Latin America Abaca Pulp Market Size & Outlook, 2023-2030
Latin America abaca pulp market, 2018-2030 (US$M)
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Latin America abaca pulp market highlights
- The Latin America abaca pulp market generated a revenue of USD 18.4 million in 2023.
- The market is expected to grow at a CAGR of 12.3% 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.
Latin America data book summary
| Market revenue in 2023 | USD 18.4 million |
| Market revenue in 2030 | USD 41.5 million |
| Growth rate | 12.3% (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 covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 4.1% of the global abaca pulp market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 423.5 million by 2030.
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Abaca Pulp Market Scope
Abaca Pulp Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 70.65% in 2023. Horizon Databook has segmented the Latin America 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.
The countries of Central & South America are inclining toward the use of sustainable materials to reduce the harmful effects of plastic products on environment and meet the sustainability targets.
The region has countries with significant paper industries. In 2020, Brazil was among the top ten paper producing countries in the world. Argentina also has an established paper & pulp sector, producing various types of packaging papers and tissue papers.
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Target buyers of Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America abaca pulp market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America abaca pulp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America abaca pulp market
Latin America Abaca Pulp Market Outlook Share, 2023 & 2030 (US$M)
Latin America abaca pulp market
Related regional statistics
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