Philippine Abaca Fiber Market Scrutinized & Projected by TechSci Research in New Topical Report Now Available at MarketPublishers.com15 Jan 2015 • by Natalie Aster
LONDON – Nowadays, the Philippines is the biggest abaca fiber producer in the world. In 2013, for instance, the country accounted for an 85% share of the world abaca fiber output.
Meantime, the abaca fiber consumption in the Philippines is showing stable growth across its key end-use sectors, which include fiber craft, pulp & paper, cordage and others industries. The growth is attributed to the constantly widening fiber applications.
Besides, the favorable business environment, including the investor friendly initiatives, proposed by the Fiber Industry Development Authority (FIDA), will likely contribute to the future growth of the abaca fiber market in the Philippines.
While large volumes of abaca fibers, produced in the Philippines, are used within the country, the remainder part is exported to other countries. Europe, the US and Japan are the largest importers of the Philippine abaca fiber.
The Philippine abaca fiber market is forecast to follow an upward trend through 2019, demonstrating a CAGR of nearly 5.7%. Ching Bee Trading Corporation is the major market player today, followed by Tag Fibers and Selinrail International.
Cutting-edge market research report “Philippines Abaca Fiber Market Forecast and Opportunities, 2019” worked out by TechSci Research presents an in-depth analysis of the Philippine abaca fiber market.
The insightful study offers a deep investigation of the Philippine abaca fiber market by key regions and end-use sectors, gives a detailed analysis of the key market growth drivers and opportunities. Key challenges faced by abaca fiber manufacturers are mentioned in the study, too. It provides a thorough description of abaca fiber, reveals details on its production process, investigates abaca fiber exports and imports flows and volumes, and also discloses data on the latest developments. Furthermore, the report sheds light on the regulatory and policy landscape in the Philippines, analyses the supply chain, offers a look at the competitive pattern and enlists the main abaca fiber producers in the country. Besides, future prospects of the Philippine abaca fiber market through 2018 are offered in the report.
Philippines Abaca Fiber Market Forecast and Opportunities, 2019
Published: January, 2015
Price: US$ 2,000.00
More new market research studies by the publisher can be found at TechSci Research page.