By 2027, the Bamboos Market is expected to reach US $81.6 billion, thanks to growth in the industrial product segment. The report analyzes Bamboos Market dynamics by region and end-user industries.
Bamboos Market Overview:Bamboos are a varied genus of evergreen perennial flowering plants belonging to the Bambusoideae subfamily of the Poaceae grass family. The grass family's largest members are giant bamboos. The word "bamboo" is unknown, but it is thought to have originated in the Dutch or Portuguese languages, which adopted it from Malay or Kannada. To know about the Research Methodology :- Request Free Sample Report
Bamboos Market Dynamics:Bamboos Market size was valued at US$ 57.8 Bn. in 2020 and the total revenue is expected to grow at 5.6% through 2021 to 2027, reaching nearly US$ 10.90 Bn. Over the projected period, the market is likely to be driven by rising infrastructure investments, increased usage of sustainable building/construction resources, and increased consumer awareness of the uses and benefits of bamboos. Bamboo and rattan offered a variety of environmental, economic, and social benefits. Bamboo is a renewable resource that can thrive in a variety of climates but thrives best in tropical climates. When compared to trees, it produces 35% more oxygen and absorbs 40 % more carbon dioxide, resulting in a significant improvement in air quality. Bamboo cultivation also provides carbon fixation, soil erosion control, and environmental purification. Rattan palms, on the other hand, are primarily found in tropical rainforests. It's lightweight, long-lasting, and adaptable. It can also be grown alongside other tree species, such as fruit orchards and rubber estates, demonstrating that rattan can be used as a supplementary source of revenue for farmers. Bamboo and rattan cultivation is an economically viable means of alleviating poverty in rural communities and assisting people in maintaining and supporting their livelihood. Bamboo and rattan cultivation is promoted in a majority of Asian and African countries, including China, India, and Japan, as well as Ghana, Nigeria, and Cameroon. The use of harmful chemicals in the processing of processed bamboos and rattan items, such as furniture, flooring, pulp, and paper, has prompted the establishment and implementation of new laws and regulations. Such regulations could have a significant influence on the long-term supply, cost, and sales of bamboo and rattan items. Over the forecast period, these factors are expected to pose a threat to market growth.
Bamboos Market Segment Analysis:The Industrial products segment is dominating the application segment of the Bamboos Market: The industrial products category dominated the market in 2020, accounting for about 35.0% of total sales. Bamboo and rattan are utilized in the production of a variety of processed goods, including industrial goods and furniture. Plywood, flooring, and pulp and paper are among the most common uses. Shoots of bamboo and rattan are also employed, particularly for medical purposes. Bamboo shoots provide a variety of health benefits, including aiding digestion, spiritual healing, promoting mental alertness, and treating depression and respiratory illnesses, to name a few. Rattan also has anti-inflammatory and anti-cancer effects. Over the forecast period, these factors are expected to fuel the growth of the shoot’s category.
Bamboos Market Regional Insights:The Asia Pacific is estimated to dominate the growth of the Bamboos Market. The Asia Pacific had the highest revenue share of nearly 75.0 % in 2020 and is predicted to expand at the fastest rate during the projection period. Farmers are being encouraged to plant bamboo and rattan as a long-term source of income through a number of government initiatives. These government policies are expected to open up new opportunities for market growth. For example, in December 2017, the Indian Parliament passed a measure declassifying bamboo as a tree, allowing mid- and small-scale firms to make processed bamboo goods, resulting in attractive growth potential. Moreover, out of 10 bamboo products 6 products are manufactured in China and are known as the global bamboo capital. In 2018, China was the world's leading producer and exporter of bamboo and rattan products with an industry valued at USD 39 billion, accounting for 68 % of worldwide exports. In the same year, it was the fourth-largest importer of bamboo products. According to the Chinese Bamboo Industry Association, the overall output value of the Chinese bamboo industry was US$ 31.8 billion in 2016. Despite COVID-19, the market for bamboo products in East Asia is set to thrive. The objective of the report is to present a comprehensive analysis of the Bamboos Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Bamboos Market dynamics, structure by analyzing the market segments and projecting the Bamboos Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Bamboos Market make the report investor’s guide.
