Global Bamboos Market – Industry Trends and Forecast to 2029

Global Bamboos Market Analysis and Size

Bamboo is a wood replacement. It is used in people's daily lives for house construction, agricultural equipment and utensils, food, and weaponry, among other things. Processed bamboo, Bamboo edible shoots, raw bamboo, and Bamboo by-products are all examples of bamboo products. Africa, Asia, South America, North America, and Australia are among the five continents where bamboos can be found. Bamboo is coveted for its health advantages due to its unique composition. Bamboos are adaptable and play an important part in both residential and industrial economies around the world. Bamboo shoots help to boost the immune system and minimize the risk of cancer.

• Data Bridge Market Research analyses that the bamboos market was valued at USD 76.43 billion in 2021 and is expected to reach USD 121.81 billion by 2029, registering a CAGR of 6.00% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.

Global Bamboos Market Definition

Bamboo is a multi-purpose forest product that is important in both residential and industrial economies. Food production, wood substitution, pulp and paper, handicrafts, medical items, cottage industries, and charcoal manufacture are just a few of the industrial uses for bamboos. With over 1,500 documented uses, bamboo is one of the most highly renewable materials in the socio-economic and ecological-climatic-functional environment.

Report Scope and Market Segmentation

Bamboos Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Rising awareness about the benefits associated with bamboos

The increasing awareness about the benefits associated with bamboos will enhance the market’s growth rate. Rattan and bamboos are gaining popularity over lumber because of advantages such as ease of harvesting, affordability, and transportation. They are incredibly durable in addition to being water resistant. Because of these advantages, bamboo can be used for a variety of purposes, including shelter, handicrafts, and furniture. 

• Surging demand of paper and paperboard across the globe

Bamboo is used extensively in the paper and pulp industry as a raw material for the production of paper and paperboard. Over the projected period, the worldwide bamboo market is expected to develop due to rising demand for paper and paperboard. 

Furthermore, rising urbanization, and increasing level of disposable income will drive market value growth. Also, increasing infrastructure investments and growing use of sustainable building or construction resources will cushion the growth rate of bamboos market. Another significant factor influencing the market’s growth rate is the growing health consciousness among people.

Opportunities

• Increase in research and development activities

The surging number of research and development activities will boost new market opportunities for the market’s growth rate.

Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate.

Restraints/ Challenges Global Bamboos Market

• Strict government regulations

The use of hazardous chemicals in the production of processed bamboo and rattan items including furniture, flooring, pulp, and paper has caused the creation and implementation of new laws and regulations. Regulations like these could have a big impact on the long-term supply, cost, and sales of bamboo and rattan products. These factors are projected to represent a threat to market growth throughout the forecast period.

On the other hand, extension of bamboos because of resource depletion and slowdown in world economic growth will hinder the market’s growth rate. The negative impact of COVID-19 outbreak on supply chain and high cost involved in processing will act as market restraint and further challenge the market growth rate.   

This bamboos market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bamboos market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Bamboos Market

Since its emergence in December 2019, the COVID-19 virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. The COVID-19 pandemic had a severe impact on the bamboo market's growth. The coronavirus pandemic has prompted the imposition of lockdown in various nations, causing the supply chain to be disrupted. Furthermore, because the outbreak has slowed the global economy, consumer spending on furniture and other industrial products has decreased dramatically. Furthermore, there has been a sharp drop in demand for construction services, owing to labour migration in Asian and African nations as a result of COVID-19. As a result, the spread of pandemics has hindered market growth.

Global Bamboos Market Scope

The bamboos market is segmented on the basis of type and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Herbaceous Bamboos
• Tropical Woody Bamboos
• Temperate Woody Bamboos

On the basis of type, the bamboos market is segmented into herbaceous bamboos, tropical woody bamboos, and temperate woody bamboos.

End Use

• Construction
• Wood and Furniture
• Paper and Pulp
• Textile
• Medical
• Agriculture
• Food Packaging Products

The bamboos market is also segmented on the basis of end use. The end use is segmented into construction, wood and furniture, paper and pulp, textile, medical, agriculture, and food packaging products. Construction segment is sub-segmented into housing, scaffolding, and others. Wood and furniture segment is sub-segmented into timber substitute, plywood, mat boards, flooring, furniture, handicraft, and others. Paper and pulp segment is sub-segmented into bamboo clothing. The agriculture segment is sub-segmented into manure and fodder.

Bamboos Market Regional Analysis/Insights

The bamboos market is analysed and market size insights and trends are provided by country, type and end use as referenced above.

The countries covered in the bamboos market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the bamboos market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the rising awareness about the multiple health benefits of bamboo products and growing level of disposable income in this region. Also, surging adoption rate in emerging economies is propelling the market’s growth rate.  

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Bamboos Market Share Analysis

The bamboos market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bamboos market.

Some of the major players operating in the bamboos market are:

• MOSO International B.V. (Netherlands)
• FINWIN Technologies Pvt Ltd (Kerala)
• Shanghai Tenbro Bamboo Textile Co.,Ltd. (China)
• Hebei Jigao Chemical Fibre Co., Ltd. (China)
• Wild Fibres (US)
• China Bambro Textile Co., Ltd. (China)
• Chengdu Grace Fiber Co.,Ltd (China)
• Swicofil AG (Switzerland)
• AFI (India)
• TIC Gums, Inc. (Belcamp)
• CFF GmbH & Co. KG (Germany)
• CHINA LIAHREN CO.,LIMITED (China)
• XINGLI BAMBOO PRODUCTS COMPANY (China)
• Jiangxi Shanyou Industry Co. Ltd. (China)
• EcoPlanet Bamboo Group (Illinois)
• Plyboo (US)
• dassogroup (China)
• Bamboo Australia (Australia)

Research Methodology : Global Bamboos Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.

To know more about the research methodology, drop in an inquiry to speak to our industry experts 

https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-bamboos-market

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