Sisal Market Report 2024 (Global Edition)

Global Sisal Market Report 2024 Market Size Split by Fiber Type (High Quality , Middle Quality , Low Quality), by Application (Paper Industry , Medical Industry , Automotive Industry , Textile In...

Sisal Market Report Description

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Competitive Landscape of the Sisal Market

SFI Tanzania, Lanktrad, GuangXi Sisal Group, Hamilton Rios, Wild Fibers, REA Vipingo Group, METL Group, and International Fiber Corporationa are some of the major competitors in the sisal market. To preserve and grow their market position, these businesses compete on the basis of things like product innovation, quality, distribution network, and sustainability efforts.

Sisal Industry News 

In Jan 2022, SFI Tanzania: Managing 9,145 Hectares for Sisal and Forest Plantations, Afforestation, and Sisal Fiber Processing, Employing Approximately 1,300 Staff.

(Source: https://forminternational.nl/portfolio/sfi-tanzania/)

Top Companies Market Share in Sisal Industry: (In no particular order of Rank)

• SFI Tanzania
• Lanktrad
• GuangXi Sisal Group
• Hamilton Rios
• Wild Fibers
• REA Vipingo Group
• METL Group
• International Fiber Corporationa
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of Sisal

Which Region Dominates the Sisal Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Numerous elements that have come together to foster an atmosphere that has been conducive to the expansion of the sisal sector in the area are responsible for this dominance.  North America is home to a sizable portion of the world's automobile sector, which uses sisal fibers extensively for interior components, upholstery, and reinforced plastics. The market for sisal fibers has increased as a result of the region's leading automakers adopting lightweight, sustainable materials. Stricter environmental restrictions have been implemented mostly in North America, which has accelerated the use of sustainable and eco-friendly materials like sisal fibers in a variety of sectors, including textiles, packaging, and construction. This legislative drive has increased demand for sisal-based goods in the region, as has customer enthusiasm for sustainable products. North America's dominance in the sisal fiber industry may be attributed to its well-established infrastructure and effective supply chains, which facilitate the smooth transportation and processing of sisal fibers.

Which Region Is Expanding at The Fastest CAGR?

In 2024, the sisal market segment with the quickest rate of growth will be the Asia Pacific region. This quick growth may be ascribed to a number of variables coming together to produce the perfect conditions for the sisal sector to flourish in the area. Rapid industrialization and economic expansion are occurring throughout the Asia Pacific area, especially in Southeast Asian, China, and Indian nations. The need for sisal fibers has increased due to this industrial expansion in a number of industries, including textiles, automotive, and construction. Growing public and corporate awareness of environmental sustainability in the region has led to the adoption of eco-friendly policies and products, such sisal fibers. A consistent supply of raw materials for the regional sisal industry is ensured by the excellent climatic conditions of several Asia Pacific nations, such as China and Indonesia. The area is a desirable location for the production and processing of sisal fiber as it also provides affordable labor and manufacturing resources. Sisal fiber applications are being actively explored by the Asia Pacific area, including the renewable energy sector, which is driving the growth of the market.

The current report Scope analyzes Sisal Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Sisal Market

According to Cognitive Market Research, the global sisal market size was estimated at USD 1351.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 540.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031. The sisal market in North America is expanding rapidly due to a number of causes, including the growing need for environmentally friendly materials in sectors like construction and the automotive industry, stricter laws encouraging sustainability, and growing consumer awareness of the advantages of natural fibers. The region's cutting-edge manufacturing skills and technical advancements support market expansion even more and make it possible to create new sisal-based goods and uses. Sisal use is expected to grow due in part to North America's robust presence in sectors including automotive and textile industries.

• According to Cognitive Market Research, the US had a major share in the sisal market with a market size of USD 426.44 million in 2024 and is projected to grow at a CAGR of 2.3% during the forecast period. The building and automotive sectors' growing need for sustainable materials is fueling the sisal market's expansion in the United States.
• The Canada sisal market had a market share of USD 64.86 million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. In Canada, market growth will be pushed by the country's eco-friendly initiatives, and increasing demand in the textile and construction industry.
• The Mexico sisal market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 49.18 million in 2024.

Europe Sisal Market

According to Cognitive Market Research, with a market value of USD 1351.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 405.36 million. Several growth factors impact the sisal market in Europe. Demand for natural fibers like sisal is driven by growing awareness of environmental sustainability, especially in nations with strict environmental restrictions. The sisal market is rising as a result of the increased demand for organic and eco-friendly goods in sectors including construction, automotive, and textiles.  The quality and adaptability of sisal fibers have been improved by technical developments in processing methods, increasing their appeal to European companies looking for novel materials. Government programs that support renewable resources and sustainable practices encourage investments in sisal production and use throughout the area, which in turn propels market expansion.

Within the sisal market, the textile sector emerges as the dominant category. Because of its inherent strength, durability, and eco-friendliness, sisal fibers are widely utilized in the creation of carpets, rugs, and other textile goods. The market for goods based on sisal is expanding in Europe as customers there show a growing preference for organic and ecological fabrics. Europe's textile sector is renowned for its artistry and inventiveness, producing fine textiles made of sisal that satisfy a wide range of customer tastes. The European sisal market is still largely driven by the textile sector, which also contributes to its sustainability and expansion.

