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Abaca Fiber Market Size, Share & Trends Analysis Report by Product (Pulp & Paper, Fiber Craft, Cordage, Textile), by Region (North America, Asia Pacific, Europe, Central & South America, MEA), and Segment Forecasts, 2021-2028

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    Report

  • 133 Pages
  • August 2021
  • Region: Global
  • Grand View Research
  • ID: 5416051
Description Jump to:
The global abaca fiber market size is expected to reach USD 1.7 billion by 2028. The market is expected to expand at a CAGR of 15.1% from 2021 to 2028. Growing emphasis by governments across various countries towards the adoption of natural fibers is expected to drive market growth as a substitute for hazardous synthetic fibers and metals in various industries.

The paper and pulp industry is expected to be the dominant application segment over the forecast period. Specialty papers made of abaca fibers are lightweight and possess high tensile strength. Due to these properties, companies in the pulp and paper industry prefer abaca fibers for applications such as tea bags, large sausage casings, currency and security papers, and cigarette and filter papers.

The abaca fiber industry is expected to gain importance over the forecast period driven by the rising impetus towards the adoption of natural fibers. Superior performance and strength offered by the product are also expected to emerge as the key factors prompting the demand for abaca fiber over the forecast period.

Abaca Fiber Market Report Highlights

  • The pulp and paper product segment accounted for the largest revenue share valued at USD 347.3 million in 2020 owing to rising demand for non-wood fibers as raw materials for specialty paper applications
  • The fiber craft product segment is expected to witness a revenue-based CAGR of 11.8% over the forecast period owing to rising demand for sustainable and renewable materials for craft applications such as decorative items, gifts, floral wraps, textiles, bags, and toys
  • The cordage product segment is expected to witness a notable revenue-based CAGR of 13.3% over the forecast period on account of rapidly growing opportunities in marine and offshore cordage application scope
  • Asia Pacific dominated the market in terms of revenue and was valued at USD 270.3 million in 2020, on account of wide high product demand in the manufacture of products such as ropes, currency notes, automotive, and food packaging
  • Manufacturers operating in the market target Japan, the U.S., and European countries due to superior biodegradability offered by the product coupled with high consumer awareness towards the use of naturally synthesized fibers

