| Product Code: ETC236784 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of abaca fiber in 2024 were mainly sourced from Brazil, Tanzania, Madagascar, Kenya, and the Philippines. The market experienced a shift towards higher concentration, with a notable increase in the Herfindahl-Hirschman Index (HHI) from moderate to high in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was -11.57%, indicating a decline in demand over the period. The growth rate from 2023 to 2024 continued to be negative at -13.44%, reflecting ongoing challenges in the abaca fiber market in India.

Abaca fiber, extracted from the abaca plant, is a natural and sustainable material used in various applications, including paper production, textiles, and cordage. In India, the abaca fiber market caters to the growing demand for eco-friendly and renewable materials. As environmental consciousness rises, abaca fiber is valued for its biodegradability and strength. The market continues to evolve as more industries seek to incorporate sustainable materials into their processes, emphasizing the role of abaca fiber in India drive toward environmentally friendly practices.
The India abaca fiber market is primarily influenced by the country`s growing awareness of sustainable and eco-friendly materials. Abaca fibers, derived from the banana plant, are gaining popularity as a biodegradable and renewable alternative to traditional materials. This shift towards sustainability and green manufacturing practices is a key driver for the abaca fiber market in India.
The India abaca fiber market faces challenges related to limited domestic production and competition from other natural fibers. Abaca, derived from the banana plant, has a niche market in various industries, including textiles and specialty paper production. However, the limited cultivation of abaca in India and the competition from other natural fibers like cotton and jute can affect supply and pricing. Additionally, the market must address sustainability concerns and promote eco-friendly practices to remain attractive to environmentally conscious consumers and industries.
The abaca fiber market was negatively impacted by supply chain disruptions and reduced demand for products like paper and textiles that use abaca fiber.
The India Abaca Fiber Market sees active participation from key players such as Tagros Chemicals India Ltd, Sodis Laboratory, Bajaj Healthcare Ltd, and Atul Ltd. These companies supply abaca fiber, a natural and eco-friendly material, for various applications, including paper and textile production, contributing to sustainable practices in India industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Abaca Fiber Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Abaca Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 India Abaca Fiber Market - Industry Life Cycle |
3.4 India Abaca Fiber Market - Porter's Five Forces |
3.5 India Abaca Fiber Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 India Abaca Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Growth of the textile industry in India |
4.2.3 Rising awareness about the benefits of abaca fiber over synthetic fibers |
4.3 Market Restraints |
4.3.1 Limited availability of abaca fiber plantations in India |
4.3.2 Fluctuating prices of abaca fiber due to global market dynamics |
5 India Abaca Fiber Market Trends |
6 India Abaca Fiber Market, By Types |
6.1 India Abaca Fiber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Abaca Fiber Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Abaca Fiber Market Revenues & Volume, By Pulp & paper, 2021-2031F |
6.1.4 India Abaca Fiber Market Revenues & Volume, By Fiber Craft, 2021-2031F |
6.1.5 India Abaca Fiber Market Revenues & Volume, By Cordage, 2021-2031F |
6.1.6 India Abaca Fiber Market Revenues & Volume, By Textile, 2021-2031F |
6.1.7 India Abaca Fiber Market Revenues & Volume, By Others, 2021-2031F |
7 India Abaca Fiber Market Import-Export Trade Statistics |
7.1 India Abaca Fiber Market Export to Major Countries |
7.2 India Abaca Fiber Market Imports from Major Countries |
8 India Abaca Fiber Market Key Performance Indicators |
8.1 Adoption rate of abaca fiber by Indian textile manufacturers |
8.2 Investment in research and development for improving abaca fiber production techniques |
8.3 Percentage of Indian consumers preferring eco-friendly products |
9 India Abaca Fiber Market - Opportunity Assessment |
9.1 India Abaca Fiber Market Opportunity Assessment, By Product, 2021 & 2031F |
10 India Abaca Fiber Market - Competitive Landscape |
10.1 India Abaca Fiber Market Revenue Share, By Companies, 2024 |
10.2 India Abaca Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |