North America Abaca Pulp Market Size & Outlook, 2023-2030

The abaca pulp market in North America is expected to reach a projected revenue of US$ 359.2 million by 2030. A compound annual growth rate of 13.3% is expected of North America abaca pulp market from 2024 to 2030.
Revenue, 2023 (US$M)
$149.8
Forecast, 2030 (US$M)
$359.2
CAGR, 2024 - 2030
13.3%
Report Coverage
North America

North America abaca pulp market highlights

  • The North America abaca pulp market generated a revenue of USD 149.8 million in 2023.
  • The market is expected to grow at a CAGR of 13.3% 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.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 149.8 million
Market revenue in 2030USD 359.2 million
Growth rate13.3% (CAGR from 2023 to 2030)
Largest segmentFood preparation papers (tea bag, filter paper)
Fastest growing segmentFood Preparation Papers (Tea Bag, Filter Paper)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood Preparation Papers (Tea Bag, Filter Paper), Medical Filter Papers, Other Products
Key market players worldwideAhlstrom-Munksjö, Glatfelter Corp, Nippon Kodoshi, Terranova Papers, University Products, Wigglesworth


Other key industry trends

  • In terms of revenue, North America region accounted for 33.7% 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 Companies

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North 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 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.

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Target buyers of North America abaca pulp market databook

  • 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 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.

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North America abaca pulp market size, by country, 2018-2030 (US$M)

North America Abaca Pulp Market Outlook Share, 2023 & 2030 (US$M)

North America abaca pulp market size, by country, 2018-2030 (US$M)

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