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The global eco fiber market grew at a CAGR of around 4% during 2015-2020. 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. Looking forward, IMARC Group expects the global eco fiber market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global eco fiber market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
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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.
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