What's Driving Emerald Knight Bamboo Investments? Try FlooringDemand for bamboo is growing. Global demand reached $11 billion in 2008; and is set to increase to around $15 to $20 billion by 2018. Demand is readily met, thanks to the rapid growth and early maturity of the plant. Whereas hardwoods take decades to be suitable for flooring and other applications, bamboo can be ready in just four to five years.
To understand the benefits of an Emerald Knight bamboo investment, it's important to take a look at the wood's many uses. One function stands out above the rest: flooring.
Global real estate is on the rise for the first time since the recession. While the United States remains a huge market for new homes, most eyes are on the Asia-Pacific where growing economies are being eyed by investors. With the rise in real estate also comes the rise in demand for construction materials such as hard surface flooring.
In the U.S. alone, demand for this flooring is set to increase to more than nine billion square feet by 2015. Increased spending in construction has fueled the economies of many countries around the world amid the recent decline of several major economic powers. However, the prospect of sustaining a steady supply of wood is challenging the growing economies.
Signs of diminishing supply of wood can be found in unlikely places such as in guitars. Recently, guitar makers have expressed concern over deforestation's effect on the production of quality instruments. They estimate that they won't have any wood to work on within the next decade. As far as guitars go, there is a marked difference in quality when the instrument is made out of real wood.
A great many people realize that humanity needs to act now before the Earth goes completely bald. Sustainable materials such as bamboo may soon take much of the burden away from the world's timber forests.
Already, bamboo is gaining attention as a substitute to conventional wood flooring. Bamboo's fast growth rate enables plantations to help sustain supply for many years to come; prompting more businessmen to venture into lucrative Emerald Knight bamboo investments. Such investments have modest overhead as it doesn't take as much effort and equipment to harvest bamboo. Solid-bamboo flooring is pegged at around $2 to $4 per square foot.
It won't take long before the world bristles with bamboo forests. The market may not be big today, at least not yet.