Markets for Environmental Products and Services: A Review of Asia Pacific Countries

Environmental services are increasingly becoming important after the acceptance of sustainable development as the development goal by several nations. Environmental services are somewhat diverse in their nature and are still emerging with the development of the sector.This paper presents a review of the markets for environmental services in the Asia-Pacific countries, namely, Australia, New Zealand, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea,Taiwan, and Thailand. It presents the diversity of the nature of markets for environmental services in terms of size, features, driving forces, buyers, sellers, and limiting factors, which present the concentration and strength of the market for these services in the above nations.This reflects the investment potential and opportunities for the emerging players in the field. At the same time, they also reflect some underlying characteristics of the specific markets, which can be used in strategizing the business by the service providing businesses, such as consulting and equipment manufacturing houses.