Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; however, forestry services and departments in many countries where bamboo is used as a building material consider bamboo to be a forestry product, and it is specifically harvested as a tree exclusively for the wood it produces, which is in many ways superior to wood. In fact, cultures who harvest it for wood commonly refer to it as a tree.
Despite the fact that India is the world's second-largest producer of bamboo, the agarbatti sector imports 70% of its bamboo. When compared to manual sticks made in India, imported bamboo sticks are generally better in terms of dimension uniformity and quality.
Incense sticks are long, cylindrical structures with a bamboo core wrapped in fragrant ingredients that fill the air with fresh air and perfume when burned. Incense sticks are used for a variety of religious purposes, including purifying the air, filling the atmosphere with positive energy, and removing negative energy from our surrounds. In practically all religions, incense sticks are utilised in numerous ceremonies and rites in temples, churches, mosques, and monasteries, among other places.
Currently, the manufacturing of incense sticks is overseen by the Indian government's ministry of business and trade (GOI). Though the composition of incense sticks varies depending on the industry, the main ingredients are charcoal powder, sticky powders like Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, and various colour powder.
Because the demand for incense sticks is never-ending in India, it is sold through all channels of commerce and disseminated to people via retail. The retail mode has a favourable effect on sales, and the growth rate is expected to be approximately 6% CAGR in the next years. The incense sticks and Dhoop (a type of incense product) sector in India is a highly export-oriented industry that generates significant revenue for the Indian economy. India's exports of incense sticks and Dhoop are expanding year after year, helping to balance the country's trade deficit.
India is the world's largest incense stick market, both in terms of use and manufacturing. The largest presence of agarbatti goods has derived the market, which has risen at a CAGR of over 7% in the last couple of years. However, consumer acceptance of dhoop goods has risen in recent years, thanks to the items' wide selection of fragrances and long-lasting capabilities. The market for dhoop goods is predicted to increase at a CAGR of more than 9% in the future years, driving up demand for bamboo even more.
