Market Overview:
The global banana fiber yarn market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high quality security/currency paper, packing cloth for agriculture produce, ships towing ropes, wet drilling cables and others. Additionally, the growing awareness about environment-friendly products is also propelling the demand for banana fiber yarn globally.
Product Definition:
Banana fiber yarn is a type of yarn made from the fibers of the banana plant. It is typically used for making textiles and clothing. Banana fiber yarn is strong and durable, and it has a natural sheen that makes it look attractive. Additionally, it is soft and comfortable to wear.
Pure Spinning:
Pure spinning is a new term in the banana fiber yarn market. It means that the process of spinning has been carried out without any chemical additives or aids and no other material has been used to prepare the final product. The absence of chemicals makes it suitable for producing high quality spun fibers which are strong, durable and less likely to tear easily when being used for textile applications such as clothing, curtains or carpets.
Blended Yarn:
Blended yarn is a combination of two or more natural fibers that are mixed to obtain properties of both. The most common types of blended yarns include cotton and rayon, nylon and polyester, wool and mohair, silk and cotton etc. Banana fiber is one such example where the product obtained after processing the leaves of banana tree which consist mainly of cellulose along with some hemicellulose.
Application Insights:
Packaging cloth for agriculture produce was the largest application segment in 2017. Bananas are a major fruit crop in many countries and hence, this industry is growing across the world. This has led to an increase in demand for packaging cloths that can be used to wrap bananas without damage caused to its exterior appearance. The product helps preserve the look of the fruits and also aids in maintaining hygiene during storage and transportation of agricultural products.
The security paper application segment is expected register a significant CAGR from 2018 to 2030 owing to increased use of currency papers made from banana fiber yarns as they offer high strength, abrasion resistance, tensile strength & resilience along with durability & smoothness required by banksnote sheets worldwide due largelyto their low linting propertysthan conventional paper materials do.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to stringent regulations by various regulatory bodies such as FDA, PFA, and REACH regarding synthetic fibers being used for manufacturing packing materials. Stringent government regulations on reducing carbon footprints are expected to drive demand for biodegradable and recyclable products in North America.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due high consumption of banana fiber yarn in production of wet drilling cables required during offshore oil exploration activities across countries such as India, China, Philippines, Indonesia among others. In addition; rising number of construction projects undertaken by governments across emerging economies including China and India are anticipated drive product demand over next eight years.
Growth Factors:
- Increasing demand for natural fibers from the textile industry
- Rising awareness about the benefits of banana fiber yarn among consumers
- Growing popularity of eco-friendly and sustainable products among consumers
- Proliferation of online retail platforms that offer a wide range of banana fiber yarn products
- Expansion of global trade in banana fiber yarns
Scope Of The Report
Report Attributes
Report Details
Report Title
Banana Fiber Yarn Market Research Report
By Type
Pure Spinning, Blended Yarn
By Application
High Quality Security/ Currency Paper, Packing Cloth for Agriculture Produce, Ships Towing Ropes, Wet Drilling Cables, Others
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Banana Fiber Yarn Market Report Segments:
The global Banana Fiber Yarn market is segmented on the basis of:
Types
Pure Spinning, Blended Yarn
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Quality Security/ Currency Paper, Packing Cloth for Agriculture Produce, Ships Towing Ropes, Wet Drilling Cables, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Banana Fiber Yarn Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pure Spinning
- Blended Yarn
- By Application:
- High Quality Security/ Currency Paper
- Packing Cloth for Agriculture Produce
- Ships Towing Ropes
- Wet Drilling Cables
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Banana Fiber Yarn Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Banana fiber yarn is made from the pulp of bananas. It is a type of plant-based fiber that can be used to make fabric, yarn, and other materials.
