Bamboos Market: APAC Projected to be the Most Attractive Regional Market During the Forecast Period: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027
- Chemicals & Materials
- No. of Pages: 168
- Published: 2017-07-11
- Report Code: REP-GB-347
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Format:
An Incisive, In-depth Analysis on the Bamboos Market
This study offers a comprehensive, 360 degree analysis on the Bamboos market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Bamboos market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
APAC has more than half of the total bamboo species available in the world
APAC is growing significantly both in terms of volume and value in the global bamboos market owing to the significant production and consumption of bamboos across various end-use industries such as pulp & paper, construction, wood and furniture, etc., in India, China and other ASEAN countries. China has the maximum number of bamboo species in the world, followed by India and other countries. The export of bamboo flooring from China to the world accounted for about 90% of the world exports of bamboo flooring in 2012. APAC is expected to account for more than 2/3rd share of the global bamboos market by the end of 2017. APAC is projected to create a total incremental $ opportunity of close to US$ 5000 Mn between 2017 and 2027 and is projected to be the most attractive region in the global bamboos market over the forecast period.
Significant health benefits and the versatilities of bamboos drive the bamboos market in APAC
Bamboo is a versatile multi-purpose forest produce that 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 their abundance and versatility. Bamboo is one of the highly renewable resources in the Indian socio-economic-cultural-ecological-climatic-functional context with more than 1,500 recorded uses. Besides its role as a material for consumer products, it also has great potential as an industrial raw material. Various industrial applications of bamboos include food production, wood substitute, pulp and paper, handicrafts, medicinal products, cottage industries, and charcoal production. Bamboo is often considered to be a replacement of wood and industrial raw materials in both modern industrial and traditional cottage sectors. All these factors are positively contributing to the growth of the bamboos market in APAC.
There are significant health benefits associated with bamboo products that fuel the growth of the bamboos market in the APAC region. Due to its unique composition, it is naturally desired for its health benefits. Bamboo shoots help in reducing the risk of cancer and strengthening the immune system. Bamboo assists in weight loss and is very effective to combat respiratory diseases. It is also useful in curing snake and scorpion bites.
Changing regulations in the forest sector coupled with inadequate supply and an expensive labour force likely to hamper the growth of the bamboos market in APAC
Bamboos have immense potential to transform the rural/tribal economy of India and contribute to the sustainable development efforts of the country. However, it is governed by a web of forestry laws and policies and there are serious restrictions on its harvesting, farming and transportation. These governmental laws and regulations along with the policies on ownership of resources and security as well as a lack of institutional mechanisms have made it difficult for Indian citizens to unlock the value of its abundant sources. There are various regulations in India such as the Indian Forest Act, Forest Conservation Act, Forest Rights Act, etc., which are expected to act as restraints in the APAC bamboos market revenue growth.
The bamboo industry in Japan has faced several challenges over the recent years, including insecure supply owing to expensive labour and seasonal employment and weak competitive power in the domestic and global bamboos market, mainly due to high labour cost and the shortage of successors in the ageing society. High labour cost is considered to be the direct reason of problems in the bamboos industry in APAC.
Pulp and paper segment is expected to grow at a significant CAGR over the forecast period
The pulp and paper industry in India and China is among the most established industries growing at significant rates. India is the fastest growing market for paper in the world. The paper industry is growing in the country, mainly due to a favourable government excise policy, increased government spending on education and improved activity from print media, FMCG, and pharmaceutical sectors. Pulp and paper and textile segments together are pegged to account for about half the APAC bamboos market over the forecast period. The pulp and paper segment in the APAC bamboos market is anticipated to expand at a CAGR of 14.1% over the forecast period and gain 930 BPS by 2027 as compared to 2017.
According to our expert team of analysts, Asia Pacific and Latin America were dominant markets for bamboos in 2016 by consumption as well as production. These two regions are expected to remain key regions in the global bamboos market, both from the supply side as well as the demand side throughout the forecast period. Over the coming years, African countries are expected to emerge as key producers as well as a consumption base in the global bamboos market. EMEA region is also expected to experience significant growth in regional bamboo demand. In a new publication titled “Bamboos Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027,” our analysts have observed that significant market potential exists in the growing markets of China, India and Brazil. Further, they have observed that in terms of volume and value, pulp and paper end-use industry segment represents significant market share at the global level. Owing to the wide availability and low costs, bamboo is gaining traction over wood as a raw material in the pulp and paper industry. In order to reduce the dependency on wood, the pulp and paper industry is expected to provide sustainable opportunities for bamboo and bamboo products manufacturers in the global market. Bamboo production and processing consume less energy as compared to other building materials available in the market such as steel, concrete and timber, thus making bamboo more environment friendly to use.
