Bamboos Market

Bamboos Market – Size, Share, Trends, Outlook, and
Opportunity Analysis, 2018 – 2026
Bamboo is a versatile multi-purpose forest produce that plays a vital role in domestic
and industrial economies. Various industrial applications of bamboos include food
production, wood substitute, pulp and paper, handicrafts, medicinal products, cottage
industries, and charcoal production. Bamboo is one of the highly renewable
resources in the socio-economic and ecological-climatic-functional context with more
than 1,500 recorded uses.
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Market Dynamics:Bamboo has major applications in paper & pulp industry as raw material for the
manufacturing of paper and paperboard. Growing demand of paper and paperboard
globally is expected to drive growth of the global bamboo industry over the forecast
period. According to the PG Paper, global paper and paperboard demand was
registered at US$ 390 million tons in 2015, which is expected to increase to 490
million tons by 2020.
Bamboo shoots are extensively used in foods, owing to its numerous health benefits
such as low calorie and richness in potassium, copper, and iron. Growing health
consciousness among population have positively increased the adoption of high
nutrients and low calorie food since recent past, which is expected to drive the
bamboo market growth over the forecast period. For instance, according to India
Brand Equity Foundation (IBEF), organic food market in India was registered at US$
160 million, which is expected to grow by CAGR of 25% during 2015-20.
Market Outlook:Asia Pacific is expected to dominate the global bamboo market, owing to significant
consumption of bamboo in paper & pulp industry along with construction industry.
Growing construction industry coupled with rising disposable income is also fueling
growth of the market. For instance, according to Central Pulp & Paper Research
Institute- India, paper & pulp consumption in India was registered at 17.99 million
tons in 2014-15 which grew to 18.48 million tons in 2015-16.
Key players in the Global Bamboos Market:Key players operating in the global bamboos market include Dasso Industrial Group
Co. Ltd., EcoTimber Inc., EcoPlanet Group LLC, Eldorado Bambu, Xingli Bamboo
Products Company, Moso International BV, GRASSuilt LLC, Bamboo Australia Pty
Ltd, Jiangxi Kangda Bamboo Ware Group Co. Ltd., and Yokoyama Bamboo
Products Co. Ltd.
Major companies are adopting organic and inorganic growth strategies, in order to
expand their business internationally. For instance, in 2017, Netherlands based
MOSO International launched its subsidiary MOSO North America Inc. to grow its
business in North American countries.
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The research report on Bamboos Market is segmented by End-Use Industry and by Region – Size, Share, Trends, Outlook, and Opportunity Analysis, 2018 – 2026

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