Banana Fiber Market Size, Share, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Banana Fiber Market

Banana plant not only gives the delicious fruit but it also provides textile fiber, the banana fiber. It grows easily as it sets out young shoots and is most commonly found in hot tropical climates. All varieties of banana plants have fibers in abundance. These fibers are obtained after the fruit is harvested and fall in the group of best fibers. It is mainly used by cottage industry in Southern India at present. Some driving forces include strong fiber, it has smaller elongation, it has somewhat shiny appearance depending upon the extraction & spinning process, it is light weight, and it has strong moisture absorption quality. It absorbs as well as releases moisture very fast and it is bio- degradable and has no negative effect on environment and thus can be categorized as eco-friendly fiber.
The global Banana Fiber market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Banana plant not only gives the delicious fruit but it also provides textile fiber, the banana fiber. It grows easily as it sets out young shoots and is most commonly found in hot tropical climates. All varieties of banana plants have fibers in abundance. These fibers are obtained after the fruit is harvested and fall in the group of best fibers. It is mainly used by cottage industry in Southern India at present. Some driving forces include strong fiber, it has smaller elongation, it has somewhat shiny appearance depending upon the extraction & spinning process, it is light weight, and it has strong moisture absorption quality. It absorbs as well as releases moisture very fast and it is bio- degradable and has no negative effect on environment and thus can be categorized as eco-friendly fiber.
This report aims to provide a comprehensive presentation of the global market for Banana Fiber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Banana Fiber.

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Report Scope
The Banana Fiber market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Banana Fiber market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Banana Fiber manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• Primary Colors
• Dyeing

Segment by Application
• High Quality Security/ Currency Paper
• Packing Cloth for Agriculture Produce
• Ships Towing Ropes
• Wet Drilling Cables

By Companies

Essence Fibers, Anandi Enterprises, Champs Agro Unit, Dindayal Ropes India, Gagana Enterprises, Sp Grace Natural, Kanha Banana, Mandakini Textile, Paco Bioteck, Anis Enterprise, Trunsara Business Associates, Xinxiang Sunshining Ecotex Clothes, Shenyang Navigation Textile Chemical Fiber

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