Press release
Bamboos Market Competitive Analysis with Leading Market Players - Dasso Industrial Group Co. Ltd., EcoTimber Inc., EcoPlanet Group LLC, Eldorado Bambu, Xingli Bamboo Products Company, Moso International BV, GRASSuilt LLC
Bamboo is a versatile multi-purpose forest produce that plays a vital role in domestic and industrial economies. Various industrial applications of bamboos include food production, wood substitute, pulp and paper, handicrafts, medicinal products, cottage industries, and charcoal production. Bamboo is one of the highly renewable resources in the socio-economic and ecological-climatic-functional context with more than 1,500 recorded uses.Download PDF Brochure : www.coherentmarketinsights.com/insight/request-pdf/2463
Market Dynamics:-
Bamboo has major applications in paper & pulp industry as raw material for the manufacturing of paper and paperboard. Growing demand of paper and paperboard globally is expected to drive growth of the global bamboo industry over the forecast period. According to the PG Paper, global paper and paperboard demand was registered at US$ 390 million tons in 2015, which is expected to increase to 490 million tons by 2020.
Market Outlook:-
Asia Pacific is expected to dominate the global bamboo market, owing to significant consumption of bamboo in paper & pulp industry along with construction industry. Growing construction industry coupled with rising disposable income is also fueling growth of the market. For instance, according to Central Pulp & Paper Research Institute- India, paper & pulp consumption in India was registered at 17.99 million tons in 2014-15 which grew to 18.48 million tons in 2015-16.
Key players in the Global Bamboos Market:-
Key players operating in the global bamboos market include Dasso Industrial Group Co. Ltd., EcoTimber Inc., EcoPlanet Group LLC, Eldorado Bambu, Xingli Bamboo Products Company, Moso International BV, GRASSuilt LLC, Bamboo Australia Pty Ltd, Jiangxi Kangda Bamboo Ware Group Co. Ltd., and Yokoyama Bamboo Products Co. Ltd.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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