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Ecological Restoration Service Market Value to Reach US$ 87.9 Bn by 2031

08-02-2024 04:19 PM CET | Chemicals & Materials

Press release from: transparencymarketresearch

Ecological Restoration Service

Ecological Restoration Service

The global ecological restoration service market (생태복원 서비스 시장) is projected to expand at a CAGR of CAGR of 9.4% from 2022 to 2031, according to the market outlook presented in a study by TMR.

Increase in initiatives by governments of several countries across the globe to conserve nature are anticipated to present significant business opportunities in the market in the next few years.

The Food and Agriculture Organization (FAO) and United Nations Environment Program (UNEP) of the U.S. recently launched the UN Decade on Ecosystem Restoration program. The primary motive of this program is restoration of 1 billion hectares of degraded land by the end of 2030. It is considered a call to action for the global restoration and preservation of ecosystems for the benefit of the environment as well as humans.

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The Government of India is focusing on prevention of land acquisition issues in order to conserve resources. Hence, it is implementing stringent regulations related to infrastructure development and housing. Moreover, the government is adopting strategies such as public announcements and advertisements in order to spread awareness about the importance of conservation of resources.

Ecological Restoration Service Market: Key Findings

Restoration of more natural state of an ecosystem in order to make it diverse, sustainable, and healthy is of prime importance. This could assist in improving overall functioning and monitoring of the ecosystem. It can also benefit local people, as the restoration could offer improved water quality as well as recreational opportunities. Usage of ecological restoration services is rising across the globe in order to achieve these outcomes. This, in turn, is bolstering market growth.

Ecosystem restoration services are gaining popularity owing to their ability to help in enhancing agricultural productivity. Awareness about the need for ecosystem restoration in order to achieve food security is increasing. This is driving the demand for ecological restoration services globally, as per the TMR research report, which covers exhaustive data on historical and present market trends. Restoration of the aquatic population could help in boosting production of fisheries. Governments of several developed and developing countries are increasing investment in mangrove production, water management, and dryland agriculture. These factors are anticipated to fuel market development in the next few years.

Ecological Restoration Service Market: Growth Drivers

Increase in awareness about the need for ecological restoration globally is bolstering market expansion

Rise in initiatives by governments of developing and developed countries to support various ecological restoration projects is propelling market development

Regional Analysis

Asia Pacific accounted for 39.4% share of the global industry in 2021. The region is projected to present significant opportunities in the near future owing to swift urbanization, increase in industrial development, and significant rise in the regional population.

Europe and North America held 16.3% and 26.2% market share, respectively, in 2021. Growth of the market in these regions can be ascribed to increase in initiatives by governments for ecosystem development and rise in technological developments.

Ecological Restoration Service Market: Competition Landscape

Companies are focusing on R&D activities and integration of latest technologies in order to develop sustainable energy management in the agriculture industry
Players are adopting organic and inorganic strategies, such as mergers, acquisitions, and expansion of services, in order to gain market share
Ecological Restoration Service Market: Key Players

ENCAP
EnviroScience
Jacobszoon Forestry
SWCA Environmental Consultants
Polatin Ecological Services
Kimley-Horn
Integrated Environmental Restoration Services
Apache Ecological Service
Ecological Restoration Inc.
Green Skills
Envite Environment
Heartland Restoration Services

Ecological Restoration Service Market Segmentation

Type

Stream
Wetland
Land
Others (forest, etc.)

Service

Monitoring
Planning
Design & Engineering
Consulting
Physical Restoration
Site Acquisition
Others

End-use

Governmental Customers
Private Customers

Regions Covered

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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