U.S. Bamboos Market Size & Outlook, 2022-2030
U.S. bamboos market, 2018-2030 (US$M)
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U.S. bamboos market highlights
- The U.S. bamboos market generated a revenue of USD 3,433.7 million in 2022 and is expected to reach USD 4,540.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.6% 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 3,433.7 million |
| Market revenue in 2030 | USD 4,540.2 million |
| Growth rate | 3.6% (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, U.S. accounted for 5.6% of the global bamboos market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bamboos market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 4,540.2 million by 2030.
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Bamboos Market Scope
Bamboos Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 54.82% in 2022. Horizon Databook has segmented the U.S. bamboos market based on raw material, industrial products, furniture, shoots covering the revenue growth of each sub-segment from 2018 to 2030.
This is creating an immense opportunity for bamboo cultivation in the country. As the bamboos market is still developing, it would require advanced domestic infrastructure to decrease the dependence on imports from other countries, including China, India, Thailand, and Indonesia.
The rising concerns about the environment and reducing carbon emissions encourage consumers to opt for sustainable products specially made from bamboo, which is expected to increase bamboo cultivation and add growth prospects to the U.S. market.
In addition, increasing consumer awareness regarding bamboo shoots being used as a healthy edible, as they contain amino acids, high proteins, vitamin A, vitamin B6, vitamin E, niacin, and thiamine, is further expected to add new growth avenues for bamboo cultivation, in turn adding growth prospects to the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. bamboos market , including forecasts for subscribers. This country databook contains high-level insights into U.S. bamboos market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. bamboos market size, by application, 2018-2030 (US$M)
U.S. Bamboos Market Outlook Share, 2022 & 2030 (US$M)
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