Middle East & Africa Bamboos Market Size & Outlook
Middle East & Africa bamboos market, 2018-2030 (US$M)
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MEA bamboos market highlights
- The MEA bamboos market generated a revenue of USD 1,607.6 million in 2022.
- The market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, industrial products was the largest revenue generating application in 2022.
- Shoots is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 1,607.6 million |
| Market revenue in 2030 | USD 2,178.7 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Industrial products |
| Fastest growing segment | Shoots |
| 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, MEA region accounted for 2.6% 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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Middle East & Africa 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 37.43% in 2022. Horizon Databook has segmented the Middle East & Africa bamboos market based on raw material, industrial products, furniture, shoots covering the revenue growth of each sub-segment from 2018 to 2030.
Middle Eastern countries import most of the bamboo from other regions. There has been a growing demand for sustainable and eco-friendly products in the Middle East, such as everyday-use products, textiles, flooring, furniture, handicrafts, bamboo shoots, and bamboo poles. This is expected to drive the demand for bamboo in Middle Eastern countries.
Furthermore, companies like Dubai Silicon Oasis are planting bamboo to fight climate change and achieve zero emissions. Such initiatives are expected to contribute to the growth of the bamboos market in the Middle East.
A large number of African households still use firewood for cooking purposes, which contributes to deforestation and land degradation. One of the biggest challenges in Africa is the lack of awareness and lack of policies & strategies for using bamboo resources.
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Our clientele includes a mix of bamboos market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bamboos market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bamboos market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Bamboos Market Outlook Share, 2022 & 2030 (US$M)
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