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Table of Contents
Textiles industry has many working processes and each process makes various hazardous influences on the environment and human health. Hence, eco fabrics have been invented that do not require the use of any pesticides or chemicals to grow. Eco fiber is a thin long thread or a strand having flexible texture, exists in natural form. They are disease free and are naturally resistant to mould and mildew. All natural fibers are not eco fibers and while some man-made fibers can also be eco fibers. Some eco fibers are aloe vera, bamboo, bamboo viscose, banana, coir, corn, hemp, jute, pineapple, ramie, seacell, lenpur, lyocell, soysilk and sting plus nettle.
Eco fiber are environmental friendly as they are biodegradable. Many people are allergic or dislike wearing synthetic textiles while eco fabrics have all the properties of the new synthetic breathable fibers with added softness and drape. Eco fibers grow without any pesticides or chemical fertilizers hence are becoming more and more popular as consumer’s increasing awareness towards pollution. On application basis, eco fiber market is segmented into textiles, industrial, medical and household & furnishings. Among these, the textile segment accounted for largest share that is nearly 50% in 2023 and is anticipated to retain its dominance over the forecast period.
Asia Pacific is the largest eco fiber market followed by North America and Europe in 2023. Asia Pacific is expected to be the largest player during the forecast period in global eco fiber market. Asia Pacific holds 38% market share in 2023 and is projected to hold 50% market share in global eco fiber market by 2030. With rapidly increasing textile sector and growing popularity of sustainable textile fibers which includes organic cotton, flax, hemp, jute, sisal, abaca, and bamboo boost the global eco fiber market. Environmental damage caused by conventional fibers and environmental awareness are a major factors that are driving this market.
Eco Fiber Market : Type Segment
Eco Fiber Market : Product Type
Eco Fiber Market : Application
Global Eco Fiber Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Eco Fiber Market:
Geographical analysis of Eco Fiber Market :
Global Eco Fiber Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 99609.2 million |
Forecast Value (2031) |
USD 204210.36 million |
CAGR (2025-2030) |
10.8 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Eco Fiber Market was valued at around USD 99609.2 million in 2023 & estimated to reach USD 204210.36 million by 2030.
Eco Fiber Market is likely to grow at Compound Annual Growth Rate (CAGR) of 10.8% between 2024 to 2030.
Eco Fiber Market is dominated by the Organic Fibers segment and the Asia-Pacific region holds the highest market share in 2023.
Some of the top key players in the Eco Fiber Market are Lenzing AG (Austria), Grasim Industries Limited (India), Teijin Ltd (Japan), US Fibers (U.S.), David C. Poole Company, Inc., Foss Manufacturing Company, Polyfibre Industries, Shanghai Tenbro Bamboo Textile, Tangshan Sanyou Group Xingda Chemical Fibre, Wellman Plastics Recycling, China Bambro Textile (Group) Co., Ltd., Pilipinas Ecofiber Corporation, Foss Manufacturing Company, LLC.
Primary driving factors for the growth of the Eco Fiber Market include Rapidly increasing textile sector and growing popularity of sustainable textile fibers which includes organic cotton, flax, hemp, jute, sisal, abaca, and bamboo.
Yes, the report includes COVID 19 impact on the market.
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