Ax Times Co., Ltd.
Researching policies, industries, companies, and markets regarding digital product passports
Conducting a systematic analysis of new circular economy policies and their impact on the market
……
Ax Times Co., Ltd. (Location: Chuo-ku, Osaka City, Osaka Prefecture, Representative Director: Norihiro Hashimoto), which provides research information services that improve business resolution, has published a research report that systematically analyzes new circular economy policies and their impact on the market. We are pleased to announce that the book “Digital Product Passport Survey on Global Policies, Industry Responses, and Market Trends 2023 Edition” was released on November 14, 2023.
In addition to selling reports, the results of this survey will be distributed as lectures and seminars that include the content of the survey results for economic organizations and local governments promoting decarbonization and carbon neutrality.
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[Contents organized in the investigation report]
Market overview regarding DPP, keywords for market changes, and future direction Trends in policies and DPP-related institutions and organizations in Europe, the United States, China, and Japan
Possible impacts by industry, trends of major companies, examples of battery passports, etc.
* At the back of this press release, we have provided information on purchase consideration support where you can check the contents of the research report for free, as well as information on online seminars. ■Research background/purpose
Digital Product Passport (DPP) is an electronic record that provides access to a product’s entire lifecycle, from raw material procurement to recycling, and is a measure to promote a circular economy. Although DPP is expected to have environmental effects such as improving the recycling rate of each product, there is also a concern that non-DPP compliant products will be excluded from the market, so private companies mainly in the manufacturing industry are impact on product strategy and supply chain.
In this study, we will analyze the DPP-related policies and government policies of Europe, the United States, China, and Japan, as well as the trends of related industries and major companies, in order to understand the impact of the introduction of DPP on the market and its future direction. This was carried out for the purpose of providing information.
■Survey results (excerpt)
[Keywords and positioning regarding DPP]
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*1 Information required for DPP: Organized by Ax Times based on the requirements of the European battery passport, which is scheduled to be introduced in advance.
*2 Resource recycling industries: Organized by Ax Times based on the industries indicated in the “Circular Economy Action Plan” published by the European Commission in 2020.
Currently, as a movement in accordance with the idea of a
sustainable society in the global market, industries that are based on mass production and mass disposal are shifting from a linear economy to a resource recycling industry (circular economy). is getting stronger. DPP is positioned as a measure to accelerate this movement, and Europe has decided to introduce it ahead of the global market. At DPP, we record information on product sustainability and
circularity, such as raw material information, carbon footprint, recycled material usage rate, and durability, in QR codes, etc., and create a system that allows the entire supply chain to understand this information. In addition, in order for different companies,
individuals, and institutions to manage and view information, we will build information infrastructure and integrated data infrastructure, and use advanced digital technologies such as blockchain to prevent information falsification and improve information security. It is also envisaged that it will be used.
By allowing companies and individuals (consumers) to share various types of information related to environmental considerations and resource recycling, consumers will have more opportunities to choose green products, expand the distribution of products and parts with high environmental performance, and encourage product recycling. It is expected to have effects such as activating venous flow. On the other hand, there are concerns about increased business risks such as the possibility that products that do not comply with DPP will be excluded from the market and the intensification of competition for raw materials with high environmental performance, so it is necessary to understand the potential impact of DPP in each industry. It is important to do so.
[Overview/Summary of the DPP market]
~ After 2026, DPP implementation will begin in Europe, and the impact on each industry and company will expand ~
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The Sustainable Products Initiative announced by the European Commission in 2022 set out a policy to introduce DPP as a measure to promote a circular economy. The United States, China, and Japan, like Europe, are promoting circular economy-related policies, but the specific timing of the introduction of DPP has not been disclosed. In Japan, the Cabinet SIP has been discussing the introduction of the Japanese version of DPP, and private companies are also starting to launch projects that envision the introduction of the Japanese version of DPP. In the future, it is expected that discussions on the introduction of DPP or similar circular economy-related measures will proceed in the global market, including Japan, while taking into consideration the possible impact on domestic industry.
In Europe, where specific preparations for introduction are underway, advance introduction in the battery area is planned, with the goal of starting from 2026, in line with regulations and guidance such as the “European Battery Regulation” and “Battery Passport.” I am. In addition, in the textile field, DPP is scheduled to be introduced around 2030 in accordance with the “Sustainable and Circular Textile Product Strategy.” In addition, there are legal amendments to promote the circular economy, such as the “Revision of Construction Material Regulations,” and the scope of application of DPP will be expanded in Europe in the future, not only in batteries and textiles, but also in various industries. It seems to be a thing.
