The World Bamboo Market

The world bamboo market is currently worth USD 7 Billion/year, of which China has USD 5.5 Billion. The largest markets are handicraft (USD 3 Billion), bamboo shoots (USD 1.5 Billion) and traditional furniture (USD 1.1 Billion). Traditional markets cover handicrafts, blinds, bamboo shoots, chopsticks and traditional bamboo furniture, which count for 95% of the market. Emerging bamboo markets are wood substitutes such as flooring, panels and non-traditional furniture. The growth of the global market is expected to grow to USD 15-20 Billion/year in 2017. Non-traditional markets are expected to claim 45% of the total bamboo market. 

Read the full article at: http://www.greenflip.in/blog/the-world-bamboo-market/

Social Innovation & Enterprise

All innovation involves the application of new ideas – or the reapplication of old ideas in new ways – to devise better solutions to our needs. Innovation is invariably a cumulative, collaborative activity in which ideas are shared, tested, refined, developed and applied. Social innovation applies this thinking to social issues: education and health, issues of inequality and inclusion, and environment.

Read the full article at: http://www.stratessence.com/blog/social-innovation-enterprise/