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Penetration & Growth Prospect Mapping
3.2. Abaca Fiber Market - Value Chain Analysis
3.3. Regulatory Framework
3.4. Abaca Fiber - Market Dynamics
3.4.1. Market Driver Analysis
3.4.1.1. Growing usage across different application industries
3.4.1.2. Government emphasis on adoption of natural fibers
3.4.2. Market Restraint Analysis
3.4.2.1. Gap in demand & supply of abaca fibers
3.4.3. Industry challenges
3.5. Abaca Fiber - Market Dynamics
3.6. Business Environmental Tool Analysis: Abaca Fiber Market
3.6.1. Porter’s Five Forces Analysis
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat of New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Economic Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Environmental Landscape
3.6.2.6. Legal Landscape
Chapter 4. Abaca Fiber Market: Product Estimates & Trend Analysis
4.1. Abaca Fiber Market: Product Movement Analysis, 2020 & 2028
4.2. Pulp & Paper
4.2.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
4.3. Fiber Craft
4.3.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
4.4. Cordage
4.4.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
4.5. Textile
4.5.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
4.6. Others
4.6.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
Chapter 5. Abaca Fiber Market: Regional Estimates & Trend Analysis
5.1. Regional Movement Analysis & Market Share, 2020 & 2028
5.2. Abaca Fiber Market: Regional movement analysis, 2019 & 2027
5.3. North America
5.3.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.3.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.3.3. U.S.
5.3.3.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.3.3.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.3.4. Canada
5.3.4.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.3.4.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.3.5. Mexico
5.3.5.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.3.5.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.4. Europe
5.4.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.4.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.4.3. Germany
5.4.3.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.4.3.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.4.4. U.K.
5.4.4.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.4.4.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.4.5. France
5.4.5.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.4.5.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.4.6. Italy
5.4.6.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.4.6.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.4.7. Spain
5.4.7.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.4.7.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.5. Asia Pacific
5.5.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.5.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.5.3. China
5.5.3.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.5.3.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.5.4. India
5.5.4.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.5.4.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.5.5. Japan
5.5.5.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.5.5.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.5.6. Philippines
5.5.6.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.5.6.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.6. Central & South America
5.6.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.6.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
5.7. Middle East & Africa
5.7.1. Market estimates and forecasts, 2017 - 2028 (Ton) (USD Million)
5.7.2. Market estimates and forecasts, by product, 2017 - 2028 (Ton) (USD Million)
Chapter 6. Competitive Landscape
6.1. Vendor Landscape
6.2. Competitive Environment
6.3. Company Market Position Analysis
6.4. Competition Categorization
6.5. Strategic Framework
Chapter 7. Company Profiles
7.1. M.A.P. Enterprises
7.1.1. Company overview
7.1.2. Financial performance
7.1.3. Product benchmarking
7.1.4. Strategic initiatives
7.2. Yzen Handicraft Export Trading
7.2.1. Company overview
7.2.2. Financial performance
7.2.3. Product benchmarking
7.2.4. Strategic initiatives
7.3. Specialty Pulp Manufacturing, Inc. (SPMI)
7.3.1. Company overview
7.3.2. Financial performance
7.3.3. Product benchmarking
7.3.4. Strategic initiatives
7.4. Ching Bee Trading Corporation
7.4.1. Company overview
7.4.2. Financial performance
7.4.3. Product benchmarking
7.4.4. Strategic initiatives
7.5. PERAL ENTERPRISES
7.5.1. Company overview
7.5.2. Financial performance
7.5.3. Product benchmarking
7.5.4. Strategic initiatives
7.6. Sellinrail International Trading Company
7.6.1. Company overview
7.6.2. Financial performance
7.6.3. Product benchmarking
7.6.4. Strategic initiatives
7.7. DGL Global Ventures LLC
7.7.1. Company overview
7.7.2. Financial performance
7.7.3. Product benchmarking
7.7.4. Strategic initiatives
7.8. Terranova Papers
7.8.1. Company overview
7.8.2. Financial performance
7.8.3. Product benchmarking
7.8.4. Strategic initiatives
List of Tables
Table 1 Abaca fiber market estimates and forecasts, by pulp & paper, 2017 - 2028 (Tons)(USD Million)
Table 2 Abaca fiber market estimates and forecasts, by fiber craft, 2017 - 2028 (Tons) (USD Million)
Table 3 Abaca fiber market estimates and forecasts, by cordage, 2017 - 2028 (Tons) (USD Million)
Table 4 Abaca fiber market estimates and forecasts, by textile, 2017 - 2028 (Tons) (USD Million)
Table 5 Abaca fiber market estimates and forecasts, by others, 2017 - 2028 (Tons) (USD Million)
Table 6 North America abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 7 North America abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 8 North America abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 9 U.S. abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 10 U.S. abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 11 U.S. abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 12 Canada abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 13 Canada abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 14 Canada abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 15 Mexico abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 16 Mexico abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 17 Mexico abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 18 Europe abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 19 Europe abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 20 Europe abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 21 U.K. abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 22 U.K. abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 23 U.K. abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 24 Germany abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 25 Germany abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 26 Germany abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 27 France abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 28 France abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 29 France abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 30 Spain abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 31 Spain abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 32 Spain abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 33 Italy abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 34 Italy abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 35 Italy abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 36 Asia Pacific abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 37 Asia Pacific abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 38 Asia Pacific abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 39 China abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 40 China abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 41 China abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 42 India abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 43 India abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 44 India abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 45 Japan abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 46 Japan abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 47 Japan abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 48 Philippines abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 49 Philippines abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 50 Philippines abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 51 Central & South America abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 52 Central & South America abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 53 Central & South America abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 54 Middle East & Africa abaca fiber market estimates and forecasts, 2017 - 2028 (Tons) (USD Million)
Table 55 Middle East & Africa abaca fiber market volume estimates and forecasts, by product, 2017 - 2028 (Tons)
Table 56 Middle East & Africa abaca fiber market revenue estimates and forecasts, by product, 2017 - 2028 (USD Million)
List of Figures
Fig. 1 Market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Market research approaches - Bottom-Up Approach
Fig. 6 Market research approaches - Top-Down Approach
Fig. 7 Market research approaches - Combined Approach
Fig. 8 Regional Outlook
Fig. 9 Segmental Outlook
Fig. 10 Competitive Outlook
Fig. 11 Abaca fiber market - Penetration & growth prospect mapping (Tons) (USD Million)
Fig. 12 Abaca fibers market - Value chain analysis
Fig. 13 Abaca Fibers - Market dynamics
Fig. 14 Abaca fibers market - Market driver impact analysis
Fig. 15 Abaca fibers market - Market restraint impact analysis
Fig. 16 Abaca fiber market - Product movement analysis, 2020 & 2028
Fig. 17 Abaca fiber market - Regional overview, 2020 & 2028
Fig. 18 Abaca fiber market - Competition categorization
Fig. 19 Abaca fiber market - Company Market Positioning

Companies Mentioned

  • M.A.P. Enterprises
  • Yzen Handicraft Export Trading
  • Specialty Pulp Manufacturing, Inc. (SPMI)
  • Ching Bee Trading Corporation
  • PERAL ENTERPRISES
  • Sellinrail International Trading Company
  • DGL Global Ventures LLC
  • Terranova Papers

Methodology

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