Market Overview:
The global banana fibre extractor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for banana fibre extractors from various end-use industries, such as textile industry, pulp and paper industry, packaging industry, and others. In terms of type, the light machinery segment is projected to register higher growth rates during the forecast period as compared to heavy machinery segment. However, in terms of revenue share generated by both segments together in 2018, heavy machinery segment is expected to dominate the global banana fibre extractor market.
Product Definition:
Banana Fibre Extractor is a machine that extracts the fibre from banana peels. The extracted fibre can be used to make paper, textiles and biodegradable plastics.
Light Machinery:
Light machinery is a category of farm equipment that includes vehicles with zero or minimal ploughing and seeding capabilities. The primary function of light machinery is to move the banana plants from one place to another during the cultivation process. It also provides transportation facilities for workers and supplies, thereby playing an important role in banana fiber extraction as it helps in maintaining hygiene and sanitation while transporting raw materials from farms to processing centers.
Heavy Machinery:
Heavy machinery is used to peel the banana skins. It consists of conveyor belt, crushing machine, pulverizer and others. The main function of this equipment is to break down the fruit so that it can be easily processed.
The different types of heavy machinery are crushing machines, pulverizers and others such as feeders & pre-crushing systems for fruits like peaches or grapes before they are sent for juice or wine making process respectively.
Application Insights:
The textile industry dominated the global banana fibre extractor market, accounting for over 45% of the overall revenue in 2017. The growth can be attributed to increasing demand for readymade clothing and other products among a growing population across the globe. Moreover, rising demand from developing countries such as China and India is expected to fuel product demand over the forecast period.
Pulp and paper industry emerged as another prominent segment in 2017 with a share of around 30%. This segment is expected to witness significant growth on account of rising consumption of pulp & paper products including tissue papers, newsprint and packaging materials among others. In addition, high demand for recycled papers has also been driving product adoption in this segment since 1995.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Bangladesh, Myanmar and Vietnam. Rapidly expanding textile industry in these countries coupled with growing consumer spending on clothing has led to a significant rise in demand for banana fibre extractors over the past few years.
The Asia Pacific market was followed by Europe which accounted for 24% of total revenue share in 2017 owing to high consumption of packaged foods such as ready-to-eat meals and snacks along with increasing demand from textiles industry due to rising population across this region.
Growth Factors:
- Increasing demand for natural fibers from the textile industry
- Rising awareness about the benefits of banana fiber extractor among consumers
- Growing popularity of eco-friendly products among consumers
- Technological advancements in banana fiber extractor manufacturing process
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Banana Fibre Extractor Market Research Report
By Type
Light Machinery, Heavy Machinery
By Application
Textile Industry, Pulp and Paper Industry, Packaging Industry, Others
By Companies
Yellow Pallet, Sigmatech Engineering, Riddhi Enterprise, Kentech, Sagi Enterprises, Tech Pro Engineering Services, BANANA STAR, Romiter Machinery, Zhengzhou Shuliy Machinery, Zhanjiang Weida Machinery Industry
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Banana Fibre Extractor Market Report Segments:
The global Banana Fibre Extractor market is segmented on the basis of:
Types
Light Machinery, Heavy Machinery
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
Textile Industry, Pulp and Paper Industry, Packaging Industry, 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:
- Yellow Pallet
- Sigmatech Engineering
- Riddhi Enterprise
- Kentech
- Sagi Enterprises
- Tech Pro Engineering Services
- BANANA STAR
- Romiter Machinery
- Zhengzhou Shuliy Machinery
- Zhanjiang Weida Machinery Industry
Highlights of The Banana Fibre Extractor 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:
- Light Machinery
- Heavy Machinery
- By Application:
- Textile Industry
- Pulp and Paper Industry
- Packaging Industry
- 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 Fibre Extractor 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 fibre extractor is a machine that uses the natural properties of banana to remove fibres from various materials. The extractor can be used to remove fibres from clothes, paper, plastic and other materials.
Some of the key players operating in the banana fibre extractor market are Yellow Pallet, Sigmatech Engineering, Riddhi Enterprise, Kentech, Sagi Enterprises, Tech Pro Engineering Services, BANANA STAR, Romiter Machinery, Zhengzhou Shuliy Machinery, Zhanjiang Weida Machinery Industry.
The banana fibre extractor market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Banana Fibre Extractor 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 Fibre Extractor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Banana Fibre Extractor Market - Supply Chain
4.5. Global Banana Fibre Extractor Market Forecast
4.5.1. Banana Fibre Extractor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Banana Fibre Extractor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Banana Fibre Extractor Market Absolute $ Opportunity
5. Global Banana Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Type
5.3.1. Light Machinery
5.3.2. Heavy Machinery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Banana Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Application
6.3.1. Textile Industry
6.3.2. Pulp and Paper Industry
6.3.3. Packaging Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Banana Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor Demand Share Forecast, 2019-2026
9. North America Banana Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Application
9.4.1. Textile Industry
9.4.2. Pulp and Paper Industry
9.4.3. Packaging Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Banana Fibre Extractor Market Size and Volume Forecast by Type
9.7.1. Light Machinery
9.7.2. Heavy Machinery
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 Fibre Extractor Demand Share Forecast, 2019-2026
10. Latin America Banana Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Application
10.4.1. Textile Industry
10.4.2. Pulp and Paper Industry
10.4.3. Packaging Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Banana Fibre Extractor Market Size and Volume Forecast by Type
10.7.1. Light Machinery
10.7.2. Heavy Machinery
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 Fibre Extractor Demand Share Forecast, 2019-2026
11. Europe Banana Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Application
11.4.1. Textile Industry
11.4.2. Pulp and Paper Industry
11.4.3. Packaging Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Banana Fibre Extractor Market Size and Volume Forecast by Type
11.7.1. Light Machinery
11.7.2. Heavy Machinery
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projecions 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 Fibre Extractor Demand Share, 2019-2026
12. Asia Pacific Banana Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Application
12.4.1. Textile Industry
12.4.2. Pulp and Paper Industry
12.4.3. Packaging Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Banana Fibre Extractor Market Size and Volume Forecast by Type
12.7.1. Light Machinery
12.7.2. Heavy Machinery
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 Fibre Extractor Demand Share, 2019-2026
13. Middle East & Africa Banana Fibre Extractor 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 Fibre Extractor 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 Fibre Extractor Market Size and Volume Forecast by Application
13.4.1. Textile Industry
13.4.2. Pulp and Paper Industry
13.4.3. Packaging Industry
13.4.4. 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 Fibre Extractor Market Size and Volume Forecast by Type
13.7.1. Light Machinery
13.7.2. Heavy Machinery
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 Fibre Extractor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Banana Fibre Extractor Market: Market Share Analysis
14.2. Banana Fibre Extractor Distributors and Customers
14.3. Banana Fibre Extractor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yellow Pallet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sigmatech Engineering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Riddhi Enterprise
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kentech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sagi 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. Tech Pro Engineering Services
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BANANA STAR
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Romiter Machinery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhengzhou Shuliy Machinery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhanjiang Weida Machinery Industry
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
