According to a research report published by Spherical Insights & Consulting, the Global Eco Fibers Market Size is Expected to Grow from USD 46.99 Billion in 2023 to USD 99.62 Billion by 2033, at a CAGR of 7.80% during the forecast period 2023-2033.

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A long, flexible, renewable material made from plants, animals, or minerals, eco fiber has a high specific stiffness, strength, and fiber aspect ratio which is also readily available from natural sources. Eco-friendly fibers used in textile and clothing applications, such as hemp, bamboo, ramie, and linen, are non-toxic, disease-free, and resistant to mold. Advanced technology has made it possible to manufacture breathable products, UV-resistant, and microbe-resistant. Increased use in home, commercial, and clothing textiles as well as investments in natural and organic fibers to reduce clothing waste are driving the market’s growth. Government rules also promote the use of organic and bio-based fibers. For instance, the PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks Scheme was introduced by the government to build world-class infrastructure, including plug-and-play facilities, for Rs. 4445 crores throughout 2027–2028. The goal is to create an integrated textiles value chain from spinning to garment manufacturing at a single location. Bamboo, sisal, cotton, and jute are examples of eco-friendly fibers that are vital for textile and apparel applications. Increasingly popular in industries such as textiles, home furnishings, and industry, these sustainable fibers which include organic and regenerated materials are made without the use of chemical pesticides and fertilizers. The demand for eco-fibers is being driven by the fast expansion of the fashion, textile, automotive, and medical industries. High levels of disposable income, population growth, and environmental concerns are driving growth in China, India, South Africa, and Southeast Asia. However, the affordability of alternatives like cotton, polyester, and nylon limits the growth of the eco-fiber market, and the high costs of production and farming fuel a move toward synthetic fibers.

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Browse key industry insights spread across 240 pages with 130 Market data tables and figures & charts from the report on the Global Eco Fibers Market Size, Share, and COVID-19 Impact Analysis, By Type (Regenerated fibers, Recycled fibers, Organic fibers), By Application (Textile/Clothing, Household Furnishings, Industrial, Medical), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032

The regenerated fibers segment is predicted to hold the greatest market share through the forecast period.

Based on the type, the eco fibers market is classified into regenerated fibers, recycled fibers, and organic fibers. Among these, the regenerated fibers segment is predicted to hold the fastest market share through the forecast period. Growing consumer demand for environmentally friendly, sustainable products is fueling the growth of regenerated cellulosic fiber. It is an appropriate substitute due to its exceptional qualities, which include high wet tenacity, absorbency, softness, shine, ease of dyeing, and biodegradability.

The textile segment is anticipated to hold the greatest market share during the projected timeframe. 

Based on the application, the eco fibers market is divided into textile/clothing, household furnishings, industrial, and medical. Among these, the textile segment is anticipated to hold the largest market share during the projected timeframe. The demand for eco-friendly textiles, such as shirts, jackets, and children’s clothes, is rising due to the demand for apparel worldwide. The growing appeal of luxury and current fashion trends is predicted to fuel a boom in the textile industry for stylish, formal, and casual clothing.

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Asia Pacific is estimated to hold the largest share of the eco fibers market over the forecast period.

Asia Pacific is estimated to hold the largest share of the eco fibers market over the forecast period. The growing demand for sustainable textiles and apparel in major economies like China, Japan, Australia, and India is predicted to fuel the growth of the eco-fiber market. However, the growth of eco-fiber may be hindered by the growing use of polyester, acrylic, and viscose for technical and domestic applications. The need for textiles in clothing and fashion applications is expected to rise, though.

North America is predicted to have the fastest CAGR growth in the eco fibers market over the forecast period. Demand for eco-fiber is rising in the fields of textiles, industry, medicine, packaging, and homes. Regional market growth is driven by factors such as environmental awareness, sports apparel development, and an aging population.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global eco fibers along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the eco fibers market include Sateri, Lenzing AG, Universal Fibers Inc., Aditya Birla Management Corporation Pvt. Ltd, Grasim Industries Ltd., Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd., US Fibers, Teijin Limited., Polyfiber Industries Limited, David C Poole Company Inc., Wellman Advanced Materials, Shanghai Tenbro Bamboo Textile Co. Ltd., China Bambro Textile (Group) Co., Ltd., Pilipinas Ecofiber Corporation, Foss Performance Materials, and Others.

Recent Development

• In May 2024, TENCEL’s manufacturer, Lenzing, recently unveiled a new TENCEL fiber variant with stretch properties, expanding the market for eco-friendly stretch materials.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the eco fibers market based on the below-mentioned segments:

Global Eco Fibers Market, By Type

• Regenerated fibers
• Recycled fibers
• Organic fibers

Global Eco Fibers Market, By Application

• Textile/Clothing
• Household Furnishings
• Industrial, Medical

Global Eco Fibers Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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