Land restoration is a process of restoring the natural landscape design, construction, and maintenance. This process is usually used for damage caused by natural disasters. Land restoration helps to enhance the ecosystem services, repair a damaged land, and create a safe habitat for humans, plants, and wildlife. The advantages of this process includes improving the tree cover, reducing long-term maintenance costs, and protecting and restoring natural area & native biodiversity. These factors are expected to drive growth of the market over the forecast period.
Increasing demand for repairing the eco-system by preventing and controlling pollution is one of the major factors driving the market growth:
Increasing demand to monitor and manage land use in urban areas is the major factor expected to boost global land restoration market growth. Land restoration is necessary for preventing and controlling pollution. Hence, it is a key factor for effective controlling the performance of different socioeconomic activities. Furthermore, various government mandates also help in preventing and controlling pollution. For instance, according to the Pakistan Environment Protection Act of 1997, regulatory framework for climate change related mandates from responsible agencies such as the Ministry of Environment.
Increasing requirement to reduce CO2 storage in soil is the major trend of the market:
The requirement to protect remaining lands in a cost effective way by reducing carbon dioxide storage in soil is one of the key trends for the global land restoration market growth. The major factors responsible for degradation of agricultural lands are population pressure, erosion, drainage or other processes that curtail productivity. However, land restoration helps to reduce carbon storage within the soil by enabling revegetation and improving fertility of soil, owing to these reasons, land restoration can help in supporting the economic growth by protecting use of natural and agricultural land.
However, mining activities are expected to restrain the growth opportunity of global land restoration market due to extensive environmental changes such as extreme strong acidity resulting from oxidation of pyrite and high metal concentrations.
Land Restoration Taxonomy:
On the basis of services, the global land restoration market is segmented into:
- By Business Function
- Real Estate/Site Acquisition
- Planning Design & Engineering
- Physical Restoration
- Landscaping & Other Supplies
- Financing & Legal Services
- By Activities
- Terrestrial Habitat Restoration & Management
- Wetland Restoration & Management
- Mitigation Banking
- Enhanced Stewardship
- Invasive Species Control & Management
- Clean-ups & Contamination Management
- Species Conservation & Management
- By Services
- Residential Services
- Commercial Services
- By Application
Land Restoration Regional Insights:
On the basis of geography, the global market for land restoration is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Land restoration market in Asia Pacific region is projected to witness faster growth over the forecast period due to forest restoration that includes protecting land and tree plantation. According to the Food and Agriculture Organization, the government introduced restoration programmes for planting 12 billion trees in an area of 4.25 million hectare. Forest restoration in this region increased from 35.6% in 2000 to 47.6% in 2015. China forest cover restoration increased from 8.6% in 1949 to 22.1% in 2015, which further increased its forest area by over 120 million hectare. Moreover, the presence of vast agricultural land in Asia Pacific region is increasing the demand for land restoration. This factors will significantly contribute in growth of land restoration market over the forecast period.
Land Restoration Competitive Background:
Major Key players operating in the land restoration market include Natural Texas, Land Restoration, Adaptive Restoration LLC, Land Life Company Sanderson Environmental, Neiman Environments, Inc., Agrecol LLC, Applied Ecological Services (AES), Angi, and WinterCreek Restoration & Nursery.