Philippines abaca fiber market is expected to grow at a steady CAGR of around 6% during the forecast period. The abaca fiber market is driven by the rising demand from various end use sectors such as the paper & pulp industry, automotive industry, among others. Furthermore, initiatives by Fiber Industry Development Authority of Philippines are projected to supplement the market growth until 2024. 

Philippines abaca fiber market is segmented based on fiber size, strand yarn, end user industry, company and region. Based on end user industry, the market can be fragmented into paper & pulp, fiber craft, cordage, automotive and others. The paper & pulp industry dominates the market owing to the increasing application of abaca fibers in manufacturing specialty paper. The cordage industry is also expected to register significant growth during forecast period attributing to the rising demand for cordage to produce ropes.

Major players operating in the abaca fiber market include Ching Bee Trading Corporation, Tag Fibers. Inc., MAP Enterprises, Inc., Yzen Handicraft Export Trading, Peral Enterprises, Selinrail International Trading and others. The companies are developing advanced technologies and launching new products to stay competitive in the market. 

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of Philippines abaca fiber market.
  • To classify and forecast Philippines abaca fiber market based on fiber size, strand yarn, end user industry, company and regional distribution.
  • To identify drivers and challenges for Philippines abaca fiber market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Philippines abaca fiber market.
  • To conduct pricing analysis for Philippines abaca fiber market.
  • To identify and analyze the profile of leading players operating in Philippines abaca fiber market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, primary research surveys were conducted with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could identify the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major abaca fiber players operating in Philippines.

TechSci Research calculated the market size of Philippines abaca fiber market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Abaca fiber manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to abaca fiber
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Philippines abaca fiber market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Fiber Size:
    • up to 3mm
    • up to 4mm
    • up to 5mm
    • up to 6mm
    • above 6mm
  • Market, By Strand Yarn:
    • 300 meter per kg
    • 350 meter per kg
    • 400 meter per kg
    • 450 meter per kg
    • 500 meter per kg
    • above 500 meter per kg
  • Market, By End User Industry:
    • Paper & Pulp
    • Fiber Craft
    • Cordage
    • Automotive
    • Others
  • Regions:

o   Central Luzon

o   Calabarzon

o   Central Visayas

o   National Capital Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Philippines abaca fiber market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Factors to be considered for product selection

4.2.  Factors influencing purchase decision

4.3.  Challenges/issues faced post purchase

4.4.  Unmet needs

5.    Global Abaca Fiber Industry Overview

5.1.  Production

5.1.1.   By Company

5.1.2.   By Country

6.    Philippines Abaca Fiber Market Outlook

6.1.  Market Size and Forecast

6.1.1.   By Value

6.1.2.   By Volume

6.2.  Market Share and Forecast

6.2.1.   By Fiber Size (up to 3mm, up to 4mm, up to 5mm, up to 6mm, above 6mm)

6.2.2.   By Strand Yarn (300 meter per kg, 350 meter per kg, 400 meter per kg, 450 meter per kg, 500 meter per kg & above 500 meter per kg)

6.2.3.   By End User Industry (Paper & Pulp, Fiber Craft, Cordage, Automotive, Others)

6.2.4.   By Company

6.2.5.   By Region

6.3.    Market Attractive Index

7.    Central Luzon Abaca Fiber Market Outlook

7.1.   Market Size and Forecast

7.1.1.   By Value

7.1.2.   By Volume

7.2.  Market Share & Forecast

7.2.1.   By Fiber Size

7.2.2.   By End User Industry

8.    National Capital Region Abaca Fiber Market Outlook

8.1.   Market Size and Forecast

8.1.1.   By Value

8.1.2.   By Volume

8.2.  Market Share & Forecast

8.2.1.   By Fiber Size

8.2.2.   By End User Industry

9.    Calabarzon Abaca Fiber Market Outlook

9.1.   Market Size and Forecast

9.1.1.   By Value

9.1.2.   By Volume

9.2.  Market Share & Forecast

9.2.1.   By Fiber Size

9.2.2.   By End User Industry

10.  Central Visayas Abaca Fiber Market Outlook

10.1.    Market Size and Forecast

10.1.1.   By Value

10.1.2.   By Volume

10.2.         Market Share & Forecast

10.2.1.   By Fiber Size

10.2.2.   By End User Industry

11.  Market Dynamics

11.1.   Drivers

11.2.   Challenges

12.  Market Trends & Developments

12.1.   Widening Applications

12.2.   Growing Interest towards Greener Products

12.3.   Environment Protection

12.4.   Government Support

12.5.   Rising Investments

13.  Supply Chain Analysis

14.  Import & Export Analysis

15.  Philippines Economic Profile

16.  Pricing Analysis

17.  Competitive Landscape

17.1.   Competition Benchmarking

17.2.   Company Profiles (Leading companies)

17.2.1.   Ching Bee Trading Corporation

17.2.2.   Tag Fibers, Inc.

17.2.3.   MAP Enterprises, Inc.

17.2.4.   Yzen Handicraft Export Trading

17.2.5.   Peral Enterprises

17.2.6.   Selinrail International Trading

18.   Strategic Recommendations

19.   About us & Disclaimer

 (Note: The companies list can be customized based on the client requirements)

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