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Global Bamboo Market Overview Covering Forecast Market Size And Growth Rate | Moso International BV, Shanghai Tenbro Bamboo Textile Co. Ltd., Kerala State Bamboo Corporation Ltd
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Bamboo Global Market Report 2023 identifies the increase in demand for paper is expected to propel the growth of the bamboo market going forward. Paper is a flat, thin sheet material that is made from cellulose fibers derived from wood, rags, and other raw materials and is suitable for writing on, wrapping, and decorating walls. Pulp obtained from bamboo is used for manufacturing paper. Paper is used for the production of books, printing, packaging, and decorating.
The global bamboo market size grew from $66.22 billion in 2022 to $71.63 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the bamboo is expected to grow to $92.62 billion in 2027 at a CAGR of 6.6%.
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Major players in the bamboo market are Moso International BV, Shanghai Tenbro Bamboo Textile Co. Ltd., Kerala State Bamboo Corporation Ltd., Bamboo Australia Pty. Ltd., Ecoplanet Bamboo, Smith & Fong Co. Inc., Jiangxi Kangda Bamboo Ware Group Co. Ltd., Fujian Jianou Huayu Bamboo Industry Co. Ltd., Jiangxi Shanyou Industry Co. Ltd., Tengda Bamboo-Wood Co. Ltd., Dasso Industrial Group Co. Ltd., Xingli Bamboo Products Company, EPITOME bamboowood, Bamboo Bio Composites Sdn Bhd, Southern Bamboo Inc., Jiangxi Feiyu Industry Co. Ltd., Anji Tianzhen Bamboo Flooring Co. Ltd., Wild Fibres, Swicofil AG, TIC Gums Inc., CFF GmbH & Co. KG, Chengdu Grace Fiber Co.Ltd., Advantage Fibres, Liahren, International Fiber Corporation, Higuera Hardwoods LLC, and Teragren.
A key trend in the Bamboo market includes the Rising government initiatives for bamboo production have emerged as the key trend gaining popularity in the bamboo market. Governments across various countries are promoting bamboo production through initiatives and investments to meet the growing demand and to increase exports.
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The Bamboo market is segmented -
1) By Type: Herbaceous Bamboos, Tropical Woody Bamboos, Temperate Woody Bamboos
2) By Species: Moso bamboo, Bambusa vulgaris, Other Species
3) By Application: Raw Materials, Industrial Products, Furniture, Shoots, Other Applications
4) By End-User: Wood And Furniture, Construction, Food, Pulp And Paper, Textile, Agriculture, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Bamboo market.
The Business Research Company's "Global Bamboo Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Bamboo Market Include:
1. Executive Summary
2. Bamboo Market Characteristics
3. Bamboo Market Trends And Strategies
4. Bamboo Market - Macro Economic Scenario
5. Bamboo Market Size And Growth
……
27. Bamboo Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bamboo Market
29. Bamboo Market Future Outlook and Potential Analysis
30. Appendix
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