India bamboo products market is expected to grow at a steady rate during the forecast period. The Indian bamboo products market is driven on account of their growing popularity as an alternative to traditional timber owing to their numerous benefits and cost-effectiveness. Furthermore, the growing demand for eco-friendly products is expected to propel the market during the forecast period.
Important Factors of India Bamboo Products Market
The Indian bamboo products market is segmented based on species, application, end-user industry, and region. Based on species, the market can be categorized into Bambusa Tulda, Bambusa Bambos, Dendrocalamus Strictus, and others. The Bambusa Tulda species is expected to dominate the market owing to its widespread use in the construction industry and for making furniture, mats, and handicrafts, among others. Additionally, this is an edible variety and is also used as a windbreak.
Based on the end-user industry, the market can be fragmented into wood and furniture, construction, paper and pulp, textile, medical, agriculture, and others. The paper and pulp industry is expected to dominate the market on account of the favorable government excise policy, rising government spending on education, and increasing activities in print media, FMCG, and pharmaceutical sectors.
Major players operating in the bamboo products market include Kerala State Bamboo Corporation Ltd, Epitome Bamboowood Products, Ballarpur Industries Limited (BILT), Amlai Paper Mill, Green Gold Bamboo Tech Pvt. Ltd., Kolan India, Green Gold Bamboo Tech Pvt. Ltd., among others.
Years considered for this report for India Bamboo Products Market
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The objective of the Study of Indian Bamboo Products Market
- To analyze and forecast the market size of Indian bamboo products market.
- To classify and forecast India bamboo products market based on species, application, end-user industry, and regional distribution.
- To identify drivers and challenges for India bamboo products market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Indian bamboo products market.
- To identify and analyze the profile of leading players operating in Indian bamboo products market.
Download Free Sample Report
TechSci Research performed both primary and exhaustive secondary research for this study. Initially, TechSci Research sourced a list of renowned manufacturers/ suppliers/ distributors operating in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the other stakeholders which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of India’s bamboo products market using a bottom-up approach, wherein data for various end-user segments were recorded and forecasted for the future years. TechSci Research sourced these volumes from industry experts and externally validated them by analyzing the historical data of respective ministries and associations to arrive at the overall market size. Various secondary sources such as secondary source directories, databases such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience for India Bamboo Products Market
- Bamboo products manufacturers, distributors, suppliers, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to bamboo products
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, distributors, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope of India Bamboo Products Market
In this report, India bamboo products market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Market, By Species:
- Bambusa Tulda
- Bambusa Bambos
- Dendrocalamus Strictus
- Others
- Market, By Application:
- Raw Material
- Industrial Products
- Furniture
- Shoots
- Others
- Market, By End User Industry:
- Wood and Furniture
- Timber substitute
- Plywood
- Mat boards
- Flooring
- Furniture
- Handicraft
- Others
- Construction
- Housing
- Scaffolding
- Others
- Paper and Pulp
- Textile
- Medical
- Agriculture
- Manure
- Fodder
- Others
- Chopsticks
- Wood and Furniture
