India Bamboos Market Size & Outlook, 2022-2030
India bamboos market, 2018-2030 (US$M)
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India bamboos market highlights
- The India bamboos market generated a revenue of USD 5,836.8 million in 2022 and is expected to reach USD 8,349.7 million by 2030.
- The India market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
- In terms of segment, industrial products was the largest revenue generating application in 2022.
- Industrial Products is the most lucrative application segment registering the fastest growth during the forecast period.
Bamboos market data book summary
| Market revenue in 2022 | USD 5,836.8 million |
| Market revenue in 2030 | USD 8,349.7 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | Industrial products |
| Fastest growing segment | Industrial Products |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Raw Material, Industrial Products, Furniture, Shoots |
| Key market players worldwide | MOSO International, Greenington, Bumboo, Bamboo Village, Shanghai Black Bamboo Flute Equity Investment Fund, Simply Bamboo, Xiamen Yihong Bamboo Products Co., dasso, Smith & Fong Company, Bamboo Flooring China, Antileak Industrial Co., Ltd |
Other key industry trends
- In terms of revenue, India accounted for 9.5% of the global bamboos market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bamboos market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 42,976.4 million by 2030.
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Bamboos Market Scope
Bamboos Market Companies
| Name | Profile | # Employees | HQ | Website |
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India bamboos market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bamboos market will help companies and investors design strategic landscapes.
Industrial products was the largest segment with a revenue share of 37.56% in 2022. Horizon Databook has segmented the India bamboos market based on raw material, industrial products, furniture, shoots covering the revenue growth of each sub-segment from 2018 to 2030.
Factors driving the bamboos market include favorable government policies, government initiatives to promote bamboo farming, and low-cost labor availability. The government of India amended section 2(7) of the Indian Forest Act, 1927, which unclassified bamboo as a tree.
The government of India started National Bamboo Mission (NBM) to expand the area covered by bamboo plantations on public and private non-forest lands to supplement farm income, promote resiliency to climate change, and ensure the availability of high-quality raw materials for industries.
This innovations is expected to improve the lives of people in India and provide opportunities for poor by creating employment. Rising concerns about sustainable and eco-friendly products, such as kitchenware, textile, construction materials, and everyday use items like toothbrushes and spoons, are going to drive the demand for bamboo products over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India bamboos market , including forecasts for subscribers. This country databook contains high-level insights into India bamboos market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India bamboos market size, by application, 2018-2030 (US$M)
India Bamboos Market Outlook Share, 2022 & 2030 (US$M)
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