As per Future Market Insights (FMI), the bamboo packaging market is expected to grow at a 6.4% CAGR during the forecast period (2022-2032).

The industry grew at a 1.0% CAGR  during the year 2015-2021

Across the globe, the preference for eco-friendly packaging for products in diverse industries is increasing rapidly.

Manufacturers are using this packaging for a plethora of products such as cups & straws, bottles & jars, boxes & cartons.

As the demand is shifting from single-use plastic to sustainable packaging, the adoption of bamboo packaging is predicted to surge.

The governments of various countries such as India, China, the U.S., and others have initiated to promote the bamboo packaging.

The National Bamboo Mission by the Government of India was announced to curb the use of plastic and reduce carbon footprints.

 Bamboo packaging has various benefits due to its anti-bacterial packaging.

It also makes the products look more aesthetic.