According to the FAO report on world forest resources, India is the second country with a vast presence of bamboo genetic resources after China and roughly 29 genera of bamboo can be found in the nation. India is the home to roughly 148 species of perennial flowering plants with an abundance of three bamboo genera i.e., Dendrocalamus, Ochlandra, and Bambusa.
Important elements of the Indian Bamboo Market
India bamboo market is expected to witness significant growth during the forecast period. Additionally, the rising demand for furniture with the rise in per capita income of consumers in the country is further expected to foster the growth of the market during the forecast period.
Based on length, the market can be fragmented into 0-10m, 10-20m, 20-30m, and above 30m. The 10-20m segment is expected to dominate the market during the forecast period since the commonly occurring bamboo species in India grow up to this length only.
The India bamboo market is segmented based on species, type, structure, length, and region. Based on species, the market can be categorized into Bambusa Tulda, Bambusa Bambos, Dendrocalamus Strictus, and others.
The Dendrocalamus Strictus occupies the largest market share because it is the most common bamboo species, which is widely distributed in the dry regions of the country. This is a major bamboo species found in the forests of Uttar Pradesh and spread over all the areas of Central India including Madhya Pradesh, Chhattisgarh, and Maharashtra.
Years considered for this report for India Bamboo Market
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The objective of the Study India Bamboo Market
- To analyze and forecast the market size of India bamboo market.
- To classify and forecast India bamboo market based on species, type, structure, length, and regional distribution.
- To identify drivers and challenges for India bamboo market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of providers/ distributors/ suppliers across 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 providers/ distributors/ suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the providers/ distributors/ suppliers, distribution channels, and presence of all major players across the globe.
TechSci Research calculated the market size of India bamboo 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 Market
- Bamboo providers, suppliers, distributors, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to bamboo
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders, besides allowing them in strategizing investments and capitalizing on market opportunities.
