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Modal Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global modal fiber market is expected to exhibit a CAGR of 7.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Modal fiber refers to a semi-synthetic cellulose fiber that is primarily obtained from beech trees. It is categorized into two types: long and short fiber. Long fiber is characterized by its long length and high strength, while short fiber has a lower melting point. Modal fiber is distinguished by its exceptional softness and silk-like lustrousness. Moreover, it has high absorbency properties and is resistant to shrinkage and fading. As a result, modal fiber is mainly used in the production of apparel, home furnishings, industrial textiles, hygiene products, filters, etc.

 

 
 

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Modal Fiber Market Trends:

The significant growth in the fashion and apparel sector along with the increasing utilization of modal fiber in manufacturing sustainable clothing materials is primarily driving the global modal fiber market. Additionally, the rising adoption of modal fiber in athleisure owing to numerous associated benefits, such as improved breathability, quicker drying, thermal and chemical resistance, etc., is also catalyzing the market growth. In line with this, increasing consumer participation in sports and recreational activities is acting as a significant growth-inducing factor. Moreover, the growing prominence of modal fiber in the luxury fashion industry on account of its excellent drape quality, high-end texture, and resemblance to luxuriant silk is also propelling the global market. Apart from this, the increasing environmental consciousness coupled with the improving consumer willingness to spend more on ethical and clean fashion, is creating a positive outlook for the market. Additionally, the advent of the work-from-home model due the sudden outbreak of the COVID-19 pandemic is fueling the demand for modal fiber-based loungewear that offers enhanced comfort and improved durability. Besides this, the increasing requirement for lightweight and high-performance materials from the automotive and aerospace industries for manufacturing seat covers, door panels, headliners, etc., is further catalyzing the product demand. Moreover, the emergence of micro modal fiber, due to its high moisture-wicking, stretchability, and resistance to shrinkage characteristics, is anticipated to fuel the global modal fiber market during the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global modal fiber market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and application.

Breakup by Type:

 

 
 

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  • Long Fiber
  • Short Fiber
     

Breakup by Application:

  • Textile
  • Others
     

Breakup by Region:

 

 
 

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  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units ‘000 Tons
Segment Coverage Type, Application, Region
Region Covered North America,  Asia Pacific, Europe, Latin America, Middle East and Africa
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global modal 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 modal fiber market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • 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 modal fiber market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Modal Fiber Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Long Fiber
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Short Fiber
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Textile
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Others
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Europe
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Latin America
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: Global: Modal Fiber Market: Major Drivers and Challenges
Figure 2: Global: Modal Fiber Market: Volume Trends (in ‘000 Tons), 2016-2021
Figure 3: Global: Modal Fiber Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 4: Global: Modal Fiber Market: Breakup by Type (in %), 2021
Figure 5: Global: Modal Fiber Market: Breakup by Application (in %), 2021
Figure 6: Global: Modal Fiber Market: Breakup by Region (in %), 2021
Figure 7: Global: Modal Fiber (Long Fiber) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 8: Global: Modal Fiber (Long Fiber) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 9: Global: Modal Fiber (Short Fiber) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 10: Global: Modal Fiber (Short Fiber) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 11: Global: Modal Fiber (Textile) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 12: Global: Modal Fiber (Textile) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 13: Global: Modal Fiber (Other Applications) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 14: Global: Modal Fiber (Other Applications) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 15: North America: Modal Fiber Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 16: North America: Modal Fiber Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 17: Asia-Pacific: Modal Fiber Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 18: Asia-Pacific: Modal Fiber Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 19: Europe: Modal Fiber Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 20: Europe: Modal Fiber Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 21: Latin America: Modal Fiber Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 22: Latin America: Modal Fiber Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 23: Middle East and Africa: Modal Fiber Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 24: Middle East and Africa: Modal Fiber Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 25: Global: Modal Fiber Industry: SWOT Analysis
Figure 26: Global: Modal Fiber Industry: Value Chain Analysis
Figure 27: Global: Modal Fiber Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Modal Fiber Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Modal Fiber Market Forecast: Breakup by Type (in ‘000 Tons), 2022-2027
Table 3: Global: Modal Fiber Market Forecast: Breakup by Application (in ‘000 Tons), 2022-2027
Table 4: Global: Modal Fiber Market Forecast: Breakup by Region (in ‘000 Tons), 2022-2027
Table 5: Global: Modal Fiber Market: Competitive Structure
Table 6: Global: Modal Fiber Market: Key Players


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