Global Eco-Fiber Market, Trends & Growth Opportunity, By Fiber Type (Organic fibers, Recycled fibers, Regenerated fibers, Natural fibers, Others), By Application (Textile, Household & Furnishing, Industrial, Medical, Others), By Region and Forecast till 2030.
Global Eco-Fiber Market
The Global Eco-Fiber Market was valued at USD 42.70 Bn in 2022 and is expected to expand to USD 77.04 Bn by 2030 at a CAGR of 7.39% during the forecast period of 2023-2030.
Eco-fibers refer to natural fibers that are produced sustainably, without causing harm to the environment. These fibers can be obtained from plants, animals, or even recycled materials. Eco-fibers are biodegradable and can be recycled, making them an eco-friendly alternative to synthetic fibers. Some examples of eco-fibers include organic cotton, bamboo, hemp, linen, wool, and recycled polyester. These fibers are often used in the production of clothing, home textiles, and other consumer goods. Eco-fibers are becoming increasingly popular as consumers are becoming more aware of the environmental impact of their choices and are looking for more sustainable options.
Market Drivers
The market for eco-fibers is being driven by factors of increasing consumer awareness about sustainable products, rising demand for eco-friendly textiles and clothing, and growing concerns about environmental pollution and waste. As consumers become more conscious about the impact of their choices on the environment, they are seeking out products that are made from sustainable and renewable resources. Eco-fibers are derived from natural sources such as plants, animals, and recycled materials, and are produced using processes that have a lower environmental impact than traditional fibers. This has led to a surge in demand for eco-fibers, particularly in the fashion industry, as consumers look for alternatives to synthetic fibers that are often derived from non-renewable sources and can have a significant impact on the environment. As a result, manufacturers are increasingly investing in the development of new and innovative eco-fibers to meet this growing demand.
Market Restraints
A few factors restraining the market’s expansion include the high cost of production compared to conventional fibers, which makes eco-fibers more expensive for consumers, and the limited availability of raw materials, as many eco-fibers are derived from natural sources such as bamboo, hemp, and organic cotton.
Additionally, the lack of awareness and education among consumers about the benefits of eco-fibers can also pose a challenge, as many people are not familiar with these alternatives to conventional fibers. Finally, the eco-fiber industry faces competition from conventional fiber producers who have a strong foothold in the market and are able to produce fibers at a lower cost due to economies of scale.
Market Segmentation
The global eco-fiber market is segmented by fiber types, such as organic fibers, recycled fibers, regenerated fibers, natural fibers, and others. Based on the application, the market is segmented into textile, household & furnishing, industrial, medical, and others.
Regional Analysis
The Asia Pacific is expected to dominate the eco-fiber market due to the presence of several leading manufacturers in countries like China, India, and Bangladesh. These countries are known for their large-scale production of eco-friendly fibers such as organic cotton, bamboo, and hemp. The Asia Pacific region is also witnessing a significant increase in demand for eco-fibers due to the growing consumer preference for sustainable and ethical products.
The North American and European markets are also expected to witness significant growth in the eco-fiber market due to the increasing awareness about environmental sustainability and the growing demand for eco-friendly clothing and textiles.
Key Players
US Fibers, Shanghai Tenbro Bamboo Textile Co Ltd, Foss Performance Materials, Lenzing AG, Wellman Advanced Materials, China Bambro Textile (Group) Co Ltd, Polyfibre Industries, Teijin Limited, David C. Poole Company Inc, Grasim Industries Ltd, Pilipinas Ecofiber Corporation, Tangshan Sanyou Group Xingda Chemical Fibre Co Ltd, Sateri, Universal Fibers Inc.
Market Taxonomy
By Fiber Type
• Organic fibers
• Recycled fibers
• Regenerated fibers
• Natural fibers
• Others
By Application
• Textile
• Household & Furnishing
• Industrial
• Medical
• Others
By Region
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)
Global Eco-Fiber Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Eco-Fiber Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Eco-Fiber Market, By Fiber Type
5.1 Y-o-Y Growth Comparison, By Fiber Type
5.2 Global Eco-Fiber Market Share Analysis, By Fiber Type
5.3 Global Eco-Fiber Market Size and Forecast, By Fiber Type
5.3.1 Organic fibers
5.3.2 Recycled fibers
5.3.3 Regenerated fibers
5.3.4 Natural fibers
5.3.5 Others
6 Global Eco-Fiber Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Eco-Fiber Market Share Analysis, By Application
6.3 Global Eco-Fiber Market Size and Forecast, By Application
6.3.1 Textile
6.3.2 Household & Furnishing
6.3.3 Industrial
6.3.4 Medical
6.3.5 Others
7 Global Eco-Fiber Market, By Region
7.1 Global Eco-Fiber Market Share Analysis, By Region
7.2 Global Eco-Fiber Market Size and Forecast, By Region
8 North America Eco-Fiber Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Eco-Fiber Market Share Analysis, By Fiber Type
8.3 North America Eco-Fiber Market Size and Forecast, By Application
8.4 North America Eco-Fiber Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Eco-Fiber Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Eco-Fiber Market Share Analysis, By Fiber Type
9.3 Europe Eco-Fiber Market Size and Forecast, By Application
9.4 Europe Eco-Fiber Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Eco-Fiber Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Eco-Fiber Market Share Analysis, By Fiber Type
10.3 Asia Pacific Eco-Fiber Market Size and Forecast, By Application
10.4 Asia Pacific Eco-Fiber Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia
11 Latin America Eco-Fiber Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Eco-Fiber Market Share Analysis, By Fiber Type
11.3 Latin America Eco-Fiber Market Size and Forecast, By Application
11.4 Latin America Eco-Fiber Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Eco-Fiber Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Eco-Fiber Market Share Analysis, By Fiber Type
12.3 Middle East Eco-Fiber Market Size and Forecast, By Application
12.4 Middle East Eco-Fiber Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 US Fibers
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Shanghai Tenbro Bamboo Textile Co Ltd
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Foss Performance Materials
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Lenzing AG
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Wellman Advanced Materials
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 China Bambro Textile (Group) Co Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Polyfibre Industries
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Teijin Limited
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 David C. Poole Company Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Grasim Industries Ltd
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Pilipinas Ecofiber Corporation
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
14.12 Tangshan Sanyou Group Xingda Chemical Fibre Co Ltd
14.12.1 Overview
14.12.2 Offerings
14.12.3 Key Financials
14.12.4 Business Segment & Geographic Overview
14.12.5 Key Market Developments
14.12.6 Key Strategies
14.13 Sateri
14.13.1 Overview
14.13.2 Offerings
14.13.3 Key Financials
14.13.4 Business Segment & Geographic Overview
14.13.5 Key Market Developments
14.13.6 Key Strategies
14.14 Universal Fibers Inc
14.14.1 Overview
14.14.2 Offerings
14.14.3 Key Financials
14.14.4 Business Segment & Geographic Overview
14.14.5 Key Market Developments
14.14.6 Key Strategies
