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 |
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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.
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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