Bamboos Market Set for Double-digit Growth During 2019-2029
Attributed to their versatility and eco-friendly nature, bamboos and bamboo-based products have been a material of choice in various end-use applications, especially in the production of pulp & paper. Accelerating shift towards green alternatives in tandem with abundant forest cover are further improving the growth prospects of bamboos market, which will hit the US$ 12 Bn mark by 2029 end. This FMI study has projected a double-digit growth rate in the sales of bamboos during the forecast period (2019-2029).
Frequently asked questions about global bamboos market
How will the bamboos market be critical in the future?
The global bamboos market is estimated to grow at a significant rate owing to high growth in construction, pulp and paper, and furniture industries. However, governmental laws and regulations, along with the policies on ownership of resources and security, and lack of institutional mechanisms have made it difficult to unlock abundant sources of bamboos.
Will transportation costs affect the future trajectory of the bamboos market?
Yes, 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. For economic reasons, it is important to do at least the primary processing as close as possible to the bamboo plantation.
Which application area holds potential growth opportunities for market players?
Pulp and paper industry, in order to reduce dependency on wood, is expected to provide sustainable opportunities for bamboo/bamboo products in the global market. Pulp & paper industry is one of the most established industries in the world and manufacturers of pulp & paper are utilizing bamboos as a raw material for the production of paper & pulp.
What is the degree of competition in the bamboos market?
The bamboos market shows a competitive structure, with the presence of large number of regional and local market players. Small- and medium-scale enterprises such as Moso International B.V., Shanghai Tenbro Bamboo Textile Co. Ltd., and others account for major market share in the global bamboos market.
Which region will lead the global bamboo sales?
Asia Pacific remains in the forefront of the bamboos market, with significant market potential exists in the growing markets of China and India. China, with the maximum number of bamboo species in the world, is a large exporter of processed bamboo products. China has the maximum number of bamboo species in the World, followed by India and other countries.
Pulp & Paper Industry Accounts for Significant Revenue Share
Manufacturers are prioritizing the pulp & paper industry as their target customers, as it accounts for over 40% of the total demand for bamboos in the global market. The construction and wood & furniture (Such as plywood, and mat boards) industries are also contributing significantly to the market revenues, where sales collectively worth about US$ 2 Bn are grabbing huge attention of market players. While these end-use industries continue to lead the pack in the bamboos market, sales opportunities are being observed via the textile and agricultural industries.
Abundant Bamboo Forest Cover Brings in Opportunities to APAC and Latin America
Asia Pacific (APAC) and Latin America will remain the goldmine of bamboos market growth over the next decade. China and Brazil are spearheading the regional markets respectively, with the former representing the most lucrative opportunities. While the market in India is flourishing on the back of plenty bamboo forest cover, Japan’s notable average bamboo yield is also driving significant attention of market players.
Greater Focus on Sustainable Power Generation
As the conventional energy sources are on the verge of depletion, it becomes quintessential for industrial operators to turn to renewable alternatives. Bamboos produce 3x oxygen compared to other trees and its biomass is highly efficient and relatively inexpensive. As such, the power sector is welcoming bamboos as an energy source for power generation. This preferential shift is emerging as a safe bet for bamboo producers in the near future.
Surging adoption in pulp & paper industry
Demand from construction industry on rise
How Growth will Unfold
The pulp & paper industry has been the primary consumer of bamboos owing to their optical property, and excellent tear index. Apart from that, the high-strength quotient of bamboos compared to traditional materials such as concrete, and steel is boosting their prominence as green building material. Despite challenges pertaining to changing regulations in the forest sector, rising trend of bamboo-infused alcohol and tea in Latin American countries - Mexico and Brazil – are setting high hopes for bamboos market players.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Bamboos Market Analysis 2019-2029
A recent market report published by Future Market Insights on the bamboos market includes the global industry analysis for 2014-2018 & opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. Our analysts conduct thorough research on the historical as well as current growth parameters of the market to obtain growth prospects with maximum precision.
Bamboos Market Taxonomy
- Wood and Furniture
- Timber Substitute
- Mat Boards
- Outdoor Decking
- Food (Bamboo Shoots)
- Pulp & Paper
- Others (Charcoal & Handicraft)
- North America
- Latin America
The report begins with the executive summary of the bamboos market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the bamboos market.
In this chapter, readers can find the definition and a detailed taxonomy of the bamboos market, which will help them understand basic information about the bamboos market. Along with this, comprehensive information about bamboos is provided in this section. This section also highlights the inclusions and exclusions to help readers understand the scope of the bamboos market report.
This section explains the global market value analysis and forecast for the bamboos market for the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical bamboos market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the bamboos market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the bamboos market in the forecast period of 2019-2029.
This chapter explains key macroeconomic factors that are expected to influence the growth of the bamboos market over the forecast period. Along with the macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, and value chain analysis for the Bamboos market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.
Based on end-use industry, the bamboos market is segmented into wood and furniture, construction, food (bamboo shoots), pulp & paper, textile, agriculture, and others (charcoal & handicraft). In this chapter, readers can find information about the key trends and developments in the bamboos market and market attractiveness analysis based on end-use industry.
This chapter explains how the bamboos market is expected to grow across various geographic regions such as North America, Latin America, APAC, and EMEA.
This chapter includes a detailed analysis of the growth of the North America Bamboos market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on application and countries in North America.
This chapter provides the growth scenario of the bamboos market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has is provided in this chapter.
Important growth prospects of the bamboos market based on its end users in several countries such as China, India, Japan, ASEAN, and Rest of APAC are included in this chapter.
This chapter highlights the growth of the bamboos market in EMEA by focusing on Europe, Sub- Saharan Africa, and Rest of MEA. This section also helps readers understand the key factors that are responsible for the growth of the bamboos market in EMEA.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the bamboos market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of prominent stakeholders in the bamboos market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players included in the report are Moso International B.V., Bamboo Australia Pty Ltd., Shanghai Tenbro Bamboo Textile Co. Ltd., Bamboo Village Company Limited, and EcoPlanet Bamboo, among others.
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the bamboos market report.
This chapter help readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the bamboos market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Product Managers
- Business Development Officers
- Production Managers
- Procurement Heads
- Sales Executives
- Raw Material Suppliers
- Industry Experts
- End Users
- Current market dynamics and challenges
- Yesteryear trends
- Market characteristics
- Market performance and growth quadrants
- Competition structure and market structure
- Strategic growth initiatives
- Near-term and long-term market growth prospects
- Market segment splits and authenticity
- Opinions on market projections and validity of assumptions
- Industry Publications
- Industry Associations
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits