The global abaca fiber market was valued at USD 290.33 Million in 2025. The industry is expected to grow at a CAGR of 3.74% during the forecast period of 2026-2035 to reach a value of USD 419.14 Million by 2035. Rising consumer awareness of sustainability and demand for eco-friendly materials is driving innovation in the market.
Companies are increasingly exploring natural, biodegradable solutions that offer both performance and environmental benefits. In line with this trend, Abafil srl, part of the Abati Group, launched Kartana®, a 100% natural, circular abaca fiber that can be processed into yarn, fabric, and packaging. The product is highly durable, UV-resistant, and naturally bacteriostatic, while the company has complemented the launch with a 500-kW photovoltaic system at its Medolago plant, covering 90% of energy needs and cutting CO₂ emissions by 260 tonnes annually.
These innovations exemplify how market players are integrating sustainable production, energy efficiency, and traceable supply chains to meet growing eco-conscious demand. Such efforts not only strengthen brand positioning but also expand the abaca fiber market scope for high-quality, regenerative abaca-based materials worldwide.
Base Year
Historical Period
Forecast Period
Known for its durability, abaca fabric is not only breathable but also exhibits a mottled appearance and a lustrous surface, adding to its appeal in various applications.
The growing concern regarding sustainability is increasing the cultivation of abaca due to its abundance in nature and environmental benefits including soil water retention capabilities.
Investments in research and development, infrastructure, and technology are enhancing the competitiveness of the abaca fibre market.
Compound Annual Growth Rate
3.74%
Value in USD Million
2026-2035
*this image is indicative*
Producers and government agencies are investing in mechanisation, improved extraction, grading, and processing systems to meet increasing demand for high-quality abaca fibre (for composites, speciality papers, etc.). In March 2025, the Philippine Fiber Industry Development Authority (PhilFIDA) and the Turkish Cooperation and Coordination Agency (TİKA) started a project to mechanize abaca fibre extraction processes in the Philippines. With better mechanized extraction, abaca fiber market experiences better fibre quality and consistency, allowing downstream applications and scaling production in a cost-effective manner.
Abaca fiber is no longer used only in traditional rope or paper; it is now entering textile, home décor, and composite applications, which provide higher margins and wider markets. In August 2025, the Department of Science and Technology (Philippines) announced a project in Catanduanes to produce open fibre from abaca for textile use. The use of abaca fibre as a textile raw material leads to the opening of new manufacturing segments (eco fashion, premium home fabrics), which in turn increases demand and encourages processors to invest in the upgraded fibre supply.
Abaca is a renewable and biodegradable material, and with the rising demand in the abaca fiber market for environmentally friendly products, it can replace plastics, synthetic fibres, and less eco-friendly substrates. In May 2025, PhilFIDA announced that it is working with Bangko Sentral ng Pilipinas (BSP) to reintroduce abaca fibre in polymer banknotes, which is the main reason for highlighting abaca's sustainable credentials. With brands, agencies, and industries moving towards sustainable fibre inputs, abaca can be a renewable alternative that supports both volume and value growth.
The demand for sustainable and high-performance tea bags is leading to innovation in the tea packaging sector. Companies like Terranova are doing a lot of work in R&D to create premium, compostable papers made from natural fibers like abaca and cellulose. Their newest Compofilt line, which is completely plastic-free and heat-sealable, allows for better infusion, factory efficiency, and environmental compliance. These innovations address consumer preferences and operational needs, helping to build market competitiveness and support premium product positioning, which opens new growth opportunities in the abaca fiber market through eco-friendly tea and coffee packaging all over the world.
To meet the demand for abaca, the major producing areas are increasing output through better agricultural practices, farmer support, and yield improvement. In April 2025, the report of the Eastern Visayas (Philippines) showed that abaca fibre production in 2024 was approximately 2,938 MT, which is 24% more than the previous year. The higher yields and production stability lower supply shortages that make abaca more attractive for larger scale applications and provide converters with the assurance of supply continuity.
The EMR’s report titled “Global Abaca Fiber Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Application
Key Insights: The paper and pulp sector contributes significantly to the rising demand mainly due to the use of premium‑grade abaca in specialty papers and banknote substrates. At the same time, cordage and rope applications utilize abaca's salt‑water resistance and high tensile strength for marine and industrial uses. The handicrafts and fiber craft segment is becoming popular as more artisans are producing mats, bags, and décor from abaca fibers. For example, MCA Handicraft Industries sells abaca mats and yarn blends. Yarn is getting higher demand as more textile producers use abaca‑cotton and abaca‑polyester blends to make lightweight sustainable fabrics. The "Others" category, in the end, is a reserve for the emerging composite, insulation and packaging sectors where abaca is being used instead of the synthetic alternatives.
Market Breakup by Region
Key Insights: In the Asia Pacific region accounts for a significant share of the abaca fiber market as companies are increasing the scale of abaca farming and mechanized processing. As a result, exporters are signing long-term supply agreements with paper and textile mills. In Europe, manufacturers use abaca in automotive interiors, packaging, and textiles to comply with sustainability requirements. Companies in North America are creating partnerships to produce eco-friendly papers and composites. Meanwhile, Latin America is investigating the expansion of cultivation, and the Middle East & Africa are starting to import abaca for sustainable packaging and composites.
By application, paper and pulp sector registers robust growth
As a result of manufacturers progressively utilizing abaca fibre for different types of paper such as tea bag paper, banknotes and filter paper, the paper and pulp segment is witnessing a significant expansion. One of the reasons is its excellent tensile strength and resistance to moisture. Thus, in April 2025, the Department of Agriculture in the Philippines requested the Bangko Sentral ng Pilipinas to maintain the use of abaca pulp in banknotes, emphasizing its strategic importance. This development allows producers to access the premium markets and thus, it becomes a key driver for supply chains to switch to higher value fiber grades.
In the case of cordage and rope application, producers are bringing up notable modifications in the abaca fiber market by increasing its tensile strength and simultaneously automating their rope manufacturing plants as well as creating a sustainable sourcing partnership to meet the requirements of marine, fishing and industrial sectors. Presently, Erin Rope Corporation has created a technology that utilizes abaca fibers to reinforce ropes, thus making them suitable for use in offshore and agricultural sectors. To accomplish this, the producers are taking steps which pave the way to produce easily biodegradable, high wear-resistant fibers as substitutes for synthetic ones, thus consolidating the industry growth.
By Region, Asia Pacific leads the market growth
The Asia Pacific region continues to be very profitable for the Abaca fibre market due to the plentiful cultivation and innovations that add value. For instance, in August 2025 the Department of Science and Technology (DOST) inaugurated a PHP 10 million project in Catanduanes to produce abaca-based open fibre textiles, thus, not only increasing the income of farmers but also going beyond the mere export of raw materials. The region is thus, maintained as the main player in the world market through expansion programs that include the mechanised extraction, improved fibre grading and export-oriented supply chains, in which companies are engrossed.
On the other hand, in the Europe abaca fiber market, manufacturers and fibre processors commit more capital towards the production of abacá based materials to benefit from the sustainability mandates and lightweight composite opportunities. For instance, German automotive companies are employing abacá reinforced bio composites in the manufacture of car interiors as well as the structural parts to make the car lighter and hence conform to the EU emissions targets. By means of partnerships with fibre suppliers, product innovation and green certification activities, companies are "igniting" the use of abacá fibres in packaging, specialty paper and engineering sectors at a faster rate.
In order to improve fiber yield and consistency, prominent abaca fiber market players are progressively adopting sustainable cultivation practices, mechanized processing, and quality control. They collaborate strategically with government bodies and industry partners to scale up their operations, enhance the efficiency of the supply chain, and ensure compliance with international standards, thus enabling a greater use of abaca fibers in textiles, specialty papers, and composite materials.
To begin with, product innovation is a major factor fueling the abaca fiber industry revenue. Abaca fiber companies are creating biodegradable fabrics, lightweight composites, and ultra-strong fibers solutions for sectors such as industrial, fashion, and security. By implementing state-of-the-art extraction technologies and environmentally friendly processing techniques, market entrants are not only able to satisfy the changing consumer preferences for eco-friendly products, but also reinforce their market position, broaden their product offerings, and gain access to premium markets globally.
The company Ahlstrom-Munksjö has been a pioneer in the production of fiber-based material over the years. It has been in operation since 1851 and is headquartered in Helsinki, Finland. The company's product portfolio covers the needs of diverse industries and includes materials that satisfy high aesthetic and environmental criteria. Ahlstrom-Munksjö is a technology company that supplies unique fiber-based products and solutions to its customers that are in the filtration, medical, and specialty paper industries.
Simor Abaca Products is a company that was established in 1998 in Davao City, Philippines. It is a company that takes pride in developing the most excellent abaca fibers for paper, textile, and composite areas of use. Their focus is the implementation of sustainable measures in their cultivation while introducing new techniques in their processing to satisfy the demand of the global abaca fiber market.
Glatfelter Corporation is a major player in the market for engineered materials. They are pioneers of specialty papers and natural fiber-based solutions. The company was founded in 1864, and their headquarters are in York, Pennsylvania, USA. The company is aware of the importance of technology; thus, it combines the latest technological developments with the traditional skills of the fiber industry to generate the products for the industrial and consumer markets.
Naturi Alam Semesta is a company that was founded in 2005. It is a company that is based in Jakarta, Indonesia, and it focuses its attention mainly on the production and export of natural fibers, such as abaca, for textile and other specialty products. The company has taken sustainability as one of its core business values by optimally utilizing the local resources to be able to provide top-notch fiber solutions to the world market.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the market include Wigglesworth & Co. Limited, Specialty Pulp Manufacturing, Inc., and other companies.
Explore the latest trends shaping the Global Abaca Fiber Market 2026-2035 with our in-depth report. Gain strategic insights, future forecasts, and key market developments that can help you stay competitive. Download a free sample report or contact our team for customized consultation on global abaca fiber market trends 2026.
Abaca Fiber Supply Chain Evolution
Abaca Fiber Product Development And Innovation
Abaca Fiber Demand Patterns Insights
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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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In 2025, the abaca fiber market reached an approximate value of USD 290.33 Million.
The market is projected to grow at a CAGR of 3.74% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of USD 419.14 Million by 2035.
Key strategies driving the market include product innovation with sustainable and biodegradable fibres, mechanisation and quality improvement in fiber processing, expansion into higher-value applications such as textiles and composites, strategic partnerships and collaborations, and investment in energy-efficient and traceable supply chains.
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, Specialty Pulp Manufacturing, Inc., and other companies.
The Asia Pacific region holds the largest share of the global abaca fiber market, driven by abundant cultivation in the Philippines and Indonesia, investment in mechanized processing, and strong export-orientated supply chains.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| 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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| Companies Covered |
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| 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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