Canada Abaca Fiber Market Size & Outlook, 2024-2030
Canada abaca fiber market, 2018-2030 (US$M)
Related Markets
Canada abaca fiber market highlights
- The Canada abaca fiber market generated a revenue of USD 12.4 million in 2024 and is expected to reach USD 26.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 13.2% from 2025 to 2030.
- In terms of segment, pulp & paper was the largest revenue generating product in 2024.
- Pulp & Paper is the most lucrative product segment registering the fastest growth during the forecast period.
Abaca fiber market data book summary
| Market revenue in 2024 | USD 12.4 million |
| Market revenue in 2030 | USD 26.1 million |
| Growth rate | 13.2% (CAGR from 2025 to 2030) |
| Largest segment | Pulp & paper |
| Fastest growing segment | Pulp & Paper |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pulp & Paper, Fiber Craft, Cordage, Textile |
| Key market players worldwide | Terranova Papers, DG Global Ventures, Fortress Global Enterprises, Indian Handicraft Exports |
Other key industry trends
- In terms of revenue, Canada accounted for 1.2% of the global abaca fiber market in 2024.
- Country-wise, Philippines is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. abaca fiber market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 211.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Abaca Fiber Market Scope
Abaca Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada abaca fiber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to abaca fiber market will help companies and investors design strategic landscapes.
Pulp & paper was the largest segment with a revenue share of 91.94% in 2024. Horizon Databook has segmented the Canada abaca fiber market based on pulp & paper, fiber craft, cordage, textile covering the revenue growth of each sub-segment from 2018 to 2030.
Growth of abaca fiber industry in Canada is expected to be driven by growing emphasis on its use by food & beverage and textile companies to replace non-biodegradable synthetic fibers with ecofriendly abaca fibers.
The degrading time for abaca fibers is about two months, making it ecofriendly in nature. Furthermore, increasing imports of abaca cordages owing to their better durability and high abrasion resistance as compared to synthetic ropes is expected to benefit the market growth.
Reasons to subscribe to Canada abaca fiber market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada abaca fiber market databook
-
Our clientele includes a mix of abaca fiber market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada abaca fiber market , including forecasts for subscribers. This country databook contains high-level insights into Canada abaca fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada abaca fiber market size, by product, 2018-2030 (US$M)
Canada Abaca Fiber Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
