Bamboos Market to increase by USD 20.38 billion between 2022 to 2027; APAC accounts for 50% of the global market growth - Technavio

NEW YORK, Nov. 24, 2023 /PRNewswire/ -- The bamboos market is expected to grow by USD 20.38 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of  5.45% during the forecast period, according to Technavio. Increased demand for bamboo plates is notably driving the bamboo market. However, factors such as the availability of bamboo limited to specific geographic regions may impede market growth. The market is segmented by application (industrial products, furniture, raw material, shoots, and others), type (tropical, herbaceous, and temperate), and geography (APAC, North America, Europe, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the bamboos market incluidng  Anji Tianchi Bamboo and Wood Industry Co. Ltd., ANJI TIANZHEN BAMBOO FLOORING CO. LTD, Bamboo Australia, Bamboo Village Co. Ltd., Bamboo vision, Bamboowood, Cali Bamboo LLC, CFF GmbH and Co. KG, dasso Group, EcoPlanet Bamboo Group, Fujian HeQiChang Bamboo Industrial Co. Ltd., Moso International B.V., Shanghai Tenbro Bamboo Textile Co. Ltd., Simply Bamboo PTY LTD, Smith and Fong Co., Teragren, Wild Fibres, Xiamen HBD Industry and Trade Co. Ltd., Xingli Bamboo Products Co., and SWICOFIL AG. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Free Sample Report.

Bamboos Market 2023-2027: Company Analysis

Bamboo Australia: The company offers bamboo products such as a wide range of sustainable and eco-friendly bamboo-based materials, including flooring, decking, and furniture.

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information.

Bamboos Market 2023-2027: Segmentation

Application

• The market share growth by the industrial products segment is significant during the forecast period. There is an increasing adoption of bamboo for the production of furniture and interior design items such as chairs, tables, beds, shelves, cabinets, and decorative elements. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
• Type

Geography 

• APAC accounts for 50% of the market growth during the forecast period. One of the main factors that is fuelling the market growth in APAC is the rising demand for bamboo products driven by increased sustainability awareness and the versatility of bamboo. Hence, such factors are driving the market growth in APAC during the forecast period.
  Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report

Bamboos Market 2023-2027: Key Highlights

• Historic Market Size 2017-2021
• CAGR of the market during 2023-2027
• Detailed information on factors that will assist bamboos market growth during the next five years
• Estimation of the bamboos market growth size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the bamboos market
• Analysis of the competitive landscape and detailed information on companies
• Comprehensive details of factors that will impede the growth of bamboos market companies

Related Reports:

The pulp market size is estimated to grow at a CAGR of 3.92% between 2022 and 2027. The market size is forecast to increase by USD 41.26 billion.

The hardwood market size is estimated to grow at a CAGR of 4.74% between 2022 and 2027. The market size is forecast to increase by USD 9,554.57 million.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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