Abaca Fiber Market – Global Industry Analysis and Forecast (2023-2029)

Abaca Fiber Market is expected to reach US$ 1504 Mn. by 2029, at a CAGR of 15.2% during the forecast period. Abaca Fiber is a Musasea family plant native to Asia and planted in humid areas including in the Philippines and East of Indonesia. Common properties, such as hard fiber empower them to be utilized by the paper industry for assembling tea sacks, brightening paper, and banknotes. The report covers the manufacturer's data, including shipment, price, revenue, gross profit, interview record, business distribution, etc., these data help the consumer know about the competitors better. The report also covers all the regions and respective countries all over the globe, which shows a regional development status, including market size, volume, and value, as well as price data. Also, the report covers segment data, including type segment, end-use segment, etc. cover different segment market sizes, both volume and value. The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Abaca Fiber MarketTo know about the Research Methodology :- Request Free Sample Report

Abaca Fiber Market Dynamics:

Abaca fiber market depends on to witness remarkable development inferable from persistent advancement in Philippine fiber create the industry. Abaca fiber is widely used to produce ropes, woven fabrics, tea bags, etc. Growing interest for these items from the paper fabricating industry is relied upon to enlarge the market development over the estimated period. Also, the abaca fiber market has observed significant growth thanks to factors, like rising demand for natural fiber in the automotive industry and increasing automobile sales in emerging countries like China, India, and Indonesia. Likewise, increasing demand for cordage in the production of ropes used in ships and other industrial applications is expected to fuel the abaca fiber market demand during the forecast period. Rising government initiatives to surge production levels of high-quality abaca fiber for domestic consumption and export all over the globe, and growing R&D activities to improve the physical properties of abaca fibers would deliver profitable opportunities for the market during the forecast period. On the other hand, abaca fibers don’t mix constantly with polymer composites due to their natural properties is the main factor that might hinder the growth of the market. Also, the abaca plant is harmful to many pathogens, thus the supply of abaca fibers varies may hamper the market growth. By end-use, the Paper & Pulp segment held the largest market share of 15.2% of the global market in 2022. The paper & pulp industry was the largest end-use industry for abaca fiber followed by the cordage and fiber craft industry. Increasing the use of abaca fiber in the manufacturing of specialty paper is expected to be one of the main factors to drive demand for abaca fibers in the paper & pulp industry. Rising demand for cordage in industrial applications including the production of ropes for ships is expected to boost its demand over the current future.

Abaca Fiber Market Regional Analysis:

The global abaca fiber market is segmented into five regions namely North America, Asia Pacific, Europe, Middle East, and Africa, and South America. The Asia Pacific held the largest market share of 15.2% of the global market for abaca fiber in terms of production and consumption in 2022. This mainly because the Philippines is the world's largest abaca producer expected to hold the largest market share in the Asia Pacific market by 2029. Because a considerable portion of produced abaca fiber in the Philippines is inside consuming while a major portion is exported to many countries including U.S., Japan, and other European countries. The government of the Philippines is taking initiatives to increase production levels of high-quality abaca fiber for domestic consumption and export. This is expected to supplementary strengthen it's market positioning and open market opportunities for new players throughout the forecast period. The objective of the report is to present a comprehensive analysis of the Global Abaca Fiber Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Abaca Fiber Market dynamics, structure by analyzing the market segments and project the Global Abaca Fiber Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Abaca Fiber Market make the report investor’s guide.

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Global Abaca Fiber Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 558.57 Mn.
Forecast Period 2023 to 2029 CAGR: 15.2% Market Size in 2029: US $ 1504 Mn.
