Bamboo Powder as fastest growing segment fueling growth in Bamboo Powder Market

 


The global Bamboo Powder Market is estimated to be valued at US$ 158.4 Mn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:

Bamboo powder is finely ground bamboo material that is obtained through pulverization or grinding processes. It has various uses in cosmetics, pharmaceuticals, textiles and other industries due to properties like antibacterial, UV protection. The market is growing due to rising demand for natural ingredient based products.

Market key trends:

One of the key trends fuelling growth in the bamboo powder market is the growing popularity of bamboo clothing and textiles. Bamboo powder is used extensively in manufacturing of bamboo based fabrics due to properties like moisture wicking, temperature regulation, stretchability and strength. The bamboo fabrics are gaining popularity as alternatives to cotton and synthetic fabrics. The eco-friendly production of bamboo fabrics coupled with their excellent characteristics is driving manufacturers to increasingly use bamboo powder in textile industry. This is expected to propel the demand for bamboo powder over the forecast period.

Segment Analysis

The bamboo powder market is segmented on the basis of form, application, and region. Form-wise, the market is divided into nano powder and regular powder. Among these, the regular powder segment dominates the market with higher consumption due to its affordable cost and broader range of applications. The nano powder segment is expected to grow at a faster rate during the forecast period attributed to its higher absorption capacity and longer shelf life.

Key Takeaways

The Global Bamboo Powder Market Size is expected to witness high growth, exhibiting a CAGR of 3.3% over the forecast period, due to increasing use of bamboo powder as an additive in various industries including food, cosmetics, and construction.

Regional analysis

Asia-Pacific dominates the bamboo powder market owing to high bamboo production in countries such as China, India, and Japan. The region is estimated to hold a market share of over 40% in 2023. Europe is expected to grow at the fastest rate over the forecast period attributed to growing cosmetics and food industries in countries such as Germany, France, and Italy demanding bamboo powder.

Key players
Key players operating in the bamboo powder market are Bambu Naturals LLC, Fujian Huayi Bamboo & Wood Industry Co., Ltd., Bamboo Bio Composites Sdn Bhd, Xuyi Oumeijia Bamboo Products Co., Ltd., Fujian Jianyang Xingli Bamboo Products Co., Ltd., Bamboo Solutions Ltd., Reade International Corp., Shanghai Tenbro Bamboo Textile Co., Ltd., Green Earth Industries, Bamboo Technologies Ltd., Biomix SRL, EcoPlanet Bamboo Group, Texperts India Pvt. Ltd., Bamboo Shield, Bamboo Import Europe BV.

Read Our More Blogs : https://www.rapidwebwire.com/bamboo-powder-market-size-share-analysis-2023-2030/


Comments

Post a Comment

Popular posts from this blog

Macrophage Marker Market Poised to Grow at a Robust Pace Due to Rising Demand in Medical Diagnostics

Image
  The macrophage marker market has witnessed significant growth in recent years owing to the growing applications of macrophage markers in medical diagnostics. Macrophage markers are proteins or cell surface receptors that are expressed by macrophages and are used to identify and study macrophages and their functions. Some of the key macrophage markers include CD14, CD68, CD163, CD206, and LAMP-3. These markers play a vital role in studying the functions of macrophages in various diseases like cancer, inflammatory disorders, and infectious diseases. The global macrophage marker market is estimated to be valued at US$ 295.15 million in 2024 and is expected to exhibit a CAGR of 2.7% over the forecast period of 2024-2030. The growing prevalence of various chronic and infectious diseases and increase in R&D spending for drug discovery are some of the key factors driving the demand for macrophage markers in recent years. Macrophage markers help in evaluating disease progression, d...
Read more

The global Cancer Diagnostics Market is growing at an accelerated pace

Image
  Cancer diagnostics involve various tests and procedures used to detect different types of cancers as early as possible to help improve treatment outcomes. From simple blood tests and imaging scans to biopsies and molecular testing, cancer diagnostics help doctors determine if an individual has cancer, where it is located in the body, if it has spread, and other important information. The growing incidences of various cancers like breast, lung, prostate and colorectal cancer globally have increased the demand for advanced and effective diagnostic procedures. Early detection is critical for cancers to treat them effectively and improve chances of survival. The global Cancer Diagnostics Market is estimated to be valued at US$ 59.1 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Immunohistochemistry is one of the key diagnostic trends gaining popu...
Read more

The Global Boat Accumulator Market Growth Is Accelerated By Increasing Consumer Spending

Image
  Boat accumulators or batteries are sealed lead acid batteries that provide starting power and deep cycle power for boats. They are essential for powering marine electrical systems, motors, navigation lights, bilge pumps and other onboard appliances. The growing marine tourism and recreational boating activities have increased the demand for boats and yachts over the years. This has propelled the boat accumulator market. The global Boat Accumulator Market is estimated to be valued at US$ 266.66 Mn in 2023 and is expected to exhibit a CAGR of 2.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing consumer spending on recreational boating activities has been a major driver for the boat accumulator market over the past decade. The number of recreational boats sold globally has increased steadily with the rise in disposable incomes and leisure time among consumers. Countries like the United S...
Read more