Eco fibers market is anticipated to grow at a considerable CAGR of 8% during the forecast period. Due to stringent environmental regulations formulated by the government, garment manufacturers are inclining towards adopting bio-based and organic fibers thereby augmenting the eco fiber market growth. Government imposes regulations on the manufacturing as well as disposal of synthetic sources of fiber production which is leading to adoption of various alternatives such as organic cotton, hemp, and other sources of eco fibers. This rising demand for sustainable fibers leads to the adoption of environment-friendly techniques by different end users. In addition to governmental regulations textile manufacturers are investing in organic and natural eco fibers to avoid clothing waste which is anticipated to fuel the market growth over the forecast period.
Segmental Outlook
The global eco fibers market is segmented based on the type, and application. Based on the type, the market is segmented into organic fibers, recycled fibers, regenerated fibers, and others. Further, based on the application, the market is sub-segmented into clothing/textile, household & furnishings, industrial, medical, and others. Among the application segment, the clothing/textile sub-segment is expected to cater prominent market share over the forecast period owing to the high demand for fashionable clothing, especially among the youth and adult populace.
The clothing/textile application segment is anticipated to hold a prominent share of the market owing to the high demand for fashionable clothing among all age groups globally. Eco fibers are gaining traction in apparel and garments due to their offering and characteristics such as antimicrobial, breathable, hypoallergenic, insulating, UV resistant, and absorbent. These characteristics promote the importance of eco fibers in the clothing industry. Furthermore, increasing the availability of different clothing varieties made from organic and natural fibers for infants and children is another significant factor driving the segment growth. For instance, in 2022, Indian kidswear brand Scram launched a collection of organic cotton t-shirts for boys and girls. Through this launch, the company aims to expand its existing range of kids' clothing items which includes tees, tops, joggers, leggings, sweatshirts, dresses, shorts, and jumpsuits. This newly launched range offers a stylish blend of comfort and sustainability in fashion and clothing for kids aged 1 year or above.
Regional Outlooks
The global eco fibers market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater to prominent growth over the forecast period, however, the North American region is projected to experience considerable growth in the Eco Fibers market
Global Eco Fibers Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Eco Fibers Market
The Asia-Pacific region is expected to hold a prominent share in the global eco fibers market owing to the highly developed textile industry in countries including China and India. According to India Brand Equity Foundation (IBEF), India is the largest producer of cotton. As of June 2022, the country has produced 360.13 lakh bales for the crop year October 2021-September 2022. The production of fibre in India reached 2.40 MT in FY21 (till January 2021). Hence, the key market players of the region are also focusing on extending their domestic and international market reach to provide customers with high-quality fibre products. For instance, in 2019, Sateri expanded its Lyocell production in China, intending to increase its annual production capacity up to 500,000 tonnes by 2025. As a part of first/ initial phase, the company has already developed a new 100,000 tonne production facility in Changzhou, Jiangsu province, expected to commence its operation by September 2022. The other 100,000 tonne facility will be built in Nantong, Jiangsu province.
Market Players Outlook
The major companies serving the global Eco Fibers market include BLS ECOTECH, Grasim Industries Ltd., Hexcel Corp., Lenzing AG, Universal Fibers, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2020, Birla Cellulose launched ‘Liva with the added protection of antimicrobial fibres’, an antimicrobial variant of the trendsetting fluid fabric. The product is made of nature-based and skin-friendly cellulose fibres, which are designed to kill 99% of microbes along with long-lasting protection against viruses, bacteria and fungi.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. BLS ECOTECH
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Grasim Industries Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Hexcel Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Lenzing AG
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Universal Fibers, Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Eco Fibers Market by Type
4.1.1. Organic Fibers
4.1.2. Recycled Fibers
4.1.3. Regenerated Fibers
4.1.4. Others
4.2. Global Eco Fibers Market by Application
4.2.1. Clothing/Textile
4.2.2. Household & Furnishings
4.2.3. Industrial
4.2.4. Medical
4.2.5. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Badri group
6.2. China Eco Fiber Ltd.
6.3. David C. Poole Company, Inc.
6.4. Environmental Composites, Inc.
6.5. Foss Performance Materials
6.6. JL. Raya OtonomPasirGadung
6.7. J. Rettenmaier&Söhne GmbH+Co. KG
6.8. LYCRA Co.
6.9. PilipinasEcofiber Corp.
6.10. Polycycle
6.11. Polyfibre Industries Pvt. Ltd.
6.12. SATERI
6.13. Sustain Your Style
6.14. TarratexTêxteis, Lda
6.15. Teijin Ltd.
6.16. UFP Technologies, Inc.
6.17. USFibers
6.18. Wellman Advanced Materials
6.19. Zoltek Corp.
1. GLOBAL ECO FIBERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL ORGANIC FIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL RECYCLED FIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL REGENERATED FIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL OTHERS ECO FIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ECO FIBERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
7. GLOBAL ECO FIBERS IN CLOTHING/TEXTILE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ECO FIBERS IN HOUSEHOLD & FURNISHINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ECO FIBERS IN INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ECO FIBERS IN MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL ECO FIBERS IN OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ECO FIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. NORTH AMERICAN ECO FIBERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN ECO FIBERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN ECO FIBERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
16. EUROPEAN ECO FIBERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN ECO FIBERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN ECO FIBERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC ECO FIBERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC ECO FIBERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC ECO FIBERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. REST OF THE WORLD ECO FIBERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. REST OF THE WORLD ECO FIBERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD ECO FIBERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL ECO FIBERS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL ORGANIC FIBERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL RECYCLED FIBERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL REGENERATED FIBERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL OTHERS ECO FIBERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL ECO FIBERS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
7. GLOBAL ECO FIBERS IN CLOTHING/TEXTILE MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL ECO FIBERS IN HOUSEHOLD & FURNISHINGSMARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL ECO FIBERS IN INDUSTRIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL ECO FIBERS IN MEDICAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL ECO FIBERS IN OTHER APPLICATION MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL ECO FIBERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. US ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
15. UK ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD ECO FIBERS MARKET SIZE, 2021-2028 ($ MILLION)