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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According to “Philippines Abaca Fiber Market Forecast & Opportunities, 2019”, the abaca fiber market is projected to grow at a CAGR of around 5.7% till 2019. Presently, the pulp manufacturing industry is the leading end-user of abaca fiber, followed by cordage manufacturing and fiber craft industry. Among the leading abaca fiber suppliers, Ching Bee Trading Corporation dominates the market by offering the best quality abaca fiber products to its consumers, followed by Tag Fibers, Inc. and Selinrail International. Manila province is the largest demand generator for abaca fiber in the Philippines, followed by Catanduanes, Leyte and Davao City.“Philippines Abaca Fiber Market Forecast & Opportunities, 2019” elaborates the following aspects related to abaca fiber market in Philippines:

  • 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
Why You Should Buy This Report?
  • 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
  • To help industry consultants, distributors and dealers to align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs     
Report Methodology 

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with abaca fiber producers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

1.    Research Methodology

2.     Analyst View

3.     Abaca Fiber Product Overview

4.     Global Abaca Fiber Production Overview

5.     Philippines Abaca Fiber Market Outlook

5.1.   Production, By Volume

5.2.   Market Size & Forecast

5.2.1. By Value

5.2.2. By Volume

5.3.   Market Share & Forecast

5.3.1. By Company

5.3.2. By End User

5.3.3. By Grade

5.3.4. By Region

5.4.   Price Point Analysis

6.     Philippines Abaca Fiber Used in Pulp Industry - Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.1.3. By Application

7.     Philippines Abaca Fiber Used in Cordage Industry - Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2.   Price Point Analysis

8.     Philippines Abaca Fiber Used in Fiber Craft Industry - Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.1.3. By Application

8.2.   Price Point Analysis

9.     Market Dynamics

9.1.   Drivers

9.2.   Challenges

10.  Market Trends& Developments

10.1. Widening Applications

10.2. Growing Interest towards Greener Products

10.3. Environment Protection

10.4. Government Support

10.5. Rising Investments

11.  Supply Chain Analysis

12.  Import & ExportAnalysis

13.  Policy & Regulatory Landscape

14.  Comparative Landscape

15.  Company Profiles

15.1. Ching Bee Trading Corporation

15.2. Tag Fibers, Inc.

15.3. MAP Enterprises, Inc.

15.4. Yzen Handicraft Export Trading

15.5. Peral Enterprises

15.6. Selinrail International Trading

16.  Strategic Recommendations

17.  Annexures

  • List of Figures

     

    Figure 1: Global Abaca Fiber Production, By Volume, 2009–2019F (Thousand Tons)

    Figure 2: Philippines Abaca Fiber Production, By Volume, 2009–2019F (Thousand Tons)

    Figure 3: Philippines Abaca Fiber Market Size, By Value, 2009–2019F (USD Million)

    Figure 4: Abaca Fiber Average Selling Price Trend in Philippines, 2009-13

    Figure 5: Average Prices of Abaca Fiber in Philippines, By Segment, 2011-13 (USD per Ton)

    Figure 6: Global Abaca Fiber Market Share, By Country, By Volume, 2013

    Figure 7: Philippines Abaca Fiber Market Size, By Volume, 2009–2019F (Thousand Tons)

    Figure 8: Philippines Abaca Fiber Market Share, By Company, By Value, 2013

    Figure 9: Philippines Abaca Fiber Market Share, By Company, By Value, 2019F

    Figure 10: Philippines Abaca Fiber Market Share, By End User, By Volume, 2013

    Figure 11: Philippines Abaca Fiber Market Share, By End User, By Volume, 2019F

    Figure 12: Philippines Abaca Fiber Market Share, By Grade, By Volume, 2013

    Figure 13: Philippines Abaca Fiber Market Share, By Grade, By Volume, 2019F

    Figure 14: Philippines Abaca Fiber Market Share, By Region, By Volume, 2013 & 2019F

    Figure 15: Philippines Abaca Fiber Average Market Price, 2009 – 2019F (USD/Ton)

    Figure 16: Philippines Abaca Fiber Used in Pulp Industry, Market Size, By Value, 2009–2019F (USD Million)

    Figure 17: Philippines Abaca Fiber Used in Pulp Industry, Market Size, By Volume, By 2009–2019F (Thousand Tons)

    Figure 18: Philippines Abaca Fiber Used in Pulp Industry, Market Share, By Volume, 2013 & 2019F

    Figure 19: Philippines Average Prices of Abaca Fiber Used in Pulp Industry, 2009–2019F (USD/Ton)

    Figure 20: Philippines Abaca Fiber Used in Cordage Industry, Market Size, By Value, 2009–2019F (USD Million)

    Figure 21: Philippines Abaca Fiber Used in Cordage Industry, Market Size, By Volume, 2009–2019F (Thousand Tons)

    Figure 22: Philippines Abaca Fiber Used in Cordage Industry, Market Share, By Volume, 2013 & 2019F

    Figure 23: Philippines Average Prices of Abaca Fiber Used in Cordage Industry, By Value,

    2009–2019F (USD/Ton)

    Figure 24: Philippines Abaca Fiber Used in Fiber Craft Industry, Market Size, By Value, 2009–2019F (USD Million)

    Figure 25: Philippines Abaca Fiber Used in Fiber Craft Industry, Market Size, By Volume,

    2009–2019F (Thousand Tons)

    Figure 26: Philippines Abaca Fiber Used in Fiber Craft Industry, Market Share, By Volume, 2013 & 2019F

    Figure 27: Philippines Average Prices of Abaca Fiber Used in Fiber Craft Industry, 2009–2019F (USD/Ton)

    Figure 28: Number of Global Sustainability Development Initiatives, By Country 2013-14

    Figure 29: Philippines Abaca Fiber Exports, By Volume, 2009-2012 (Thousand Tons)

    Figure 30: Philippines Pulp and Cordage Exports, By Volume, 2009-2012 (Thousand Tons)

     

    List of Tables

    Table 1: Philippines Abaca Manufacturing Units

    Table 2: Philippines Abaca Fiber Manufacturer Details

    Table 3: Major Export Markets, Selinrail International Trading, 2013

    Table 4: Major Export Markets, MAP Enterprises, 2013

    Table 5: Major Export Markets, YzenHandicraft Export Trading, 2013