PUBLISHER: The Business Research Company | PRODUCT CODE: 1674427
PUBLISHER: The Business Research Company | PRODUCT CODE: 1674427
Bamboo denotes a group of tree-such as grasses categorized within the Poaceae family, known for their rapid growth, accessibility, renewability, and significance among forest resources. This versatile material finds application in crafting furniture, food production, biofuel production, manufacturing chopsticks, paper production, and various other uses. Additionally, bamboo serves as a primary material in the creation of flooring, roofing, scaffolding, and is also utilized for medicinal purposes.
The primary categories within the bamboo market encompass herbaceous bamboos, tropical woody bamboos, and temperate woody bamboos. Herbaceous bamboos, characterized by soft and tender stems, hold significance for medicinal purposes and contribute to the preservation of forest biodiversity. These bamboos thrive predominantly in tropical jungle environments and include species such as moso bamboo, bambusa vulgaris, among others. Various applications for herbaceous bamboo span across multiple sectors including raw materials, industrial products, furniture manufacturing, shoots for culinary use, and other diverse uses. These applications find relevance across industries such as wood and furniture, construction, food production, pulp and paper manufacturing, textiles, agriculture, and other end-user sectors.
The bamboo market research report is one of a series of new reports from The Business Research Company that provides bamboo market statistics, including bamboos industry global market size, regional shares, competitors with a bamboo market share, detailed bamboo market segments, market trends and opportunities, and any further data you may need to thrive in the bamboos industry. This bamboo market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The bamboo market size has grown strongly in recent years. It will grow from $74.52 billion in 2024 to $79.33 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased environmental awareness, versatility in applications, cultural significance, government support, infrastructure development.
The bamboo market size is expected to see strong growth in the next few years. It will grow to $106.48 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to climate change mitigation, circular economy initiatives, economic growth, rising material costs, regulatory shifts, global health concerns. Major trends in the forecast period include bamboo flooring, bamboo textiles, bamboo charcoal products, bamboo in packaging, bamboo in the energy sector, bamboo farming practices.
The surge in paper demand is anticipated to drive the expansion of the bamboo market in the future. Paper, a thin, flat sheet material crafted from cellulose fibers sourced from wood, rags, and various raw materials, finds application in writing, wrapping, and wall decoration. Bamboo pulp is utilized in paper manufacturing, supporting the production of books, printing materials, packaging, and decorative items. As reported by Business Line, an India-based newspaper in May 2022, the paper consumption in India is forecasted to grow at a rate of 6-7%, reaching approximately 30 million tons by 2026-2027. Consequently, the escalating need for paper is fueling the growth of the bamboo market.
The rising demand in the construction industry is anticipated to drive the growth of the bamboo market in the coming years. The construction industry encompasses the planning, designing, assembling, and building of physical structures, facilities, or infrastructure. Bamboo is utilized in the construction sector as a flooring material, offering a durable and visually appealing alternative to traditional hardwood flooring, as well as for wall coverings that enhance the aesthetic and natural appearance of interiors. For example, in November 2023, a report from the Office for National Statistics of the British Government noted that the value of new construction work in Great Britain reached a record high of £132,989 million in 2022, representing a 15.8% increase. This growth was driven by a surge in private sector projects, totaling £14,093 million, along with an increase in public sector work, which added £4,068 million. Therefore, the rising demand in the construction industry is fueling the growth of the 2-ethylhexanol market.
The prevalent trend gaining traction in the bamboo market is the increase in government initiatives for bamboo production. Governments worldwide are actively promoting bamboo production by implementing initiatives and making strategic investments to cater to the rising demand and boost export activities. An exemplary illustration of this trend is evident in the efforts of the International Bamboo and Rattan Organization (INBAR), a China-based independent intergovernmental organization. INBAR has devised the 2015-2030 INBAR Strategy, aiming to advance the bamboo sector and address various challenges, including climate change mitigation, livelihood improvement, and combating land degradation. This strategic approach underscores the emphasis on positioning bamboo as a vital and strategic resource.
Major companies in the bamboo market are concentrating on technological advancements, such as forming a green partnership for a bamboo-based bio-refinery initiative that promotes sustainable energy solutions and enhances the use of bamboo as a renewable resource. This initiative involves utilizing bamboo as a sustainable feedstock to produce biofuels and other bioproducts. For instance, in January 2024, NTPC, an India-based company primarily engaged in electricity generation, collaborated with NRL, located in Numaligarh, which focuses on petroleum refining and the production of various fuel products. The bamboo-based bio-refinery initiative emphasizes sustainable resource utilization, technological innovations for efficient biomass conversion, environmental advantages like reduced carbon emissions, and economic growth through job creation in bamboo cultivation and processing.
In January 2024, CloudClevr, a U.K.-based company that provides cloud solutions and technology services to support businesses in their digital transformation efforts, acquired Bamboo Technology Group for an undisclosed amount. The purpose of CloudClevr's acquisition of Bamboo Technology Group is to enhance its technology offerings and strengthen its market position in cloud solutions. Bamboo Technology Group, also based in the U.K., specializes in delivering cloud and technology solutions across various industries.
Major companies operating in the bamboo market include Southern Bamboo Inc., Smith & Fong Co. Inc., Jiangxi Feiyu Industry Co. Ltd., Anji Tianzhen Bamboo Flooring Co. Ltd., Jiangxi Kangda Bamboo Ware Group Co. Ltd., Dasso Industrial Group Co. Ltd., CFF GmbH & Co. KG, Moso International BV, Liahren, Swicofil AG, Ecoplanet Bamboo, Wild Fibres, Kerala State Bamboo Corporation Ltd, EPITOME Bamboowood, International Fiber Corporation, Teragren, Bambooworld, Bamboo Village Company Limited, Tengda Bamboo-Wood Co. Ltd., Xingli Bamboo Products Company, Chengdu Grace Fiber Co. Ltd, Fujian Jianou Huayu Bamboo Industry Co. Ltd., Jiangxi Shanyou Industry Co. Ltd., Bamboo Bio Composites Sdn Bhd, EcoLife Bamboo, Shanghai Tenbro Bamboo Textile Co. Ltd, Bamboo Australia Pty. Ltd.
Asia-Pacific was the largest region in the bamboos market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bamboo market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the bamboo market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The bamboo market consists of sales of hedge bamboo, dwarf green stripe bamboo, green-glaucous bamboo, and painted bamboo. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Bamboo Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on bamboo market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for bamboo ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bamboo market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.