Bamboo Furniture Market To See Worldwide Massive Growth, COVID-19 Impact Analysis, Industry Trends, Forecast 2030
Global Bamboo Furniture Market size was valued at USD 13.43 Bn in 2023 and is expected to reach USD 20.18 Bn by 2030, at a CAGR of 6.32 %.
Overview
Bamboo, a rapidly growing grass, exhibits impressive variability and versatile applications, especially as a construction and furniture material. With positive features such as mechanical strength, easy processability, and widespread availability in tropical and subtropical regions, bamboo emerges as a renewable substitute for wood. Increasing environmental awareness has led wood processing companies to favor bamboo for sustainable building materials and furniture design. Bamboo furniture, considered green or eco-friendly due to resource conservation, finds a growing market. Cane and bamboo products, known for their strength and eco-friendliness, are widely used in Indian craft and culture, particularly in Northeast and Southern India.