According to Cognitive Market Research, The Global Sisal Fiber market size is USD 1.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The demand for sisal fiber is rising due to the rising demand for eco-friendly fiber.
Demand for the spin & carpet industry remains higher in the sisal fiber market.
The higher-grade fiber category held the highest sisal fiber market revenue share in 2023.
Asia-Pacific will continue to lead, whereas the North America sisal fiber market will experience the strongest growth until 2030.