Digital Product Passport Market Growth, Future Scope, Key Segments And Forecast To 2030

Digital Product Passport Market Growth, Future Scope, Key Segments And Forecast To 2030
Siemens (Germany), 3E (US), Kezzler (Norway), and Circulor (UK), along with SMEs and startups such as Circularise (Netherlands), The ID Factory (Italy), Renoon (Netherlands), Spherity (Germany), and Carboledger (US).
Digital Product Passport (DPP) Market by Focus Area (Supply Chain Management, Circular Economy, Customer Engagement, Environmental Impact Assessment), Lifecycle Stage (Product Design, Production, Distribution, End of Life) – Global Forecast to 2030.

The Global Digital Product Passports (DPP) market will increase from an estimated USD 185.9 million in 2024 to USD 1,780.5 million by 2030, at a compound annual growth rate (CAGR) of 45.7%. The market for digital product passports, or DPPs, is expanding due to the increasing need for clear and thorough product lifecycle data to improve sustainability and compliance. The use of digital tools in supply chain management, manufacturing, and retail has increased, drawing attention to data-sharing frameworks, traceability, and circular economy principles. Businesses are making significant investments in increasingly sophisticated data collection and analysis methods as well as incorporating sustainability-driven KPIs.

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The combination of regulatory pressure, technological readiness, and increasing consumer expectations is driving Digital Product Passport (DPP) market growth, establishing DPPs as foundational elements of sustainability and circular economy strategies across various industries. Industry frontrunners like Tommy Hilfiger and Holz Weiler are implementing DPPs to fulfill consumer preferences for ethically sourced and sustainable products, especially in the fashion sector. To ensure transparency in sourcing, manufacturing, and recycling, the EU Ecodesign for Sustainable Products Regulation (ESPR) and EU Battery Regulation mandate comprehensive lifecycle tracking in industries like automotive electronics, textiles, or electronics in Europe. Battery passports are also becoming essential for monitoring sustainability and supporting decarbonization objectives. On the technology front, blockchain and IoT facilitate efficient material tracking, while AI-driven lifecycle analysis enhances compliance and operational efficiency. These technologies render DPPs both scalable and practical, even in intricate global supply chains.

By lifecycle stage, distribution segment will register the fastest growth rate over the forecast period owing to enhanced supply chain visibility and immutable tracking

The distribution stage is set to become the fastest-growing segment in the Digital Product Passport (DPP) market, driven by the increasing complexity of global supply chains and the demand for real-time traceability. Industries are under increased stress to guarantee authenticity, prevent counterfeiting, and comply with region-specific laws like the European Union’s Ecodesign for Sustainable Products Regulation (ESPR) as goods travel across national borders. By providing unalterable, blockchain-enabled documents tracking goods every step of their life, DPPs effectively tackle these obstacles and guarantee transparency and compliance. This attribute is crucial in industries such as pharmaceuticals, electronics, and luxury products, where product authenticity and traceability are critical. Companies are also using DPPs to improve consumer trust via provable data on product sources, simplify inventory management, lowering losses.

Rising adoption of digital product passport to combat counterfeiting of luxury fashion products will push fashion & textiles as the largest end user by market size in 2024

Fashion & textiles sector is poised to become the largest end user of DPPs by market share in 2024 due to the sector’s strong regulatory pressures, consumer demand for transparency, and the sheer volume of global production. The EU Strategy for Sustainable and Circular Textiles mandates that brands provide detailed lifecycle data on materials, production processes, and recyclability. To satisfy these needs and improve their sustainability credentials, top fashion companies including Stella McCartney and Patagonia have turned to DPPs. Adidas, for instance, uses DPPs to showcase ethical sourcing and promote transparency in its products, including those made from recycled ocean plastics. Furthermore, luxury brands such Prada and Burberry are using DPPs to track raw ingredients such as sustainable leather and organic cotton and fight counterfeit goods. Consumers increasingly demand sustainable fashion which drives companies to employ DPPs to distribute provable information on their source. With its reliance on global supply chains, material diversity, and intense scrutiny, fashion and textiles dominate the DPP market.

Asia Pacific is set to become the second largest region by market share behind Europe, fueled by rising export requirements and a growing focus on sustainability

Asia Pacific ranks as the second largest region by market share in the DPP market, propelled by its extensive manufacturing capabilities, evolving regulations, and increasing emphasis on sustainability. Nations such as China, Japan, and South Korea lead in worldwide production within industries like electronics, textiles, and automotive, where DPPs are being more widely utilized to satisfy global compliance requirements and consumer expectations. China, for example, has embraced blockchain for traceability in electronics and textiles, with businesses including Huawei deploying DPP-based systems to guarantee transparency in their supply chains. In Japan, automakers like Toyota are leveraging lifecycle tracking systems for EV batteries to comply with global sustainability initiatives. Hyundai Motor Group of South Korea is also considering battery passports to meet worldwide circular economy targets. Moreover, increasing export demands to Europe, where DPP regulations are more stringent, compel Asian producers to implement these systems to preserve market access. Asia Pacific’s function as a worldwide manufacturing center and growing consciousness of sustainability reinforce its status as an essential participant in the DPP market.

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Unique Features in the Digital Product Passport Market

A DPP gives every product a persistent, machine-readable identity (QR, RFID, GS1 ID or similar) that links to a verified record of origin, manufacturer, batch and manufacturing date — making provenance auditable from raw material to retail.

DPPs store detailed material lists (down to polymer types, coatings, rare metals) and recyclability instructions so recyclers, regulators and consumers know exactly what a product contains and how it should be processed at end-of-life. This level of granularity is designed to increase circular recovery rates.

Beyond static specs, passports can include repair manuals, spare-part references, authorized service logs and a product’s maintenance history — enabling easier repair, extending useful life, and supporting reuse or resale markets.

