Project Report For Bamboo Plantation
Project report for Bamboo Plantation is as follows.
The bamboo industry is expanding at a rapid pace. Other than that, there is very little stockpile of bamboo raw material available. As a result, the establishment of a bamboo plantation forest is essential. Bamboo plantation forests in Bali’s community forests are being investigated for their viability through this research. MA&D, a method intended to assess the viability of NTFP-based firms, was used to analyze the data for this research project.
As per the study, demand for bamboo has increased to 34.8 million stems per year, but only 11 million stems can be produced each year; financial assessment shows that bamboo plantation is viable for the long term, and environmental bamboo has good potential regeneration, can improve the physical structure of the soil, as well as being a catch for pests and diseases. A bamboo plantation forest in a community forest in Bali is possible, but some minor issues must be addressed.
Market potential & Strategy
As of 2019, the worldwide bamboo stick market was valued at USD 72,102.4 million and is predicted to reach over USD 98,757.9 million by 2026, rising at a CAGR of roughly 5.5 percent from 2020 to 2026.
In terms of economics, environmental protection, and social equity, bamboos are a win-win situation. Bamboo is a renewable natural resource that thrives best in tropical climates, although it can grow in other climates. As opposed to trees, it contains around 35 percent more oxygen and consumes approximately 40 percent more carbon dioxide. The growth of the bamboo market is expected to be aided by an increase in infrastructure investment and an increase in consumer awareness of the many advantages of using bamboo.
The rise in demand for bamboo fiber and investment in apparel and furnishings are two main factors. Antifungal and antibacterial properties, along with bamboo fiber’s thinness and rounded and smooth surface, make it increasingly sought after in the textile industry.
High processing costs and strict chemical processing regulations limit the market for bamboo fiber. Due to resource depletion and the downturn in global economic growth, the bamboos industry faces several significant problems.
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