This paper provides an overview of bamboo as a versatile and sustainable material. This work reviews research done into the study of structural, mechanical, and physical characteristics of bamboo composites, along with various methods used for producing them. A review of the existing applications in the furniture, automotive, and construction industries is presented. The review highlights ongoing research, development, and innovation projects aimed at realizing the full potential of bamboo as a green reinforcing material. The gaps in the existing research are identified, which helps the paper serve as a valuable resource for researchers, industry professionals, and policymakers working in the domain of bamboo and its composite materials. The literature review indicated a lack of standardized mechanical properties  and need for industry standards. An absence of structural design codes for bamboo composites has been observed Limited long-term durability studies have found. Need for further research in the area of multi-material composites and optimization of processing techniques is required. Life cycle assessment of bamboo composite products is needed.