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By 2028,the Global Bamboo Pulp Market Size is Estimated to be USD 5246.1 Million

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Global Info Research
By 2028,the Global Bamboo Pulp Market Size is Estimated to be USD 5246.1 Million

Bamboo pulp is a pulp similar to wood pulp, straw pulp or reed pulp. Bamboo pulp is usually made from Phyllostachys edulis, Phyllostachys pubescens and Phyllostachys pubescens by sulfate digestion or soda process.


The bamboo pulp market has a strong regionality, which is due to: first, the distribution of bamboo is regional; second, the gross profit margin of bamboo pulp production is at a relatively low level, and the cost of environmental protection investment such as sewage is relatively high. Without large-scale production, it is difficult for enterprises to obtain real profits.


Due to COVID-19 pandemic, the global Bamboo Pulp market size is estimated to be worth US$ 2188.6 million in 2021 and is forecast to a readjusted size of USD 5246.1 million by 2028 with a CAGR of 13.3% during forecast period 2022-2028. 


In terms of product classification, unbleached bamboo pulp has a clear upward trend due to the market's preference for natural products. In 2017, unbleached bamboo pulp accounted for about 24% of the market, and by 2021, this proportion will rapidly increase to 36%, and by 2028, this proportion may rise to 49%.


Before 2015, there were still some large-scale production in India, Thailand and other countries, but due to the poor profit and the obvious gap between the end products made of bamboo pulp and traditional wood pulp, these enterprises have withdrawn from the market one after another. At present, the main production enterprises in the global market are concentrated in China.


Influenced by the global advocacy for renewable materials, bamboo pulp, as an environmentally friendly material, is more and more widely used in the field of food packaging. Therefore, the demand in this field will continue to rise in the future, especially in developed countries and regions.

 

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