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Bamboos Market Size Worth $98.3 Billion By 2025

The global bamboos market size is estimated to touch USD 98.3 billion by 2025, as predicted by Million Insights in its new report. Further, the market is likely to exhibit the CAGR of 5% from 2019 to 2025.

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Bamboos Market Size Worth $98.3 Billion By 2025

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  1. Bamboos Market Size Worth $98.3 Billion By 2025 “The global bamboos market size is estimated to touch USD 98.3 billion by 2025. Further, the market is likely to exhibit the CAGR of 5% from 2019 to 2025. Increasing focus on sustainable infrastructural development and rising demand for furniture from the residential segment is attributing to the growth of the market.” The global bamboos market size is estimated to touch USD 98.3 billion by 2025. Further, the market is likely to exhibit the CAGR of 5% from 2019 to 2025. Increasing focus on sustainable infrastructural development and rising demand for furniture from the residential segment is attributing to the growth of the market. Bamboo and rattan are mostly cultivated without the use of fertilizers and chemicals. These plants do not need replanting and they grow rapidly. In addition, bamboo processing for different applications such as furniture, pulp and papers, and flooring has minimal adverse impact on the environment. Bamboos are known to absorb carbon and provide a superior alternative to traditional hardwood and plastics. Therefore, increasing awareness about environment protection is further boosting the market growth. In China, home-grown bamboos are known to promote positive energy and they hold a significant cultural value. On the other hand, bamboos have their economic importance as well owing to their use in cooking, medicine, building and other applications. Thus, the increasing popularity of bamboos as a sustainable resource is driving its adoption. Governments in Asia Pacific and African nations are increasingly supporting the bamboos and rattan cultivation as they provide a livelihood to a large number of socially and economically backward people. For example, some African countries such as Kenya, Uganda and Ethiopia partnered with China to eradicate poverty by supplementing bamboos production. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-bamboos-market/request-sample

  2. Further key findings from the report suggest: • The growing popularity of bamboos cultivation is attributed to the various benefits such as sustainable production, cost-effectiveness and their medicinal values. • Government in Asian and African countries are imposing favorable regulation, which, in turn, driving the demand for the bamboos market. • Growing application of bamboos in various applications such as plywood, pulp, plywood and paper is driving its demand. • In 2018, Asia Pacific accounted for more than 60% of the share in the market. Further, the region is estimated to witness the highest CAGR over the forecast duration. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-bamboos-market Million Insights has segmented the global bamboos market based on application and region: Application Outlook (Revenue, USD Billion, 2014 - 2025) • Raw Materials • Industrial Products • Furniture • Shoots • Others

  3. Regional Outlook (Revenue, USD Billion, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • France • Italy • Benelux • Asia Pacific • China • India • Japan • Indonesia • Vietnam • Latin America • Brazil • Mexico • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/wood-and-wood-products

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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