Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Forestry & Landuse Carbon Credit Market size was over USD 24.88 billion in 2024 and is anticipated to cross USD 132.05 billion by 2037, witnessing more than 13.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of forestry & landuse carbon credit is estimated at USD 27.61 billion.
This growth of the revenue in the market is poised to be encouraged by the growing prevalence of deforestation. Grass deforestation in the world reached over 6 million hectares and the situation in tropical forests is set to be worse where Denmark-sized land has been lost. As a result, the demand for forestry & landuse carbon credit is predicted to rise.
Furthermore, strict regulations have been launched by regulatory bodies which is further influencing the organizations to understand their responsibility towards the environment and additionally boosting their desire to increase environmental credentials. They are achieving this by purchasing carbon credits hence displaying their commitment towards sustainability. Therefore, this element is also poised to encourage the market expansion for forestry & landuse carbon credit over the years to come.