DPPs act as a single source of truth for regulatory attributes (substance restrictions, eco-labels, carbon footprints, declarations required under rules like the EU’s Ecodesign/ESPR), simplifying audits and demonstrating legal compliance across jurisdictions.

Major Highlights of the Digital Product Passport Market

The Digital Product Passport market is primarily driven by strong regulatory momentum, especially in the European Union under the Ecodesign for Sustainable Products Regulation (ESPR). The EU’s initiative aims to make DPPs mandatory across sectors such as textiles, electronics, batteries, and construction materials by 2030. Other regions are following suit, positioning DPPs as a critical compliance and sustainability tool worldwide.

The rising global focus on circular economy principles is boosting DPP adoption. By providing visibility into product materials, origin, and end-of-life potential, DPPs enable efficient recycling, reuse, and remanufacturing processes. This shift is helping businesses reduce waste, meet sustainability targets, and enhance brand responsibility.

Blockchain and Internet of Things (IoT) integrations are becoming major highlights in the DPP ecosystem. Blockchain ensures immutable data records and transparency across supply chains, while IoT sensors capture real-time information about product conditions and usage. Together, they enhance trust, traceability, and automation across product lifecycles.

Initially focused on electronics and textiles, the Digital Product Passport concept is rapidly expanding into industries like automotive, construction, cosmetics, packaging, and batteries. This broadening scope is creating a multi-sectoral market with customized DPP models tailored to material complexity, product life, and sustainability goals.

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Top Companies in the Digital Product Passport Market

Some leading players in the digital product passport market comprise of AVL (Austria), Eviden (France), iPoint-systems (Germany), DNV (US), Narravero (Germany), Optel Group (Canada), Siemens (Germany), 3E (US), Kezzler (Norway), EON (US), Circulor (UK), LyondellBasell (Netherlands), Arianee (France), Billon Group (UK), Qliktag (US), Protokol (Netherlands), Circularise (Netherlands), The ID Factory (Italy), Renoon (Netherlands), Spherity (Germany), ASM Global (India), Carboledger (US), Scantrust (Switzerland), Pathway Digital Products (UK), Minespider (Germany), Cirpass (France), Piconext (US), and PSQR (Denmark). These players have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the Digital Product passport market.

Siemens

Siemens stands as a worldwide leader in technology, acclaimed for its cutting-edge solutions in various fields, such as automation, digitalization, and electrification. Siemens leads the digital transformation of global industries with a strong portfolio that includes industrial machinery, smart infrastructure, and healthcare. The company has played a crucial role in incorporating advanced technologies like artificial intelligence, the Internet of Things (IoT), and cloud computing into conventional industries, assisting businesses in improving efficiency, sustainability, and productivity. Siemens’ dedication to innovation is demonstrated through its substantial investment in research and development, enabling it to sustain its competitive advantage in the worldwide market. An important aspect of Siemens’ offerings is its play in the digital product passport area, whereby it plays a very significant role in promoting transparency and traceability throughout the entire lifespan of the products. It gives aiding industries meet the regulatory requirements, reduce waste, and enhance circular economy practices through solutions providing digital storage for the product’s information regarding manufacturing processes, materials, and sustainability data. Siemens is assisting businesses in improving resource management, strengthening supply chain resilience, and achieving more sustainable manufacturing methods through its digital product passport solutions.

DNV

DNV (Det Norske Veritas) is an international quality assurance and risk management firm renowned for its independent certification, technical services, and creative solutions across multiple sectors. Founded in 1864, DNV has been crucial in industries like energy, maritime, oil and gas, renewable resources, and healthcare. The company operates with a mission to safeguard life, property, and the environment through its services, which include risk management, sustainability solutions, and certification. DNV’s expertise spans from assuring operational safety in complex industries to enabling digital transformation and sustainability through innovative technologies. In the digital product passport market, DNV is actively contributing by offering services that ensure products’ compliance with environmental, social, and governance (ESG) standards. A digital product passport allows a detailed, digital record of a product’s lifecycle, enhancing transparency, traceability, and sustainability. DNV provides services in this field by establishing frameworks and standards to evaluate the carbon footprints, recycling possibilities, and other sustainability measures of products, enabling industries to comply with regulations and enhance circularity. The company’s strategy is in line with the worldwide movement towards more sustainable and accountable management of product lifespans.

Eviden

Eviden is a worldwide frontrunner in digital transformation, focusing on delivering advanced solutions to boost innovation in different sectors. The firm concentrates on utilizing cutting-edge technologies like AI, cloud computing, cybersecurity, and data analytics to enhance business growth and operational effectiveness. Eviden helps organizations maximize their digital assets, enhance customer experiences, and achieve sustainable outcomes. In the digital product passport industry, Eviden is positioning itself as a key player by offering robust solutions that enable manufacturers and businesses to track and authenticate products throughout their entire lifecycle. Digital product passports- electronic documents, which provide significant information regarding a product’s origin, production process, and its ecological features-will become very popular with increased consumer demand for transparency and sustainability. Eviden already offers solutions to this by generating secure, scalable platforms that would integrate easily into the existing systems of enterprises.

AVL

AVL, a major Austrian mobility technology company, created the Digital Battery Passport, a cloud-based solution that improves transparency and compliance throughout the battery value chain. This platform enables seamless data sharing among battery manufacturers, suppliers, recycling firms, and regulatory authorities, assuring compliance with forthcoming EU laws that will need digital product passports for batteries larger than 2 kWh beginning in 2027. AVL’s Digital Battery Passport promotes environmental and social sustainability within the industry by offering a secure and efficient means of recording and reporting battery data throughout its lifecycle, in addition to assisting with regulatory compliance.

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