The global eco fiber market is expected to exhibit a growth rate (CAGR) of 9.4% during 2023-2028.
Eco fibers are textile fabrics made without the use of pesticides and chemicals. They are human and environment-friendly fibers that are naturally resistant to mold and mildew and are disease free. Some of the most commonly used eco fibers are hemp, linen, bamboo, flax, and ramie. Eco fibers are lightweight, permeable, easy to straighten and anti-bacterial with high mechanical strength. They are used in daily wear clothing as a sustainable alternative to conventional cotton. Apart from this, eco fibers find applications across various industries, such as automotive, household and packaging.
The global eco fiber market is primarily driven by the growing demand for sustainable apparel and textiles. The rising awareness about the harmful environmental impact of using synthetic fibers has encouraged more and more clothing companies to shift toward organic or eco fibers. Besides this, stringent regulations formulated by several governments worldwide promoting the manufacturing of bio-based products have encouraged local garment manufacturers to adopt natural or greener raw materials that help lower the pollution levels. Moreover, several textile companies are focusing on introducing improved products, such as eco fibers that are highly breathable, antimicrobial, insulating hypoallergenic and UV resistant with absorbent characteristics. Some of the other factors driving the market growth include the expanding e-commerce industry, rising industrial and construction applications of eco fibers, and the growing preference for soft, smooth and shape-retaining fabrics among end users.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global eco fiber market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
Breakup by Application:
- Household and Furnishing
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being China Bambro Textile (Group) Co. Ltd., David C. Poole Company Inc., Foss Performance Materials LLC, Grasim Industries Limited (Aditya Birla Management Corporation Pvt. Ltd.), Lenzing AG, Pilipinas Ecofiber Corp., Polyfibre Industries Pvt Ltd., Shanghai Tenbro Bamboo Textile Co. Ltd., Teijin Limited, US Fibers and Wellman Advanced Materials.
|Base Year of the Analysis
||Product, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||China Bambro Textile (Group) Co. Ltd., David C. Poole Company Inc., Foss Performance Materials LLC, Grasim Industries Limited (Aditya Birla Management Corporation Pvt. Ltd.), Lenzing AG, Pilipinas Ecofiber Corp., Polyfibre Industries Pvt Ltd., Shanghai Tenbro Bamboo Textile Co. Ltd., Teijin Limited, US Fibers and Wellman Advanced Materials
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Key Questions Answered in This Report:
- How has the global eco fiber market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global eco fiber market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global eco fiber market and who are the key players?
- What is the degree of competition in the industry?