Reports
Reports
Sale
The global abaca fibre market was around USD 279.86 million in 2023. The market is estimated to grow at a CAGR of 3.74% during 2024-2032 to reach a value of USD 387.70 million by 2032.
Abaca fibres are considered one of the strongest natural fibres. It is being majorly used in the paper and pulp sectors, ropes and cordages, among others.
The Philippines is the primary producer of abaca fibre, also known as Manila fibre. In 2019, according to the Philippine Statistics Authority (PSA), the Bicol region in the Philippines was the top producer of abaca. It accounted for 28.94 KMT or 40.1% of the total abaca production in the country. The other major producing regions include Eastern Visayas and Davao.
The increasing global demand for green and sustainable products is driven by heightened environmental consciousness, rapid climate change, and growing global waste issues. This further increases the need for natural fibres such as abaca fibres.
Abaca Fibre Market Regional Analysis
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Abaca Fibre Market Analysis
8.1 Key Industry Highlights
8.2 Global Abaca Fibre Historical Market (2018-2023)
8.3 Global Abaca Fibre Market Forecast (2024-2032)
8.4 Global Abaca Fibre Market by Application
8.4.1 Paper and Pulp
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Cordage and Ropes
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Handicrafts and Fibre Craft
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Yarns
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Abaca Fibre Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 LAMEA
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
9 North America Abaca Fibre Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Abaca Fibre Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Asia Pacific Abaca Fibre Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Philippines
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Latin America Abaca Fibre Market Analysis
12.1 United Arab Emirates
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Ecuador
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Ahlstrom-Munksjö
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Simor Abaca Products
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Glatfelter Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Naturi Alam Semesta
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Wigglesworth & Co. Limited.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Specialty Pulp Manufacturing, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Abaca Fibre Market: Key Industry Highlights, 2018 and 2032
2. Global Abaca Fibre Historical Market: Breakup by Applications (USD Billion), 2018-2023
3. Global Abaca Fibre Market Forecast: Breakup by Applications (USD Billion), 2024-2032
4. Global Abaca Fibre Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Abaca Fibre Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. North America Abaca Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
7. North America Abaca Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
8. Europe Abaca Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Europe Abaca Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Asia Pacific Abaca Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Asia Pacific Abaca Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Latin America Abaca Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Latin America Abaca Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Middle East and Africa Abaca Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Middle East and Africa Abaca Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Global Abaca Fibre Market Structure
The market attained a value of USD 279.86 million in 2023.
The market is estimated to grow at a CAGR of 3.74% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 387.70 million by 2032.
The market is being driven by the surging demand for strong, long-lasting materials, and the extensive use of abaca fibre in the paper and pulp industry.
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., and Specialty Pulp Manufacturing, Inc., among others.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.