According to our study, manufacturers have adopted the following strategies to sustain in the global bamboos market.
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Introduction of new and innovative applications of bamboos
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Development of bamboo processing plants in the vicinity of production areas
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Long-term supply contracts with bamboo processors to avoid any effect of market cyclicity
Market participants’ responses is a key component of our research
“A key challenge with regard to the processing of bamboo is the cost of transportation. Transportation costs are relatively high because culms are hollow inside, which means that a lot of what is moved is air. For economic reasons, it is important to do at least the primary processing as close as possible to the plantation.” --- The product manager of a bamboo products manufacturing company
“High growth in construction, pulp and paper, and furniture industries is expected to be a key driving factor for bamboos market growth.” --- A highly placed executive level official of a bamboo products manufacturing company
“There are approximately 4,000 Mn Hectares of forest area in the world; of that, I believe only 1% is covered by the forest area under bamboos.” --- The technical sales manager of one of the key players in the global bamboos market
Bamboo Products Manufacturing: An Unorganised Sector
Globally, the number of organised/large players in the production of raw bamboos (target market) are found to be very less. Medium-large bamboo product manufacturers or bamboo processors are present in the global market to a small extent; however, a major market share is taken by small and medium scale enterprises. Availability of bamboo resources plays a strategic role in its market development in particular geographies. Raw bamboo manufacturing is largely concentrated in the Asia Pacific and Latin America region with a significant amount of bamboo resources available in countries such as China, India and Myanmar. Countries such as U.S., Canada, and other European countries where very limited bamboo resources are available, import bamboo products from other bamboo-rich countries. Raw bamboo is not traded at a large scale; nevertheless, the import-export of processed and manufactured bamboo products is done at a significant scale. Further, bamboo is found to be processed mainly in the countries of its production. China is a large exporter of processed bamboo products such as bamboo plaiting, bamboo shoots, bamboo panels, wood charcoal of bamboo, etc., and has export centres spread across all continents of the world.
Market Segmentation
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By Region |
By End-Use Industry |
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Research Methodology
We have adopted a systematic research approach while inspecting the global bamboos market. In-depth secondary research is used to arrive at the overall market size, top industry players, top products and industry associations. Our analysts have formulated a detailed discussion guide in order to conduct extensive interviews with industry experts, industry players, manufacturers, distributors and retailers. Data thus acquired is validated using the triangulation method wherein primary and secondary research data along with Future Market Insights analysis contribute to the final data.
Bamboos Market Reports - Table of Contents
5.Forecast Factors: Relevance and Impact
13. Research Methodology
14. Assumptions and Acronyms Used
Bamboos Market Reports - List of Tables
Table 1: Global Bamboos Market Size (US$ Mn) and Forecast by End-use Industry, 2012-2027
Table 2: Global Bamboos Market Volume (KT) and Forecast by End-use Industry, 2012-2027
Table 3: Global Bamboos Market Size (US$ Mn) and Volume (KT) Forecast by Region, 2012-2027
Table 4: North America Bamboos Market Value (US$ Mn) and Volume (KT) Forecast by Country, 2012-2027
Table 5: North America Bamboos Market Volume (KT) Forecast by End-use Industry, 2012-2027
Table 6: North America Bamboos Market value (US$ Mn) Forecast by End-use Industry, 2012-2027
