BIO-BASED ECONOMY

Fibers from banana waste for handmade product

Fibers from banana waste for handmade product

Market

Final Products Artistic paper products (fibers for handmade products)
(e.g., business cards, greeting cards, note pads)
Required Inputs Banana waste
Competing Products

Low competition
Industrially produced paper products

Potential for Export High

Process

Complexity – Type of Process Simple – mechanical process
Technology Manual pulping, pressing, and shredding 
Equipment and Material Pulping and pressing units, tools for producing products
Human Resources Manual labor and designers

Business Linkage

Forward Linkage Exhibitors and stationery stores
Local/Regional/Nationwide Local Market- Nationwide
Backward Linkage Waste contractors and farmers
Supporting Entities Waste contractors, equipment, and packaging material suppliers
Competitive Edge
Unique paper texture and other advantageous characteristics (e.g., strength)

Economic Features

Revenue Stream Sale of artistic paper products
CAPEX Less than 500K

Note: This CAPEX represents the indicative investment size, however, this investment opportunity can start from a micro-scale investment and grow in implementation to larger-sized investments.
Investment Size Micro (less than 500K EGP)

Considerations

Key Challenge The informal sector may control the price of feedstock, seasonality of banana waste, supply access and quality, and cash flow management
Advantages High value-added use of banana waste
Potential Pathways to Growth Production, sales and/or distribution of other products (e.g., fabrics, composite boards, veneer, wrapping paper and other packaging) or sold as feedstock to the industry, if large quantities with appropriate specifications could be sourced

General Impact

Environmental Eco-friendly use of agricultural waste
Social Increases return on agricultural waste activities and create job opportunities for unskilled labor and women

Impact on Sub-market(s), Cluster(s) and Value Chain(s)

Relevant sub-market Handmade accessories
Lies within the following
value chain/cluster(s)
Agricultural waste
Impact Enhances value-addition of agricultural waste utilization
* Source of the information: The above figures were updated by Chemonics Egypt for UNIDO in 2023

Studies

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