Segments Covered: by Type Fine Abaca Fiber Rough Abaca Fiber
by End-use Paper & Pulp Fiber Craft Cordage

Abaca Fiber Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Abaca Fiber Market Key players are:

1.Tag Fibers, Inc. 2.Ching Bee Trading Corporation 3.MAP Enterprises 4.Selinrail International Trading 5.The Fiber World 6.Italfil Expo Bags Company Limited 7.Yzen Handicraft Export Trading 8.Peral Enterprises 9.Others Frequently Asked Questions: 1. Which region has the largest share in Global Abaca Fiber Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Abaca Fiber Market? Ans: The Global Abaca Fiber Market is growing at a CAGR of 15.2% during forecasting period 2023-2029. 3. What is scope of the Global Abaca Fiber market report? Ans: Global Abaca Fiber Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Abaca Fiber market? Ans: The important key players in the Global Abaca Fiber Market are – Tag Fibers, Inc., Ching Bee Trading Corporation, MAP Enterprises, Selinrail International Trading, The Fiber World, Italfil Expo Bags Company Limited, Yzen Handicraft Export Trading, Peral Enterprises, and Others 5. What is the study period of this market? Ans: The Global Abaca Fiber Market is studied from 2022 to 2029.
Global Abaca Fiber Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Abaca Fiber Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Abaca Fiber Market Analysis and Forecast 6.1. Abaca Fiber Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Abaca Fiber Market Analysis and Forecast, By End-use 7.1. Introduction and Definition 7.2. Key Findings 7.3. Abaca Fiber Market Value Share Analysis, By End-use 7.4. Abaca Fiber Market Size (US$ Mn) Forecast, By End-use 7.5. Abaca Fiber Market Analysis, By End-use 7.6. Abaca Fiber Market Attractiveness Analysis, By End-use 8. Global Abaca Fiber Market Analysis and Forecast, By Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Abaca Fiber Market Value Share Analysis, By Type 8.4. Abaca Fiber Market Size (US$ Mn) Forecast, By Type 8.5. Abaca Fiber Market Analysis, By Type 8.6. Abaca Fiber Market Attractiveness Analysis, By Type 9. Global Abaca Fiber Market Analysis, by Region 9.1. Abaca Fiber Market Value Share Analysis, by Region 9.2. Abaca Fiber Market Size (US$ Mn) Forecast, by Region 9.3. Abaca Fiber Market Attractiveness Analysis, by Region 10. North America Abaca Fiber Market Analysis 10.1. Key Findings 10.2. North America Abaca Fiber Market Overview 10.3. North America Abaca Fiber Market Value Share Analysis, By End-use 10.4. North America Abaca Fiber Market Forecast, By End-use 10.4.1. Paper & Pulp 10.4.2. Fiber Craft 10.4.3. Cordage 10.5. North America Abaca Fiber Market Value Share Analysis, By Type 10.6. North America Abaca Fiber Market Forecast, By Type 10.6.1. Fine Abaca Fiber 10.6.2. Rough Abaca Fiber 10.7. North America Abaca Fiber Market Value Share Analysis, by Country 10.8. North America Abaca Fiber Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.8.3. Mexico 10.9. North America Abaca Fiber Market Analysis, by Country 10.10. U.S. Abaca Fiber Market Forecast, By End-use 10.10.1. Paper & Pulp 10.10.2. Fiber Craft 10.10.3. Cordage 10.11. U.S. Abaca Fiber Market Forecast, By Type 10.11.1. Fine Abaca Fiber 10.11.2. Rough Abaca Fiber 10.12. Canada Abaca Fiber Market