Vietnam Sisal Market (2025-2031) Outlook | Value, Share, Size, Trends, Companies, Forecast, Industry, Revenue, Analysis, Growth

Market Forecast By Product Type (Lower-grade Fiber, Medium-grade Fiber, Higher-grade Fiber), By Application (Paper, Automotive, Pharmaceuticals, Textiles, Construction, Other Applications) And Competitive Landscape
Product Code: ETC216570 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Sisal Market Competition 2023

Vietnam Sisal market currently, in 2023, has witnessed an HHI of 2745, Which has increased slightly as compared to the HHI of 2367 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.

 Vietnam Sisal Market Competition 2023

Vietnam Export Potential Assessment For Sisal Market (Values in USD Thousand)


Vietnam Export Potential Assessment For Sisal Market (Values in USD Thousand)

Vietnam Sisal Market Synopsis

Sisal, a natural fiber extracted from the leaves of the sisal plant, finds applications in various industries, including agriculture, construction, and handicrafts. The Vietnam sisal market supplies sisal fibers and products such as ropes, twines, and mats. Sisal`s durability and eco-friendly properties make it a preferred choice in sectors seeking sustainable materials. The market focuses on promoting the versatility and environmental benefits of sisal.

Drivers of the Market

The growth of the Vietnam sisal market is propelled by the agriculture sector, sustainable fiber production, and the versatility of sisal fibers. Sisal fibers are extracted from the leaves of the sisal plant and are used in various applications, including rope, twine, and agricultural materials. The agriculture industry`s need for durable and biodegradable materials, the eco-friendly characteristics of sisal, and its suitability for diverse applications contribute to the market`s growth as agricultural and industrial sectors incorporate sisal fibers into their products and processes.

Challenges of the Market

In the Vietnam straw market, challenges stem from environmental concerns and consumer preferences. Traditional plastic straws are facing backlash due to their environmental impact. Manufacturers in this market must focus on eco-friendly alternatives like paper, bamboo, or stainless steel straws to align with changing consumer preferences.

COVID-19 Impact on the Market

The Vietnam sisal market encountered challenges during the COVID-19 pandemic as export activities were disrupted. Reduced global demand for sisal products and supply chain challenges influenced the market. Sisal product manufacturers in Vietnam adapted by exploring domestic markets and emphasizing the sustainability of sisal. As global demand recovers and consumer preferences for eco-friendly materials return, the sisal market is expected to stabilize.

Key Players in the Market

Key players in the Vietnam sisal market include both domestic sisal growers and manufacturers of sisal products. Domestic companies like Tien Giang Sisal Import-Export Company play a vital role in cultivating and processing sisal fiber for various applications, including agricultural twine and handicrafts, within Vietnam. Additionally, international buyers and traders of Vietnamese sisal products are influential players in promoting sustainable and eco-friendly sisal solutions in global markets.

Key Highlights of the Report:

  • Vietnam Sisal Market Outlook
  • Market Size of Vietnam Sisal Market, 2024
  • Forecast of Vietnam Sisal Market, 2031
  • Historical Data and Forecast of Vietnam Sisal Revenues & Volume for the Period 2021-2031
  • Vietnam Sisal Market Trend Evolution
  • Vietnam Sisal Market Drivers and Challenges
  • Vietnam Sisal Price Trends
  • Vietnam Sisal Porter's Five Forces
  • Vietnam Sisal Industry Life Cycle
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Lower-grade Fiber for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Medium-grade Fiber for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Higher-grade Fiber for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Paper for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Textiles for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Sisal Market Revenues & Volume By Other Applications for the Period 2021-2031
  • Vietnam Sisal Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Vietnam Sisal Top Companies Market Share
  • Vietnam Sisal Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Sisal Company Profiles
  • Vietnam Sisal Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Sisal Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Sisal Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Vietnam Sisal Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Sisal Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Sisal Market - Industry Life Cycle

3.4 Vietnam Sisal Market - Porter's Five Forces

3.5 Vietnam Sisal Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Vietnam Sisal Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Vietnam Sisal Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for eco-friendly and sustainable products

4.2.2 Increasing awareness about the benefits of sisal fibers in various industries

4.2.3 Government support and initiatives promoting the use of natural fibers like sisal

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices affecting production costs

4.3.2 Competition from synthetic fibers in the market

4.3.3 Lack of advanced technology and infrastructure for sisal processing

5 Vietnam Sisal Market Trends

6 Vietnam Sisal Market, By Types

6.1 Vietnam Sisal Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Sisal Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 Vietnam Sisal Market Revenues & Volume, By Lower-grade Fiber, 2021-2031F

6.1.4 Vietnam Sisal Market Revenues & Volume, By Medium-grade Fiber, 2021-2031F

6.1.5 Vietnam Sisal Market Revenues & Volume, By Higher-grade Fiber, 2021-2031F

6.2 Vietnam Sisal Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Sisal Market Revenues & Volume, By Paper, 2021-2031F

6.2.3 Vietnam Sisal Market Revenues & Volume, By Automotive, 2021-2031F

6.2.4 Vietnam Sisal Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.5 Vietnam Sisal Market Revenues & Volume, By Textiles, 2021-2031F

6.2.6 Vietnam Sisal Market Revenues & Volume, By Construction, 2021-2031F

6.2.7 Vietnam Sisal Market Revenues & Volume, By Other Applications, 2021-2031F

7 Vietnam Sisal Market Import-Export Trade Statistics

7.1 Vietnam Sisal Market Export to Major Countries

7.2 Vietnam Sisal Market Imports from Major Countries

8 Vietnam Sisal Market Key Performance Indicators

8.1 Percentage increase in the adoption of sisal fibers in industries over time

8.2 Research and development investment in sisal processing technologies

8.3 Number of government policies supporting the cultivation and usage of sisal fibers

9 Vietnam Sisal Market - Opportunity Assessment

9.1 Vietnam Sisal Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Vietnam Sisal Market Opportunity Assessment, By Application, 2021 & 2031F

10 Vietnam Sisal Market - Competitive Landscape

10.1 Vietnam Sisal Market Revenue Share, By Companies, 2024

10.2 Vietnam Sisal Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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