Bamboo Apparel Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Product Type (Tops, Bottoms, Undergarments, Activewear, Bathrobes & Towels, and Others), By Fabric Type (Pure, and Blends), By End-user (Men, Women, and Kids), By Sales Channel (Independent Stores, Specialty Stores, Online Retail, offline Retail, and Brand Outlets) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Bamboo Apparel Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Product Type (Tops, Bottoms, Undergarments, Activewear, Bathrobes & Towels, and Others), By Fabric Type (Pure, and Blends), By End-user (Men, Women, and Kids), By Sales Channel (Independent Stores, Specialty Stores, Online Retail, offline Retail, and Brand Outlets) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: November 2023
Report Code: CGNCGS113
Pages: 220

The Global Bamboo Apparel Market was valued at USD 2,047.3 Million in 2022 and is anticipated to reach a value of USD 3,185.6 Million by 2030 expanding at a CAGR of 5.7% between 2023 and 2030.

The bamboo apparel is clothing made from bamboo fibers which is extremely soft bamboo pulp. These fibers are transformed into yarn, which is then used to manufacture various types of clothing such as t-shirts, socks, and other garments. It is known for being soft, breathable, and eco-friendly that are good for sensitive skin. This fabric is known for being super soft and comfortable to wear. Bamboo fibers are naturally moisture-wicking and have antibacterial properties. Bamboo is a sustainable and renewable resource which makes it an eco-friendly choice for clothing. Bamboo apparel has become more popular in recent years owing to its sustainability, comfort, and durable benefits. Clothing that is created from bamboo is a great organic option, and it offers several benefits over cotton. Bamboo apparel can be categorized into tops, bottoms, undergarments, activewear, bathrobes and towels, and other products. The bamboo apparel market serves men, women and kids.

Bamboo Apparel Market Major Driving Forces

Changing Consumer Preferences: The market is being driven by a shift, in consumer preferences towards comfortable options, such as bamboo apparels. Consumers are seeking for natural fabric that offer enhanced comfort and relaxation.

Growing Sustainability Concerns: Increasing consumer awareness about environmental impact of fashion have driven interest in bamboo apparel. Bamboo is renewable and sustainable resource making it is an eco-friendlier choice than conventional textiles. Bamboo is a renewable resource that may grow in a variety of climates.

Innovation in Processing Techniques: The bamboo apparel industry is constantly evolving with the innovations in processing techniques. Innovations in bamboo processing techniques have enhanced the softness, durability, fabric quality, and functionality.

Government Initiatives: Governments across the globe are implementing policies and initiatives to promote sustainable practices in textile industry, which contributes to the growth of bamboo apparel market. Government support for sustainable practices includes research funding, subsidies which accelerate the growth of the market.   

Bamboo Apparel Market Key Opportunities

Growing Sustainable Fashion Trend: The increasing demand for eco-friendly products presents an opportunity for the bamboo apparel market to develop and promote sustainable fashion. Manufacturers can capitalize on this trend by using plant-based and organic materials or offering bamboo apparels with responsible sourcing and production.

Online Retail and E-commerce Growth:

The continued growth of online retail and e-commerce platforms provides an opportunity for bamboo apparel manufacturers to expand their reach and tap into a broader customer base. Online sales channels allow for easier product accessibility and global market penetration.

Expanding Product Range:

Creating new and innovative designs in bamboo apparel, exploring new product categories beyond basic clothing offers an excellent opportunity for market growth. Product diversification can significantly attract consumers which drives market growth. Expanding product range into other categories such as activewear, sportswear, and sleepwear is expected to create significant opportunity for manufacturers.

