views
Indonesia Bamboos Industry Overview
The Indonesia bamboos market size was estimated at USD 1.7 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 6.2% from 2021 to 2028.
Rising demand for the product in several industries including construction, pulp & paper, furniture, and food is expected to drive the market over the forecast period. An increase in product usage in the construction industry for making walls, flooring, roofs, scaffoldings, doors, and windows due to high sustainability, less weight, high compressive strength, and natural appeal is expected to have a positive impact on the market growth. Bamboo is used as a construction material, due to its economical and eco-friendly nature, renewability, durability, and safety.
Gather more insights about the market drivers, restrains and growth of the Indonesia Bamboos Market
Indonesia possesses rich bamboo resources, and thus, it is widely grown in the country. Rising awareness regarding forest conservation and sustainable economic development are the major growth drivers for the market. Furthermore, growing concerns toward depleting forest resources and ecological imbalance are leading to the adoption of eco-friendly non-wood fibers.
The growth in demand for bamboo is expected to be restrained by high maintenance and preservation costs associated with the material. Bamboo has durability issues and is comparatively more fragile than other materials such as steel and concrete. Bamboos used in handicraft and construction applications need to be preserved under controlled conditions to avoid the buildup of bacteria, thus limiting their utilization.
The global outbreak of the COVID-19 pandemic in 2020, led to a major decrease in the growth of the bamboos market, led to major disruptions in the supply chain of bamboo products, due to transportation restrictions imposed by the government to avoid the virus transmission. In addition, temporary closure operations of end-use industries such as constructions, furniture, and textiles, led to a decrease in bamboo sales.
The decreasing case numbers in 2021, and government initiatives for handicraft industry upliftment and opening of construction operations under strict COVID norms, is expected to normalize market growth over the coming years.
Browse through Grand View Research's Green Building Materials Industry Research Reports.
- Textile Market - The global textile market size was valued at USD 993.6 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030. Increasing demand for apparel from the fashion industry coupled with the growth of e-commerce platforms is expected to drive the market growth over the forecast period.
- Furniture Market - The global furniture market size was valued at USD 531.5 billion in 2019 and is expected to grow at a CAGR of 5.1% from 2020 to 2025. The market is driven by various factors such as rising disposable incomes, growth of real estate and hospitality industries, and demand for luxury and premium furniture from certain consumer sections.
Indonesia Bamboos Market Segmentation
Grand View Research has segmented the Indonesia bamboos market on the basis of product and application:
Indonesia Bamboos Product Outlook (Revenue, USD Million, 2017 - 2028)
- Bamboo Raw Materials
- Bamboo Shoots
- Woven Bamboo Products
- Engineered Bamboo Products
- Bamboo Furniture
Indonesia Bamboos Application Outlook (Revenue, USD Million, 2017 - 2028)
- Construction
- Furniture
- Pulp & Paper
- Textile
- Energy
- Food
- Others
Key Companies profiled:
Some prominent players in the Indonesia bamboos market include
- PT Bamboo Craft Indonesia
- EcoPlanet Bamboo Group
- Dasso Industrial Group Co., Ltd.
- MOSO International B.V.
- Asali Bali
- SahabatBambu
- Bamboo Mamboo Co., Ltd.
- PT. Dekor Asia Jayakarya
- IBUKU
- Gumi Bamboo
Order a free sample PDF of the Indonesia Bamboos Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com