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The global abaca fibre market size was around USD 279.86 million in 2023. The market is estimated to grow at a CAGR of 3.74% during 2024-2032 to reach a value of USD 387.70 million by 2032.
Abaca fibres are considered one of the strongest natural fibres. It is being majorly used in the paper and pulp sectors, ropes and cordages, among others.
The Philippines is the primary producer of abaca fibre, also known as Manila fibre. In 2019, according to the Philippine Statistics Authority (PSA), the Bicol region in the Philippines was the top producer of abaca. It accounted for 28.94 KMT or 40.1% of the total abaca production in the country. The other major producing regions include Eastern Visayas and Davao.
The increasing global demand for green and sustainable products is driven by heightened environmental consciousness, rapid climate change, and growing global waste issues. This further increases the need for natural fibres such as abaca fibres.
Figure: Global Abaca Fibre Production Share (Volume) by Country, 2021, Percentage
Rising sustainability concerns; favourable government initiatives; adoption of abaca fibre as an alternative material; and the presence of technologies for fibre production are positively impacting the abaca fibre market growth
| Date | Organisation | Event |
| Dec 2023 | Government establishment | In Davao City, the local government, through the collaborative efforts of the Peace 911 program and the City Agriculturist Office (CAgrO), launched a substantial project to enhance the cultivation of high-quality abaca fibres in the Paquibato District. |
| Nov 2023 | Bananatex | The company announced the development of biodegradable lightweight jersey fabric made by extracting fibres from the Abacá plant stalk. |
| Sep 2023 | Glatfelter Corporation | Glatfelter Corporation, a leading provider of engineered materials (NYSE: GLT), forged a collaboration with Ekman & Co. |
| Aug 2022 | Government establishment | Coastal farmers' abaca production and marketing receive a boost through a memorandum of agreement (MOA) involving the Department of Agrarian Reform (DAR), partner agencies, and the local government unit (LGU). |
| Trends | Impact |
| Alternative material for retrofitting of unreinforced masonry | Abaca fibre stands out for its resistance to rot, high tensile strength, and specific flexural strength comparable to glass fibre presenting an opportunity to be introduced as an alternative material for retrofitting of unreinforced masonry (URM) houses. |
| Government support for abaca cultivation | Organisations such as PhilFIDA are encouraging partnerships with governing bodies in abaca-cultivating regions, improving the production efficiency and marketing of abaca. |
| Increasing sustainability concerns | Abaca fibres are 100% biodegradable and are considered organic, due to the absence of toxic elements such as chemicals and pesticides. |
| Rising use in pulp and paper sector | The long staple length, strength, and cellulose content of abaca fibres support its use in the production of specialist papers including tea and coffee bags, among others. |
The cultivation and harvesting of abaca fibre require relatively low chemical processing, making it a renewable resource with negligible environmental impact.
The availability of technologies and facilities supporting fibre production, extraction, post-harvest, and fibre utilisation benefits the market growth. The technologies involving development of diagnostic laboratories, planting materials, among others, lead to an increase in the production of and improved supply of raw materials for abaca fibre, addressing the increasing global demand.
Various government agencies, state universities, and research institutions, including PhilFIDA, actively engage in abaca research and development, spanning planting materials production and distribution. PhilFIDA operates multiple laboratories and experiment stations, strategically establishing 17 hectares of abaca mother block nurseries across producing regions to expedite planting material production and serve as seed sources, reinforcing their commitment to advancing abaca R&D at various levels.
“Global Abaca Fibre Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Application | Paper and Pulp, Cordage and Ropes, Handicrafts and Fibre Craft, Yarns, Others |
| Region | North America, LAMEA, Europe, Asia Pacific |
Based on application, paper and pulp accounts for the majority of abaca fibre market share
Abaca fibre has the presence of about 68% cellulose, 19% hemicellulose, and 12-13% lignin. Hence, it is being used as an alternative material for the production of pulp. It is most widely used in the production of speciality papers such as tea bags, coffee filter paper, sausage skins, and currency papers. Abaca fibre enables the manufacture of thin, strong, and recycled paper, which is driving its adoption in the pulp and paper sector.
Abaca fibres are also used in the production of well-drilling cables in addition to the production of cordage for naval and marine vessels. The durability, mechanical strength, flexibility, and length of abaca fibre make it fit for various industrial and non-industrial uses.
The growing concerns regarding environmental sustainability are leading to the adoption of environment-friendly materials for clothing. Abaca yarns are renewable making them a perfect choice in the transition towards more sustainable materials.
The growing concerns regarding sustainability and subsequent demand for organic products are encouraging manufacturers to expand their offerings, further increasing their market share
| Company | Company Type | Headquarters | Services |
| Ahlstrom-Munksjö | Private | Finland | The company specialises in transforming fibres into high-performance materials and offers a diverse range of products for everyday applications, like tea bags, food packaging and baking papers, etc. |
| Simor Abaca Products | Private | Philippines | The company offers wallcoverings, sunshades, rugs, and tapestries mostly made of abaca. |
| Glatfelter Corporation | Public | United States | Glatfelter processes long fibres, such as abaca, sourced from its own pulp mill in the Philippines. |
| Naturi Alam Semesta | Private | Indonesia | The company provides abaca fibre, essential oil, moringa, charcoal, perfume, and others. |
Other notable players operating in the abaca fibre market include Wigglesworth & Co. Limited., and Specialty Pulp Manufacturing, Inc., among others. The manufacturers are upgrading their product portfolios and incorporating the latest capabilities to innovate their offerings and meet the evolving demands of consumers.
The Philippines is the major producer of abaca fibre on a global scale. The abaca plant is cultivated on about 130,000 ha by 90,000 small farmers across the country. The major goods exported from Philippines include abaca pulp, yarns, cordage, fibre crafts, and raw fibre.
The UK is witnessing the trend of sustainable fashion. About 72% of the UK fashion customers are on the lookout for clothes that are sustainable. France is a regular buyer of abaca fabrics from the Philippines. Annually, the imports of Abaca fabrics from the Philippines correspond to about 1,310 MT.
Ecuador and Costa Rica are prominent abaca fibre producers in the Latin America and Middle East region. The abaca fibre sector in Ecuador is majorly characterised by the presence of large estates and smallholder co-operative cultivators.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of USD 279.86 million in 2023.
The market is estimated to grow at a CAGR of 3.74% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 387.70 million by 2032.
The market is being driven by the surging demand for strong, long-lasting materials, and the extensive use of abaca fibre in the paper and pulp industry.
The key market trends include the rising use of natural fibres and sustainable products, and the increasing research activities to develop superior abaca fibre.
The major regions in the market are North America, LAMEA, Europe, and the Asia Pacific.
The major applications include paper and pulp, cordage and ropes, handicrafts and fibre craft, and yarns, among others.
The key players in the market include Ahlstrom-Munksjö, Simor Abaca Products, Glatfelter Corporation, Naturi Alam Semesta, Wigglesworth & Co. Limited., and Specialty Pulp Manufacturing, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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