Global Abaca Pulp Market Size & Outlook, 2023-2030

The abaca pulp industry worldwide is expected to reach a projected revenue of US$ 1,064.5 million by 2030. A compound annual growth rate of 13.3% is expected of the worldwide abaca pulp industry from 2024 to 2030.

Revenue, 2023 (US$M)
$445.0
Forecast, 2030 (US$M)
$1,064.5
CAGR, 2024 - 2030
13.3%
Report Coverage
Worldwide

Global abaca pulp market highlights

  • The global abaca pulp market generated a revenue of USD 445.0 million in 2023 and is expected to reach USD 1,064.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 13.3% by 2030.
  • In terms of segment, food preparation papers (tea bag, filter paper) accounted for a revenue of USD 323.6 million in 2023.
  • Food Preparation Papers (Tea Bag, Filter Paper) is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 445.0 million
Market revenue in 2030USD 1,064.5 million
Growth rate13.3% (CAGR from 2023 to 2030)
Largest segmentFood preparation papers (tea bag, filter paper)
Fastest growing segmentFood Preparation Papers (Tea Bag, Filter Paper)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood Preparation Papers (Tea Bag, Filter Paper), Medical Filter Papers, Other Products

Other key industry trends

  • In terms of revenue, the North America accounted for 33.7% of the global abaca pulp market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 13.2 million by 2030.

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Abaca Pulp Market Companies

Name Profile # Employees HQ Website

Global 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 72.72% in 2023. Horizon Databook has segmented the Global 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.


  • Global Abaca Pulp Product Outlook (Revenue, USD Million, 2018-2030)
    • Food Preparation Papers (Tea Bag, Filter Paper)
    • Medical Filter Papers
    • Other Products

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Target buyers of Global 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.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global abaca pulp market , including forecasts for subscribers. This global databook contains high-level insights into Global abaca pulp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global abaca pulp market size, by region, 2018-2030 (US$M)

Top 10 countries: Abaca pulp market size, 2023 (US$M)

Global abaca pulp market share, by product, 2023 & 2030 (%, US$M)

Abaca Pulp Market: Opportunity Assessment By Country

Global abaca pulp market, by region, 2023 (US$M)

Global abaca pulp market size, by region, 2018-2030 (US$M)

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