Product Code: ETC216565 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Thailand Sisal market currently, in 2023, has witnessed an HHI of 4506, Which has increased slightly as compared to the HHI of 3322 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Thailand sisal market is experiencing steady growth as sisal fibers gain popularity in various industries, including agriculture, construction, and automotive. Sisal, a natural fiber obtained from the agave plant, is highly valued for its durability and eco-friendly characteristics. In Thailand, it finds applications in the production of ropes, twines, and agricultural materials, among others. With increasing awareness of sustainable and biodegradable materials, the demand for sisal is expected to rise further in the coming years, making it a promising market for both domestic production and export opportunities.
The Thailand Sisal market is growing due to several key drivers. Firstly, sisal is a natural fiber known for its durability and versatility, making it suitable for various industrial applications. The demand for sisal is particularly strong in the manufacturing of ropes, twines, and agricultural products. Secondly, Thailand`s favorable climate for sisal cultivation and its expertise in agro-processing have made it a reliable source of high-quality sisal fiber.
The Thailand Sisal Market faces challenges related to competition and market awareness. Sisal products compete with synthetic materials, which can offer cost advantages. Additionally, sisal`s relatively low awareness among consumers and limited applications beyond traditional uses like rope and twine pose challenges for market expansion. Exploring innovative uses for sisal and effective marketing strategies are key to overcoming these obstacles.
The Thailand Sisal market faced challenges during the COVID-19 pandemic as the automotive and construction industries, which use sisal fibers for various applications, experienced reduced demand. Lockdowns and supply chain disruptions impacted production and distribution. Nevertheless, the market is recovering as industries adapt to new norms and explore sustainable alternatives. Sisal`s eco-friendly properties and versatility continue to attract buyers seeking natural fibers.
Thai Sisal Group is a key player in the Thailand Sisal market. They are renowned for their sisal fiber production and have established a strong presence in the agriculture and industrial sectors. Their commitment to sustainable farming practices and product quality has positioned them as a leader in the sisal industry.
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 Thailand Sisal Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sisal Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sisal Market - Industry Life Cycle |
3.4 Thailand Sisal Market - Porter's Five Forces |
3.5 Thailand Sisal Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Sisal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Sisal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Sisal Market Trends |
6 Thailand Sisal Market, By Types |
6.1 Thailand Sisal Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sisal Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Sisal Market Revenues & Volume, By Lower-grade Fiber, 2021-2031F |
6.1.4 Thailand Sisal Market Revenues & Volume, By Medium-grade Fiber, 2021-2031F |
6.1.5 Thailand Sisal Market Revenues & Volume, By Higher-grade Fiber, 2021-2031F |
6.2 Thailand Sisal Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sisal Market Revenues & Volume, By Paper, 2021-2031F |
6.2.3 Thailand Sisal Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Thailand Sisal Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Thailand Sisal Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Thailand Sisal Market Revenues & Volume, By Construction, 2021-2031F |
6.2.7 Thailand Sisal Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Thailand Sisal Market Import-Export Trade Statistics |
7.1 Thailand Sisal Market Export to Major Countries |
7.2 Thailand Sisal Market Imports from Major Countries |
8 Thailand Sisal Market Key Performance Indicators |
9 Thailand Sisal Market - Opportunity Assessment |
9.1 Thailand Sisal Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Sisal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Sisal Market - Competitive Landscape |
10.1 Thailand Sisal Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sisal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |