Product impact assessment is a systematic methodological approach for evaluating the potential environmental, social, and economic consequences associated with a product throughout its entire lifecycle. This research field investigates impacts ranging from raw material extraction, manufacturing, distribution, use, and end-of-life disposal, employing multi-criteria analysis and data evaluation to provide comprehensive insights. Its significance lies in informing design choices, optimizing supply chains, guiding policy, and supporting the transition towards more sustainable production and consumption patterns by quantifying and comparing the burdens and benefits of products.