory flags (e.g., REACH, RoHS), and safety data sheets. These datasets are particularly vital for electronics, packaging, and chemical companies preparing for compliance with upcoming DPP regulations.
• Avery Dennison: Known for its labelling technologies, smart packaging, and digital identification systems. It provides RFID labels, QR codes, and cloud-based traceability platforms that connect physical products with digital records. For DPP applications, Avery Dennison enables companies to record and communicate essential details such as product composition, origin, and recyclability. Its solutions are widely used in apparel, logistics, and consumer goods industries, where traceability is both a regulatory and consumer-driven necessity.
• Billon Group: Focuses on secure digital identity, blockchain-based data transfer, and decentralized storage technologies. Its solutions are tailored to ensure immutable, transparent, and auditable records for DPP frameworks. With features like permissioned sharing, version control, and compliance auditing, Billon Group caters to organizations with complex cross-border supply chains and industries handling sensitive material disclosures.
• Circularise: An emerging innovator offering a blockchain-powered software solution that enables secure and confidential sharing of material and product data across supply chains. Its technology allows verification of environmental claims (such as recycled content or carbon footprint) without disclosing proprietary information, making it especially suitable for polymer manufacturers, electronics companies, and automotive suppliers.
• CIRPASS: A European Commission-funded coordination project aimed at building the foundational frameworks for DPP deployment. It brings together multiple stakeholders businesses, associations, and researchers to define technical specifications, data standards, and governance principles. CIRPASS particularly targets electronics, batteries, and textiles sectors, aligning DPP initiatives with EU circular economy policies.
• Det Norske Veritas Group (DNV): A global leader in risk management, quality assurance, and digital assurance services. In the DPP space, DNV provides data verification, audit readiness, and secure digital infrastructure, ensuring that passport information is accurate, reliable, and compliant. Its services are critical for sectors such as heavy industry, maritime, energy, and manufacturing, where lifecycle accountability and sustainability compliance are becoming mandatory.

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Conclusion:

The digital product passport market is set for strong growth as industries embrace transparency, sustainability, and circular economy practices. With Europe leading adoption and other regions following, advancements in blockchain and cloud technologies will further accelerate deployment. DPPs are expected to become a vital tool for compliance, resource optimization, and building consumer trust in the years ahead.