Latin America Bamboos Market Size & Outlook, 2022-2030
Latin America bamboos market, 2018-2030 (US$M)
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Latin America bamboos market highlights
- The Latin America bamboos market generated a revenue of USD 901.2 million in 2022.
- The market is expected to grow at a CAGR of 2.8% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 901.2 million |
| Market revenue in 2030 | USD 1,121.5 million |
| Growth rate | 2.8% (CAGR from 2022 to 2030) |
| Largest segment | Industrial products |
| Fastest growing segment | Industrial Products |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 1.5% of the global bamboos market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 70,341.8 million by 2030.
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Bamboos Market Scope
Bamboos Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 42.54% in 2022. Horizon Databook has segmented the Latin America bamboos market based on raw material, industrial products, furniture, shoots covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America is rich in bamboo compared to other American regions, in terms of diversity and bamboo species. Of all the bamboo species found in the world, Central & South America has around 39% of species and 31% of genera. Brazil has the most diversity of bamboo species followed by Colombia, Venezuela, Ecuador, Costa Rica, Mexico, and Peru.
Growing utilization of bamboo resources, which contributes to protecting the environment, protecting the habitat, and providing support to local economies is expected to drive the bamboos market over the forecast period.
There have been various initiatives taken to fight climate change and promote growth & innovation in bamboo sector. For instance, in March 2020, International Bamboo and Rattan Organization (INBAR) Latin America along with the Caribbean office launched a project in Peru, namely bamboo zonia, to fight climate change.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bamboos market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bamboos market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bamboos market size, by country, 2018-2030 (US$M)
Latin America Bamboos Market Outlook Share, 2022 & 2030 (US$M)
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