Bamboo for sustainable economic development

Bamboo is an important means for generating income and improving the nutritional status of over 2 billion poor and disadvantaged people. It also provides the resource base for expanding Small and Medium Enterprise sector, providing employment and income generating opportunities to alleviate poverty. As such it constitutes an excellent entry point for local poverty alleviation initiatives. Read the full post HERE

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/