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The global bamboo flooring market size reached approximately USD 1.58 billion in 2023. The market is further projected to grow at a CAGR of 3.2% between 2024 and 2032, reaching a value of USD 2.10 billion by 2032.
Bamboo flooring refers to the type of flooring that is manufactured from the bamboo plant. The renewable and natural flooring offers various benefits including easy maintenance, durability, and pest resistance, among others. Bamboo flooring is highly resistant to moisture and is relatively easy to clean and maintain.
On the basis of type, the market is divided into solid bamboo floor, engineered bamboo floor, and strand woven bamboo floor, among others. Based on application, the market is classified into commercial and residential, among others.
On the basis of region, the bamboo flooring market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Residential sector is expected to account for a significant bamboo flooring market share in the coming years owing to the various advantages offered by bamboo flooring including strength, stability, sustainability, and versatility. The natural beauty enhances the aesthetic appearance of the household, whereas the sturdiness offers cost efficiency. The horizontal flooring preserves the authentic look of the grass whereas the vertical flooring offers more contemporary and cleaner graining, enhancing the visual appeal of the residential buildings.
The Asia Pacific is anticipated to account for a significant share of the market over the forecast period. This growth can be attributed to the eco-friendly properties and cost-effective nature of bamboo flooring as opposed to hardwood flooring. The presence of a well-established bamboo industry in the region is further supporting the market growth in the Asia Pacific. Due to the dimensional stability offered by bamboo, they are often used in rooms with fluctuating temperatures, boosting the bamboo flooring market demand.
Smith & Fong Company is one of the leading manufacturers of bamboo flooring across North America. The company was founded in 1989 and is headquartered in California, United States. The company also produces coconut palm flooring, bamboo plywood, and plywood products.
Jiangxi Shanyou Industry Co., Ltd. is known for supplying and manufacturing embossed, vertical, horizontal, hand-scraped, and 3D printed bamboo flooring. The company was founded in 2004 and is headquartered in Yichun, China.
Teragren is one of the leading manufacturers of environment friendly bamboo flooring, panels, veneers, and countertops, among others. The company is dedicated towards delivering high quality bamboo products to their customers.
Other bamboo flooring market key players include Moso International B.V., Ambient Bamboo Products, Inc., Dasso Group, Zhejiang Yongyu Home Furnishings Co., Ltd (YOYU Bamboo), Cali Bamboo, LLC, Boda Bamboo, and BothBest Bamboo Flooring Co. Ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 1.58 billion in 2023.
The market is projected to grow at a CAGR of 3.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.10 billion by 2032.
The major market drivers include growing awareness about the various benefits offered by bamboo flooring and increased adoption due to cost efficient nature of the flooring.
The key trends fuelling the growth of the market include rising adoption by the residential sector and increasing investments towards product enhancement by the key market players.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of bamboo flooring include commercial and residential, among others.
The key players in the market are Moso International B.V., Smith & Fong Company, Jiangxi Shanyou Industry Co., Ltd., Ambient Bamboo Products, Inc., Teragren, Dasso Group, Zhejiang Yongyu Home Furnishings Co., Ltd (YOYU Bamboo), Cali Bamboo, LLC, Boda Bamboo, and BothBest Bamboo Flooring Co. Ltd., among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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