Forecast, By End-use 10.12.1. Paper & Pulp 10.12.2. Fiber Craft 10.12.3. Cordage 10.13. Canada Abaca Fiber Market Forecast, By Type 10.13.1. Fine Abaca Fiber 10.13.2. Rough Abaca Fiber 10.14. Mexico Abaca Fiber Market Forecast, By End-use 10.14.1. Paper & Pulp 10.14.2. Fiber Craft 10.14.3. Cordage 10.15. Mexico Abaca Fiber Market Forecast, By Type 10.15.1. Fine Abaca Fiber 10.15.2. Rough Abaca Fiber 10.16. North America Abaca Fiber Market Attractiveness Analysis 10.16.1. By End-use 10.16.2. By Type 10.17. PEST Analysis 10.18. Key Trends 10.19. Key Developments 11. Europe Abaca Fiber Market Analysis 11.1. Key Findings 11.2. Europe Abaca Fiber Market Overview 11.3. Europe Abaca Fiber Market Value Share Analysis, By End-use 11.4. Europe Abaca Fiber Market Forecast, By End-use 11.4.1. Paper & Pulp 11.4.2. Fiber Craft 11.4.3. Cordage 11.5. Europe Abaca Fiber Market Value Share Analysis, By Type 11.6. Europe Abaca Fiber Market Forecast, By Type 11.6.1. Fine Abaca Fiber 11.6.2. Rough Abaca Fiber 11.7. Europe Abaca Fiber Market Value Share Analysis, by Country 11.8. Europe Abaca Fiber Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Sweden 11.8.7. CIS Countries 11.8.8. Rest of Europe 11.9. Europe Abaca Fiber Market Analysis, by Country 11.10. Germany Abaca Fiber Market Forecast, By End-use 11.10.1. Paper & Pulp 11.10.2. Fiber Craft 11.10.3. Cordage 11.11. Germany Abaca Fiber Market Forecast, By Type 11.11.1. Fine Abaca Fiber 11.11.2. Rough Abaca Fiber 11.12. U.K. Abaca Fiber Market Forecast, By End-use 11.12.1. Paper & Pulp 11.12.2. Fiber Craft 11.12.3. Cordage 11.13. U.K. Abaca Fiber Market Forecast, By Type 11.13.1. Fine Abaca Fiber 11.13.2. Rough Abaca Fiber 11.14. France Abaca Fiber Market Forecast, By End-use 11.14.1. Paper & Pulp 11.14.2. Fiber Craft 11.14.3. Cordage 11.15. France Abaca Fiber Market Forecast, By Type 11.15.1. Fine Abaca Fiber 11.15.2. Rough Abaca Fiber 11.16. Italy Abaca Fiber Market Forecast, By End-use 11.16.1. Paper & Pulp 11.16.2. Fiber Craft 11.16.3. Cordage 11.17. Italy Abaca Fiber Market Forecast, By Type 11.17.1. Fine Abaca Fiber 11.17.2. Rough Abaca Fiber 11.18. Spain Abaca Fiber Market Forecast, By End-use 11.18.1. Paper & Pulp 11.18.2. Fiber Craft 11.18.3. Cordage 11.19. Spain Abaca Fiber Market Forecast, By Type 11.19.1. Fine Abaca Fiber 11.19.2. Rough Abaca Fiber 11.20. Sweden Abaca Fiber Market Forecast, By End-use 11.20.1. Paper & Pulp 11.20.2. Fiber Craft 11.20.3. Cordage 11.21. Sweden Abaca Fiber Market Forecast, By Type 11.21.1. Fine Abaca Fiber 11.21.2. Rough Abaca Fiber 11.22. CIS Countries Abaca Fiber Market Forecast, By End-use 11.22.1. Paper & Pulp 11.22.2. Fiber Craft 11.22.3. Cordage 11.23. CIS Countries Abaca Fiber Market Forecast, By Type 11.23.1. Fine Abaca Fiber 11.23.2. Rough Abaca Fiber 11.24. Rest of Europe Abaca Fiber Market Forecast, By End-use 11.24.1. Paper & Pulp 11.24.2. Fiber Craft 11.24.3. Cordage 11.25. Rest of Europe Abaca Fiber Market Forecast, By Type 11.25.1. Fine Abaca Fiber 11.25.2. Rough Abaca Fiber 11.26. Europe Abaca Fiber Market Attractiveness Analysis 11.26.1. By End-use 11.26.2. By Type 11.27. PEST Analysis 11.28. Key Trends 11.29. Key Developments 12. Asia Pacific Abaca Fiber Market Analysis 12.1. Key Findings 12.2. Asia Pacific Abaca Fiber Market Overview 12.3. Asia