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Charities

NGOs and Charitable Organizations Market to Reach $457.8 Billion by 2025

Strategic Insights

— 2 min read

The NGOs and charitable organizations market has experienced significant growth in recent years, driven by increasing corporate social responsibility, rising environmental awareness, and growing use of the internet. The market reached a value of nearly $329.3 billion in 2020, with a compound annual growth rate (CAGR) of 6.9% since 2015. The market is expected to grow at a CAGR of 6.8% from 2020 to 2025, reaching $457.8 billion, and then at a CAGR of 4.9% from 2025 to reach $528.1 billion by 2030.

Key Takeaways:

  • The NGOs and charitable organizations market is highly fragmented, with a large number of regional players operating in the market. The top 10 companies in the market occupied 4.05% of market share in 2020.
  • The trust and foundations market was the largest segment of the NGOs and charitable organizations market, accounting for 55.4% of the total in 2020. The voluntary health organizations market is expected to be the fastest growing segment in the NGOs and charitable organizations market, at a CAGR of 7.5% during 2020-2025.
  • The online market was the largest segment of the NGOs and charitable organizations market segmented by mode of donation, accounting for 85.0% of the total in 2020. The online market is expected to be the fastest growing segment in the NGOs and charitable organizations market, at a CAGR of 7.4% during 2020-2025.
  • Asia Pacific was the largest region in the NGOs and charitable organizations market, accounting for 38.2% of the total in 2020. The fastest-growing regions in the NGOs and charitable organizations market will be Asia Pacific (8.1% CAGR), Middle East (7.3% CAGR), Africa (7.0% CAGR), and Eastern Europe (6.7% CAGR).
  • The key organizations in the industry are focusing on expanding development across the globe through strategic partnerships and collaboration with regional/local organizations operating in the market.
  • The top opportunities in the NGOs and charitable organizations market segmented by type will arise in the trust and foundations segment, which will gain $79.4 billion of global annual sales by 2025.
  • The NGOs and charitable organizations market size will gain the most in India, at $29.5 billion.

Statistics:

  • The NGOs and charitable organizations market reached a value of nearly $329.3 billion in 2020.
  • The market is expected to grow from $329.3 billion in 2020 to $457.8 billion in 2025 at a rate of 6.8%.
  • The market is expected to grow at a CAGR of 4.9% from 2025 to reach $528.1 billion by 2030.
  • The trust and foundations market accounted for 55.4% of the total in 2020.
  • The online market accounted for 85.0% of the total in 2020.
  • The top 10 companies in the market occupied 4.05% of market share in 2020.

Sources:

  • ResearchAndMarkets.com
  • PRNewswire (March 29, 2022)

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