Market revenue in 2023 | USD 149.8 million |
Market revenue in 2030 | USD 359.2 million |
Growth rate | 13.3% (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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 73.77% in 2023. Horizon Databook has segmented the North 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 demand for abaca pulp in North America is driven by several factors including rising demand for sustainable eco-friendly materials and growing paper industry. The demand for specialty paper and paper products in North America is high for applications such as tea bag paper, filter paper, and currency paper.
Abaca pulp is largely used in the production of tea bags and coffee filter papers as it can withstand hot water and retain the flavor and aroma of the beverages. As the demand for ready-to-drink teas and coffees grows, so does the need for abaca pulp.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America abaca pulp market , including forecasts for subscribers. This continent databook contains high-level insights into North America abaca pulp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account