Indonesia Bamboos Market expected to expand at a CAGR of 6.2% from 2021 to 2028
Indonesia Bamboos Industry Overview The Indonesia bamboos market size is expected to reach USD 2.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. The increasing adoption of bamboo in the construction industry due to its high compressive strength, less weight, and ability to lower carbon emissions is anticipated to drive the growth in its demand, over the forecast period. Indonesia Bamboos Market Segmentation Grand View Research has segmented the Indonesia bamboos market on the basis of product and application: Based on the Product Insights, the market is segmented into Bamboo Raw Materials, Bamboo Shoots, Woven Bamboo Products, Engineered Bamboo Products, and Bamboo Furniture The engineered bamboos led the market and accounted for the largest revenue share of more than 37.0% in 2020. Shifting interest toward cost-effective, sustainable, and environment...