North America Abaca Pulp Market Size & Outlook, 2023-2030
North America abaca pulp market, 2018-2030 (US$M)
Related Markets
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 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 |
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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Abaca Pulp Market Scope
Abaca Pulp Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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.
Reasons to subscribe to North America abaca pulp market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 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.
Partial client list
North America abaca pulp market size, by country, 2018-2030 (US$M)
North America Abaca Pulp Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