Table 7: Latin America Bamboos Market Value (US$ Mn) and Volume (KT) Forecast by Country, 2012-2027
Table 8: Latin America Bamboos Market Volume (KT) Forecast by End-use Industry, 2012-2027
Table 9: Latin America Bamboos Market Value (US$ Mn) Forecast by End-use Industry, 2012-2027
Table 10: APAC Bamboos Market Value (US$ Mn) and Volume (KT) Forecast by Country, 2012-2027
Table 11: APAC Bamboos Market Volume (KT) Forecast by End-use Industry, 2012-2027
Table 12: APAC Bamboos Market Value (US$ Mn) Forecast by End-use Industry, 2012-2027
Table 13: EMEA Bamboos Market Value (US$ Mn) and Volume (KT) Forecast by Country, 2012-2027
Table 14: EMEA Bamboos Market Volume (KT) Forecast by End-use Industry, 2012-2027
Table 15: EMEA Bamboos Market Value (US$ Mn) Forecast by End-use Industry, 2012-2027
Bamboos Market Reports - List of Figures
Figure 1: Global Historical Bamboos Market Size (US$ Mn) and Volume (KT) Analysis, 2012-2016
Figure 2: Global Current and Future Bamboos Market Size (US$ Mn) and Volume (KT) Analysis, 2017-2027
Figure 3: Global Bamboos Market Share and BPS Analysis by End-use Industry -2012, 2017 & 2027
Figure 4: Global Bamboos Market Y-o-Y Growth Projections by End-use Industry, 2013-2027
Figure 5: Global Bamboos Market Attractiveness Analysis by End-use Industry
Figure 6: Global Bamboos Market Share and BPS Analysis by Region-2012, 2017 & 2027
Figure 7: Global Bamboos Market Y-o-Y Growth Projections by Region, 2013-2027
Figure 8: Global Bamboos Market Attractiveness Analysis by End-use Industry
Figure 9: North America Bamboos Market Size and Volume Analysis 2012-2016
Figure 10: North America Bamboos Market Size and Volume Forecast, 2017-2027
Figure 11: North America Bamboos Market Share and BPS Analysis, by Country, 2017 & 2027
Figure 12: North America Bamboos Market, Y-o-Y Growth Projections by Country, 2013-2027
Figure 13: North America Bamboos Market Attractiveness Analysis, by Country, 2017-2027
Figure 14: North America Bamboos Market Share and BPS Analysis by End-use Industry -2012, 2017 & 2027
Figure 15: North America Bamboos Market Y-o-Y Growth Projections by End-use Industry, 2013-2027
Figure 16: North America Bamboos Market Attractiveness Analysis by End-use Industry
Figure 17: Latin America Bamboos Market Size and Volume Analysis 2012-2016
Figure 18: Latin America Bamboos Market Size and Volume Forecast, 2017-2027
Figure 19: Latin America Bamboos Market Share and BPS Analysis, by Country, 2017 & 2027
Figure 20: Latin America Bamboos Market, Y-o-Y Growth Projections by Country, 2013-2027
Figure 21 Latin America Bamboos Market Attractiveness Analysis, by Country, 2017-2027
Figure 22: Latin America Bamboos Market Share and BPS Analysis by End-use Industry -2012, 2017 & 2027
Figure 23: Latin America Bamboos Market Y-o-Y Growth Projections by End-use Industry, 2013-2027
Figure 24: Latin America Bamboos Market Attractiveness Analysis by End-use Industry
Figure 25: APAC Bamboos Market Size and Volume Analysis 2012-2016
Figure 26: APAC Bamboos Market Size and Volume Forecast, 2017-2027
Figure 27: APAC Bamboos Market Share and BPS Analysis by Country, 2017 & 2027
Figure 28: APAC Bamboos Market, Y-o-Y Growth Projections by Country, 2013-2027
Figure 29: APAC Bamboos Market Attractiveness Analysis by Country, 2017-2027
Figure 30: APAC Bamboos Market Share and BPS Analysis by End-use Industry -2012, 2017 & 2027
Figure 31: APAC Bamboos Market Y-o-Y Growth Projections by End-use Industry, 2013-2027
Figure 32: APAC Bamboos Market Attractiveness Analysis by End-use Industry
Figure 33: EMEA Bamboos Market Size and Volume Analysis 2012-2016
Figure 34: EMEA Bamboos Market Size and Volume Forecast, 2017-2027
Figure 35: EMEA Bamboos Market Share and BPS Analysis, by Country, 2017 & 2027
Figure 36: EMEA Bamboos Market, Y-o-Y Growth Projections by Country, 2013-2027
Figure 37: EMEA Bamboos Market Attractiveness Analysis, by Country, 2017-2027
Figure 38: EMEA Bamboos Market Share and BPS Analysis by End-use Industry -2012, 2017 & 2027
Figure 39: EMEA Bamboos Market Y-o-Y Growth Projections by End-use Industry, 2013-2027
Figure 40: EMEA Bamboos Market Attractiveness Analysis by End-use Industry
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