India Bamboos Market Outlook

the indian bamboo market has seen substantial growth over the past few years. according to the department of commerce, india's total export value of bamboos has increased from around inr 26.8 billion in 2016-2017 to inr 35.5 billion in 2017-2018. with the demand for eco-friendly and sustainable products on the rise, the bamboo industry is expected to show robust growth in the upcoming years. the government of india has started several initiatives which are expected to spur the industry’s progress. these include reducing import duties for certain items, introducing special incentives for agro-processing and rural industries, along with raising public awareness regarding the multiple benefits of bamboo. besides, the growing bamboo-based businesses are likely to introduce more innovative products in the market, such as eco-friendly houses, bamboo paper, bamboo furniture, and biodegradable packaging materials. additionally, investments in research and development are expected to enhance the quality of existing products as well as pave the way for new ones. moreover, the introduction of value-added products and bamboo-specific certifications, such as the forest stewardship council certification, could further boost the bamboo market in india over the next decade. this could attract more investors in the sector, thus contributing to the industry's growth. the upcoming years are expected to be exciting for the bamboo industry in india. with government support, investments, innovations, and improved standards, it is likely to experience substantial growth in the coming years. this should ensure a stable market outlook for the sector over the next decade.