Bamboo Raw Materials

Description

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NTRODUCTION: The market for bamboo and bamboo products is growing and over the past years has been spearheaded by a rapid increase in bamboo production and/or trade coming out of China and other parts of Asia, Africa, Eastern Europe, Middle East and Latin America. Evidence exists that under the right conditions bamboo can be a leading sector for rural industrialization and large-scale poverty reduction. Technical innovations in processing, particularly standardization and product innovation have enabled bamboo products to compete in mainstream wood-product markets such as laminated flooring, composite boards and paper and pulp. Other promising bamboo products do not compete in the timber products markets, such as bamboo shoots and bamboo handicrafts, and these sub-sectors are subject to unique factors affecting growth. It is estimated that the current value of global trade in bamboo products is worth 7bn USD, and is expected to rise at *7bn USD by ***7 assuming mid-level growth.

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