Bamboos Market Research | Growth Overview and Trends Analysis with Forecast 2032
The rising demand for bamboo-based Flooring and other construction materials is one of the main drivers boosting the market for bamboo.
The global Bamboos Market size was valued USD 61.9
billion in 2022 and is expected to reach a value of USD 92 billion in 2032 and
register a revenue CAGR of 4.5% during the forecast period.
There is a huge increase in demand for bamboo products
as a result of growing awareness of the harmful effects of deforestation and
the necessity of sustainable sourcing. Since bamboo is a material that is
extremely renewable and has a growth rate of up to 91 cm per day, it is seen as
an environmentally benign substitute for traditional wood products. Moreover,
bamboo has a high strength-to-weight ratio, which makes it a perfect material
for building and furnishings.
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Competitive Landscape:
The global market comprises various market players
operating at regional and global levels. These key players are adopting various
strategies such as license agreements, partnerships, merger and acquisitions,
collaborations, R&D investments, and joint ventures to gain robust footing
in the market.
Major Companies:
- BambroTex Inc.
- Bamboo Village Company
- Cali Bamboo LLC
- Dasso Industrial Group Co., Ltd.
- Guangdong Huayu Timber Co. Ltd.
- Higuera Hardwoods LLC
- Moso International B.V.
- Shanghai Tenbro Bamboo Textile Co., Ltd.
- Tropical Forest Products
- Yoyu Company Limited
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Bamboos Market
Segmentation:
By Species Type Outlook:
- Bambusa
- Dendrocalamus
- Phyllostachys
- Others
By Application Outlook:
- Construction
- Furniture
- Paper and Pulp
- Textile
- Others
Regional Outlook:
·
North America (U.S.,
Canada, Mexico)
·
Europe (Germany, U.K.,
Italy, France, BENELUX, Rest of Europe)
·
Asia Pacific (China,
India, Japan, South Korea, Rest of Asia Pacific)
·
Latin America (Brazil,
Rest of LATAM)
·
Middle East & Africa
(Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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