BAMBOO PRODUCTS:

Bamboos assist society in a variety of ways, including social, cultural, and environmental ones. Bamboo is a natural resource that can grow in a variety of climates, but thrives in tropical ones. When compared to trees, it contains roughly 35% more oxygen and consumes 40% more carbon dioxide, leading in a significant difference in air quality. In the projected period, the market for bamboo might be boosted by increased infrastructure development investment and consumer awareness of the benefits of bamboo. The global bamboo products market is predicted to develop at a 5.0 percent compound annual growth rate (CAGR). The market is expected to expand rapidly due to increased infrastructure development and the use of sustainable resources in the manufacturing of furniture and industrial products all over the world.

VALUE-ADDED BAMBOO PRODUCTS MARKET:

The global market for bamboo goods is predicted to increase at a rapid pace. The worldwide bamboo products market is being pushed by increased infrastructure investments and the usage of sustainable construction materials. Bamboo products are categorised by species, application, end-user industry, and region in the global market. The market can be divided into Bambusa Vulgaris, Dendrocala Strictus, Phyllostachys Edulio, Dendrocala Giganteus, Bambusa Balcooa, and other species based on species.

BAMBOO INDUSTRY IN INDIA:

After China, India is the world’s second largest bamboo farmer, with 136 species and 23 taxa distributed across 13.96 million hectares. India’s yearly bamboo production is predicted to be 3.23 million tonnes, according to the Union Ministry of Agriculture and Farmer Welfare. The market for bamboo products in India is being pushed by its increasing appeal as a cost-effective alternative to traditional timber due to their numerous benefits. Moreover, during the projected period, the market is likely to be propelled by rising demand for environmentally friendly products.

GLOBAL MARKET OUTLOOK:

Due to high use of bamboo in the paper & pulp sector as well as the construction industry, Asia Pacific is predicted to dominate the global bamboo market. The market is also growing due to the expanding building industry and increased disposable income. A key driver driving the worldwide bamboos market is rising demand for bamboos and bamboo-based products from various end use sectors such as hospitality, travel, and tourism.

Furthermore, bamboos are used as a substitute for wood and raw materials in the industrial sector, and some types of bamboos are more stronger than steel, thus they are utilised as building materials, all of which are important factors projected to drive the global bamboos market throughout the forecast period. Increased adoption of bamboos in pulp and paper, textile industry, handicrafts, home furnishing, and other industries, as well as increasing use of bamboos by individuals for health benefits such as weight loss, effective for respiratory system, immune system strengthening, and so on, are other major factors expected to boost the global bamboos market.

TOP PLAYERS WORLDWIDE:

• Pusher
• Bamboo Learning
• Bamboo Systems (fka Kaleao)
• Centre for Process Innovation (CPI)
• Bamboo HR
• Bamboo Agile