Press Release
Press Release
The South Korea bamboo market growth is driven by the increasing demand for sustainable products along with increasing applications across industries that include construction and interior design products. South Korea, renowned for its hilly landscapes, ranks as the world’s third-largest bamboo producer. Despite its terrain, bamboo thrives here, playing a crucial role in the country’s forestry sector. The growth of South Korea's bamboo market is fueled by demand for bamboo building materials, furniture, and other products. Recent years have witnessed increased demand for bamboo items due to the popularity of environmentally friendly products, driven by consumer awareness of sustainability.
Table: Flowering Cycle in Different Bamboo Species
Species |
Number of Years |
Bambusa balcooa |
35-45 |
Bambusa bambos |
45 |
Bambusa tulda |
30-60 |
Dendrocalamus giganteus |
40 |
Dendrocalamus hamiltonii |
30-40 |
Dendrocalamus longispathus |
30-32 |
Dendrocalamus strictus |
25-45 |
M. baccifera |
40-45 |
Ochlandra ebracteata |
7 |
Phyllostachys bambusoides |
120 |
Sinarundinaria wightiana |
1 |
Thyrsostachys oliveri |
48-50 |
Bamboo has a rich history in practical applications, from scaffolding to pipe manufacturing, reflecting its versatility in construction. Its sustainable cultivation supports carbon fixation, air purification, and soil erosion prevention, offering growth opportunities to stakeholders.
Builders utilise bamboo in structures due to its natural flexibility, which allows it to withstand earthquakes by bending instead of breaking. This elasticity also makes bamboo suitable for curved applications like sculptures and handles. Bamboo's durability and resistance to warping and pests contribute to its appeal in humid environments. Increasing investments in eco-friendly infrastructure and consumer awareness of bamboo's benefits are driving sales.
The bamboo market is driven by health benefits and a rising trend towards sustainable products across residential, commercial, and industrial sectors. Bamboo shoots offer notable health advantages, including anti-inflammatory effects, cholesterol balance, and weight loss. They are rich in vitamins, fibre, and potassium, aiding digestion and blood pressure regulation. Consumer awareness of healthy food products is expected to boost the market.
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The major players in the South Korea bamboo market are Fawoo Engineering Co., Ltd., Daechang Co., Ltd., and Insan Bamboo Salt Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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 Application |
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Market Dynamics |
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Trade Data Analysis |
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Companies Coverd |
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Competitive Landscape |
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