The market for digital product passports (DPPs) is expanding quickly as industries place a greater emphasis on compliance, sustainability, and transparency. DPPs help companies enhance decision-making, streamline operations, and meet environmental, social, and governance (ESG) goals by providing thorough information about a product's lifecycle, from its source to its recyclability. Growing regulatory constraints, consumer demands for transparency, and advancements in technology such as blockchain, IoT, and AI that have made DPPs more scalable and accessible are the main drivers of this expansion. By implementing DPPs, industries like manufacturing, retail, and healthcare are changing supply chain management, building trust, and achieving objectives linked to global sustainability and a circular economy.

The 360 Quadrant maps the Digital Product Passport (DPP) companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Digital Product Passport (DPP) quadrant. The top criteria for product footprint evaluation included Focus Area (Supply Chain Management, Circular Economy, Customer Engagement, Environmental Impact Assessment), Lifecycle Stage (Product Design, Production, Distribution, End of Life), offering and end-user.

Key Players:

Some leading players in the digital product passport market comprise 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), 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.

Spherity

Spherity is a global leader in digital identity and trust management, developing cutting-edge solutions for secure data exchange and regulatory compliance across industries. Its technology empowers businesses in automotive, healthcare, finance, and supply chain management by enabling secure, verifiable, and transparent data-sharing practices. Leveraging self-sovereign identity (SSI) principles, Spherity provides a decentralized approach to digital identity verification, reducing fraud risks and ensuring compliance with regulatory standards.

The company offers advanced digital wallets and comprehensive identity management systems designed to enhance privacy, data integrity, and operational efficiency. As a pioneer in the digital product passport (DPP) market, Spherity is equipping industries with tools to meet growing sustainability and transparency requirements. Its VERA platform enables manufacturers to integrate DPPs for seamless traceability and compliance with European Union regulations on circular economy and sustainability. By ensuring efficient tracking, verification, and management of products throughout their lifecycle—from sourcing and manufacturing to recycling—Spherity is driving the future of responsible and transparent supply chains.

Circularise

Founded in 2016, Circularise is a Netherlands-based technology company dedicated to enhancing supply chain transparency and advancing circular economy principles. Specializing in secure digital solutions, Circularise enables businesses to share critical data on materials, processes, and products while preserving confidentiality. By leveraging blockchain technology, its platform ensures the seamless tracking of goods and materials across complex supply chains, guaranteeing authenticity, compliance, and sustainability.

Protokol

Protokol is a leading provider of blockchain solutions, helping businesses harness decentralized technologies to address real-world challenges. Specializing in consulting, development, and implementation, Protokol delivers impactful solutions that drive innovation and growth across industries such as supply chain, manufacturing, finance, and sustainability. Its team of blockchain experts collaborates closely with clients to ensure seamless technology integration, aligning solutions with strategic business goals. With a strong focus on security, interoperability, and scalability, Protokol creates long-term value for businesses navigating the evolving digital landscape.