The global banana fiber market is segmented on the applications, distribution channels, and regions. India is the world’s largest banana producer with an annual output of 24.8 million tonnes followed by China, Philippines, Ecuador, and Brazil. India accounts for 22 percent of global banana production. Philippines and Japan are the countries using banana fiber on a large scale for commercial production of a variety of textile items
Global Banana Paper Market 2019-2023
Banana paper is an eco-friendly paper that is used for making business cards, tape, envelopes, wrapping paper, memo cards, paper pens, greeting cards, wine labels, packaging, stickers, notebooks, and sketchbooks. The banana stem contains more than 4% usable fiber which can be used to manufacture banana paper. This is thus, a recyclable, eco-friendly, and economical solution to manufacture paper. In addition, processing chemicals are not used during the production of paper from banana fibers. Therefore, the production of paper from banana fibers has a minimal impact on the environment, which is expected to drive banana paper market growth over the forecast period.
Furthermore, the cost of producing banana paper is very low. The paper can either be handmade or can be produced with the help of machine. The machine helps to extract banana fiber, which is ultimately used for the production of paper. The cost of the banana fiber extracting machine is low and can easily be operated by unskilled workers. For instance, EcoPaper, one of the major vendors operating in the global banana paper market, offers banana paper (100 paper sheet box) at USD 10.99. The low price of banana paper further promotes its usage in different applications such as gift wrapping, envelope making, and other stationery items. Thus, the possibility of wide-spread applications of banana paper will drive the overall market growth during the forecast period.
Recently, in India, a nationwide ban on single-use plastic products went into effect. Indian Prime Minister Narendra Modi has said his government’s goal is to make India completely free of single-use plastics by 2022. Single-use plastics are products designed to be used only once and then thrown away. These include plastic bags and products used for eating and drinking. As a biodegradable, eco-friendly and widely produced material, the banana fiber industry in India has played an untold role in making alternative products for single-use plastics including food containers, bags, basket, wrap, etc.
Banana fiber sanitary pads are considered an important invention that can save big environmental problems in India.
With its sanitary pads for the Indian market, startup company Saathi solves two problems at once. Just 16 percent of women in India use them due to poverty and other reasons, which causes health and social issues. At the same time, manufacturing them wastes millions of gallons of water, and two million tons of pads end up in landfills every year. To help with all that, Saathi’s pads are affordable, made from discarded banana tree fibers, manufactured in a sustainable way and 100 percent biodegradable.
Around a billion tonnes of banana plant stems are wasted each year, despite research indicating that it would only take 37kg of stems to produce a kilogram of fiber. In 2012, the Philippine Textile Research Institute concluded that banana plantations in the Philippines alone can generate over 300,000 tonnes of fiber.
Eco-textile company Offset Warehouse recognizes the banana’s potential and currently partners with an NGO in Nepal to ensure banana fabric production supports the artisan sector by relying on local skills, and that workers are paid fairly and operate in safe conditions.
The fabric is claimed to be nearly carbon neutral and its soft texture has been likened to hemp and bamboo. Offset Warehouse’s founder Charlie Ross says the material is perfect for jackets, skirts, and trousers.
Philippines and japan are the countries using banana fiber on a large scale for commercial banana fiber to Japan, Singapore, East Asian countries. Demand for textiles and readymade garments is increasing in India with an increase in population and spending power.
References of the history reveal that the banana fiber cloth was made around the 13th century in japan. Japan’s currency, the Yen, is made out of banana fibre. They used to produce fibres of different softness and fineness that yield yarn and textiles with different qualities for specific use in olden days extracted fibre was used for making rugs, ropes and for tying flowers.
Currently, banana fibre is widely used as a blending material in the textile sector. There’s a high demand for it in countries like the United States of America, Malaysia, Korea, the European Union and Philippines. Japan’s currency, the Yen, is made out of banana fibre. So, exporting banana fibre will bring substantial foreign exchange. Proper coordination with manufacturing units and exporting countries needs to be established and there is no doubt that this sector will bring a revolution.