PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338936
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338936
Sisal Market Share, Size, Trends, Industry Analysis Report, By Type (High Quality, Middle Quality, and Low Quality); Application; By Region; Segment Forecast, 2023-2032
The global sisal market size is expected to reach USD 1,965.31 million by 2032, according to a new study by Polaris Market Research. The report "Sisal Market Share, Size, Trends, Industry Analysis Report, By Type (High Quality, Middle Quality, and Low Quality); Application; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market is driven by the expansion of global cultural fashion trends and the desire for newly designed Sisal for every occasion, especially in more developed regions. The growing demand for customized items from consumers in various parts of the world has led to producers offering a wide variety of Sisal. Sisal is regarded as a renewable resource helping combat climate change. These plants are resistant to disease and can survive in salty environments. It is more sustainable because these plants need less fertilizer during plantation growth. Sisal has a 12-year maximum productive life, which is also advantageous because fewer pre and post-harvest losses exist. Because of its sustainability advantages, Sisal is frequently used in the industrial and commercial sectors. Sisal offers several appealing and cutting-edge elements that may accelerate the expansion of Sisal during the forecast period.
Furthermore, the byproducts of Sisal are also useful as biomass that is boosting market growth. Byproducts from the extraction of Sisal can be utilized to produce biogas, medicinal compounds, and building materials. Up to 98 percent of the plant remains after the fibers have been removed, and most of this biomass is currently washed away as garbage. Common Fund for Commodities, UNIDO, & Tanzanian sisal industry funded their first facility to use the sisal left-overs to produce biogas, power, process heat, & fertilizer to capitalize on the material's economic worth, which amounts to about 15 million tonnes yearly.
According to ongoing plant evaluations, 25% of the energy generated might be used to process Sisal, and 75% could be provided to rural houses. Decortication waste can be used as fertilizer or animal feed, including sisal juice, crushed parenchymatous tissue granules, and leaf and fiber pieces. Pharmaceutical products, including echogenic, inulin, and others, are made from the plant's juice. Therefore, the use of byproducts of Sisal for various industries also assists the market growth.
Additionally, the manufacturers have started using sisal fiber in carpets, geotextiles, general cordage, buffing cloth, specialized paper, binding materials, and strengthening agents. Sisal fiber is hugely popular for both industrial and home purposes, and it's expected to increase steadily over the next years.
Sisal Market Report Highlights
High-quality segment is anticipated to grow at a significant CAGR over the forecast period. The high strength of sisal fiber, which gives it a rough and hard appearance, is its key characteristic.
Paper industry segment held the largest market share in 2022 due to rising use to make pulp for paper .
Asia-Pacific is expected to grow at a substantial CAGR over the projected period due to the expanding textile industry and rising adoption of sisal for various verticals in the region.
Global players include GuangXi Sisal, International Fiber Corporationa, Lanktrad International, METL Group, REA Vipingo, Sisalandia Fios Naturais, Wild Fiber, and Wiggles Worth.
Polaris Market Research has segmented the Sisal market report based on type, application, and region:
Sisal, Type Outlook (Revenue - USD Million, 2019 - 2032)
- High Quality
- Middle Quality
- Low Quality
Sisal, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Paper Industry
- Medical Industry
- Automotive Industry
- Textile Industry
- Construction Industry
- Spin & Carpet Industry
- Environmental Greening Industry
- Other
Sisal, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Sisal Market Insights
- 4.1. Sisal Market - Industry Snapshot
- 4.2. Sisal Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Sisal plant is used to manufacture the carpets & ropes
- 4.2.1.2. Growing awareness of eco-friendly products
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Sisal Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Sisal Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Sisal, by Type, 2019-2032 (USD Million)
- 5.3. High Quality
- 5.3.1. Global Sisal Market, by High Quality, by Region, 2019-2032 (USD Million)
- 5.4. Middle Quality
- 5.4.1. Global Sisal Market, by Middle Quality, by Region, 2019-2032 (USD Million)
- 5.5. Low Quality
- 5.5.1. Global Sisal Market, by Low Quality, by Region, 2019-2032 (USD Million)
6. Global Sisal Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Sisal Market, by Application, 2019-2032 (USD Million)
- 6.3. Paper Industry
- 6.3.1. Global Sisal Market, by Paper Industry, by Region, 2019-2032 (USD Million)
- 6.4. Medical Industry
- 6.4.1. Global Sisal Market, by Medical Industry, by Region, 2019-2032 (USD Million)
- 6.5. Automotive Industry
- 6.5.1. Global Sisal Market, by Automotive Industry, by Region, 2019-2032 (USD Million)
- 6.6. Textile Industry
- 6.6.1. Global Sisal Market, by Textile Industry, by Region, 2019-2032 (USD Million)
- 6.7. Construction Industry
- 6.7.1. Global Sisal Market, by Construction Industry, by Region, 2019-2032 (USD Million)
- 6.8. Spin & Carpet Industry
- 6.8.1. Global Sisal Market, by Spin & Carpet Industry, by Region, 2019-2032 (USD Million)
- 6.9. Environmental Greening Industry
- 6.9.1. Global Sisal Market, by Environmental Greening Industry, by Region, 2019-2032 (USD Million)
- 6.10. Other
- 6.10.1. Global Sisal Market, by Other, by Region, 2019-2032 (USD Million)
7. Global Sisal Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Sisal Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Sisal Market - North America
- 7.3.1. North America: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.3.2. North America: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.3.3. Sisal Market - U.S.
