The global bamboos market would progress at a high double-digit CAGR during 2022 – 2029, reaching a mark of US$ 12 Bn in 2029, as projected by a new Future Market Insights (FMI) study. Ascending demand from key end-use industries such as paper & pulp, building & construction, textile, and wood is projected to primarily drive demand for bamboos.
Bamboo is a versatile multi-purpose forest produce and plays a vital role in the world’s domestic and industrial economies. Bamboo and bamboo-based products are used for a wide range of indoor and outdoor applications, owing to its abundance and versatility.
Key Takeaways – Bamboos Market Study
- The pulp & paper end-use industry segment in the global bamboos market is witnessing high growth, and is expected to follow the same trend over the forecast period owing to utilization of bamboo as a raw material in the production of paper & pulp.
- Bamboo produces about 35% more oxygen as compared to other trees. Additionally, its biomass is an efficient and cheap fuel for power generating units. As a result of this, the power sector is focusing on bamboos as a source of fuel for power generation.
- Asia Pacific (APAC) is expected to maintain its dominance in the global bamboos market throughout the forecast period in terms of volume as well as value. This can be mainly attributed to the growing construction industry in China and India, supported by surging infrastructural investments. APAC has more than half of the total bamboo species available in the world.
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Thriving penetration of green building technologies is supporting the demand for bamboos due to utilization in construction of scaffolding. Moreover, there is a continuous demand for bamboo furniture, plywood, and outdoor decking in various countries.
Key Companies Profiled
- Moso International BV
- Shanghai Tenbro Bamboo Textile Co. Ltd,
- Kerala State Bamboo Corporation Ltd,
- Bamboo Australia Pty. Ltd.
- Ecoplanet Bamboo
- Smith & Fong Co. Inc.
- Jiangxi Kangda Bamboo Ware Group Co. Ltd.
- Fujian Jianou Huayu Bamboo Industry Co. Ltd.
- Jiangxi Shanyou Industry Co. Ltd.
Bamboos Market – Regional Analysis
High growth in construction, pulp & paper, and furniture industries is expected to be a key driving factor for bamboos market growth. China is a large exporter of processed bamboo products such as bamboo plaiting, bamboo shoots, bamboo panels, wood charcoal of bamboo, etc., whereas countries such as the U.S., Canada, and other European countries where very small bamboo resources are available import bamboo products requirement from other bamboo-rich countries.
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Bamboos Market By Category
By End-Use Industry :
- Wood and Furniture
- Timber Substitute
- Plywood
- Mat Boards
- Flooring
- Furniture
- Outdoor Decking
- Construction
- Scaffolding
- Housing
- Roads
- Food (bamboo shoots)
- Pulp & Paper
- Textile
- Agriculture
- Others (charcoal & handicrafts)
By Region :
- North America
- Latin America
- APAC
- EMEA
Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market Background
3.1. Macro-Economic Factors
3.2. Parent Market Overview
3.3. Forecast Factors – Relevance & Impact
3.4. Value Chain
4. Global Bamboos Market Analysis 2014-2021 and Forecast, 2022-2029
4.1. Historical Market Value (US$ Mn) and Volume Analysis, 2014-2021
4.2. Current and Future Market Value (US$ Mn) and Volume Projections, 2022-2029
4.3. Y-o-Y Growth Trend Analysis
TOC Continued…!
Related Links
https://waoop.com/read-blog/41885
https://www.xaphyr.com/blogs/217261/United-States-and-Canada-Alumina-Market-Size-Share-Growth-Trends
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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