News

The global bamboos market size is expected to be worth around US$ 91.90 billion by 2030, according to a new report by Vision Research Reports.

The global bamboos market size was valued at US$ 54.28 billion in 2020 and is anticipated to grow at a CAGR of 6.7% during forecast period 2021 to 2030.

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Bamboos Market (By Application: Raw Materials, Industrial Products, Furniture, Shoots) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Report Coverage

Report Scope	Details
Market Size	US$ 91.90 billion by 2030
Growth Rate	CAGR of 6.7% From 2021 to 2030
Base Year	2021
Forecast Period	2021 to 2030
Segments Covered	Application
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	MOSO International B.V.; Bamboo Australia Pty. Ltd.; Bamboo Village Company Limited; EcoPlanet Bamboo; China Bamboo Textile Company Limited; Southern Bamboo Inc.; Dasso Industrial Group Co., Ltd.; Smith & Fong Co. Inc.; Anji Tianzhen Bamboo Flooring Co. Ltd.; Bamboo Bio Composites Sdn Bhd; Shanghai Tenbro Bamboo Textile Co. Ltd.; Kerala State Bamboo Corporation Ltd.; Jiangxi Feiyu Industry Co. Ltd.

Growth Factors

Growing investments focused on infrastructure development, increasing use of sustainable building/ construction resources, and rising consumer awareness regarding the uses and benefits of bamboos are expected to drive the market over the forecast period. Bamboos and rattan provide several environmental, economic, and social benefits to society. Bamboo is a sustainable resource that can grow under a range of climatic conditions, but preferably in a tropical climate. In addition, the global outbreak of COVID-19 negatively impacted the market growth in terms of production and consumption. The market for bamboos witnessed a weak demand for bamboo products owing to the nationwide lockdown that restricted the public movement affecting the consumption of bamboo products across the globe.

By Application Analysis

the industrial products segment dominated the market and captured a revenue share of over 36.0%. Bamboos and rattan are used in the manufacturing of various processed products, such as industrial products and furniture. These applications primarily include plywood, flooring, and pulp and paper.

Bamboos and rattan are also used in the form of shoots, primarily for medicinal purposes. Bamboo shoots offer health benefits that aid in digestion, spiritual healing, promote mental alertness, and can be used to treat depression and respiratory diseases, among others.

By Regional Analysis

Asia Pacific accounted for the largest revenue share of over 76.0% and is expected to witness the highest growth over the forecast period. Nowadays, several government policies focus on promoting bamboo and rattan cultivation to drive sustainable income for farmers.

The Middle East and Africa are projected to grow at a substantial rate over the forecast period on account of the increasing government initiatives for maximizing the production of bamboos and rattan, which, in turn, creates employment for people.

Key Players

• MOSO International B.V.
• Bamboo Australia Pty. Ltd.
• Bamboo Village Company Limited
• EcoPlanet Bamboo
• China Bamboo Textile Company Limited
• Southern Bamboo Inc.
• Dasso Industrial Group Co., Ltd.
• Smith & Fong Co. Inc.
• Anji Tianzhen Bamboo Flooring Co. Ltd.
• Bamboo Bio Composites Sdn Bhd
• Shanghai Tenbro Bamboo Textile Co. Ltd.
• Kerala State Bamboo Corporation Ltd.
• Jiangxi Feiyu Industry Co. Ltd.

Market Segmentation

• By Application
  • Raw Materials
  • Industrial Products
  • Furniture
  • Shoots
  • Others
• Regional
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Benelux
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
    • Vietnam
  • Central & South America (CSA)
    • Brazil
  • Middle East & Africa (MEA)

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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