Global Bamboo Products Market Overview:
Bamboo is an evergreen grass found on nearly every continent and on any type of terrain. It can be grown without any fertilizers and with little water. Bamboo is most commonly grown in Asia, Australia, North America, South America, and Africa. The region where most bamboo is grown worldwide for commercial purposes is in Southeast Asia, especially in China. The necessity for sustainable, earth-friendly and recyclable materials in the manufacture of everyday items has become apparent, and consumer demands are increasing as a result. Bamboo products are considered as highly sustainable right from the cultivation of bamboo to processing it into the end product. Today, the processing of bamboo is shifting from low-end crafts and utensils to high-end, value-added commodities such as laminated panels, boards, pulp, paper, mats, prefabricated houses, cloth, and bamboo shoots.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
High-End Bamboo Products Such As Clothes, Paper, Etc. Are Increasingly Becoming Popular
Market Growth Drivers:
High Demand for Handicrafts & Bamboo Based Furniture from Households and Highly Versatile Nature Increases Its Usability in Various Industry Sectors
Challenges:
Lack of Skilled Artisans
Restraints:
Absence of Grading System for Raw Materials
Opportunities:
Restraints on Plastic Usage Will Boost Demand for Bamboo Products and Rising Awareness to Use Sustainable, Eco-Friendly Products for Daily Use
Competitive Landscape:
Bamboo Products is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Epitome (India), Bamboo India (India), Centre for Indian Bamboo Resource and Technology (CIBART) (India), IKEA (Netherlands), Beijing BCD Technology (China), Bamboo Tribe (India), Kerala State Bamboo Mission (India), Jans Bamboo Products (India), Wuyishan Lvmei Bamboo And Wood Products (China) and Anji Ya Feng Bamboo Products (China). Additionally, following companies can also be profiled that are part of our coverage like Bamboo Enterprise United (BENU) (India), Dhalai Craft Producer Group (India), Hangzhou Liyao Bamboo Products (China), Anhui Longhua Bamboo Product (China), Kalika Handicraft Society (India), Fabric Plus (India), M.S. Putsui Art & Handicraft Unit (India), Yanling Jingong Wood & Bamboo Products (China), Zhejiang Huaxia Bamboo & Wood Products (China) and Chishui Xinyu Bamboo Industry (China). Analyst at AMA Research see Indians & Chinese Manufacturers to retain maximum share of Global Bamboo Products market by 2028. Considering Market by Distribution Channels, the sub-segment i.e. Online {E-Commerce Website will boost the Bamboo Products market.
Latest Market Insights:
In January 2023, Atmofizer Technologies Inc. announced the company's board of directors had approved a stock consolidation of the company's common stock at 20 shares. In accordance with the company law and the company charter, consolidation does not require shareholder approval.
Bamboo for Good (B4G), a United States-based organization of international partners across East Africa and beyond, works to mobilize bamboo resources. Their mission is to address issues of global climate change, sustainable economic development, and community resilience. Two organizations based in India include the Kerala State Bamboo Mission (KSBM) & Tripura Bamboo Mission (TBM). Both organizations aim to revitalize the bamboo sector by promoting value addition, enhancing income generation and alleviating poverty. These objectives are achieved through a cluster development approach involving institution building, technological linkage, and better market and credit facilities coupled with resource upgradation, working on a project mode.
What Can be Explored with the Bamboo Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bamboo Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bamboo Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bamboo Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bamboo Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bamboo Products Manufacturer, Traders/Distributors/Suppliers, Raw Material Supplier, End-User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.