Abaca Fiber Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
2594 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : 99 Strategy
Abaca, also called as manila hemp, is extracted from the leaf sheath around the trunk of Musa textilis, a type of banana plant that is mostly found in the Philippines and humid tropics. Harvesting and cultivating abaca is a labor-intensive process as the pulp is removed by cutting strips and scraping stalks. Fibers obtained from the process are then dried and removed. Abaca fiber has high strength and is used in the paper industry for making mimeograph mats and teabags. It is also used to make handicraft such as carpets, furniture, clothing, and bags. Abaca fiber is used in fishing nets, hawsers, and shipping lines due to beneficial properties such as flexibility, durability, and saltwater resistance. It is classified as a hard fiber along with sisal, coir, and henequin. In addition, abaca fiber is used in gifts, toys, and housewares. Furthermore, it is used as an alternative to glass fiber reinforced plastics components.
Major end-use industries of abaca fiber include paper & pulp, fiber craft, and cordage. Paper & pulp industry was the largest end-use industry for abaca fiber followed by cordage manufacturing and fiber craft industry. Increasing application scope of abaca fiber in the manufacturing of specialty paper is likely to be one of the key factors to drive demand for abaca fibers in the paper & pulp industry. Rising demand for cordage in industrial applications including production of ropes for ships is expected to boost its demand over the next seven years.
Asia Pacific was the largest market for abaca fiber in terms of production and consumption over the past few years and trend is expected to continue over the forecast period. Philippines being the world\'s largest abaca producer holds the major market share in the Asia Pacific market. Considerable portion of produced abaca fiber in Philippines is internally consumes while a major portion is exported to various countries including U.S., Japan and other European countries. Government of Philippines is taking supportive initiatives to increase production levels of high quality abaca fiber for domestic consumption and export. This is expected to further strengthen its market positioning and open market opportunities for new players over the next seven years.
The Global Abaca Fiber Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Abaca Fiber Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Ching Bee Trading Corporation
Peral Enterprises
MAP Enterprises
Tag Fibers
Yzen Handicraft Export
Selinrail International Trading
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Fine Abaca Fiber
Rough Abaca Fiber
In Market segmentation by applications :
Paper & Pulp
Fiber Craft
Cordage
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Abaca Fiber Market for the forecast period 2023-2030?
• What are the driving forces in the Abaca Fiber Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Abaca Fiber industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Abaca Fiber Market Size Growth Rate by Type (2020-2030)
1.3.2 Fine Abaca Fiber
1.3.3 Rough Abaca Fiber
1.4 Market Segment by Application
1.4.1 Global Abaca Fiber Market Share by Application (2020-2030)
1.4.2 Paper & Pulp
1.4.3 Fiber Craft
1.4.4 Cordage
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Abaca Fiber Production Value 2015-2030
2.1.2 Global Abaca Fiber Production 2015-2030
2.1.3 Global Abaca Fiber Capacity 2015-2030
2.1.4 Global Abaca Fiber Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Abaca Fiber Market Size CAGR of Key Regions
2.2.2 Global Abaca Fiber Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Abaca Fiber Capacity by Manufacturers
3.1.2 Global Abaca Fiber Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Abaca Fiber Revenue by Manufacturers (2018 - 2022)
3.2.2 Abaca Fiber Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Abaca Fiber Market Concentration Ratio (CR5 and HHI)
3.3 Abaca Fiber Price by Manufacturers
3.4 Key Manufacturers Abaca Fiber Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Abaca Fiber Market
3.6 Key Manufacturers Abaca Fiber Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Fine Abaca Fiber Production and Production Value (2018 - 2022)
4.1.2 Rough Abaca Fiber Production and Production Value (2018 - 2022)
4.2 Global Abaca Fiber Production Market Share by Type
4.3 Global Abaca Fiber Production Value Market Share by Type
4.4 Abaca Fiber Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Abaca Fiber Consumption by Application
6 Production by Regions
6.1 Global Abaca Fiber Production (History Data) by Regions 2018 - 2022
6.2 Global Abaca Fiber Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Abaca Fiber Production Growth Rate 2018 - 2022
6.3.2 United States Abaca Fiber Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Abaca Fiber Import & Export
6.4 European Union
6.4.1 European Union Abaca Fiber Production Growth Rate 2018 - 2022
6.4.2 European Union Abaca Fiber Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Abaca Fiber Import & Export
6.5 China
6.5.1 China Abaca Fiber Production Growth Rate 2018 - 2022
6.5.2 China Abaca Fiber Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Abaca Fiber Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Abaca Fiber Consumption by Regions
7.1 Global Abaca Fiber Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Abaca Fiber Consumption by Type
7.2.2 United States Abaca Fiber Consumption by Application
7.3 European Union
7.3.1 European Union Abaca Fiber Consumption by Type
7.3.2 European Union Abaca Fiber Consumption by Application
7.4 China
7.4.1 China Abaca Fiber Consumption by Type
7.4.2 China Abaca Fiber Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Abaca Fiber Consumption by Type
7.5.2 Rest of World Abaca Fiber Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Ching Bee Trading Corporation
8.1.1 Ching Bee Trading Corporation Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Abaca Fiber
8.1.4 Abaca Fiber Product Introduction
8.1.5 Ching Bee Trading Corporation Recent Development
8.2 Peral Enterprises
8.2.1 Peral Enterprises Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Abaca Fiber
8.2.4 Abaca Fiber Product Introduction
8.2.5 Peral Enterprises Recent Development
8.3 MAP Enterprises
8.3.1 MAP Enterprises Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Abaca Fiber
8.3.4 Abaca Fiber Product Introduction
8.3.5 MAP Enterprises Recent Development
8.4 Tag Fibers
8.4.1 Tag Fibers Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Abaca Fiber
8.4.4 Abaca Fiber Product Introduction
8.4.5 Tag Fibers Recent Development
8.5 Yzen Handicraft Export
8.5.1 Yzen Handicraft Export Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Abaca Fiber
8.5.4 Abaca Fiber Product Introduction
8.5.5 Yzen Handicraft Export Recent Development
8.6 Selinrail International Trading
8.6.1 Selinrail International Trading Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Abaca Fiber
8.6.4 Abaca Fiber Product Introduction
8.6.5 Selinrail International Trading Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Abaca Fiber Capacity, Production Forecast 2020-2030
9.1.2 Global Abaca Fiber Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Abaca Fiber Production and Value Forecast by Regions 2020-2030
9.2.2 Global Abaca Fiber Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Abaca Fiber Production Forecast by Type
9.7.2 Global Abaca Fiber Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Abaca Fiber Sales Channels
10.2.2 Abaca Fiber Distributors
10.3 Abaca Fiber Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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