Reports
Sale
Global Abaca Fibre Market Size, Share, Trends, Forecast: By Application: Paper and Pulp, Cordage and Ropes, Handicrafts and Fibre Craft, Yarns, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Price Analysis; Competitive Landscape; 2024-2032
Global Abaca Fibre Market Outlook
The global abaca fibre market size 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.
Key Takeaways
- 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.
- 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.
- Investments in research and development, infrastructure, and technology are enhancing the competitiveness of the abaca fibre market.
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.
Figure: Global Abaca Fibre Production Share (Volume) by Country, 2021, Percentage
Key Trends and Developments
Rising sustainability concerns; favourable government initiatives; adoption of abaca fibre as an alternative material; and the presence of technologies for fibre production are positively impacting the abaca fibre market growth
| Date | Organisation | Event |
| Dec 2023 | Government establishment | In Davao City, the local government, through the collaborative efforts of the Peace 911 program and the City Agriculturist Office (CAgrO), launched a substantial project to enhance the cultivation of high-quality abaca fibres in the Paquibato District. |
| Nov 2023 | Bananatex | The company announced the development of biodegradable lightweight jersey fabric made by extracting fibres from the Abacá plant stalk. |
| Sep 2023 | Glatfelter Corporation | Glatfelter Corporation, a leading provider of engineered materials (NYSE: GLT), forged a collaboration with Ekman & Co. |
| Aug 2022 | Government establishment | Coastal farmers' abaca production and marketing receive a boost through a memorandum of agreement (MOA) involving the Department of Agrarian Reform (DAR), partner agencies, and the local government unit (LGU). |
| Trends | Impact |
| Alternative material for retrofitting of unreinforced masonry | Abaca fibre stands out for its resistance to rot, high tensile strength, and specific flexural strength comparable to glass fibre presenting an opportunity to be introduced as an alternative material for retrofitting of unreinforced masonry (URM) houses. |
| Government support for abaca cultivation | Organisations such as PhilFIDA are encouraging partnerships with governing bodies in abaca-cultivating regions, improving the production efficiency and marketing of abaca. |
| Increasing sustainability concerns | Abaca fibres are 100% biodegradable and are considered organic, due to the absence of toxic elements such as chemicals and pesticides. |
| Rising use in pulp and paper sector | The long staple length, strength, and cellulose content of abaca fibres support its use in the production of specialist papers including tea and coffee bags, among others. |
Abaca Fibre Market Trends
The cultivation and harvesting of abaca fibre require relatively low chemical processing, making it a renewable resource with negligible environmental impact.
The availability of technologies and facilities supporting fibre production, extraction, post-harvest, and fibre utilisation benefits the market growth. The technologies involving development of diagnostic laboratories, planting materials, among others, lead to an increase in the production of and improved supply of raw materials for abaca fibre, addressing the increasing global demand.
Various government agencies, state universities, and research institutions, including PhilFIDA, actively engage in abaca research and development, spanning planting materials production and distribution. PhilFIDA operates multiple laboratories and experiment stations, strategically establishing 17 hectares of abaca mother block nurseries across producing regions to expedite planting material production and serve as seed sources, reinforcing their commitment to advancing abaca R&D at various levels.
Market Segmentation
“Global Abaca Fibre Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Application | Paper and Pulp, Cordage and Ropes, Handicrafts and Fibre Craft, Yarns, Others |
| Region | North America, LAMEA, Europe, Asia Pacific |
Based on application, paper and pulp accounts for the majority of abaca fibre market share
Abaca fibre has the presence of about 68% cellulose, 19% hemicellulose, and 12-13% lignin. Hence, it is being used as an alternative material for the production of pulp. It is most widely used in the production of speciality papers such as tea bags, coffee filter paper, sausage skins, and currency papers. Abaca fibre enables the manufacture of thin, strong, and recycled paper, which is driving its adoption in the pulp and paper sector.
Abaca fibres are also used in the production of well-drilling cables in addition to the production of cordage for naval and marine vessels. The durability, mechanical strength, flexibility, and length of abaca fibre make it fit for various industrial and non-industrial uses.
The growing concerns regarding environmental sustainability are leading to the adoption of environment-friendly materials for clothing. Abaca yarns are renewable making them a perfect choice in the transition towards more sustainable materials.
Competitive Landscape
The growing concerns regarding sustainability and subsequent demand for organic products are encouraging manufacturers to expand their offerings, further increasing their market share
| Company | Company Type | Headquarters | Services |
| Ahlstrom-Munksjö | Private | Finland | The company specialises in transforming fibres into high-performance materials and offers a diverse range of products for everyday applications, like tea bags, food packaging and baking papers, etc. |
| Simor Abaca Products | Private | Philippines | The company offers wallcoverings, sunshades, rugs, and tapestries mostly made of abaca. |
| Glatfelter Corporation | Public | United States | Glatfelter processes long fibres, such as abaca, sourced from its own pulp mill in the Philippines. |
| Naturi Alam Semesta | Private | Indonesia | The company provides abaca fibre, essential oil, moringa, charcoal, perfume, and others. |
Other notable players operating in the abaca fibre market include Wigglesworth & Co. Limited., and Specialty Pulp Manufacturing, Inc., among others. The manufacturers are upgrading their product portfolios and incorporating the latest capabilities to innovate their offerings and meet the evolving demands of consumers.
Abaca Fibre Market Analysis by Region
The Philippines is the major producer of abaca fibre on a global scale. The abaca plant is cultivated on about 130,000 ha by 90,000 small farmers across the country. The major goods exported from Philippines include abaca pulp, yarns, cordage, fibre crafts, and raw fibre.
The UK is witnessing the trend of sustainable fashion. About 72% of the UK fashion customers are on the lookout for clothes that are sustainable. France is a regular buyer of abaca fabrics from the Philippines. Annually, the imports of Abaca fabrics from the Philippines correspond to about 1,310 MT.
Ecuador and Costa Rica are prominent abaca fibre producers in the Latin America and Middle East region. The abaca fibre sector in Ecuador is majorly characterised by the presence of large estates and smallholder co-operative cultivators.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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
Key Questions Answered in the Report
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.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
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.
NEWSLETTER