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Philippines Abaca Fiber Market Forecast and Opportunities, 2019

Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format

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Philippines Abaca Fiber Market Forecast and Opportunities, 2019

Philippines is the world’s largest producer of abaca fiber, accounting for about 85% share of the global production in 2013. In the Philippines, abaca plants are cultivated across 130 thousand hectares of land by over 90 thousand farmers. Abaca fiber is primarily used as a raw material by end user industries such as pulp & paper, fiber craft, cordage, etc. Abaca fiber consumption in Philippines is witnessing a continuous increase among these end user industries due to widening applications of the fiber. Abaca fiber market in Philippines is supported by various investor friendly initiatives taken by the country’s Fiber Industry Development Authority (FIDA), which is expected to further boost the abaca fiber market in the coming years. Out of the total production, a significant volume of abaca fiber is consumed within the Philippines and the rest is exported worldwide, with the US, European countries and Japan being the major importers.

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  • Philippines Abaca Fiber Market Size, Share & Forecast
  • Segmental Analysis – Abaca Pulp, Cordage and Fiber craft
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
  • To gain an in-depth understanding of abaca fiber market in the Philippines
  • To identify the on-going trends and anticipated growth in the coming years
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