The global eco fiber market size was estimated at USD 43.07 billion in 2022 and is expected to register a growth of 7.6% in the forecast period. The market is anticipated to be driven by the rising popularity of organic cotton. Manufacturers are increasingly opting for organic cotton since its production does not pollute surface water, soil or air. Furthermore, rising concern regarding the harmful environmental impacts of synthetic fibers has been a major factor contributing to the increased demand for organic eco fiber since the past few years.
Eco fibers are also rapidly gaining popularity in designer garments and apparel. Continuous advancements in terms of the development of eco fiber textiles offering antimicrobial, hypoallergenic, insulating, UV resistant, highly breathable and absorbent characteristics, are expected to promote their importance in the clothing market.
Gather more insights about the market drivers, restrains and growth of the Global Eco Fiber Market
Eco Fiber Market Report Highlights
- Regenerated fibers product segment of eco fiber market is expected to expand at a CAGR of 7.4% over the forecast period. The product is an integral part of Man-made fibers and is produced artificially by using either proteins or cellulose. Soy, corn, peanuts, and milk are some of the commonly used proteins in the production of regenerated fibers, commonly known as Azlons. Regenerated fibers made from cellulose comprise rayon and viscose. The rapidly growing medical textiles industry in India and China is expected to create ample growth opportunities for the product in the market.
- Medical textile application segment in eco fiber market accounted for revenue of USD 8.06 billion in 2022. The industry is one of the significant consumers of the eco fiber market. In medical textile application, eco fibers find application in baby diapers, incontinence products, sanitary napkins, surgical sutures, surgical dressing, artificial implants, and disposables. Technological advancements in medical healthcare sector have resulted in increased use of medical textiles (as nanofibers) in wound healing, bone regeneration, and drug delivery applications.
- Central South America eco fiber market is expected to grow at a CAGR of 8.3% in the forecast period owing to the growing textile industry in the region. The availability of raw materials, such as cotton and polyester, coupled with the presence of textile manufacturing units in the region has made Central South America one of the largest producers of textiles including apparels. Additionally, free trade agreements, abundant availability of raw materials, upcoming events including sports carnivals, and government initiatives to promote the textile industry are some of the key factors anticipated to drive market growth in the region over the forecast period.
- The eco fiber industry is highly fragmented in nature owing to rising awareness regarding products in fashion, industrial, and household applications. Industry participants are taking advantage of low-cost feed stock availability in India to compete with competitors in China and Middle East. However, despite the obstacles, new entrants are expected to increase spending on developing new products focusing towards eco-friendly smart textiles.
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- The global piston market size was estimated at USD 2.49 billion in 2023 and is estimated to grow at a CAGR of 4.5% from 2024 to 2030.
- The global CNC router machine market size was estimated at USD 691.0 million in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030.
Eco Fiber Market Segmentation
Grand View Research has segmented the global eco fiber market report based on product, application, and region:
Eco Fiber Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Organic
- Manmade/Regenerated
- Recycled
- Natural
Eco Fiber Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Textiles/Apparel
- Industrial
- Medical
- Household Furnishing
- Others
Eco Fiber Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- Central South America
- Brazil
- Middle East Africa
- Saudi Arabia
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