Some of the major players in the banana fiber yarn market are 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.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Banana Fiber Yarn Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Banana Fiber Yarn Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Banana Fiber Yarn Market - Supply Chain
4.5. Global Banana Fiber Yarn Market Forecast
4.5.1. Banana Fiber Yarn Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Banana Fiber Yarn Market Size (000 Units) and Y-o-Y Growth
4.5.3. Banana Fiber Yarn Market Absolute $ Opportunity
5. Global Banana Fiber Yarn Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Banana Fiber Yarn Market Size and Volume Forecast by Type
5.3.1. Pure Spinning
5.3.2. Blended Yarn
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Banana Fiber Yarn Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Banana Fiber Yarn Market Size and Volume Forecast by Application
6.3.1. High Quality Security/ Currency Paper
6.3.2. Packing Cloth for Agriculture Produce
6.3.3. Ships Towing Ropes
6.3.4. Wet Drilling Cables
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Banana Fiber Yarn Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Banana Fiber Yarn Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Banana Fiber Yarn Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Banana Fiber Yarn Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Banana Fiber Yarn Demand Share Forecast, 2019-2026
9. North America Banana Fiber Yarn Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Banana Fiber Yarn Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Banana Fiber Yarn Market Size and Volume Forecast by Application
9.4.1. High Quality Security/ Currency Paper
9.4.2. Packing Cloth for Agriculture Produce
9.4.3. Ships Towing Ropes
9.4.4. Wet Drilling Cables
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Banana Fiber Yarn Market Size and Volume Forecast by Type
9.7.1. Pure Spinning
9.7.2. Blended Yarn
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Banana Fiber Yarn Demand Share Forecast, 2019-2026
10. Latin America Banana Fiber Yarn Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Banana Fiber Yarn Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Banana Fiber Yarn Market Size and Volume Forecast by Application
10.4.1. High Quality Security/ Currency Paper
10.4.2. Packing Cloth for Agriculture Produce
10.4.3. Ships Towing Ropes
10.4.4. Wet Drilling Cables
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Banana Fiber Yarn Market Size and Volume Forecast by Type
10.7.1. Pure Spinning
10.7.2. Blended Yarn
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Banana Fiber Yarn Demand Share Forecast, 2019-2026
11. Europe Banana Fiber Yarn Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Banana Fiber Yarn Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Banana Fiber Yarn Market Size and Volume Forecast by Application
11.4.1. High Quality Security/ Currency Paper
11.4.2. Packing Cloth for Agriculture Produce
11.4.3. Ships Towing Ropes
11.4.4. Wet Drilling Cables
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Banana Fiber Yarn Market Size and Volume Forecast by Type
11.7.1. Pure Spinning
11.7.2. Blended Yarn
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Banana Fiber Yarn Demand Share, 2019-2026
12. Asia Pacific Banana Fiber Yarn Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Banana Fiber Yarn Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Banana Fiber Yarn Market Size and Volume Forecast by Application
12.4.1. High Quality Security/ Currency Paper
12.4.2. Packing Cloth for Agriculture Produce
12.4.3. Ships Towing Ropes
12.4.4. Wet Drilling Cables
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Banana Fiber Yarn Market Size and Volume Forecast by Type
12.7.1. Pure Spinning
12.7.2. Blended Yarn
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Banana Fiber Yarn Demand Share, 2019-2026
13. Middle East & Africa Banana Fiber Yarn Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Banana Fiber Yarn Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Banana Fiber Yarn Market Size and Volume Forecast by Application
13.4.1. High Quality Security/ Currency Paper
13.4.2. Packing Cloth for Agriculture Produce
13.4.3. Ships Towing Ropes
13.4.4. Wet Drilling Cables
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Banana Fiber Yarn Market Size and Volume Forecast by Type
13.7.1. Pure Spinning
13.7.2. Blended Yarn
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Banana Fiber Yarn Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Banana Fiber Yarn Market: Market Share Analysis
14.2. Banana Fiber Yarn Distributors and Customers
14.3. Banana Fiber Yarn Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Essence Fibers
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anandi Enterprises
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Champs Agro Unit
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dindayal Ropes India
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gagana Enterprises
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sp Grace Natural
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kanha Banana
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mandakini Textile
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Paco Bioteck
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Anis Enterprise
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Trunsara Business Associates
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xinxiang Sunshining Ecotex Clothes
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shenyang Navigation Textile Chemical Fiber
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook