The bamboo apparel market is slated to expand at a CAGR of 6.0% during the forecast period (2022 to 2032). Sales in the market are projected to reach a valuation of USD 2,248.6 Million in 2022 and are likely to cross USD 4,026.9 Million by the end of 2032.
Growth in the market is owing to the increased awareness among consumers of eco-friendly products. The antibacterial qualities of bamboo cloth are one of the factors improving the demand for bamboo apparel across the globe. As per the research, scientists have found that bamboo grows with little to no need for pesticides, due to bamboo Kun - an anti-bacterial bio-agent. Bamboo Kun is considered to have a long shelf life in bamboo fabric as it is tightly bonded in the bamboo cells, resulting in demand for bamboo apparel.
Scientists have conducted tests to demonstrate that a significant amount of bacteria that naturally incubate on bamboo fabric does not survive. This is due to the bamboo Kun characteristic, making the fabric resistant to bacteria. Customers who have delicate skin or are prone to allergies especially favor bamboo apparel.
Additionally, the growing preference for eco-friendly products is providing an impetus to the demand for bamboo apparel. The demand for eco-fibers might increase as consciousness about sustainability and environmental preservation grows. The adoption of next-generation technology is anticipated to accelerate the agriculture sector's transformation and the production of raw materials for the industry.
It is projected that the use of bamboo in personal care and healthcare goods will increase, propelling growth in the market. Bamboo is employed in a variety of products, including handcrafted goods, furniture, and housing.
They are also used to make woven goods, charcoal, carpets, and flooring. Therefore, a wide variety of commercial applications is projected to increase bamboo fiber sales, which would then propel the demand over the forecast period. However, with the rising sustainability trend in the fashion industry, key manufacturers are now collaborating with textile companies and local players to expand their business.
As eco-consciousness in the fashion industry grows, the preference for bamboo apparel is surging. Along with bamboo fibers, the sales of clothes made of bamboo viscose and bamboo rayon are also surging, especially in East & South Asia. As per the research, these bamboo apparels are 3x softer and more durable than cotton clothes. Surging inclination towards eco-friendly clothing is also encouraging bamboo cultivation. This is predicted to boost the growth of bamboo apparel in the market.
Attributes | Key Insights |
---|---|
Bamboo Apparel Current Market Size (2021) | USD 2,122.1 Million |
Estimated Market Size (2022) | USD 2,248.6 Million |
Projected Market Value (2032) | USD 4,026.9 Million |
CAGR Growth Rate (2022 to 2032) | 6.0% |
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As per Future Market Insights (FMI), the market is expected to witness robust growth owing to the growing sustainability concerns and growing demand for woven bamboo apparel across the globe. As bamboo is 100% natural, soft like silk, and completely biodegradable.
The bamboo apparel is manufactured from extremely soft bamboo pulp. Bamboo's hollow fibers give it exceptional breathing properties, which makes it a fantastic fabric for clothes. The bamboo fiber has more micro gaps and micropores than any other material, which provides for better moisture absorption and ventilation. Because bamboo contains bamboo Kun, an antimicrobial bio-agent, which also gives it natural anti-allergic qualities, bamboo fabrics also have a distinctive antibacterial quality.
Bamboo has a high level of breathability, in contrast to many other materials. The natural bamboo plant maintains its fabric form and, like its other attributes, keeps itself cool in the heat. Micro-gaps are spread across the bamboo fiber’s cross-section, improving the fabric's capacity for moisture absorption and breathability.
The high expenses connected with the production of eco-fibers like bamboo fiber as well as their processing and manufacturing constitute a significant constraint for this sector. Over the course of the forecast period, the market is anticipated to be driven by rising infrastructure development investments, expanding use of sustainable building and construction materials, and growing consumer awareness of the uses and advantages of bamboo. Bamboo is a renewable resource that may grow in a variety of climates, though a tropical climate is preferred.
Sustainable Fashion Trend to Push Bamboo Apparel Sales among Gen-Zs
Bamboo has become a favorite material among sustainable fashion brands since it requires less water, labor, and time to grow than other common plants that are used as fabrics. Hence, end users are focusing on sustainability as the numerous effects of climate change become more apparent. As a result, the market is gaining significant attraction in the current scenario.
Consumers using a particular amount of a product without having a substantial negative impact on the likelihood of its source's regeneration is referred to as sustainability. When it comes to environmentally friendly and sustainable products, bamboo has a plethora of advantages. It is becoming a more viable option than other materials for making durable and lightweight products, which is highly gaining prominence in the global market.
Increasing Product Launches and Celebrity Endorsements to Facilitate Bamboo Apparel Sales in India
One of the fastest-growing, most renewable, and biodegradable materials with significant environmental advantages is bamboo. As per FMI, the market in India is expected to grow at a CAGR of close to 10.4% during the forecast period.
