The global voluntary carbon offsets market is expected to reach USD 3917.78 million by 2028, growing at a CAGR of 34.56% during the forecast period. The market size was valued at USD 659.96 million in 2022. This report provides comprehensive insights into the market, including types, applications, and geographical locations. The report analyzes the impact of COVID-19 on the industry and includes emerging market trends, mergers and acquisitions, and regional conflicts.
Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and represent the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases. The industry is dominated by key players such as Forest Carbon, NativeEnergy, and Biofílica.
The report considers the impact of COVID-19 on the voluntary carbon offsets market and how it has affected the global supply chain and raw material prices. It also examines the impact of the Russia-Ukraine war on the market.
The report highlights the challenges and opportunities in the market, including factors that may help create opportunities and boost profits for market players. It also discusses challenges that may restrain or pose a threat to the development of the players.
The geographical analysis covers regions such as the United States, Europe, China, Japan, India, Southeast Asia, Latin America, Middle East, and Africa.
The report is based on primary and secondary data sources, including interviews with key opinion leaders and industry experts, research of annual and financial reports of top companies, and cooperation with third-party databases.
The report includes chapters that cover market scope, industry overview, current competitive situation, regional analysis, analysis of market segments, analysis of different applications, and a forecast for the next five years. It also provides information on key players in the market, including their basic information, product profiles, market performance, and recent developments.
In conclusion, the global voluntary carbon offsets market is expected to experience significant growth during the forecast period. The market is influenced by factors such as the COVID-19 pandemic, regional conflicts, and emerging market trends. Key players in the industry are focusing on strategic decisions and implementation to seize opportunities and overcome challenges.
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