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Report Overview
The global abaca fiber market was valued at USD 290.33 Million in 2025. The industry is expected to grow at a CAGR of 3.74% during the forecast period of 2026-2035 to reach a value of USD 419.14 Million by 2035. Rising consumer awareness of sustainability and demand for eco-friendly materials is driving innovation in the market.
Companies are increasingly exploring natural, biodegradable solutions that offer both performance and environmental benefits. In line with this trend, Abafil srl, part of the Abati Group, launched Kartana®, a 100% natural, circular abaca fiber that can be processed into yarn, fabric, and packaging. The product is highly durable, UV-resistant, and naturally bacteriostatic, while the company has complemented the launch with a 500-kW photovoltaic system at its Medolago plant, covering 90% of energy needs and cutting CO₂ emissions by 260 tonnes annually.
These innovations exemplify how market players are integrating sustainable production, energy efficiency, and traceable supply chains to meet growing eco-conscious demand. Such efforts not only strengthen brand positioning but also expand the abaca fiber market scope for high-quality, regenerative abaca-based materials worldwide.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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Known for its durability, abaca fabric is not only breathable but also exhibits a mottled appearance and a lustrous surface, adding to its appeal in various applications.
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The growing concern regarding sustainability is increasing the cultivation of abaca due to its abundance in nature and environmental benefits including soil water retention capabilities.
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Investments in research and development, infrastructure, and technology are enhancing the competitiveness of the abaca fibre market.
Competitive Landscape
In order to improve fiber yield and consistency, prominent abaca fiber market players are progressively adopting sustainable cultivation practices, mechanized processing, and quality control. They collaborate strategically with government bodies and industry partners to scale up their operations, enhance the efficiency of the supply chain, and ensure compliance with international standards, thus enabling a greater use of abaca fibers in textiles, specialty papers, and composite materials.
To begin with, product innovation is a major factor fueling the abaca fiber industry revenue. Abaca fiber companies are creating biodegradable fabrics, lightweight composites, and ultra-strong fibers solutions for sectors such as industrial, fashion, and security. By implementing state-of-the-art extraction technologies and environmentally friendly processing techniques, market entrants are not only able to satisfy the changing consumer preferences for eco-friendly products, but also reinforce their market position, broaden their product offerings, and gain access to premium markets globally.
Key Players
Ahlstrom-Munksjö
The company Ahlstrom-Munksjö has been a pioneer in the production of fiber-based material over the years. It has been in operation since 1851 and is headquartered in Helsinki, Finland. The company's product portfolio covers the needs of diverse industries and includes materials that satisfy high aesthetic and environmental criteria. Ahlstrom-Munksjö is a technology company that supplies unique fiber-based products and solutions to its customers that are in the filtration, medical, and specialty paper industries.
Simor Abaca Products
Simor Abaca Products is a company that was established in 1998 in Davao City, Philippines. It is a company that takes pride in developing the most excellent abaca fibers for paper, textile, and composite areas of use. Their focus is the implementation of sustainable measures in their cultivation while introducing new techniques in their processing to satisfy the demand of the global abaca fiber market.
Glatfelter Corporation
Glatfelter Corporation is a major player in the market for engineered materials. They are pioneers of specialty papers and natural fiber-based solutions. The company was founded in 1864, and their headquarters are in York, Pennsylvania, USA. The company is aware of the importance of technology; thus, it combines the latest technological developments with the traditional skills of the fiber industry to generate the products for the industrial and consumer markets.
Naturi Alam Semesta
Naturi Alam Semesta is a company that was founded in 2005. It is a company that is based in Jakarta, Indonesia, and it focuses its attention mainly on the production and export of natural fibers, such as abaca, for textile and other specialty products. The company has taken sustainability as one of its core business values by optimally utilizing the local resources to be able to provide top-notch fiber solutions to the world market.
Other players in the market include Wigglesworth & Co. Limited, Specialty Pulp Manufacturing, Inc., and other companies.
Abaca Fiber Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the abaca fiber market reached an approximate value of USD 290.33 Million.
The market is projected to grow at a CAGR of 3.74% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of USD 419.14 Million by 2035.
Key strategies driving the market include product innovation with sustainable and biodegradable fibres, mechanisation and quality improvement in fiber processing, expansion into higher-value applications such as textiles and composites, strategic partnerships and collaborations, and investment in energy-efficient and traceable supply chains.
The key market trends include the rising use of natural fibres and sustainable products, and the increasing research activities to develop superior abaca fibre.
The major regions in the market are North America, LAMEA, Europe, and the Asia Pacific.
The major applications include paper and pulp, cordage and ropes, handicrafts and fibre craft, and yarns, among others.
The key players in the market include Ahlstrom-Munksjö, Simor Abaca Products, Glatfelter Corporation, Naturi Alam Semesta, Wigglesworth & Co. Limited, Specialty Pulp Manufacturing, Inc., and other companies.
The Asia Pacific region holds the largest share of the global abaca fiber market, driven by abundant cultivation in the Philippines and Indonesia, investment in mechanized processing, and strong export-orientated supply chains.
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