Pacific Abaca Fiber Market Value Share Analysis, By End-use 12.4. Asia Pacific Abaca Fiber Market Forecast, By End-use 12.4.1. Paper & Pulp 12.4.2. Fiber Craft 12.4.3. Cordage 12.5. Asia Pacific Abaca Fiber Market Value Share Analysis, By Type 12.6. Asia Pacific Abaca Fiber Market Forecast, By Type 12.6.1. Fine Abaca Fiber 12.6.2. Rough Abaca Fiber 12.7. Asia Pacific Abaca Fiber Market Value Share Analysis, by Country 12.8. Asia Pacific Abaca Fiber Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. ASEAN 12.8.7. Rest of APAC 12.9. Asia Pacific Abaca Fiber Market Analysis, by Country 12.10. China Abaca Fiber Market Forecast, By End-use 12.10.1. Paper & Pulp 12.10.2. Fiber Craft 12.10.3. Cordage 12.11. China Abaca Fiber Market Forecast, By Type 12.11.1. Fine Abaca Fiber 12.11.2. Rough Abaca Fiber 12.12. India Abaca Fiber Market Forecast, By End-use 12.12.1. Paper & Pulp 12.12.2. Fiber Craft 12.12.3. Cordage 12.13. India Abaca Fiber Market Forecast, By Type 12.13.1. Fine Abaca Fiber 12.13.2. Rough Abaca Fiber 12.14. Japan Abaca Fiber Market Forecast, By End-use 12.14.1. Paper & Pulp 12.14.2. Fiber Craft 12.14.3. Cordage 12.15. Japan Abaca Fiber Market Forecast, By Type 12.15.1. Fine Abaca Fiber 12.15.2. Rough Abaca Fiber 12.16. South Korea Abaca Fiber Market Forecast, By End-use 12.16.1. Paper & Pulp 12.16.2. Fiber Craft 12.16.3. Cordage 12.17. South Korea Abaca Fiber Market Forecast, By Type 12.17.1. Fine Abaca Fiber 12.17.2. Rough Abaca Fiber 12.18. Australia Abaca Fiber Market Forecast, By End-use 12.18.1. Paper & Pulp 12.18.2. Fiber Craft 12.18.3. Cordage 12.19. Australia Abaca Fiber Market Forecast, By Type 12.19.1. Fine Abaca Fiber 12.19.2. Rough Abaca Fiber 12.20. ASEAN Abaca Fiber Market Forecast, By End-use 12.20.1. Paper & Pulp 12.20.2. Fiber Craft 12.20.3. Cordage 12.21. ASEAN Abaca Fiber Market Forecast, By Type 12.21.1. Fine Abaca Fiber 12.21.2. Rough Abaca Fiber 12.22. Rest of APAC Abaca Fiber Market Forecast, By End-use 12.22.1. Paper & Pulp 12.22.2. Fiber Craft 12.22.3. Cordage 12.23. Rest of APAC Abaca Fiber Market Forecast, By Type 12.23.1. Fine Abaca Fiber 12.23.2. Rough Abaca Fiber 12.24. Vietnam Abaca Fiber Market Forecast, By End-use 12.24.1. Paper & Pulp 12.24.2. Fiber Craft 12.24.3. Cordage 12.25. Vietnam Abaca Fiber Market Forecast, By Type 12.25.1. Fine Abaca Fiber 12.25.2. Rough Abaca Fiber 12.26. Asia Pacific Abaca Fiber Market Attractiveness Analysis 12.26.1. By End-use 12.26.2. By Type 12.27. PEST Analysis 12.28. Key Trends 12.29. Key Developments 13. Middle East & Africa Abaca Fiber Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Abaca Fiber Market Overview 13.3. Middle East & Africa Abaca Fiber Market Value Share Analysis, By End-use 13.4. Middle East & Africa Abaca Fiber Market Forecast, By End-use 13.4.1. Paper & Pulp 13.4.2. Fiber Craft 13.4.3. Cordage 13.5. Middle East & Africa Abaca Fiber Market Value Share Analysis, By Type 13.6. Middle East & Africa Abaca Fiber Market Forecast, By Type 13.6.1. Fine Abaca Fiber 13.6.2. Rough Abaca Fiber 13.7. Middle East & Africa Abaca Fiber Market Value Share Analysis, by Country 13.8. Middle East & Africa Abaca Fiber Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Nigeria 13.8.4. Egypt 13.9. Middle East & Africa Abaca Fiber Market Analysis, by Country 