The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased paper demand is expected to drive innovation in bamboo manufacturing, propelling the market during the forecast period.

The global bamboo market is expected to grow from $66.22 billion in 2022 to $71.63 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The bamboo market size is expected to grow to $92.62 billion in 2027 at a CAGR of 6.6%.

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Global Bamboo Market Segments Include:

• By Type: Herbaceous Bamboos, Tropical Woody Bamboos, Temperate Woody Bamboos
• By Species: Moso bamboo, Bambusa vulgaris, Other Species
• By Application: Raw Materials, Industrial Products, Furniture, Shoots, Other Applications
• By End-User: Wood And Furniture, Construction, Food, Pulp And Paper, Textile, Agriculture, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global bamboo market in 2021.

Major Market Players in the bamboo market include Moso International BV, Shanghai Tenbro Bamboo Textile Co. Ltd., Kerala State Bamboo Corporation Ltd., Bamboo Australia Pty. Ltd., Ecoplanet Bamboo, Smith & Fong Co. Inc.

Rising government initiatives for bamboo production have emerged as a key trend in the bamboo market. Governments around the world are promoting bamboo production through initiatives and investments in order to meet rising demand and increase exports. For example, the International Bamboo and Rattan Organization (INBAR), a China-based independent intergovernmental organisation, has developed the 2015-2030 INBAR Strategy to develop the bamboo sector in order to address various issues such as climate change mitigation, livelihood, and land degradation, as well as to emphasise the use of bamboo as a strategic resource.

The Bamboo Global Market Report 2023  provides a bamboo market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bamboo market forecast analyzes bamboo market size, bamboo market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Bamboo refers to tree-like grasses in the Poaceae family that are fast-growing, easily obtained, renewable, and valuable among all forest resources. These are used to make furniture, food, biofuels, chopsticks, papers, and other items, as well as an input in flooring, roofing, and scaffolding, as well as for medicinal purposes.

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