• The United Kingdom sisal market had a market share of USD 68.10 million in 2024 and is projected to grow at a CAGR of 3.6% during the forecast period. Increasing demand for sustainable materials and innovative applications in several industries will boost the market growth in the UK.
• The France sisal market is projected to witness growth at a CAGR 2.0% during the forecast period with a market size of USD 37.29 million in 2024.
• According to Cognitive Market Research, the Germany sisal market size was valued at USD 80.26 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Strong industrial infrastructure, technical developments, and a focus on environmental sustainability and ecological initiatives are all beneficial to Germany's sisal market.
• The Italy sisal market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD 34.86 million in 2024.
• The Russia sisal market is projected to witness growth at a CAGR of 1.8% during the forecast period with a market size of USD 62.83 million in 2024.
• The Spain sisal market is projected to witness growth at a CAGR of 1.9% during the forecast period with a market size of USD 33.24 million in 2024.
• The Luxembourg sisal market is projected to witness growth at a CAGR of 2.9% during the forecast period with a market size of USD 12.57 million in 2024.
• The Portugal sisal market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 8.51 million in 2024.
• The Greece sisal market is projected to witness growth at a CAGR of 3.1 during the forecast period with a market size of USD 4.86 million in 2024.
• Rest of Europe Sisal market is projected to witness growth at a CAGR of 1.5% during the forecast period with a market size of USD 62.83 million in 2024.

 

Asia Pacific Sisal Market

According to Cognitive Market Research, the global sisal market size was estimated at USD 1351.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 310.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031. The sisal market has tremendous development potential in the Asia Pacific area due to a number of important factors.  Growing urbanization and population growth in the area increase demand for building supplies, necessitating the use of environmentally friendly and sustainable substitutes like sisal fibers. The use of goods based on sisal is encouraged in several industries, such as construction, automotive, and textiles, by growing public awareness of environmental sustainability and green initiatives.  The expansion of the sisal market in the area is further supported by government initiatives that favor sustainable development and renewable resource utilization.  The quality and adaptability of sisal fibers are improved by developments in production technologies and procedures, which increases their market share in Asia Pacific. Within the sisal market, the textile sector emerges as the dominant category. Sisal fibers are widely used in the creation of carpets, rugs, and other textile items since the area is a center for the production and consumption of textiles. Manufacturers looking for sustainable alternatives to synthetic fibers favor sisal because of its inherent strength, durability, and eco-friendliness. The demand for textiles made from sisal is being driven by the rising trend of eco-conscious consumerism, which is further cementing this segment's dominance in the Asia Pacific market.

• According to Cognitive Market Research, the China sisal market size was valued at USD 139.85 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. China's sisal industry is expanding as a result of the country's support for sustainable agricultural methods and growing consumer demand for environmentally friendly products.
• The Japan sisal market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 42.89 million in 2024.
• The India sisal market had a market share of USD 37.29 million in 2024 and is projected to grow at a CAGR of 8.1% during the forecast period. The promotion of natural fibers and increased awareness of environmental sustainability are driving growth in the sisal market in India.
• The South Korea sisal market is projected to witness growth at a CAGR of 5.4 % during the forecast period with a market size of USD 31.08 million in 2024.
• The Australia sisal market is projected to witness growth at a CAGR of 6.0% during the forecast period with a market size of USD 16.16 million in 2024.
• The South East Asia sisal market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 21.44 million in 2024.
• The Rest of Asia Pacific sisal market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 22.07 million in 2024.

South America Sisal Market

According to Cognitive Market Research, the global sisal market size was estimated at USD 1351.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 67.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. The sisal market has a lot of potential in Latin America thanks to a number of important development drivers.  The area is rich in natural resources and has ideal weather for sisal farming, especially in nations like Tanzania, Brazil, and Mexico. This makes manufacturing methods more effective and guarantees a consistent supply of sisal fibers of the highest caliber to satisfy both local and global demand.  Natural fibers like sisal are becoming more and more popular in Latin America's construction, automotive, and textile sectors due to rising environmental consciousness and eco-friendly methods.  The region's sisal market is growing as a result of government programs that support agricultural development and encourage sustainable practices. Within the sisal market, the Textile Industry emerges as the dominant category. Latin American countries utilize sisal fibers in their long legacy of textile manufacturing and artistry to produce a diverse array of goods, such as handicrafts, rugs, and carpets. Sisal fibers' inherent strength and durability make them especially suitable for these uses, satisfying consumer demand for premium, eco-friendly fabrics.

