Bamboo is the highly renewable resources

With more than 1,600 recorded uses  of Bamboo and its products, There is massive demand in various industries but lack of raw material. The ability to ensure a consistent supply chain, and growing environmental consciousness  for greener materials are all factors that BAFOW (Bamboo for World) believes will help it and bamboo to become a force in the coming years.

The global bamboos market size was valued at USD 53.28 billion in 2020 and is expected grow to USD 90+ billion by 2032. Growing investments focused on infrastructure development, increasing use of sustainable building/ construction resources, and rising consumer awareness regarding the uses and benefits of bamboos are expected to drive the market over the forecast period.

Bamboos are increasingly becoming a preferred choice over timber They are water-resistant and offer high durability with tensile strength equivalent to steel and properties equivalent to teak wood and lot more. Therefore, a vast range of commercial applications is anticipated to boost the sales of bamboos products and subsequently fuel the market growth over the forecast period.

India is though a second largest grower of Bamboo but still lags behind in industrialising the produce because due lack of supply chain for various reasons, lack of technical know how about species and utilisation.

Bamboo is one of the highly renewable resources in the Indian Socio-economic-cultural-ecological-climatic-functional context with numerous uses. Besides its role as a material for consumer products, it also has great potential as an industrial raw material. Various industrial applications of bamboos include food production, wood substitute, pulp and paper, handicrafts, medicinal products, textiles, pampers, cottage industries, and charcoal production.

BAFOW is focusing on the world's increasing environmental consciousness by growing bamboo which is increasingly considered the green material of choice for construction purposes. BAFOW plans to create its own industries and collaborations to grow bamboo and continue to create an uninterrupted supply chain for industries which is the biggest challenge currently in India.