The global abaca fiber market size was around USD 279.86 million in 2023. The market is estimated to grow at a CAGR of 3.74% during 2024-2032 to reach a value of USD 387.70 million by 2032. This growth is driven by several factors, including rising demand for sustainable materials, increasing awareness of abaca’s unique properties, and expanding applications across various industries. This blog post delves into the intricacies of the global abaca fiber market, exploring current trends, future forecasts, and strategic insights for stakeholders. A Glimpse into the Global Abaca…
Global Abaca Fiber Market: Trends, Forecasts, and Strategies for 2024-2032
