Global Abaca Fiber Market Size & Outlook, 2021-2028
Global abaca fiber market, 2017-2028 (US$M)
Related Markets
Global abaca fiber market highlights
- The global abaca fiber market generated a revenue of USD 420.9 million in 2020 and is expected to reach USD 1,742.4 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 19.4% by 2028.
- In terms of segment, pulp & paper accounted for a revenue of USD 347.3 million in 2020.
- Pulp & Paper is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 420.9 million |
| Market revenue in 2028 | USD 1,742.4 million |
| Growth rate | 19.4% (CAGR from 2020 to 2028) |
| Largest segment | Pulp & paper |
| Fastest growing segment | Pulp & Paper |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pulp & Paper, Fiber Craft, Cordage, Textile |
Other key industry trends
- In terms of revenue, the North America accounted for 11.6% of the global abaca fiber market in 2020.
- By country, the Philippines is projected to lead the global market in terms of revenue in 2028.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 4.3 million by 2028.
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Abaca Fiber Market Scope
Abaca Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global 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 82.51% in 2021. Horizon Databook has segmented the Global abaca fiber market based on pulp & paper, fiber craft, cordage, textile covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Abaca Fiber Product Outlook (Revenue, USD Million, 2017-2028)
- Pulp & Paper
- Fiber Craft
- Cordage
- Textile
- Others
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Target buyers of Global abaca fiber market databook
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Our clientele includes a mix of abaca fiber market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global abaca fiber market , including forecasts for subscribers. This global databook contains high-level insights into Global abaca fiber market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Global abaca fiber market size, by regions, 2017-2028 (US$M)
Top 10 countries: Abaca fiber market size, 2020 (US$M)
Global abaca fiber market share, by product, 2020 & 2028 (%, US$M)
Abaca fiber market: Opportunity assessment by country
Global abaca fiber market, by region, 2021 (US$M)
Related regional statistics
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