Numerous product launches in India on the back of increasing demand for sustainable products are helping the brands to prosper. Further, a high number of celebrity endorsements by the players is attracting the young generation towards such product adoption.
For instance, Ranveer Singh, a Bollywood celebrity, endorsed Siya ram's campaign to promote the novel bamboo fabric. To bring the best of the world to Indian consumers, a leading apparel brand, Siyaram continuously develops goods and collaborates with some of the most talented craftspeople in the world.
The rigorous strategies by organizations in China attract more consumers
China is expected to be the most prominent market in the East Asia region, with the country exhibiting a value share of around 56% in the East Asia market.
The Shanghai International Bamboo Industry Expo which has been organized for many years witnessed the transformation and innovation of the bamboo industry. As a result, the bamboo industry provided a new development model for rural regeneration and displayed its full industrial chain, high degree of industrial clustering, and notable resource advantages.
The organization is developing the only science, industry, and trade communication platform for the bamboo industry in China to assist consumers in choosing the best bamboo brands for their unique needs. Expand market sales of bamboo items to boost the bamboo industry's appeal. As a result, this industrial exhibition is driving the market in China.
Increased Adoption of T-Shirts, Especially Among Men, to Propel Bamboo Apparel Sales
In terms of product type, t-shirts are the most prominent category with a value share of around 32% in the global market. The significant market share is a result of the increasing adoption of t-shirts by the younger generation on the back of gaining prominence of sustainable products and their effect on the environment.
The rising presence of men on social media platforms and their browsing activity for new products in their leisure time is leading to an increased volume of sales of bamboo apparel by men. The category is anticipated to contribute a significant share of around 51.5% in the global bamboo apparel category during the forecast period.
Further, the women category is anticipated to grow at a prominent CAGR of around 8.1% owing to their increasing involvement in numerous sectors of the industry such as production, designing, marketing, etc.
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Some key players in the market are China Bambro Textile Co, Ltd., Bamboo Textile Co., Advantage Fibres, Wild Fibres, TIC Gums, China Thrive Industrial Co., Towel Industrial Co. Ltd., Xiamen Ebie Import & Export Co. Ltd., Boody Bamboo Clothing, Cozy Earth, Cariloha, Inc., BLUE BUNGALOW, Free Fly Apparel, Ettitude Holdings, Inc., and Thought Clothing among others.
Bamboo Clothing: Medialab announces their media partner support to Bamboo Clothing for brand growth strategy and focuses on increasing brand awareness in the United Kingdom market.
The recently established Leandrop company sells environmentally friendly apparel made of hemp and bamboo.
Attribute | Details |
---|---|
Estimated Market Size (2022) | USD 2,248.6 Million |
Projected Market Value (2032) | USD 4,026.9 Million |
CAGR Growth Rate (2022 to 2032) | 6.0% |
Historical Data Available for | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative units | Revenue in USD Million, volume in Units, and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
Segments Covered | Type, Fabric Type, Consumer Orientation, Distribution Channel, Region |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, India, Thailand, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), South Africa |
Key Companies Profiled | China Bambro Textile Co, Ltd.; Bamboo Textile Co.; Advantage Fibres; Wild Fibres; TIC Gums; China Thrive Industrial Co.;Towel Industrial Co. Ltd.; Xiamen Ebie import & Export Co. Ltd.; Boody Bamboo Clothing; Cozy Earth; Cariloha, Inc.; BLUE BUNGALOW; Free Fly Apparel; Ettitude Holdings, Inc.; Thought Clothing; Others |
The market for bamboo apparel reached a valuation of USD 2,122.1 Million in 2021.
Leading players operating in the market are China Bambro Textile Co, Ltd., Bamboo Textile Co., Advantage Fibres, Wild Fibres, TIC Gums, China Thrive Industrial Co., and Towel Industrial Co. Ltd among others.
Growing sustainability concerns and cost-effective fashion trend across the globe is predicted to propel the demand in the market.
Sales in the market are projected to reach a valuation of USD 4,026.9 Million by the end of 2032.
Demand for bamboo apparel in the market is anticipated to rise at a CAGR of 6% over the forecast period (2022 to 2032)
Estimated Size, 2024 | USD 7,245.6 million |
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Projected Size, 2034 | USD 20,388.7 million |
Value-based CAGR (2024 to 2034) | 10.9% |
Market Size, 2024 | USD 4.8 billion |
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Market Size, 2034 | USD 7.7 billion |
Value CAGR (2024 to 2034) | 5.0% |
Estimated Market Share in 2023 | USD 511 million |
---|---|
Forecasted Market Size by 2033 | USD 950.3 million |
Projected Market Growth Rate from 2023 to 2033 | 6.4% CAGR |
Market Value (2023) | USD 73432.4 million |
---|---|
Market Expected Value (2033) | USD 131506.2 million |
Market Projected CAGR (2023 to 2033) | 6.0% |
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