Rising Use Of Bamboo In Wood And Furniture To Boost The Bamboos Market Growth

Bamboo is a kind of grass with a strong, woody, hollow stem. It is a recurrent evergreen, which means it grows annually and stays green throughout the year without shedding leaves. Numerous types of bamboos grow in various parts of the world, and people have utilized them in each thing starting from construction to medication. Choosing well-watered, slightly acidic soil in many cases, it has considerable cultural and religious implications such as the requirement to stay erect.

Major players included in the global bamboos market are Bamboo Australia Pty Ltd,  GRASSuilt LLC, Xingli Bamboo Products Company, Dasso Industrial Group Co. Ltd., Jiangxi Kangda Bamboo Ware Group Co. Ltd., EcoTimber Inc., Moso International BV,  EcoPlanet Group LLC, Eldorado Bambu, and Yokoyama Bamboo Products Co. Ltd.

Rising use of bamboo in wood and furniture is expected to augment the growth of global bamboos market. For instance, as per the latest statistics, the furniture industry is expected to be valued at US$4.74 billion in 2022 in India. The increasing regulatory initiatives to expand the yield for bamboo is anticipated to propel the growth of bamboos market For instance, Kenya National Bamboo policy, National Bamboo Mission India are few initiatives taken by the regulatory to expand the production of bamboo.

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