Zion Market Research, the market research group announced the analysis report titled 'Bamboos Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024'

Sarasota, FL -- (SBWire) -- 01/04/2019 --Global Bamboos Market: Overview

Bamboo is a substitute for wood. Bamboo is utilized for various purposes depending upon its properties such as Bamboo raw materials, Bamboo charcoal, Bamboo housing, Bamboo pulp, paper and cloth, Bamboo panels, Bamboo flooring, Bamboo weaving products and crafts, Bamboo fuel, Bamboo furniture. It plays an important role in the daily life of people for house construction, agricultural tools, and implements, as food material and weaponry etc. Different type of Bamboo products includes processed bamboo, Bamboo edible shoots, raw bamboo, and Bamboo by-products. Bamboos occur on five continents including Africa, Asia, South America, North America and Australia. Due to the unique composition of bamboo, it is desired for health benefits. Bamboos are versatile that play role in worlds domestic and industrial economies. Risk of cancer is reduced by the bamboo shoots, strengthening the immune system. Weight loss is assisted by bamboo, very helpful in combating respiratory disorders. Snake or scorpion bite can be cured by the use of bamboo. A number of regulations in India that act as a restraint in the growth of the bamboo market include Forest Rights Act, Forest Conservation Act, Indian Forest Act, etc.

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Global Bamboos Market: Growth Factors

The drivers which contribute to the growth are growing demand for bamboo fiber and increasing investment in clothing and furnishing. Bamboo fiber is thinner as compared to hair and has a round and smooth surface which makes it abrasion proof, anti-fungal, and antibacterial features create an upsurge in the demand for Bamboo Fiber. Restraints for the bamboo market are a high cost for processing and stringent regulation on the chemical processing of bamboo fiber. Extinction of bamboos due to resource depletion and a slowdown in world economic growth are some of the prominent challenges faced by bamboos market players across the globe.

Global Bamboos Market: Segmentation

On the basis of the end user, the global bamboos market is segmented as construction, wood and furniture, paper and pulp, textile, medical, agriculture, and food products. Among which wood and furniture segment is expected to account for Lion's share followed by construction segment, attributed to rising demand for quality furniture across the globe.

Construction
Housing
Scaffolding
Others
Wood and Furniture
Timber substitute,
Plywood
Mat boards
Flooring
Furniture
Handicraft
Others
Paper and Pulp
Bamboo Clothing
Textile
Medical
Agriculture
Manure
Fodder
Others (chopsticks, toothpicks, etc.)

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Global Bamboos Market: Regional Analysis

China is the largest producer of Bamboo across the globe followed by India with a significant growth rate over the forecast period. In terms of volume, Asia Pacific is expected to dominate the global bamboos market over the forecast period, owing to rising demand for furniture with the rapid growth of per capita income of the consumer in the region. The paper and pulp industry in India and China are among the most established industries growing at significant rates. In terms of value, North America and Europe are anticipated to account for relatively high share, attributed to high demand for quality products with high GDP in the regions. Other major producers of bamboo include Myanmar, Thailand, Bangladesh, and Cambodia. China is the biggest exporter of bamboo and Europe is having the world's largest import market

Global Bamboos Market: Competitive Players

Some of the important players in global bamboos market include Suzhou Lifei Textile Co, Shanghai Tenbro Bamboo Textile, Hebei Jigao Chemical Fibre, Wild Fibres, Bambro Textile Co, Chengdu grace Fiber Co.; Litrax, Swicofil, America Hoy Technology, Wild Fibres, Advantage Fibres, Bo Group, TIC Gums, CFF GmbH, International Fiber Corporation, Liahren; Tengda Bamboo-Wood Co. Ltd., Xingli Bamboo Products Company, Kerala State Bamboo Corporation Ltd, Jiangxi Shanyou Industry Co. Ltd., Moso International B.V., EcoPlanet Bamboo, Smith & Fong Co., Dasso Industrial Group Co. Ltd, Bamboo Australia Pty Ltd., Jiangxi Kangda Bamboo Ware Group Co. Ltd. One of the key strategies of the companies operating in the global bamboos market is to expand their business by improving their portfolio in global bamboo fiber industry.

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