■Survey items
1. Purpose of defining and implementing DPP
2. Market overview and direction regarding DPP
(1) Keywords and positioning regarding DPP
(2) Overview and summary of the DPP market
(3) Changes in the market environment linked to DPP
(4) Keywords and direction of market changes
3. Domestic and overseas trends regarding DPP (Europe, United States, China, Japan)
(1) Trends by country/region
(2) Trends on a time-series basis
(3) Future plans related to DPP
(4) Policy and overview regarding DPP
(5) Policies and trends regarding DPP/transition to resource recycling industry (6) Market impact analysis regarding DPP (Europe, US, China, Japan) 4. DPP-related laws, regulations and policies
(1) Europe
(2) United States
(3) China
(4) Japan
5. Agencies and organizations leading the DPP
6. Trends and potential impact by industry
(1) Trends in major industries related to DPP
(2) Products expected to be subject to DPP
7. DPP-related response trends of major domestic and overseas companies 8. Cases related to DPP
(1) Battery passport/Battery passport
(2) Information infrastructure/integrated data infrastructure construction 9. Digital technology to realize DPP
10. Trends in DPP-related solution vendors
■Survey overview
Research purpose: Providing information to understand the impact of DPP introduction on the market and future direction
Survey target: Domestic and overseas (Europe, US, China) policy and market trends regarding DPP
Research scope | Global (Policy research targets Europe, the United States, China, and Japan)
Research method | Organized and analyzed based on public information research by specialized market researchers
Survey period｜October 2023 to November 2023
Survey conducted | Ax Times Co., Ltd. New era energy and
decarbonization technology
■Product overview
Research report title: Survey on global policies, industry responses, and market trends of digital product passports 2023 edition
Publication date: November 14, 2023
Format: PDF_Slide16:9_31pages
Price: Business license version PDF 33,000 yen (tax included) / Corporate license version PDF 49,500 yen (tax included)
Detailed URL: https://axetimes.com/report/research-about_digital-product-passport_regional-policy-and-market-impact_global_2023-11/ ■Online seminar information “Digital Product Passport Survey Results Explanation”
We plan to hold an online seminar on January 16, 2024 for companies and organizations that have purchased the research report. Detailed information will be sent to participating companies and organizations. [Online seminar overview]
Seminar theme: Policy, industry, company, and market survey results regarding digital product passports
Seminar content: Explanation of the investigation report
Date and time: January 16, 2024 (Tuesday) 16:00-17:00
Holding method: Online distribution (Zoom planned)
Speaker: Ax Times Co., Ltd. In charge of new era energy and
decarbonization technology (person in charge of producing the research report)
Seminar participation fee: Free (only for companies and organizations that have purchased the research report)
Text: Purchased research report
Target of participation: Companies and organizations that have purchased the research report
(Up to 5 people related to the business that purchased the business license version)
(Up to 10 people related to the company/organization that purchased the corporate license version)
[Recommended for these people]
Those in a position to promote circular economy/resource recycling business development
Those who collect information related to overseas policies and decarbonization People who need to understand trends in a wide range of industries, such as raw material manufacturers
Capturing market changes through DPP is an important theme that can help avoid being shut out of the market and even lead to new product strategies. Please use the survey report for your future business activities.
■Purchase consideration service
Online interview method with a consultant
You can view the content during an online interview with a consultant. Method using information knowledge service for members
Advance membership registration is required, but you can check within the range of points that have been given to you free of charge. There are two ways to make your request: use the inquiry form on the product site or use web chat.
Product site: https://axetimes.com/report/research-about_digital-product-passport_regional-policy-and-market-impact_global_2023-11/ ■Company Profile Trade Name: Ax Times Co., Ltd. Representative: Norihiro Hashimoto, Representative Director Location: 8th Floor, Nomura Real Estate Midosuji Honmachi Building, 4-2-12 Honmachi, Chuo-ku, Osaka, Osaka 541-0053 Established: April 26, 2021 Business details: Sales of research reports, market research agency,
accompanying information support service, market research training, information knowledge service, Web media URL: https://axetimes.com [Inquiries regarding this matter] Axetimes Co., Ltd. TEL:
050-3555-6200 Inquiry form: https://axetimes.com/contact-form [PDF Press Release Download]