Eco Fiber Trends and Forecast
The future of the global eco fiber market looks promising with opportunities in the textiles/apparel, industrial, medical, and household & furnishing markets. The global eco fiber market is expected to reach an estimated $59.9 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are the increasing usage of man-made cellulosic fibers in the garment industry, rising popularity of organic cotton, as well as, growing consumer demand for organic apparel and recycled clothes, together with rising knowledge of sustainable textile production.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Eco Fiber by Segment
The study includes a forecast for the global eco fiber by product, application, and region.
Eco Fiber Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Organic
• Manmade/Regenerated
• Recycled
• Natural
Eco Fiber Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Textiles/Apparel
• Industrial
• Medical
• Household & Furnishing
• Others
Eco Fiber Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Eco Fiber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies eco fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the eco fiber companies profiled in this report include-
• Lenzing
• US Fibers
• Polyfibre Industries
• Grasim Industries
• Wellman Advanced Materials
• Shanghai Tenbro Bamboo Textile
• China Bambro Textile
• Teijin
• UNIFI
• Komal Fibers
Eco Fiber Market Insights
Lucintel forecasts that organic is expected to witness the highest growth over the forecast period due to its exceptional properties, organic cotton is the most widely utilized eco fiber across a wide range of end-use sectors.
Within this market, textiles/apparel will remain the largest segment due to the rapidly increasing demand for clothes/garments across the globe, along with the high demand for casual wear, formal wear, and fashionable clothing among all age groups.
APAC will remain the largest region over the forecast period due to expanding demand for eco-friendly textile products and the expansion of the textile and clothing industries in this area.
Features of the Global Eco Fiber Market
Market Size Estimates: Eco fiber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Eco fiber market size by product, application, and region in terms of value ($B).
Regional Analysis: Eco fiber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the eco fiber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the eco fiber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the eco fiber market size?
Answer: The global eco fiber market is expected to reach an estimated $59.9 billion by 2030.
Q2. What is the growth forecast for eco fiber market?
Answer: The global eco fiber market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the eco fiber market?
Answer: The major drivers for this market are the increasing usage of man-made cellulosic fibers in the garment industry, rising popularity of organic cotton, as well as, growing consumer demand for organic apparel and recycled clothes, together with rising knowledge of sustainable textile production.
Q4. What are the major segments for eco fiber market?
Answer: The future of the global eco fiber market looks promising with opportunities in the textiles/apparel, industrial, medical, and household & furnishing markets.
Q5. Who are the key eco fiber market companies?
Answer: Some of the key eco fiber companies are as follows:
• Lenzing
• US Fibers
• Polyfibre Industries
• Grasim Industries
• Wellman Advanced Materials
• Shanghai Tenbro Bamboo Textile
• China Bambro Textile
• Teijin
• UNIFI
• Komal Fibers
Q6. Which eco fiber market segment will be the largest in future?
Answer: Lucintel forecasts that organic is expected to witness the highest growth over the forecast period due to its exceptional properties, organic cotton is the most widely utilized eco fiber across a wide range of end-use sectors.
Q7. In eco fiber market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to expanding demand for eco-friendly textile products and the expansion of the textile and clothing industries in this area.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the eco fiber market by product (organic, manmade/regenerated, recycled, and natural), application (textiles/apparel, industrial, medical, household & furnishing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Eco Fiber Market, Eco Fiber Market Size, Eco Fiber Market Growth, Eco Fiber Market Analysis, Eco Fiber Market Report, Eco Fiber Market Share, Eco Fiber Market Trends, Eco Fiber Market Forecast, Eco Fiber Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.