Mexico Abaca Pulp Market Size & Outlook, 2024-2030
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Mexico abaca pulp market highlights
- The Mexico abaca pulp market generated a revenue of USD 6.1 million in 2023 and is expected to reach USD 13.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.2% 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 6.1 million |
| Market revenue in 2030 | USD 13.2 million |
| Growth rate | 12.2% (CAGR from 2024 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, Mexico accounted for 1.4% 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 North America, U.S. abaca pulp market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 316.4 million by 2030.
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Abaca Pulp Market Scope
Abaca Pulp Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wigglesworth | View profile | 11-50 | London, England, United Kingdom, Europe | https://www.wigglesworthfibres.com |
| University Products | View profile | 51-100 | Holyoke, Massachusetts, United States, North America | https://www.universityproducts.com |
| Terranova Papers | View profile | 51-100 | La Pobla De Claramunt, Catalonia, Spain, Europe | https://terranovapapers.com |
| Nippon Kodoshi | View profile | 251-500 | Kochi, Kochi, Japan, Asia | https://www.kodoshi.co.jp/english/ |
| Glatfelter Corp | View profile | 2916 | 4350 Congress Street, Suite 600, Charlotte, NC, United States, 28209 | https://www.glatfelter.com |
| Ahlstrom-Munksjö | View profile | 5001-10000 | Helsinki, Southern Finland, Finland, Europe | https://www.ahlstrom-munksjo.com/ |
Mexico 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 78.69% in 2023. Horizon Databook has segmented the Mexico 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 usage of abaca pulp is expected to be less in Mexico due to widespread availability of sisal in the region. They have less cost and higher productivity per hectare as compared to abaca crops. In addition, sisal is 100% biodegradable whereas the biodegradability of abaca pulp ranges between 70–80%.
Sisal fibers are obtained from the Agave sisalana plant, which is native to Mexico. The plant grows well all year in hot and arid climate. In addition, the cultivation of this crop is relatively easier as compared to abaca as the former is resistant to diseases.
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Target buyers of Mexico 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 country-level data and insights on the Mexico abaca pulp market , including forecasts for subscribers. This country databook contains high-level insights into Mexico abaca pulp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico Product - Abaca Pulp Market size, 2023 - 2030 (US$M)
Mexico Abaca Pulp Market Outlook Share, 2023 & 2030 (US$M)
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