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Agro-economic research market analysis of bamboo products in Assam

By: Gogoi, Moromi.
Material type: materialTypeLabelBookPublisher: Agriculture Situation In India Description: 77(9), Dec, 2020: p.24-29.Subject(s): Bamboo, Forestry species, Value chain system, Assam In: Agriculture Situation In IndiaSummary: Bamboo is one of the most important forestry species with wide distribution throughout the country. It makes significant contribution to the rural economy in many of the states of the country. It has been an important source of income for millions of rural people for sustaining their livelihood. This miracle grass has been a major source of livelihood for the poor people for centuries, for which bamboo was always referred to as a poor man’s timber. But, gradually it is becoming the rich man’s timber as well, and the global bamboo market value has touched $68.80 billion in 2018 and is expected to grow at a CAGR of 5.0% from 2019 to 2025 (Bamboos Market Size & Share, Global Industry Report, 2019- 25). There exist ample opportunities to exploit the market potential by increasing its production and ensuring establishment of proper value chain system. Assam with 2.23 million hectares of bamboo plantations in North East India, can certainly open up new vistas for the country. – Reproduced
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Articles Articles Indian Institute of Public Administration
77(9), Dec, 2020: p.24-29 Available AR125339

Bamboo is one of the most important forestry species with wide distribution throughout the country. It makes significant contribution to the rural economy in many of the states of the country. It has been an important source of income for millions of rural people for sustaining their livelihood. This miracle grass has been a major source of livelihood for the poor people for centuries, for which bamboo was always referred to as a poor man’s timber. But, gradually it is becoming the rich man’s timber as well, and the global bamboo market value has touched $68.80 billion in 2018 and is expected to grow at a CAGR of 5.0% from 2019 to 2025 (Bamboos Market Size & Share, Global Industry Report, 2019- 25). There exist ample opportunities to exploit the market potential by increasing its production and ensuring establishment of proper value chain system. Assam with 2.23 million hectares of bamboo plantations in North East India, can certainly open up new vistas for the country. – Reproduced

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