Bamboos Market 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. The global bamboos market would progress at a high double-digit CAGR during 2019 - 2029, reaching a mark of US$ 12 Bn in 2029, as projected by a new Future Market Insights (FMI) study.

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.

Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-347

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.

Pulp & Paper Industry Accounts for Significant Revenue Share

Manufacturers are prioritizing the pulp & paper industry as their target customers, as it accounts for over 40% of the total demand for bamboos in the global market. The construction and wood & furniture (Such as plywood, and mat boards) industries are also contributing significantly to the market revenues,

where sales collectively worth about US$ 2 Bn are grabbing huge attention of market players. While these end-use industries continue to lead the pack in the bamboos market, sales opportunities are being observed via the textile and agricultural industries.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-347

Who Is Winning the Bamboos Landscape?

The global bamboos market is fairly fragmented, with small- and medium-scale enterprises accounting for major market share in the global market. Some of the key market players included in the report are Moso International B.V., Bamboo Village Company Limited, and Shanghai Tenbro Bamboo Textile Co. Ltd. New product launches and developments are some of the key strategies adopted by market players to retain their position in the global bamboos market. The companies are engaged in continuously participating in different events, conferences, tradeshows and seminars to market their newly launched products across the globe.

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.

Bamboos market taxonomy

End-use Industry
• Wood and Furniture
• Construction
• Food (Bamboo Shoots)
• Pulp & Paper
• Textile
• Agriculture
• Others (Charcoal & Handicraft)

Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-347

Know More About What the Report Covers

FMI, in its new research report offers an unbiased analysis of the global bamboos market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2029. The study reveals insights on the bamboos market and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the bamboos market value chain. Readers can also find key trends and market growth scenarios based on end-use industry and regions such as North America, Latin America, APAC, and Europe and Middle East & Africa (EMEA).

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.