Eco Fibers Market - Forecast(2023 - 2028)

Report Code: CMR 63708 Report Format: PDF + Excel

Eco Fibers Market Overview

Eco Fibers Market size is forecast to reach $74.05 billion by 2020, after growing at a CAGR of 10% during 2020-2025. Rapid expansion of textile industry especially in emerging nations such as India and China have been one of the major factors for the growth of eco fibers market. Eco Fibers are made by organic raw material such as bamboo, corn and organic cotton and others.

Report Coverage

The report: “Eco Fibers Market- Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Metal Cleaning Chemical Industry.

By Type: Natural Fibers (Protein Fibers, Wool, Silk, Cashmere, Others) Cellulose Fibers (Hemp, Jute, Cotton, Others) Regenrated Fiber (Rayon, Acetate, Triacetate, Others) Recyclable Fiber
By End use Industry: Textile Industry, House Hold & Furnishing, Manufacturing Industry, Automotive, Pharmaceutical Industry, Others
By Geography: North America, South America, Asia-Paciffic, Europe, RoW

Key Takeaways
  • Asia-Pacific dominates the Eco Fiber market owning to increasing demand from the end users such as Textiles, Pharmaceutical and Automotive industries. Ascending demand for synthetic fibers that are cheaper than organic cotton is likely to emerge as a restraining factor for eco fiber in the coming year.
  • The growing environmental awareness along with volatile prices associated with conventional fabrics has also fueled the Eco Fibers Market.

By Types - Segment Analysis

The Regenerated Eco fiber segment held the largest share in the Eco Fibers Market in 2019. The demand for Regenerated textile fiber is rising as they are free from pesticides and herbicides. Regenerated fibers are an integral part of manmade fibers and are produced artificially by using either proteins or cellulose. Natural eco fiber is the second largest segment and is expected to witness significant growth over the forecast period, as these fibers are naturally obtained from mineral, animal, and vegetable sources and are converted into nonwoven fabrics. 

By End use Industry - Segment Analysis

The textile industry is the primary market for Eco Fibers. Steel in 2019 growing at a CAGR of 12.2%. The demand for textile will rise due to rise in global population which will touch approx. 8.1 billion by 2025. The rise in population will augment the global apparel market to $2.1 trillion by 2025 according to National Council of Textile Organizations. In the global textile industry, China is the world’s leading producer and exporter of both raw textile and finished garments, followed by India and the United States. China exports of textile to US is $45.95 billion and to India is $4.39 billion in the year 2019. According to the India Brand Equity Foundation, India's overall textile exports during financial year 2017-18 stood at US$ 39.2 billion and is expected to increase by US$ 82.00 billion in financial year 2021. The upsurging use of trending and luxury fashionable clothes among all the age groups is a key factor in the growth of Textile Industry which is also a key aspect to the growth of global Eco Fiber Market. Household & furnishings segment emerge as the second fastest growing market for Eco Fibers. Rising consumer preference for soft feel, smooth texture, and shape-retaining fabrics is expected to positively influence the consumption of household textiles.

Geography - Segment Analysis

APAC dominates the Eco Fiber market with a share of more than 35%, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth in Textile and Pharmaceutical industries. According to the China National Textile and Apparel Council the government of China has undertaken initiatives such as subsidies to textile manufacturers and “Going Out” strategy in its 12th five-year plan for textile industry. This scenario is likely to boost the domestic consumption as well as the consumption of textiles, thereby positively influencing the market growth over the forecast period. Whereas, the Government of India is implementing various schemes and has taken several policy initiatives to promote textiles industry and help it becoming globally competitive.

Eco Fibers Market Drivers

Mass consumption of Eco Fibers in Textile and Fashion Industries

The increase in global textile production is a major factor which influence the growth of Eco Fiber Market across the globe. Countries such as India and China has higher demand for textile which can be accomplished by, mass production of textile is done. The fashion industry is one of the largest industrial sectors in the world. According to United Nations Environmental Program, the fashion sector comprising textile creation and production, is the second largest global economic activity in terms of trade. The global sector of fashion industry is valued at $1.44 trillion. According to the official statement of U.K Parliament, the fashion industry in U.K is worth $36.14 billion (£32 billion) in 2017. The Joint Economic Committee of US says that, more than $250 million spent annually on fashion and apparel.

Increasing demand in Pharmaceutical industries

With increase in demand for Pharmaceutical products such as sanitary pads, bandages and others is likely aid the market growth of Eco-Fiber. Asia has become the fastest-growing pharmaceutical market in the world and offers tremendous market potential. As economic prosperity impacts the way people live, chronic and lifestyle diseases, such as diabetes and heart disease, are slowly beginning to replace infectious diseases in the majority. Coupled with the population’s increasing ability to spend more on healthcare, these factors have all helped attract pharmaceutical Industry.

Eco Fibers Market Challenges

Ascending demand for synthetic fibers

Ascending demand for synthetic fibers that are cheaper than eco fiber, is emerged as a restraining factor for eco fiber-based textile. Due to technological advances in production methods and superior physical, chemical, and mechanical characteristics, synthetic fibers are not only well recognized for their use in general textile, but also play crucial role in key end user industries such as healthcare, aerospace, food packaging, water purification, electronics, automotive, air filters, and others. Furthermore, subsidies to synthetic fiber plants from Governments’ will affect the market of eco fiber.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Advanced High-strength steel market. In 2019, the market of Eco fibers has been consolidated by the top five players accounting for xx% of the share. Major players in the Eco Fibers Market are Aldi South Group, Stanley & Stella, AB Lindex, Boll & Branch and H&M and others.

