Germany Abaca Pulp Market Size & Outlook, 2023-2030
Germany abaca pulp market, 2018-2030 (US$M)
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Germany abaca pulp market highlights
- The Germany abaca pulp market generated a revenue of USD 20.2 million in 2023 and is expected to reach USD 46.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, food preparation papers (tea bag, filter paper) was the largest revenue generating product in 2023.
- Food Preparation Papers (Tea Bag, Filter Paper) is the most lucrative product segment registering the fastest growth during the forecast period.
Abaca pulp market data book summary
| Market revenue in 2023 | USD 20.2 million |
| Market revenue in 2030 | USD 46.0 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Food preparation papers (tea bag, filter paper) |
| Fastest growing segment | Food Preparation Papers (Tea Bag, Filter Paper) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Preparation Papers (Tea Bag, Filter Paper), Medical Filter Papers, Other Products |
| Key market players worldwide | Ahlstrom-Munksjö, Glatfelter Corp, Nippon Kodoshi, Terranova Papers, University Products, Wigglesworth |
Other key industry trends
- In terms of revenue, Germany accounted for 4.5% of the global abaca pulp market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK abaca pulp market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 159.5 million by 2030.
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Abaca Pulp Market Scope
Abaca Pulp Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany abaca pulp 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 pulp market will help companies and investors design strategic landscapes.
Food preparation papers (tea bag, filter paper) was the largest segment with a revenue share of 72.77% in 2023. Horizon Databook has segmented the Germany abaca pulp market based on food preparation papers (tea bag, filter paper), medical filter papers, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Abaca pulp can be used to produce biodegradable products including packaging materials. The demand for eco-friendly and biodegradable packaging solutions is rapidly growing in Germany, driven by both consumer preferences and regulatory initiatives aimed at reducing plastic waste.
Furthermore, abaca pulp is known for its strength and durability, making it suitable for specialty paper production. Germany has a strong paper industry, and the demand for high-quality paper for various applications, including specialty packaging, security documents, and currency production is growing.
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Target buyers of Germany abaca pulp market databook
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Our clientele includes a mix of abaca pulp market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Germany abaca pulp market , including forecasts for subscribers. This country databook contains high-level insights into Germany abaca pulp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany abaca pulp market size, by product, 2018-2030 (US$M)
Germany Abaca Pulp Market Outlook Share, 2023 & 2030 (US$M)
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