Bamboo Market
Bamboo Market
Bamboo Market
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Marketing of Bamboo Products:
Investment and Expected Returns Investment of Rs. 10 - 25 Lakhs including Rs. 5 - 6 lakh working
capital is required. Machines needed are pressure treatment plant, LPG blow torch with accessories,
straightening wooden column, angle grinder or knot removing machine and portable cross cutting
machine.
Market In 2006, the furniture market of India was estimated at Rs. 35,000 crores. Considering that
with the emergence of growth factors like (i) product innovations; (ii) organized retail showrooms
(IKEA, Home Town, Home Centre etc.,); (iii) advent of e-commerce like Pepper Fry, Urban
Ladder, etc. and (iv) organized furniture rental providers such as Furlenco and Rentomojo; the
markets have transformed and grown bigger. Around 15 % of the market is in the organized sector,
catered by companies such as Godrej & Boyce Manufacturing Co. Ltd., BP Ergo, Featherlite, Zuari,
etc. To meet emerging demand in national and exports market, the entrepreneur will need to
develop knockdown or DIY versions of the products for easier storage, packaging, and
transportation. Those would require different designs, accessories, and production systems.
According to investments in business may vary.
2.4.7 Toothpick :The bamboo toothpick is preferred over wood as a raw material for the product
due to fast growth of bamboo and easy availability.
Investment and Expected Returns To set up a full-fledged semi-automatic or fully automatic
bamboo toothpick making production line, 7 basic machines are required. These can be procured
form suppliers from India, Vietnam, or China. Prasant Bamboo Machines and Anil Enterprises are
few suppliers in India. The likely capital investment for the production line shall be around 45-50
lakhs depending on the scale of production, excluding working capital for one month of around 20
lakhs. The same production line can be used for making products such as bamboo skewers and
chopsticks by adding machines needed to make them. The estimates of the investment and expected
returns are as given below:
Market Bamboo toothpick is one of the hot selling bamboo products in domestic and international
markets with a stable and increasing demand. Food points, restaurants, hotels have a regular bulk
demand for the product. To reach more bulk buyers across the nation and globe the unit may be
registered under different B2B online platform like India Mart, Go for Global, Trade India and
Exporters India. For retailing, online platforms like Flipkart, Amazon, Paytm, Nature Baskets,
Grofers can be very useful. Offline sales promotion can be done to create a regular business channel
in the local and intra-state market. Social networking sites like Facebook and Instagram may be also
used to target retail customers.
2.5Market Structure :
Market structure outlines the operation of the market. The elements of market structure include the
number and size of distribution of firms, entry conditions and the extent of differentiation. The
bamboo products are produced by a number of small and big artisans scattered in a wide area
comprising cluster of villages. Due to lack of daily/ weekly market, it may not be possible for the
individual artisan to sell his produce directly to the consumer owing to low volume of sale to
undertake direct marketing at distant markets. Moreover, the rural artisans usually do not have their
own means of transport. They had to depend primarily on the village traders and other commission
agents in the market. The bamboo artisans usually sell their produce to the market middleman like
commission agents or village traders, these are then taken to wholesalers, retailers and consumers.
2.6 Market analysis
A market analysis is a qualitative and quantitative evaluation of external market and internal
resources. The success or failure of a particular enterprise, to a great extent depends on marketing of
its finished products. Without a sound and secured market, no industry can thrive for longer. A
good market always plays a pivotal role in the economy. There is traditional demand for bamboo
and its product in domestic as well as global market. With the surge for wood alternative, demand
for bamboo products have increased manifold in recent time