Bamboo Market Driven by Increasing Demand for Natural Products and in Construction
Rise in demand for natural products and increasing demand of bamboo in construction is expected to drive the Global Bamboo Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ Bamboo Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Bamboo Market stood at USD 59.80 Billion in 2022 and is anticipated to grow with a CAGR of 4.61% in the forecast period, 2024-2028. The global bamboo market is driven by a multitude of factors. The versatility of bamboo as a raw material is a key driver. Its uses range from construction and textiles to food and bio-energy production. Its rapid growth and regenerative properties make bamboo a sustainable alternative to timber, thus appealing to an increasingly eco-conscious market. Additionally, the rising popularity of bamboo in the home decor and furniture industry contributes to the market growth. The global bamboo market is experien...