13.10. GCC Abaca Fiber Market Forecast, By End-use 13.10.1. Paper & Pulp 13.10.2. Fiber Craft 13.10.3. Cordage 13.11. GCC Abaca Fiber Market Forecast, By Type 13.11.1. Fine Abaca Fiber 13.11.2. Rough Abaca Fiber 13.12. South Africa Abaca Fiber Market Forecast, By End-use 13.12.1. Paper & Pulp 13.12.2. Fiber Craft 13.12.3. Cordage 13.13. South Africa Abaca Fiber Market Forecast, By Type 13.13.1. Fine Abaca Fiber 13.13.2. Rough Abaca Fiber 13.14. Nigeria Abaca Fiber Market Forecast, By End-use 13.14.1. Paper & Pulp 13.14.2. Fiber Craft 13.14.3. Cordage 13.15. Nigeria Abaca Fiber Market Forecast, By Type 13.15.1. Fine Abaca Fiber 13.15.2. Rough Abaca Fiber 13.16. Egypt Abaca Fiber Market Forecast, By End-use 13.16.1. Paper & Pulp 13.16.2. Fiber Craft 13.16.3. Cordage 13.17. Egypt Abaca Fiber Market Forecast, By Type 13.17.1. Fine Abaca Fiber 13.17.2. Rough Abaca Fiber 13.18. Middle East & Africa Abaca Fiber Market Attractiveness Analysis 13.18.1. By End-use 13.18.2. By Type 13.19. PEST Analysis 13.20. Key Trends 13.21. Key Developments 14. South America Abaca Fiber Market Analysis 14.1. Key Findings 14.2. South America Abaca Fiber Market Overview 14.3. South America Abaca Fiber Market Value Share Analysis, By End-use 14.4. South America Abaca Fiber Market Forecast, By End-use 14.4.1. Paper & Pulp 14.4.2. Fiber Craft 14.4.3. Cordage 14.5. South America Abaca Fiber Market Value Share Analysis, By Type 14.6. South America Abaca Fiber Market Forecast, By Type 14.6.1. Fine Abaca Fiber 14.6.2. Rough Abaca Fiber 14.7. South America Abaca Fiber Market Value Share Analysis, by Country 14.8. South America Abaca Fiber Market Forecast, by Country 14.8.1. Brazil 14.8.2. Colombia 14.8.3. Argentina 14.8.4. Rest of South America 14.9. South America Abaca Fiber Market Analysis, by Country 14.10. Brazil Abaca Fiber Market Forecast, By End-use 14.10.1. Paper & Pulp 14.10.2. Fiber Craft 14.10.3. Cordage 14.11. Brazil Abaca Fiber Market Forecast, By Type 14.11.1. Fine Abaca Fiber 14.11.2. Rough Abaca Fiber 14.12. Colombia Abaca Fiber Market Forecast, By End-use 14.12.1. Paper & Pulp 14.12.2. Fiber Craft 14.12.3. Cordage 14.13. Colombia Abaca Fiber Market Forecast, By Type 14.13.1. Fine Abaca Fiber 14.13.2. Rough Abaca Fiber 14.14. Argentina Abaca Fiber Market Forecast, By End-use 14.14.1. Paper & Pulp 14.14.2. Fiber Craft 14.14.3. Cordage 14.15. Argentina Abaca Fiber Market Forecast, By Type 14.15.1. Fine Abaca Fiber 14.15.2. Rough Abaca Fiber 14.16. Rest of South America Abaca Fiber Market Forecast, By End-use 14.16.1. Paper & Pulp 14.16.2. Fiber Craft 14.16.3. Cordage 14.17. Rest of South America Abaca Fiber Market Forecast, By Type 14.17.1. Fine Abaca Fiber 14.17.2. Rough Abaca Fiber 14.18. South America Abaca Fiber Market Attractiveness Analysis 14.18.1. By End-use 14.18.2. By Type 14.19. PEST Analysis 14.20. Key Trends 14.21. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Tag Fibers, Inc. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Ching Bee Trading Corporation 15.3.3. MAP Enterprises 15.3.4. Selinrail International Trading 15.3.5. The Fiber World 15.3.6. Italfil Expo Bags Company Limited 15.3.7. Yzen Handicraft Export Trading 15.3.8. Peral Enterprises 15.3.9. Others 16. Primary Key Insights
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