Scope of the Study
The bamboo flooring is a type of flooring that originated from the bamboo plant. It consists of several features such as unique look, eco-friendly hardware, highly durable and easy for maintenance that can widely applicable for customary wood flooring. It has been observed that increasing bamboo flooring by the key players in manufacturing market is expected to flourish the global market in future due to better sustainable and highly renewable plant. The manufacturers of bamboo flooring products are expanding their businesses in Europe countries as these countries are more ideal material for seismic-resistant constructions.
The market study is being classified by Type (Solid Bamboo Floor, Engineered Bamboo Floor, Strand Woven Bamboo Floor and Other), by Application (Residential and Commercial) and major geographies with country level break-up.
Dasso (United States), Jiangxi Feiyu (China), Eco Bamboo & Wood (United States), Tengda (United States), Jiangxi Shanyou (China), Sinohcon (China), Tianzhen (China), Kang Ti Long (China), Huayu (China), Kanger Group (China) and Zhutao (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are US Floors Inc (United States), Teragren (United States) and Bamboo Hardwoods (United States).
Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Bamboo Flooring market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Bamboo Flooring market by Type, Application and Region. On the basis of Type, Product Type are dominating the market in the year 2018 where as Solid Bamboo Floor stood as second largest market share.
On the basis of application, Application segment is dominating the market in the year 2018 where as Residential segment stood as second largest market.
On the basis of geography, the market of Bamboo Flooring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Shape Type, the sub-segment i.e. Horizontal Bamboo will boost the Bamboo Flooring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fitting Type, the sub-segment i.e. Tongue and Groove Bamboo will boost the Bamboo Flooring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Colour Type, the sub-segment i.e. Natural will boost the Bamboo Flooring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Demand of Bamboo Flooring in China.
- The Bamboo Flooring is Eco-Friendly and Easy to Maintain.
- Increasing demand of Moso bamboo for building construction.
- Rising Demand for Eco-friendly products.
- The Bamboo Floor is not suitable for Humid and Damps Areas.
- The Bamboo Floors are More Resistant to Water Damage than the Average Hardwood.
- The Price of Bamboo Floor is Affordable.
- The Bamboo Floors are More Durable, Hard and Strong in Nature.
- Bamboo Floors Releases Volatile Organic Chemicals that Hampers the Adhesive.
Market Leaders and their expansionary development strategies
In November 15, 2018, American Industrial Partners acquired Armstrong Flooring Inc‘s at an amount of USD 100 million. This acquisition is beneficial in providing high-quality wood flooring product portfolio and existing network of wood floor manufacturing facilities. It also offers wide range of resilient products including Vinyl Composition Tile and resilient sheet.
In January 2018, Cali Bamboo launched GeoWood which is stabilized with limestone composite that is beneficial in providing water resistance at a lower price point than solid wood planks. It is ideal for paces with heavy traffic, large dogs, and all the wear and tear.
“According to Europe Timber Regulation (EUTR) and , it’s denoted that, the imports of bamboo products in the coming period, since Europe has been actively blocking imports of illegal timber and Bamboo as well as non-verifiable products”.
Key Target Audience
Bamboo Flooring Manufacturers, Bamboo Flooring Traders, End-Use Market Participants of Different Segments of Bamboo Flooring, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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