Innovation in textile has brought alternative plant based fibers such as bamboo into the spotlight and as a replacement to petrochemical based synthetic fibers. Bamboo as a raw material is a remarkably sustainable and versatile resource but the manufacturing process is where the debate really gets heated and the sustainability and green image of bamboo is tarnished. Products made from bamboo are often labeled as ‘eco-friendly’, ‘bio-degradable’ and ‘anti-microbial’ irrespective of their method of manufacturing. The claims may not always portray the products authenticity and true environmental impact. By far, viscose process is predominantly used to create fibers from bamboo but the properties of natural bamboo fibers in such bamboo viscose products have been lost. However, bamboo textiles are not yet achieved their full potential and cleaner production processes are appearing. With abundant sources of raw material, relatively low cost; and unique performance of bamboo fiber it is only a matter of time to develop green and pure bamboo textiles. This paper analyses the prospects of bamboo fibers providing a view on bamboo as a plant and processed fiber, facts regarding the antimicrobial properties of bamboo fibers, its chemical properties, morphology, anatomy, historical overview, patents and modern bamboo textile industry.