Bamboos Market Forecasts to 2028 – Global Analysis By Type (Ornamental, Practical), Product (Herbaceous Bamboos, Tropical Woody Bamboos), Application (Raw Materials, Industrial Products) and By Geography
According to Stratistics MRC, the Global Bamboos Market is accounted for $75.85 billion in 2020 and is expected to reach $130.32 billion by 2028 growing at a CAGR of 7.0% during the forecast period. The growing use of bamboos by individuals for its health benefits and increasing acceptance of bamboos in pulp and paper, textile industry, handicrafts, home furnishing, etc are driving the market growth. However, the high-cost requirement for the manufacture of bamboo-based products is hampering the growth of the market.
Bamboo is a type of grass with a hard, woody, hollow stem. Bamboos are found in varied climates, from cold mountains to hot tropical provinces. A bamboo mostly last for longer periods of time, grow every year, and stays green year round. There are loads of varieties of bamboos; around 1,400 different types of bamboos are used in numerous end use applications from construction to medicine.
Based on the end user, the food (bamboo shoots) segment is going to have lucrative growth during the forecast period, as bamboo shoots are widely used in foods, due to its abundant health benefits such as low calorie and richness in potassium, copper, and iron. Rising health awareness amongst population has certainly increased the acceptance of high nutrients and low calorie food since recent past, which is predictable to drive the market growth.
By geography, Asia Pacific is going to have high growth during the forecast period, due to numerous government policies focus on encouraging bamboo and rattan cultivation to drive sustainable income for farmers. These government policies are projected to present new avenues for market growth. The Indian Parliament passed a bill to declassify bamboo as a tree, thereby creating profitable growth opportunities for mid- & small-scale manufacturers to manufacture processed bamboo products owing to major consumption of bamboo in the paper & pulp industry along with the construction industry. The growing construction industry coupled with rising disposable income is also fuelling the growth of the market in this region.
Some of the key players profiled in the Bamboos Market include Advantage Fibres, America Hoy Technology, Bamboo Australia Pty Ltd., Bo Group, CFF GmbH, Fujian Jianou Huayu Bamboo Industry Co., Ltd., International Fiber Corporation, Jiangxi Kangda Bamboo Ware Group Co., Ltd., Kerala State Bamboo Corporation Ltd., Moso International B.V., Shanghai Tenbro Bamboo Textile Co. Ltd., Smith & Fong Co Inc., Tengda Bamboo-Wood Co. Ltd., TIC Gums, Wild Fibres.
Estimated Market Size in 2020:
USD 75.85 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 130.32 billion
Tables, Graphs& Figures
Type, Product, Application, Sales Channel, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Herbaceous Bamboos
• Tropical Woody Bamboos
• Temperate Woody Bamboos
• Raw Materials
• Industrial Products
Sales Channel Covered:
• Direct Channels
• Indirect Channels
End Users Covered:
• Wood and Furniture
• Paper and Pulp (Bamboo Clothing)
• Food (Bamboo Shoots)
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Bamboos Market is majorly driven by the growing demand for bamboo fiber and increasing investment in clothing and furnishing.
The wood and furniture segment is growing at a highest CAGR, owing to rising demand for quality furniture across the globe.
Middle East & Africa dominated with a significant market share due to the factors such as the increasing government initiatives for maximizing the production of bamboos and rattan.
North America market is growing at a highest CAGR owing to the rising demand for furniture with the rapid growth of per capita income of the consumer in the region.
Key players in Bamboos Market include Advantage Fibres, America Hoy Technology, Bamboo Australia Pty Ltd., Bo Group, CFF GmbH, Fujian Jianou Huayu Bamboo Industry Co., Ltd., International Fiber Corporation, Jiangxi Kangda Bamboo Ware Group Co., Ltd., Kerala State Bamboo Corporation Ltd., Moso International B.V., Shanghai Tenbro Bamboo Textile Co. Ltd., Smith & Fong Co Inc., Tengda Bamboo-Wood Co. Ltd., TIC Gums, Wild Fibres.
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