Acquisitions/Technology Launches/ Product Launches

  • In May 2019, Aditya Birla Group’s Grasim Industries announced the expansion of its specialty fiber business, which is expected to increase the company capacity by 40% in the next two years. This expansion is further expected to help the company in catering its customers increasing demand.
  • In April 2014, Flex Form Technologies announced the formation of Flex Form Korea Ltd. for acquiring and production lines in Jeanju City and in Cheaon in South Korea. This expansion helped the company in fulfilling the customer’s demands in South Korea in a shorter span of time.
1. Eco Fibers Market - Overview
        1.1 Definitions and Scope
2. Eco Fibers Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Eco Fibers Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Eco Fibers Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Eco Fibers Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Eco Fibers Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Eco Fibers Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Eco Fibers Market - By Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Organic Fibers
            8.3.2 Recycled Fibers
            8.3.3 Regenerated Fibers
            8.3.4 Others
 9. Eco Fibers Market - By Product Type(Market Size -$Million / $Billion)
10. Eco Fibers - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
10.3.1 Clothing/Textiles
10.3.2 Household & Furnishings
10.3.3 Industrial
10.3.4 Medical
10.3.5 Others
11. Eco Fibers- By Geography (Market Size -$Million / $Billion)
        11.1 Eco Fibers Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Eco Fibers- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Eco Fibers- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Eco Fibers - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Eco Fibers - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Eco Fibers Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Eco Fibers Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Eco Fibers Market - Key Company List by Country Premium
15. Eco Fibers Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 David C. Poole Company, Inc.
15.3 Foss Manufacturing Company, LLC.
15.4 Grasim Industries Limited
15.5 Lenzing AG
15.6 Polyfibre Industries Pvt Ltd.
15.7 Shanghai Tenbro Bamboo Textile Co., Ltd.
15.8 Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd.
15.9 Teijin Limited
15.10 US Fibers
15.11 Wellman Plastics Recycling, LLC
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Eco Fibers Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Eco Fibers Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Market By Type Market 2019-2024 ($M)
1.1 Organic Fibers Market 2019-2024 ($M) - Global Industry Research
1.2 Recycled Fibers Market 2019-2024 ($M) - Global Industry Research
1.3 Regenerated Fibers Market 2019-2024 ($M) - Global Industry Research
2.Global Market By Type Market 2019-2024 (Volume/Units)
2.1 Organic Fibers Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Recycled Fibers Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Regenerated Fibers Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Market By Type Market 2019-2024 ($M)
3.1 Organic Fibers Market 2019-2024 ($M) - Regional Industry Research
3.2 Recycled Fibers Market 2019-2024 ($M) - Regional Industry Research
3.3 Regenerated Fibers Market 2019-2024 ($M) - Regional Industry Research
4.South America Market By Type Market 2019-2024 ($M)
4.1 Organic Fibers Market 2019-2024 ($M) - Regional Industry Research
4.2 Recycled Fibers Market 2019-2024 ($M) - Regional Industry Research
4.3 Regenerated Fibers Market 2019-2024 ($M) - Regional Industry Research
5.Europe Market By Type Market 2019-2024 ($M)
5.1 Organic Fibers Market 2019-2024 ($M) - Regional Industry Research
5.2 Recycled Fibers Market 2019-2024 ($M) - Regional Industry Research
5.3 Regenerated Fibers Market 2019-2024 ($M) - Regional Industry Research
6.APAC Market By Type Market 2019-2024 ($M)
6.1 Organic Fibers Market 2019-2024 ($M) - Regional Industry Research
6.2 Recycled Fibers Market 2019-2024 ($M) - Regional Industry Research
6.3 Regenerated Fibers Market 2019-2024 ($M) - Regional Industry Research
7.MENA Market By Type Market 2019-2024 ($M)
7.1 Organic Fibers Market 2019-2024 ($M) - Regional Industry Research
7.2 Recycled Fibers Market 2019-2024 ($M) - Regional Industry Research
7.3 Regenerated Fibers Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Eco Fibers Market Revenue, 2019-2024 ($M)
2.Canada Eco Fibers Market Revenue, 2019-2024 ($M)
3.Mexico Eco Fibers Market Revenue, 2019-2024 ($M)
4.Brazil Eco Fibers Market Revenue, 2019-2024 ($M)
5.Argentina Eco Fibers Market Revenue, 2019-2024 ($M)
6.Peru Eco Fibers Market Revenue, 2019-2024 ($M)
7.Colombia Eco Fibers Market Revenue, 2019-2024 ($M)
8.Chile Eco Fibers Market Revenue, 2019-2024 ($M)
9.Rest of South America Eco Fibers Market Revenue, 2019-2024 ($M)
10.UK Eco Fibers Market Revenue, 2019-2024 ($M)
11.Germany Eco Fibers Market Revenue, 2019-2024 ($M)
12.France Eco Fibers Market Revenue, 2019-2024 ($M)
13.Italy Eco Fibers Market Revenue, 2019-2024 ($M)
14.Spain Eco Fibers Market Revenue, 2019-2024 ($M)
15.Rest of Europe Eco Fibers Market Revenue, 2019-2024 ($M)
16.China Eco Fibers Market Revenue, 2019-2024 ($M)
17.India Eco Fibers Market Revenue, 2019-2024 ($M)
18.Japan Eco Fibers Market Revenue, 2019-2024 ($M)
19.South Korea Eco Fibers Market Revenue, 2019-2024 ($M)
20.South Africa Eco Fibers Market Revenue, 2019-2024 ($M)
21.North America Eco Fibers By Application
22.South America Eco Fibers By Application
23.Europe Eco Fibers By Application
24.APAC Eco Fibers By Application
25.MENA Eco Fibers By Application
26.Lenzing AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Grasim Industries Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Teijin Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.US Fibers, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Polyfibre Industries Pvt Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)