Bamboo Apparel Market Key Trends

·         Growing global trend towards purchasing and using sustainable fashion products made with natural fabric to reduce environmental impact

·         Growing sustainability concerns among consumers owing to increasing environmental concerns of their clothing choice

·         Increasing preference for natural fabric, as consumers are increasingly seeking for comfort, breathability, and sustainability benefits

·         Continuous innovations in the fashion industry to enhance enhanced the softness, durability, fabric quality, and functionality

·         Sustainable packaging and shipping solutions to reduce the environmental impact of bamboo apparel distribution

·         Bamboo apparel is gaining popularity in market due to eco-friendly and sustainable production Increased

·         Customized and designer bamboo apparel covers becoming a trend, allowing consumers to match their preferences

·         Increasing demand for functional apparel owing to bamboo’s natural properties such as UV protection, and antimicrobial properties

Region-wise Market Insights

North America accounted for the largest market share at 32.3% in 2022 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 6.2% between 2023 and 2030.

In North America, the demand is driven by a growing adoption of bamboo apparel, increasing consumer demand for sustainable and eco-friendly fashion, and strong retail presence in the region. The North American consumer values high-quality fashion bamboo apparels for enhanced comfort, and this preference drives the demand for bamboo apparel options in the region. Europe emphasizes on eco-friendly and sustainable practices for bamboo apparels. In Asia-Pacific, the market is characterized by rise in consumer demand, increasing consumer awareness, burgeoning middle class and rising disposable income which has created an increasing demand for bamboo apparels. Furthermore, China is the most prominent market, as it is home for many large manufacturers and exporters of bamboo fabric and apparels. The Middle East and Africa has been witnessing a growing demand for bamboo apparel owing to increasing consumer awareness about its benefits, growing middle class, and rising disposable income in countries such as South Africa. Additionally, online retail and e-commerce platforms have expanded the global market reach, making it easier for consumers to access a wide range of bamboo apparel options.

Market Competition Landscape

The global bamboo apparel market is characterized by intense competition among several key players striving to maintain their market positions through innovation and product diversification. These companies continuously invest in research and development to offer sustainable fashion products using sustainable materials and practices such as bamboo. These key players also offering circular fashion services and are very transparent to their consumers. Additionally, these companies are developing more new innovative ways for sustainable fashion production.  Key players in the bamboo apparel market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, design differentiation, and the incorporation of sustainable and eco-friendly materials to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

E-commerce and online retailing has intensified market competition offering a platform for both established and emerging brands to reach a wider customer base. Market competition is also fueled by the diverse needs of consumers across regions, including variations in products, sizes, and designs. A few players invest in new processing techniques to enhance the properties of bamboo fabric, making it more durable and sustainable.

Key players in the global bamboo apparel market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         China Bambro Textile Co, Ltd.

·         Bamboo Textile Co.

·         International Fiber Corporation

·         Boody Eco Wear

·         TIC Gums

·         China Thrive Industrial Co.

·         Towel Industrial Co. Ltd.

·         Cozy Earth

·         Free Fly Fishing Company, LLC

·         Cariloha, Inc.

·         Advantage Fibres

·         Wild Fibres

·         Ettitude Holdings, Inc.

·         Thought Clothing

·         Spun Bamboo LLC

Report Attribute/Metric

Details

Market Revenue in 2022

USD 2,047.3 Million

Market Revenue in 2030

USD 3,185.6 Million

CAGR (2023 – 2030)

5.7%

Base Year

2022

Forecast Period

2023 – 2030

Historical Data

2018 to 2022

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Product Type (Tops, Bottoms, Undergarments, Activewear, Bathrobes & Towels, and Others)

·   By Fabric Type (Pure, and Blends)

·   By End-user (Men, Women, and Kids)

·   By Sales Channel (Independent Stores, Specialty Stores, Online Retail, offline Retail, and Brand Outlets)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

China Bambro Textile Co, Ltd., Bamboo Textile Co., International Fiber Corporation, Boody Eco Wear, Wild Fibres, TIC Gums, China Thrive Industrial Co., Towel Industrial Co. Ltd., Cozy Earth, Free Fly Fishing Company, LLC, Cariloha, Inc., Advantage Fibres, Wild Fibres, Ettitude Holdings, Inc., Thought Clothing, and Spun Bamboo LLC

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