Abaca Fiber Market Size, Share, and Industry Analysis By Product Type (Pulp & Paper, Fiber Craft, Cordage, Textile, and Others), By End Use (Paper & Pulp, Fiber, and Craft Cordage), and Regional Forecast, 2026-2034

The global abaca fiber market size was valued at USD 1.17 billion in 2025. The market is projected to grow from USD 1.35 billion in 2026 to USD 4.27 billion by 2034, exhibiting a CAGR of 15.49% during the forecast period.

The global abaca fiber market is experiencing significant growth due to the increasing need for sustainable and environmentally friendly products. Abaca fiber is derived from the Musa textilis plant. It is a biodegradable, renewable fiber with a variety of applications such as textiles and paper products.

• Based on Bureau of the Census data, in 2023, the U.S. produced 55,000 tons of abaca fiber and consumed 40,000 tons domestically.

The pulp and paper industry appreciates the strength and durability of abaca. It is used for specialty papers such as those for tea bags or medical papers. The automotive and textile industries are taking notice of abaca fiber since it is lightweight and uses renewable resources.

Abaca Fiber Market Driver

Abaca Fiber Market Growth Driven By Sustainability

In addition to the sustainable and eco-friendly path of materials, there is increasing demand from industries worldwide that are rapidly moving to biodegradable materials. The renewable and biodegradable qualities of Abaca are in serious competition with synthetic fiber in many industries. For example, 18% of abaca fiber was used for paper products within the United States, which is significant to provide future sustainable items. Due to its strength and healthy sheen qualities, abaca is generating a lot of interest in the automotive and textile industries. This is a strong signal towards the developing market.

Abaca Fiber Market Restraint

Supply Chain Issues Hinder Market Growth

Supply chain vulnerabilities are a very serious issue for the abaca fiber industry since the base operation of the abaca fiber industry depends on limited regions, with the majority coming from the Philippines, which is vulnerable to many shocks due to natural disasters, geopolitical issues, or even pandemics. Furthermore, the extraction and processing of abaca fiber averages three years, involves specific skill sets by the workers, adding complexity to increasing volumes and costs. Finally, abaca fiber, with its sustainability and versatility notwithstanding, is relatively unknown in some markets, limiting its adoption in other industries.

Abaca Fiber Market Opportunity

Emerging Markets And Innovations Drive Abaca Market Growth

Several emerging markets in Latin America and Africa have implemented abaca cultivation, presenting new possibilities for expanding and growing the global supply. Also, innovative composite materials development, such as abaca fiber reinforced composites, is becoming available for use in the field (e.g., construction, aerospace, marine) to require lightweight and durable materials with low-cost, sustainable materials. Investments made by government sectors in sustainable agriculture and natural fiber industries are on the rise, and they continue to stimulate growth and adoption of abaca cultivation and processing.

Segmentation

Key Insights

The report covers the following key insights:

• Abaca Fiber Production and Consumption Trends
• Drivers, Restraints, Trends, and Opportunities
• Key Industry Developments
• Business Strategies Adopted by Key Players
• Consolidated SWOT Analysis of Key Players
• Regional Market Insights
• Regulatory Scenario

Analysis by Product Type

By product type, the market is divided into pulp & paper, fiber craft, cordage, textile, and others.

The pulp & paper segment is forecasted to lead the abaca fiber market based on its high tensile strength and the sustained growth anticipated as demand rises for sustainable, biodegradable papers in sectors such as packaging and printing. Customized paper products include paper products used for medical use, tea bags, currency notes, and others.

Abaca fiber is often used in ropes and cords based on its great durability and strength, and the cordage segment is forecasted to grow significantly, as strong, biodegradable, natural fibers are required in the marine, shipping, and agriculture industries in order to produce strong, biodegradable products.

Currently, the textile category is not fully established but is demonstrating considerable growth due to the unique natural luster and strength of abaca fiber, which is making synthetics loom less large. The increasing demand for green textiles will hasten the growth of this segment in this category in the years to come, especially within both the fashion and interior design categories.

Analysis by End Use

By end use, the market is divided into paper & pulp, fiber, and craft cordage.

The paper & pulp end-use segment of the abaca fiber industry is foreseen to be the eventual market and dominate due to the demand for environmentally friendly, biodegradable papers made from the abaca fiber. The segment can survive based on specialty papers, such as coffee filters and tea bags, and is expected to continue gaining traction as industries search for sustainable options for packaging and printing.

The fibre end-use segment's options are especially growing in the areas of crafting and manufacturing. Abaca's strength, biodegradability, and sustainability features have made this choice favorable in creating ropes, mats, and handmade products. The fibre end-use segment is expected to enjoy significant growth based on the trend toward sustainable and handmade products.

Regional Analysis

Based on geography, the market has been studied across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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The abaca fiber market is anticipated to be dominated by the Asia-Pacific region finish off abaca fiber suppliers, with the Philippines as the leading producer domestically, providing the majority of the world's supply. Growth in the area is further supported by the increase in demand for products produced using abaca in Japan and China, for example, and its total contribution to the market share in 2024. The global abaca fiber market will persist in growth, with the Philippines' ability to produce high levels of abaca fiber and growing regional demand.

Europe is experiencing a renewed demand for sustainable biodegradable materials now, mainly in automotive, textiles, and specialty paper. The market growth in Europe is perhaps an unintentional result of the alignment towards a more sustainable ecosystem and environmentally friendly processes. The demand for abaca fiber is now expected to grow steadily into the future. This is similar to the Asia growth, the activism awareness, and the evolution of green technology in Europe is anticipated to largely increase this region's growth rate going forward.

North America is quickly seeing a heightened interest in sustainable materials across many domains, including packaging, textiles, automotive parts, and a considerable number of other sectors. This growing involvement with sustainable sectors for marketing provides fuel to the continued market expansion in that area of the world. North America is expected to continue to grow a larger share of the market. Ongoing popularization and uptake of natural fibers into the eco-friendly development and manufacturing process are expected to expand the region's growth in the market.

Key Players Covered

The report includes the profiles of the following key players:

• Ching Bee Trading Corporation (Philippines)
• Wigglesworth & Co. Limited (U.K.)
• Freeman Mfg. & Supply Co. (U.S.)
• Chandra Prakash & Company (India)
• Specialty Pulp Manufacturing, Inc. (SPMI) (U.S.)
• Zhejiang Baijiahong Technology Co., Ltd. (China)
• PSPI (Philippines)
• Erin Rope (U.S.)
• HartmannForbes Inc (U.S.)
• HERMIN TEXTILE (India)

Key Industry Developments

• In January 2025, Specialty Pulp Manufacturing Inc. debuted a new range of abaca pulp products for the food and medical packaging industry. This further reinforces their brand as sustainability-focused, and abaca fiber has the potential for many new creative applications.
• In January 2025, Ching Bee Trading Corp teamed up with auto manufacturers to provide abaca fibers for their vehicle interiors. This means some auto manufacturers are starting to use sustainable materials in the vehicle manufacturing process.