Global Bamboos Industry Forecasts Report Analysis by 2028


Posted November 25, 2021 by navyarao_d

According to Stratistics MRC, 2028 Global Bamboos Market Value is expected to reach $130.32 billion by growing at a CAGR of 7.0% during the forecast period.
 
Bamboo is a type of grass with a hard, woody, hollow stem. Bamboos are found in varied climates, from cold mountains to hot tropical provinces. A bamboo mostly last for longer periods of time, grow every year, and stays green year round. There are loads of varieties of bamboos; around 1,400 different types of bamboos are used in numerous end use applications from construction to medicine.

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By geography, Asia Pacific is going to have high growth during the forecast period, due to numerous government policies focus on encouraging bamboo and rattan cultivation to drive sustainable income for farmers. These government policies are projected to present new avenues for market growth. The Indian Parliament passed a bill to declassify bamboo as a tree, thereby creating profitable growth opportunities for mid- & small-scale manufacturers to manufacture processed bamboo products owing to major consumption of bamboo in the paper & pulp industry along with the construction industry. The growing construction industry coupled with rising disposable income is also fuelling the growth of the market in this region.

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Some of the key players profiled in the Bamboos Market include Advantage Fibres, America Hoy Technology, Bamboo Australia Pty Ltd., Bo Group, CFF GmbH, Fujian Jianou Huayu Bamboo Industry Co., Ltd., International Fiber Corporation, Jiangxi Kangda Bamboo Ware Group Co., Ltd., Kerala State Bamboo Corporation Ltd., Moso International B.V., Shanghai Tenbro Bamboo Textile Co. Ltd., Smith & Fong Co Inc., Tengda Bamboo-Wood Co. Ltd., TIC Gums, Wild Fibres.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Issued By Madhav Ram
Country India
Categories Agriculture , Industry , Reports
Last Updated November 25, 2021