Banana Fiber Market Accelerates as Demand Grows for Sustainable and Eco-Friendly Textiles

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 is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

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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.

In terms of production side, this report researches the Banana Fiber production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Banana Fiber by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

By Type
• Primary Colors
• Dyeing

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

Key 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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This release was published on openPR.