USD 40.20 Billion
Report ID:
SQMIG25M2063 |
Region:
Global |
Published Date: January, 2025
Pages:
198
|Tables:
91
|Figures:
70
Global Cellulose Fiber Market size was valued at USD 40.20 Billion in 2023 and is poised to grow from USD 42.65 Billion in 2024 to USD 68.50 Billion by 2032, growing at a CAGR of 6.1% in the forecast period (2025-2032).
Growing environmental concerns in different sectors, the need for material produced sustainably, and technical developments in cellulose fiber production in the last few years have created significant global cellulose fiber market growth. These are mainly used in three rapidly growing industries such as building, paper, and textiles. As a result, encouraging expansion has created demand for cellulose fibers across the globe. Cellulose fibers will be required in increasingly more significant volumes over the forecast period due to companies partnering with one another to ensure more sustainable procurement of raw materials. Plant cell walls would be treated with cellulose fibers. These polymeric materials are a significant source of raw materials because of their availability in large quantities, renewable sources, and biodegradability. They are absorbed into particular textiles in the textile industry, such as rayon, cotton, and linen. This was the major consideration behind the choice of these fibers as they retained moisture, allowed for breathing, and comfort. Cellulose fiber acts as the main structural component in the paper-making process. Hence, they are obtained from a variety of plant sources including wood, cotton, hemp, and tobacco. The paper industry is expected to grow further with the increased use of paper globally, particularly in commercial and educational institutions, which will provide a steady supply of raw materials.
Global Market Size
USD 40.20 Billion
Largest Segment
Synthetic
Fastest Growth
Natural
Growth Rate
6.1% CAGR
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The global cellulose fiber market is segmented into product, application, end use industry, and region. By product, the market is classified into natural and synthetic. Depending on the application, it is divided into textile, hygiene, industry, and others. According to the end-use industry, the market is categorized into apparel, home textiles, automotive, medical, and building & construction. Regionally, the market is studied across North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Analysis by Product
Based on the 2024 cellulose fiber market analysis, the synthetic products category made up 62.6% of the market's revenue. This is because synthetic fibers are more performing, scalable, and affordable. Synthetic fibers have a number of advantageous qualities over natural fibers, including resistance to environmental influences, flexibility, low absorbency, and durability. Due to these attributes, they are particularly suited for a wide range of applications, such as the manufacture of clothing designed for a given industry, and in the construction industry and other fields. Moreover, synthetic fiber production is less location and climate-sensitive than natural fibers, ensuring a more stable and predictable supply chain.
However, as per the cellulose fiber market forecast, the natural products category is predicted to grow with a significant CAGR. As consumers have been inclining more towards eco-friendly products, the demand for natural fibers has grown with the growing importance on sustainable and environment-friendly activities. The versatility of natural cellulose fibers for various industrial applications, including paper, textiles, and biocomposites, enhances its commercial value. Due to the increasing taste among middle-class customers for naturally based goods, companies in the developing nations are forecasted to employ these fibers at a much greater rate.
Analysis By Application
The textile segment was the largest market share holder in 2024, mainly because of the widespread usage of cellulose fibers as a main raw material. These fibers are essential for making a wide range of goods, such as industrial textiles, clothing, and home furnishings. The global cellulose fiber market has grown mostly due to the steady and significant demand from this industry. From casual wear to high-performance technical textiles, including sustainable and eco-friendly fashion products, cellulose fibers find their applications in a variety of textile applications. Due to its versatility, the application of cellulose fiber has increased tremendously as consumers seek more environmentally friendly alternatives without compromising on performance or aesthetics.
During the forecast period, the industrial segment is expected to grow at a significant CAGR. The industry's strong need for cellulose fibers as an essential part of several production processes has been one of the major factors driving the growth of this segment. Cellulose fibers are essential for a variety of applications, including insulation, papermaking, filtering, and building, due to their special physical characteristics, such as their high strength, absorbency, and biodegradability. In addition to this, the industrial applications of cellulose fiber have expanded with technological progress. Advances in fiber modification and processing have further enhanced performance qualities and cemented this material as a top choice for an array of industrial applications.
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Due to the vast forestlands, which provide a steady and abundant source of wood pulp, the primary raw material used to manufacture cellulose fiber, North America comprised a significant share of the market in 2024. The location is advantageous due to the superior production capabilities and infrastructure established by the cellulose fiber industry. Investment by North American firms into research and development to find potential different uses of cellulose fibers in biodegradable products and high-performance fabrics. Demand has been up since the customers want something as 'eco-friendly and degradable' for clothing and any textile products, particularly younger crowds and environmentalists.
A huge portion of the market share for 2024 for cellulose fibers was attributed to the significant emphasis the European Union made on sustainability in the industries. The European Commission launched initiatives in 2022 for making the textile industry less harmful to the environment and pushing businesses, most especially in textiles, toward being more circular and sustainable. The Directive concerning Green Claims, which will be enforced in the year 2023, will support the EU's "Strategy for Sustainable and Circular Textiles" and include eco-friendly measures. It puts an emphasis on minimizing greenwashing, while at the same time stimulating European companies and consumers into demanding more and more environmentally friendly, biodegradable textiles, and driving the use cellulose or wood fibers.
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Drivers
Increasing Demand for Environment-Friendly Products
Technological Advancements in Fiber Production
Restraints
Environmental Impact of Fiber Manufacturing
Excessive Energy Use
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Companies such as Lenzing AG, Aditya Birla Group, and Sappi Group continue to dominate the global cellulose fiber industry with their innovative production technology and eco-friendly product lines. A strong trend towards innovation, green production techniques, and diversification in many of the product lines to meet the growing demand for greener and biodegradable fibers is now being pursued by business houses. Investments and strategic alliances to develop production and supply chains are rampant in the industry.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rising demand of the consumers for environmentally friendly and bio-friendly products, mainly in fashion and textiles, is highly going to boost the growth of the cellulose fiber market. Better quality through technological advances has lowered the price along with many new applications which enhance its growth prospects. There could be a slowdown to problems of high cost of manufacture, inadequate raw material sources, and competition from artificial fibers. Despite these drawbacks, the industry is benefiting from technological improvements in recycling and circular economy models, growing customer preference for environmentally friendly products, and government support for green activities. The cellulose fiber market is expected to rise with the growing demand for environmentally friendly alternatives, which should provide prospects for manufacturers and consumers seeking green alternatives.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 40.20 Billion |
Market size value in 2032 | USD 68.50 Billion |
Growth Rate | 6.1% |
Base year | 2024 |
Forecast period | (2025-2032) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Cellulose Fiber Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cellulose Fiber Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cellulose Fiber Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cellulose Fiber Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG25M2063
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