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Will Bamboos Market witness sustainable growth in coming years? Dasso Industrial Group Co. Ltd., EcoTimber Inc., EcoPlanet Group LLC, Eldorado Bambu, Xingli Bamboo Products Company, Moso International BV

Bamboos

Bamboos

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.

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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.

Bamboo shoots are extensively used in foods, owing to its numerous health benefits such as low calorie and richness in potassium, copper, and iron. Growing health consciousness among population have positively increased the adoption of high nutrients and low calorie food since recent past, which is expected to drive the bamboo market growth over the forecast period.

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.

Market Taxonomy:-

On the basis of application, the global bamboos market is segmented into:

Furniture
Timber Substitute
Outdoor decking
Furniture
Flooring
Mat boards
Plywood

Construction
Scaffolding
Housing
Roads

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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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