%0 Journal Article
%T Harnessing the Market Potential of the Bamboo Industry in Central Luzon, Philippines: An Analysis of the Internal and External Environment
%A Edgelly Galvez Vitug
%A Sarah Calma Alvarez
%J Open Journal of Ecology
%P 395-418
%@ 2162-1993
%D 2024
%I Scientific Research Publishing
%R 10.4236/oje.2024.145024
%X The bamboo industry in Central Luzon holds significant promise for economic development and environmental sustainability. This study aims to analyze the internal and external factors influencing the bamboo industry in the region through SWOT and PESTLE analyses. Based on a focus group discussion involving key industry players, the study explores the industry’s strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, legal, and environmental factors. Findings reveal the importance of comprehensive strategies that address political stability, economic growth, consumer awareness, technological advancement, legal compliance, and environmental sustainability. Recommendations include capacity-building for production and marketing, the establishment of bamboo treatment facilities, and advocacy for supportive policies. By addressing these factors, the bamboo industry in Central Luzon can realize its potential for socio-economic development and environmental stewardship.
%K Bamboo
%K SWOT Analysis
%K PESTLE Analysis
%K Business Environment
%K Value Addition
%K Sustainability
%K Market Potential
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=133045