The global eco fibers market was valued at $52.8 billion in 2022, and is projected to reach $108.6 billion by 2032, growing at a CAGR of 7.5% from 2023 to 2032.
Eco fiber refers to a type of fiber that is produced using environmentally friendly and sustainable practices. It is designed to minimize the environmental impact associated with fiber production and consumption. Eco fibers are typically sourced from renewable materials, such as plants or recycled materials, and they often undergo processes that reduce resource consumption, chemical usage, and waste generation.
Eco fibers have gained significant traction in the household and furnishing sector as consumers increasingly prioritize sustainable and environmentally friendly products for their homes. Eco fibers are used in upholstery fabrics and furniture coverings. Natural fibers such as organic cotton, linen, hemp, and jute are employed to create sustainable and stylish options for sofas, chairs, cushions, and ottomans. Eco-friendly upholstery fibers contribute to a healthier indoor environment and reduce the use of synthetic materials. Also, eco fibers such as wool, jute, seagrass, and sisal are used in the production of sustainable carpets and rugs.
These natural fibers provide a renewable and biodegradable alternative to synthetic materials. Eco fibers such as organic cotton and linen are used in the production of tablecloths, placemats, and napkins. These fibers offer durability and a natural aesthetic to table settings, making meals more sustainable and elegant. Besides, these fibers find application in storage and organization products. Baskets, bins, and storage containers made from natural fibers such as seagrass, rattan, or banana leaf provide a sustainable and attractive storage solution.
Furthermore, governments and regulatory bodies are implementing policies and standards that promote sustainability and encourage the use of eco fibers. Regulations may include restrictions on harmful chemicals, waste management requirements, or labeling standards for eco-friendly products. This regulatory support provides incentives for businesses to adopt eco fibers and meet sustainability criteria. Besides, consumers are increasingly seeking products that align with their values and have a reduced environmental impact. Eco fibers, with their sustainable and natural properties, appeal to environmentally conscious consumers who prioritize sustainable fashion and lifestyle choices. The demand for eco-friendly products, including clothing, home textiles, and personal care items, is driving market growth for eco fibers.
The eco fibers market is segmented on the basis of type, end-use, and region. By type, the market is categorized into organic, regenerated, and recycled. By end-use, the market is divided into textile, industrial, medical, household & furnishing, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report covers strategies adopted by key players in the market to sustain the competitive environment and increase their market share. The key players operating in the eco fibers market include Grasim Industries Ltd; Teijin Limited; Lenzing AG; Shanghai Tenbro Bamboo Textile Co.,Ltd.; Pilipinas Ecofiber Corporation; David C. Poole Company, Inc; China Bambro Textile Co., Ltd.; Sateri; Universal Fibers Inc.; and Tangshan Sanyou Group Xingda Chemical Fibre Co.Ltd. In addition, the market drivers, restraints, and opportunities are explained in the report.
Eco fiber refers to a type of fiber that is produced using environmentally friendly and sustainable practices. It is designed to minimize the environmental impact associated with fiber production and consumption. Eco fibers are typically sourced from renewable materials, such as plants or recycled materials, and they often undergo processes that reduce resource consumption, chemical usage, and waste generation.
Eco fibers have gained significant traction in the household and furnishing sector as consumers increasingly prioritize sustainable and environmentally friendly products for their homes. Eco fibers are used in upholstery fabrics and furniture coverings. Natural fibers such as organic cotton, linen, hemp, and jute are employed to create sustainable and stylish options for sofas, chairs, cushions, and ottomans. Eco-friendly upholstery fibers contribute to a healthier indoor environment and reduce the use of synthetic materials. Also, eco fibers such as wool, jute, seagrass, and sisal are used in the production of sustainable carpets and rugs.
These natural fibers provide a renewable and biodegradable alternative to synthetic materials. Eco fibers such as organic cotton and linen are used in the production of tablecloths, placemats, and napkins. These fibers offer durability and a natural aesthetic to table settings, making meals more sustainable and elegant. Besides, these fibers find application in storage and organization products. Baskets, bins, and storage containers made from natural fibers such as seagrass, rattan, or banana leaf provide a sustainable and attractive storage solution.
Furthermore, governments and regulatory bodies are implementing policies and standards that promote sustainability and encourage the use of eco fibers. Regulations may include restrictions on harmful chemicals, waste management requirements, or labeling standards for eco-friendly products. This regulatory support provides incentives for businesses to adopt eco fibers and meet sustainability criteria. Besides, consumers are increasingly seeking products that align with their values and have a reduced environmental impact. Eco fibers, with their sustainable and natural properties, appeal to environmentally conscious consumers who prioritize sustainable fashion and lifestyle choices. The demand for eco-friendly products, including clothing, home textiles, and personal care items, is driving market growth for eco fibers.
The eco fibers market is segmented on the basis of type, end-use, and region. By type, the market is categorized into organic, regenerated, and recycled. By end-use, the market is divided into textile, industrial, medical, household & furnishing, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report covers strategies adopted by key players in the market to sustain the competitive environment and increase their market share. The key players operating in the eco fibers market include Grasim Industries Ltd; Teijin Limited; Lenzing AG; Shanghai Tenbro Bamboo Textile Co.,Ltd.; Pilipinas Ecofiber Corporation; David C. Poole Company, Inc; China Bambro Textile Co., Ltd.; Sateri; Universal Fibers Inc.; and Tangshan Sanyou Group Xingda Chemical Fibre Co.Ltd. In addition, the market drivers, restraints, and opportunities are explained in the report.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the eco fibers market analysis from 2022 to 2032 to identify the prevailing eco fibers market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the eco fibers market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global eco fibers market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Type
- Organic
- Regenerated
- Recycled
By End-use
- Textile
- Industrial
- Medical
- Household and Furnishing
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- China Bambro Textile Co., Ltd.
