Press release
Bamboos Market Business Opportunity, Top Key players, and Growth Forecast 2031
Bamboos Market
Commonly observed species of bamboos are moso bamboos, bambusa vulgaris, and few others. Among these, the bambusa vulgaris segment accounted for the highest market share in 2020, owing to surge in demand from various end-user industries. The bamboos market is mainly driven by rise in construction activities and growth of paper and pulp industries. Bamboo-based furniture industries are also positively influencing the bamboos industry. However, increase in popularity of cheaper alternatives to bamboo-based products, such as plastic and metal products, constraints the growth of the market.
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The bamboos market size was valued at $65.8 billion in 2021, and is estimated to reach $99.8 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.
Key market players in the market are planting bamboos to meet the growing demand and increase boost their bamboos market share. For instance, in September 2020, the Kerala State Bamboo Corporation planted bamboo on a five acres of land in Malappuram, Kannur. Furthermore, Dasso Group, a bamboo-based construction components manufacturer, adopted the business expansion strategy to expand its business and meet the bamboo-based products demand in Zixi county of China.
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Top Players:
Key companies profiled in the bamboos market forecast report include Anji Tianzhen Bamboo Flooring Co. Ltd., BambooVision, Bamboo Australia Pty Ltd., Bamboo Village Company Limited, Dasso Group, EcoPlanet Bamboo, Kerala State Bamboo Corporation Limited, Moso International BV, Simply Bamboo Pty Ltd., and Smith & Fong Company.
Segmentation Based On:
By Species
Moso bamboo
Bambusa vulgaris
Others
By Application
Gardening
Furniture
Construction
Industrial
Food
By Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, Italy, U.K., Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Rest Of Asia Pacific)
LAMEA (Latin America, Middle East, Africa)
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