Global Voluntary Carbon Credit Market Growth (Status and Outlook) 2023-2029

Global Voluntary Carbon Credit Market Growth (Status and Outlook) 2023-2029

The global Voluntary Carbon Credit market size is projected to grow from US$ 1412.1 million in 2022 to US$ 5577.4 million in 2029; it is expected to grow at a CAGR of 21.7% from 2023 to 2029.

The key players in the global Voluntary Carbon Credit Trading market are like South Pole Group and 3Degrees, etc. The top three players hold a share over 50% around the world. Europe is the largest market, has a share about 50%, followed by North America, with share approximately 30 %. Based on the product type, forestry is the largest part that account for over 60%. In terms of application, enterprise also has a share over 60 %.

Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases. There are two markets for carbon offsets. In the larger, compliance market, companies, governments, or other entities buy carbon offsets in order to comply with caps on the total amount of carbon dioxide they are allowed to emit. This market exists in order to achieve compliance with obligations of the Kyoto Protocol, and of liable entities under the EU Emission Trading Scheme. In the much smaller, voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources. For example, an individual might purchase carbon offsets to compensate for the greenhouse gas emissions caused by personal air travel. Many companies offer carbon offsets as an up-sell during the sales process so that customers can mitigate the emissions related with their product or service purchase (such as offsetting emissions related to a vacation flight, car rental, hotel stay, consumer good, etc.).

LPI (LP Information)' newest research report, the “Voluntary Carbon Credit Industry Forecast” looks at past sales and reviews total world Voluntary Carbon Credit sales in 2022, providing a comprehensive analysis by region and market sector of projected Voluntary Carbon Credit sales for 2023 through 2029. With Voluntary Carbon Credit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Voluntary Carbon Credit industry.

This Insight Report provides a comprehensive analysis of the global Voluntary Carbon Credit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Voluntary Carbon Credit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Voluntary Carbon Credit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Voluntary Carbon Credit and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Voluntary Carbon Credit.

This report presents a comprehensive overview, market shares, and growth opportunities of Voluntary Carbon Credit market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Renewable Energy
Waste Disposal

Segmentation by application

This report also splits the market by region:
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
South Pole Group
ClimatePartner GmbH
Green Mountain Energy
First Climate Markets AG
Aera Group
Allcot Group
Swiss Climate
NatureOffice GmbH
Element Markets
Bischoff & Ditze Energy GmbH
UPM Umwelt-Projekt-Management GmbH
Carbon Credit Capital
Global Other

Please note: The report will take approximately 2 business days to prepare and deliver.

*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Voluntary Carbon Credit Market Size by Player
4 Voluntary Carbon Credit by Regions
5 Americas
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Voluntary Carbon Credit Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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