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Bamboos Market, by Region• North America o US o Canada o Mexico • Europe o U.K o France o Germany o Italy o Spain o Sweden o CIS Countries o Rest of Europe • Asia Pacific o China o India o Japan o South Korea o Australia o ASEAN o Rest of Asia Pacific • The Middle East and Africa o South Africa o GCC Countries o Egypt o Nigeria o Rest of ME&A • South America o Brazil o Argentina o Rest of South America
Bamboos Market Key Player• MOSO International B.V. • Bamboo Australia Pty. Ltd. • Bamboo Village Company Limited • EcoPlanet Bamboo • China Bamboo Textile Company Limited • Southern Bamboo Inc. • Dasso Industrial Group Co., Ltd. • Smith & Fong Co. Inc. • Anji Tianzhen Bamboo Flooring Co. Ltd. • Bamboo Bio Composites Sdn Bhd • Shanghai Tenbro Bamboo Textile Co. Ltd. • Kerala State Bamboo Corporation Ltd. • Jiangxi Feiyu Industry Co. Ltd. FAQs: 1. What is the Bamboos Market value in 2020? Ans: Bamboos Market value in 2020 was estimated as 57.8 Billion USD. 2. What is the Bamboos Market growth? Ans: The Bamboos Market is anticipated to grow with a CAGR of 5.6% in the forecast period and is likely to reach USD 81.6 Billion by the end of 2027. 3. Which segment is expected to dominate the Bamboos Market during the forecast period? Ans: The Asia Pacific dominated the bamboos market with the highest share of 77.7% in 2020. This is attributable to the high raw bamboo production and exports from countries including China, India, Vietnam, and Indonesia. 4. Who are the key players in the Bamboos Market? Ans: Some key players operating in the bamboos market include iangxi Feiyu Industry Co. Ltd., Moso International B.V., Kerala State Bamboo Corporation Ltd., and Shanghai Tenbro Bamboo Textile Co. Ltd., and others 5. What is the key driving factor for the growth of the Bamboos Market? Ans: Key factors driving the bamboos market growth include rising demand for industrial products including pulp &paper, plywood, and flooring. Moreover, rising preference for bamboos furniture in the Europe and North America region owing to its durable and light-weighted properties is further expected to add growth prospects to the market on a positive note.
1. Global Bamboos Market: Research Methodology 2. Global Bamboos Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Bamboos Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Bamboos Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Bamboos Market Segmentation 4.1 Global Bamboos Market, by Application (2020-2027) • Raw Materials • Industrial Products • Furniture • Shoots • Others 4.3 Global Bamboos Market, by Country (2020-2027) 5. North America Bamboos Market (2020-2027) 5.1 North American Bamboos Market, by Application (2020-2027) • Raw Materials • Industrial Products • Furniture • Shoots • Others 5.3 North America Bamboos Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Bamboos Market (2020-2027) 6.1. Asia Pacific Bamboos Market, by Application (2020-2027) 6.2. Asia Pacific Bamboos Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Bamboos Market (2020-2027) 7.1. Middle East and Africa Bamboos Market, by Application (2020-2027) 7.3. Middle East and Africa Bamboos Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Bamboos Market (2020-2027) 8.1. Latin America Bamboos Market, by Application (2020-2027) 8.3 Latin America Bamboos Market, by Country (2020-2027) • Brazil • Argentina • Rest of Latin America 9. European Bamboos Market (2020-2027) 9.1. European Bamboos Market, by Application (2020-2027) 9.3 European Bamboos Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. Veolia 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. MOSO International B.V. 10.3. Bamboo Australia Pty. Ltd. 10.4. Bamboo Village Company Limited 10.5. EcoPlanet Bamboo 10.6. China Bamboo Textile Company Limited 10.7. Southern Bamboo Inc. 10.8. Dasso Industrial Group Co., Ltd. 10.9. Smith & Fong Co. Inc. 10.10. Anji Tianzhen Bamboo Flooring Co. Ltd. 10.11. Bamboo Bio Composites Sdn Bhd 10.12. Shanghai Tenbro Bamboo Textile Co. Ltd. 10.13. Kerala State Bamboo Corporation Ltd. 10.14. Jiangxi Feiyu Industry Co. Ltd.