- 7.3.3.1. U.S.: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.3.4. Sisal Market - Canada
- 7.3.4.1. Canada: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4. Sisal Market - Europe
- 7.4.1. Europe: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.2. Europe: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.3. Sisal Market - UK
- 7.4.3.1. UK: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.3.2. UK: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.4. Sisal Market - France
- 7.4.4.1. France: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.4.2. France: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.5. Sisal Market - Germany
- 7.4.5.1. Germany: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.6. Sisal Market - Italy
- 7.4.6.1. Italy: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.7. Sisal Market - Spain
- 7.4.7.1. Spain: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.8. Sisal Market - Netherlands
- 7.4.8.1. Netherlands: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.4.9. Sisal Market - Russia
- 7.4.9.1. Russia: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5. Sisal Market - Asia Pacific
- 7.5.1. Asia Pacific: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5.3. Sisal Market - China
- 7.5.3.1. China: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.3.2. China: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5.4. Sisal Market - India
- 7.5.4.1. India: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.4.2. India: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5.5. Sisal Market - Malaysia
- 7.5.5.1. Malaysia: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5.6. Sisal Market - Japan
- 7.5.6.1. Japan: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5.7. Sisal Market - Indonesia
- 7.5.7.1. Indonesia: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.5.8. Sisal Market - South Korea
- 7.5.8.1. South Korea: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.6. Sisal Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.6.3. Sisal Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.6.4. Sisal Market - UAE
- 7.6.4.1. UAE: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.6.5. Sisal Market - Israel
- 7.6.5.1. Israel: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.6.6. Sisal Market - South Africa
- 7.6.6.1. South Africa: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.7. Sisal Market - Latin America
- 7.7.1. Latin America: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.7.2. Latin America: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.7.3. Sisal Market - Mexico
- 7.7.3.1. Mexico: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.7.4. Sisal Market - Brazil
- 7.7.4.1. Brazil: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Sisal Market, by Type, 2019-2032 (USD Million)
- 7.7.5. Sisal Market - Argentina
- 7.7.5.1. Argentina: Sisal Market, by Application, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Sisal Market, by Type, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. GuangXi Sisal
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Hamilton Rios
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. International Fiber Corporationa
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Lanktrad International
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. METL
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. M. and W. Heller
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. REA Vipingo
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Sisalandia Fios Naturais
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Sisal Rugs
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. SFI Tanzania
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Wild Fiber
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Wiggles Worth and Co.Ltd
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
List of Tables
- Table 1 Global Sisal Market, by Application, 2019-2032 (USD Million)
- Table 2 Global Sisal Market, by Type, 2019-2032 (USD Million)
- Table 3 Sisal Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 4 North America: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 5 North America: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 6 U.S.: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 7 U.S.: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 8 Canada: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 9 Canada: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 10 Europe: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 11 Europe: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 12 UK: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 13 UK: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 14 France: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 15 France: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 16 Germany: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 17 Germany: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 18 Italy: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 19 Italy: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 20 Spain: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 21 Spain: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 22 Netherlands: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 23 Netherlands: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 24 Russia: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 25 Russia: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 26 Asia Pacific: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 27 Asia Pacific: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 28 China: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 29 China: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 30 India: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 31 India: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 32 Malaysia: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 33 Malaysia: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 34 Japan: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 35 Japan: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 36 Indonesia: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 37 Indonesia: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 38 South Korea: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 39 South Korea: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 40 Middle East & Africa: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 41 Middle East & Africa: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 42 Saudi Arabia: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 43 Saudi Arabia: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 44 UAE: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 45 UAE: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 46 Israel: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 47 Israel: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 48 South Africa: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 49 South Africa: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 50 Latin America: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 51 Latin America: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 52 Mexico: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 53 Mexico: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 54 Brazil: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 55 Brazil: Sisal Market, by Type, 2019-2032 (USD Million)
- Table 56 Argentina: Sisal Market, by Application, 2019-2032 (USD Million)
- Table 57 Argentina: Sisal Market, by Type, 2019-2032 (USD Million)
List of Figures
- Figure 1 Global Sisal Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Global Sisal Market, by Application, 2022 & 2032 (USD Million)
- Figure 8 Market by Type
- Figure 9 Global Sisal Market, by Type, 2022 & 2032 (USD Million)
- Figure 10 Sisal Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 11 Strategic Analysis - Sisal Market