• According to Cognitive Market Research, the Brazil sisal market size was valued at USD 28.92 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Favorable climate conditions and government support for agricultural initiatives drive the growth of the sisal market in Brazil.
• The Argentina sisal market had a market share of USD 11.35 million in 2024 and is projected to grow at a CAGR of 4.6% during the forecast period. Increasing demand for eco-friendly materials and emphasis on sustainable agriculture contribute to the growth of the sisal market in Argentina.
• The Colombia sisal market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD 6.01 million in 2024. 
• The Peru sisal market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 5.54 million in 2024.
• The Chile sisal market is projected to witness growth at a CAGR of 4.0% during the forecast period with a market size of USD 4.86 million in 2024.
• The Rest of Latin America sisal market is projected to witness growth at a CAGR of 2.8% during the forecast period with a market size of USD 10.88 million in 2024.

Middle East and Africa Sisal Market

According to Cognitive Market Research, the global Sisal market size was estimated at USD 1351.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 27.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031. The sisal market is expanding in the Middle East and Africa (MEA) region for a number of reasons. MEA is a major global producer of sisal fibers because of the conducive climate in nations like Tanzania and Kenya, which encourage the growth of sisal plants. Demand for natural fibers like sisal is driven by growing environmental consciousness and sustainability, especially in areas where traditional agriculture is practiced. The expansion of the sisal market in MEA is further stimulated by government programs aimed at reducing dependence on synthetic materials and encouraging agro-based businesses. The sisal market's dominant section is shown to be the construction sector. Sisal fibers are frequently utilized as reinforcement in composite materials used in construction, such as geotextiles, insulating boards, and roofing materials. Sisal dominates this market because to the region's fast urbanization and infrastructure development projects, which generate a large demand for long-lasting and environmentally friendly building materials. The favorable option for building applications that sisal offers, along with its availability and affordability across the Middle East and Africa, reinforces its status as a major participant in the regional market.

• According to Cognitive Market Research, the GCC Countries sisal market size was valued at USD 11.57 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Increased building projects and government campaigns supporting sustainability and eco-friendly materials are fueling the sisal market's rise in the GCC region.
• The Egypt sisal market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 2.84 million in 2024.
• The South Africa sisal market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 4.27 million in 2024. The sisal market growth is pushed by increasing textile and automotive industries, alongside growing environmental awareness.
• The Turkey sisal market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD 2.32 million in 2024.
• The Nigeria sisal market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 2.84 million in 2024.
• The Rest of MEA sisal market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 3.19 million in 2024.

Sisal Market Analysis

Sisal By Type Segment Analysis

According to Cognitive Market Research, the sisal market's high-quality fiber-dominated segment continues to be a major source of growth and income. Superior strength, consistency, and longevity make premium sisal fibers highly sought after, and they are perfect for high-end applications in a variety of sectors, including textiles, construction, and automotive. High-quality sisal is valued for its dependability and performance by both manufacturers and customers, which supports its enduring demand and premium pricing. High-quality sisal is in greater demand because to the growing emphasis on sustainability, as consumers and companies choose natural materials over synthetic ones.

The middle-quality fiber category is the one with the quickest rate of growth in the sisal market. This market segment serves a wide range of applications in sectors including paper manufacture, agricultural twine, and handicrafts by providing a balance between quality and price. Middle-grade sisal fibers are becoming more and more in demand as developing countries and emerging markets keep strengthening their industrial and agricultural sectors to suit a variety of demands at reasonable prices. Improvements in processing techniques have raised the caliber and uniformity of sisal fibers of a moderate caliber, which has increased consumer demand and market expansion.

• High Quality 
• Middle Quality 
• Low Quality

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sisal Industry. Request a Free Sample PDF!

Sisal By Application Segment Analysis

According to Cognitive Market Research, the sisal market is dominated by the textile sector, which is primarily responsible for the widespread use of sisal fibers in the manufacturing of carpets, rugs, mats, and accessories. Because of its inherent strength and resilience, sisal is a perfect material for these kinds of uses, offering durable and environmentally friendly substitutes for synthetic fibers.  The dominance of this market is fueled by the expanding customer preferences for eco-friendly and organic fabrics, which in turn drives demand for sisal-based goods. Important firms in the textile sector take advantage of sisal's qualities to provide a broad range of creative and visually beautiful goods that satisfy a variety of customer demands and tastes. 

The quickest growth, according to the forecast, will be experienced within the environmental greening industry. The demand for eco-friendly solutions in erosion control, soil stabilization and landscape design has been steadily increasing as the global society continues to focus on environmental conservation and sustainability. In place of synthetic materials that were used commonly for environmental greening applications, sisal fibers with their natural and biodegradable attributes have become attractive options. For instance, these fibers work well in preventing soil erosion by making use of them in geotextiles and erosion control blankets among other methods employed to combat this problem while at the same time promoting vegetation growth. Sisal fibers come in handy when making biodegradable plant containers and soil conditioners hence enhancing sustainable horticultural practices. The increased awareness about environmental conservation accompanied by government initiatives and strict eco-friendly regulations has resulted into an increase in demand for sisal-based products within the environmental greening industry. This product segment has witnessed new opportunities as sisal fibers can now be used in various applications such as green roofing and natural fiber composites.

• Paper Industry 
• Medical Industry 
• Automotive Industry 
• Textile Industry 
• Construction Industry 
• Spin & Carpet Industry 
• Environmental Greening Industry 
• Other

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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