- David C. Poole Company, Inc.
- Grasim Industries Ltd.
- Lenzing AG
- Pilipinas Ecofiber Corporation
- Sateri
- Shanghai Tenbro Bamboo Textile Co., Ltd.
- Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
- TEIJIN LIMITED
- Universal Fibers Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ECO FIBERS MARKET, BY TYPE
CHAPTER 5: ECO FIBERS MARKET, BY END-USE
CHAPTER 6: ECO FIBERS MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the eco fibers market was valued at $52.8 billion in 2022, and is estimated to reach $108.6 billion by 2032, growing at a CAGR of 7.5% from 2023 to 2032.Eco fibers derived from natural sources such as hemp, sisal, jute, and coconut coir are widely used in the manufacturing of natural fiber ropes. These fibers are biodegradable, renewable, and have high tensile strength, making them suitable for various applications. Natural fiber ropes find use in construction, marine, and general utility purposes.
Eco fibers are increasingly being used in the automotive and transportation industries for interior applications. Fibers like recycled polyester, natural fibers (such as flax or hemp), and bio-based fibers (derived from sources like corn or soy) are used to make seat covers, carpets, headliners, and other interior components. These fibers offer lightweight, durable, and sustainable alternatives to traditional materials.
Tencel or Lyocell is a type of eco fiber derived from sustainably harvested wood pulp. It is used in flame-resistant clothing due to its inherent flame resistance, moisture management, and breathability. Tencel fibers provide comfort and environmental sustainability in flame-resistant garments.
Further, organic cotton is a popular eco fiber used in shoe manufacturing. Organic cotton can be used in various shoe components, including uppers, linings, and insoles, providing a natural and breathable option. Besides, cork is a sustainable and renewable material used in the production of shoe soles and insoles. It is harvested from the bark of cork oak trees, which can be harvested without harming the tree. Cork offers cushioning, insulation, and antimicrobial properties, making it a popular choice for eco-friendly footwear.
Surge in use of eco-fiber in household applications is expected to propel the market growth during the forecast period. Eco fibers such as organic cotton, bamboo, and hemp are being used in the production of eco-friendly bedding and mattresses. These fibers are known for their breathability, moisture-wicking properties, and durability. They provide a natural and healthier alternative to conventional bedding materials and contribute to a more sustainable sleep environment. Also, eco fibers such as organic cotton and bamboo are used in the production of bath towels, washcloths, and bathrobes. These fibers are highly absorbent, soft, and hypoallergenic, making them ideal for bath and personal care products.
Further, eco fibers, such as microfiber made from recycled materials, are used in cleaning cloths, mops, and other wiping products. Microfiber made from recycled materials helps reduce waste and can be more effective in capturing dust and dirt compared to traditional cleaning materials. In addition, eco fibers such as wool, jute, and sisal are used in the production of sustainable carpets and rugs. These natural fibers provide a renewable and biodegradable alternative to synthetic materials.
Moreover, they are increasingly being used in curtains, drapes, and upholstery fabrics. Organic cotton, hemp, and linen are popular choices for eco-friendly window treatments and furniture coverings. Eco fibers are also used in various home décor and accessories. Therefore, the increasing use of eco fibers in household applications allows consumers to make more sustainable choices for their homes. These fibers provide a range of benefits, including reduced environmental impact, improved indoor air quality, and the promotion of a healthier living environment.
However, the high price of eco fiber coupled with the availability of cheaper substitutes such as synthetic fibers is anticipated to hamper the market growth. Synthetic fibers, such as polyester and nylon, are typically less expensive to produce compared to eco fibers. The raw materials used in synthetic fiber production, such as petroleum or coal, are often readily available and relatively low in cost. The synthetic fiber industry has also benefited from economies of scale and efficient manufacturing processes, contributing to cost competitiveness. Eco fibers, on the other hand, may generally have a higher production cost due to various factors. Some eco fibers, such as organic cotton or sustainable bamboo, may require more labor-intensive cultivation, harvesting, or processing methods. Additionally, eco fibers produced from recycled materials might require additional sorting, cleaning, and processing steps, which can add to the overall cost. Nevertheless, innovation and technological advancement is expected to offer lucrative market growth in coming years.
The eco fibers market is segmented on the basis of type, end-use, and region. By type, the market is categorized into organic, regenerated, and recycled. By end-use, the market is divided into textile, industrial, medical, household & furnishing, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the study include Grasim Industries Ltd; Teijin Limited; Lenzing AG; Shanghai Tenbro Bamboo Textile Co.,Ltd.; Pilipinas Ecofiber Corporation; David C. Poole Company, Inc; China Bambro Textile Co., Ltd.; Sateri; Universal Fibers Inc.; and Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd.
Key Market Insights
Based on type, the regenerated segment accounted for the largest market share in 2022.By end-use, the textile segment dominated the global eco fibers market in 2022.
Region-wise, Asia-Pacific held the largest market share in 2022, growing with a CAGR of 7.7%
Companies Mentioned
- China Bambro Textile Co., Ltd.
- David C. Poole Company, Inc.
- Grasim Industries Ltd.
- Lenzing AG
- Pilipinas Ecofiber Corporation
- Sateri
- Shanghai Tenbro Bamboo Textile Co., Ltd.
- Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
- TEIJIN LIMITED
- Universal Fibers Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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