High Material Costs to Restrain Growth of Global Bamboo Fiber Towel Market Through 2025: TMR Projects

Out of the other by-products of bamboo tree, bamboo fiber towels are extraordinarily smooth and lenient as in texture-wise. A perfect blend of cotton and bamboo yarn or sometimes only bamboo yarn are the source materials of bamboo fiber towels. In comparison to cotton towels, these towels are very smooth and biodegradable. In addition, bamboo towels are anti-microbial, anti-bacterial and anti-fungal. Therefore, these are germ-free and they do not stink if you keep it in any soggy environment. Besides these, there are many advantages of using bamboo fiber towels. Their role as anti-allergic product help people from developing skin irritations and itchiness. In fact, it prevents our skin from dangerous UV rays and also, assists healthier inhalation apart from thermal regulation. In Asia Pacific region, bamboo fiber towels are handcrafted and have been used actively for the past several decades. According to an ongoing research study by Transparency Market Research, the global demand for bamboo fiber towels is likely to witness steady growth during the forecast period, 2017-2025.

Using Bamboo Fiber Is More Advantageous

There are ample benefits we get from bamboo. Therefore, for manufacturing garments and towels, bamboo is one of the sought-after materials. Cultivation of bamboo is a speedier process, compared to other plants, and requires less water, making it fit for arid regions. It is non-chemical and positively assists the environment as it releases sufficient oxygen. As bamboo absorbs carbon-dioxide more than timber and cotton, their presence assists air purification. Moreover, timber and cotton cultivation need plenty of water, whereas bamboo plants do not require much water to grow. Primary reasons of preferring bamboo fiber to make towels include their ability to make them spongier, hard to shrink and long-lasting.

Despite of the aforementioned drivers, the high costs of bamboo fiber materials will continue to restrain the expansion of global bamboo fiber tower market during the forecast period. Owing to the excessive usage of bamboo plants, the cultivation count is reducing in every passing year. As a result, low availability of bamboo plants is lowering the overall production in the global bamboo fiber towel market. Due to the less availability, price of bamboo fiber is getting high and that results into the imbalance of demand-supply of bamboo fiber towel globally.

Segmentations of Bamboo Fiber Towel: The study has provided analysis on the global bamboo fiber towel market into three key segmentations, which include type of product, application, and geography. On the basis of products, the bamboo fiber towel market is divided into three more subtypes – hand towel, body towel, and face towel. On the basis of application, adults and children are the key users of bamboo fiber towels. Region-wise, this concerned market can be segmented into five key divisions- North America, Latin America Asia Pacific, Europe, and Middle East & Africa. It is expected that Asia Pacific could be the most lucrative region as a producer of towels made from bamboo fiber.

Most of the key players functioning in the global market of bamboo fiber towel belongs to the Asia Pacific region, and more specifically from China. Huaian Jinsanhuan Textile Technology Co., China Thrive Industrial Co., Ningbo Riway Daily Commodity Co., Ltd., Ltd., Ltd., Xiamen Ebei Import & Export Co., Ltd., Kunming Ansheng Industry & Trade Co., Ltd. and Foshan Nanhai Ruifu Qifeng Towel Industrial Co. Ltd, among others are key stakeholders in global bamboo fiber towel market.

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Suyog Keluskar

Suyog Keluskar is an experienced Market Research, Customer Insights & Consulting professional, covering latest industry and market updates on Electronics, Semiconductor and ICT domain. With over ten years of experience in business/market research, Suyog delivers customer-centric assignments in market-entry, market expansion, partner identification, competition analysis, market sizing, industry insights and customer intelligence studies. When Suyog is not busy unraveling the consumer mind or unearthing market potential he can be found traveling the road less traveled with a fascinating book on contemporary history in his hand. An avid cricket fan, music lover and you will also find him discussing politics with his friends and peers more often.