Japan Abaca Pulp Market Size & Outlook, 2023-2030
Japan abaca pulp market, 2018-2030 (US$M)
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Japan abaca pulp market highlights
- The Japan abaca pulp market generated a revenue of USD 38.2 million in 2023 and is expected to reach USD 90.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 13% 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 38.2 million |
| Market revenue in 2030 | USD 90.0 million |
| Growth rate | 13% (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, Japan accounted for 8.6% 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 Asia Pacific, Japan abaca pulp market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 90.0 million by 2030.
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Abaca Pulp Market Scope
Abaca Pulp Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 66.49% in 2023. Horizon Databook has segmented the Japan 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.
In addition, the growing demand for abaca-based specialty papers from several application industries including bookbinding, interior designing, graphic designing, and packaging is expected to benefit market growth.
Abaca pulp is primarily utilized for printing portraits, denominations, and other major designs using intaglio printing, giving a textured feel and preventing any type of counterfeiting in note printing. As per the National Printing Bureau, the number of cash-handling machines per 10,000 people in Japan is higher as compared to other countries.
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Target buyers of Japan 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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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 Japan abaca pulp market , including forecasts for subscribers. This country databook contains high-level insights into Japan abaca pulp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan abaca pulp market size, by product, 2018-2030 (US$M)
Japan Abaca Pulp Market Outlook Share, 2023 & 2030 (US$M)
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