Global Eco Fiber Market

Eco Fiber Market Size, Share, Growth Analysis, By Type(Organic Fiber, Recycled Fibre and Regenerated Fiber.), By Application(Textiles, Non - woven and Industrial), By End - use(Fashion and Apparel, Home Furnishings) - Industry Forecast 2024-2031


Report ID: SQMIG15A2193 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 89 | Figures: 76

Eco Fiber Market Insights

Global Eco Fiber Market size was valued at USD 46.3 billion in 2021 and is poised to grow from USD 49.82 billion in 2022 to USD 89.51 billion by 2030, growing at a CAGR of 7.6% in the forecast period (2023-2030).

The global eco fibre market has been experiencing significant growth in recent years, driven by the increasing demand for sustainable and environmentally friendly textile materials. With increasing concerns about climate change and environmental degradation, consumers are seeking textile materials that have a minimal ecological footprint. Eco fibers fulfil this demand by minimising the use of harmful chemicals, reducing water consumption, and supporting ethical labour practices throughout the supply chain. As a result, eco fibers are being widely adopted by various end-use industries, including apparel, home textiles, and automotive, among others. The apparel industry represents a major application segment for eco fibers. Consumers are increasingly inclined towards eco-friendly clothing options that are produced using organic and sustainable fibers. The fashion industry, in particular, is witnessing a shift towards sustainable practices, driven by conscious consumers and regulatory initiatives promoting environmentally responsible manufacturing processes. As a result, many fashion brands and retailers are incorporating eco fibers into their product lines, further fueling the growth of the global eco fiber market. In addition to the apparel sector, the home textiles segment is also experiencing substantial growth in the adoption of eco fibers. Consumers are seeking sustainable and non-toxic alternatives for bedding, towels, upholstery, and other home textile products. Eco fibers offer improved breathability, durability, and comfort, making them a preferred choice for eco-conscious consumers in the home textile market.

Market snapshot - 2024-2031

Global Market Size

USD 46.3 billion

Largest Segment

Organic Fiber

Fastest Growth

Organic Fiber

Growth Rate

7.6% CAGR

Global Eco Fiber Market ($ Bn)
Country Share for Europe Region (%)
Global Eco Fiber Market By Type ($ Bn)
Global Eco Fiber Market By Type (%)

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Eco Fiber Market Segmental Analysis

The global eco fiber market is segmented by type, application, and region. Based on type, the market can be segmented into Organic Fiber, Recycled Fiber and Regenerated Fiber. Based on application, the market is segmented into Textiles, Non - woven and Industrial. By end - use it can be segmented into Fashion and Apparel, Home Furnishings, Automotive and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis by Type

Organic Fiber has gained significant popularity among consumers who prioritise eco-friendly and sustainable textiles. The growing awareness about the harmful effects of conventional textile production on the environment and human health has led to an increased demand for organic fibers. The dominance of Organic Fiber in the global eco fiber market can be attributed to its strong market presence, wide range of applications, and consumer preference for organic and natural products.

On the other hand, the fastest-growing type in the global eco fibre market is Recycled Fiber. Recycled fibers are made from post-consumer or post-industrial waste materials, such as recycled plastic bottles or discarded textiles. These fibers are processed and transformed into new textile materials, reducing the need for virgin resources and minimising waste.

Analysis by Application

In the global eco fiber market, the most dominant application is Textiles. Textiles made from eco fibers are increasingly preferred by consumers due to their sustainable and environmentally friendly characteristics. The demand for eco fiber textiles has gained momentum as consumers become more conscious of the environmental impact of their purchasing decisions. The dominant position of textiles in the eco fiber market can be attributed to the wide range of textile products, including apparel, home textiles, and accessories, that can be manufactured using eco fibers.

The fastest-growing application in the global eco fiber market is Non-woven. Non-woven fabrics are versatile and find extensive usage in various industries such as healthcare, automotive, construction, and filtration. The demand for non-woven fabrics made from eco fibers has been rising steadily due to their favourable properties like biodegradability, recyclability, and reduced environmental footprint. The growing awareness of sustainability and the increased adoption of eco-friendly materials in different industrial sectors have contributed to the rapid growth of non-woven applications in the eco fiber market.

Global Eco Fiber Market By Type, 2023 (%)

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Eco Fiber Market Regional Insights

The most dominant region in the global eco fiber market is Europe. European countries have made significant strides in sustainable and environmentally friendly practices, including the textile industry. Stringent regulations, consumer awareness, and a strong emphasis on eco-consciousness have contributed to the dominance of Europe in the eco fiber market. The region has witnessed the adoption of various eco fiber types such as organic cotton, bamboo fiber, hemp fiber, and recycled polyester, among others. European consumers' preference for sustainable textiles and the presence of eco-certification standards have driven the demand for eco fibers, making Europe the most dominant region in the market.

The fastest-growing region in the global eco fiber market is the Asia Pacific. Rapid industrialization, urbanisation, and increasing consumer awareness about sustainable practices have fueled the growth of eco fibers in the region. Countries such as China, India, and Japan have emerged as key contributors to the eco fiber market in the Asia Pacific. The region's large population, rising middle class, and growing disposable incomes have driven the demand for sustainable textiles. Additionally, government initiatives promoting sustainable development and the circular economy have further accelerated the adoption of eco fibers in the Asia Pacific region.

Global Eco Fiber Market By Geography, 2024-2031
  • Largest
  • Fastest

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Eco Fiber Market Dynamics

Drivers

Brand Reputation and Corporate Social Responsibility

  • Numerous brands and companies are prioritising the enhancement of their sustainability profile and demonstrating their commitment to corporate social responsibility. By adopting eco fibers, these entities can effectively meet consumer demands, improve their brand reputation, and showcase their dedication to sustainable practices.

Restraints

Competition from Synthetic Fibers

  • The textile industry continues to be dominated by synthetic fibers, such as polyester, which are favoured due to their cost-effectiveness and versatile properties. This prevailing competition from synthetic fibers presents a challenge for the growth of eco fibers since consumers may opt for more affordable options that may not offer the same level of sustainability as eco fibers.

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Eco Fiber Market Competitive Landscape

The global eco fiber market is witnessing significant growth and competition as sustainability and environmental consciousness become more prevalent in the textile industry. Eco fibers are derived from renewable sources and are produced using environmentally friendly manufacturing processes. They offer a greener alternative to traditional synthetic fibers, reducing the carbon footprint and environmental impact of textile production.

Top Player’s Company Profiles

  • Lenzing AG (Austria)
  • Teijin Limited (Japan)
  • Aditya Birla Group (India)
  • NatureWorks LLC (US)
  • Grasim Industries Limited (India)
  • Recron Malaysia Sdn Bhd (Malaysia)
  • Toray Industries, Inc. (Japan)
  • Tangshan Sanyou Xingda Chemical Fiber Co., Ltd. (China)
  • Nan Ya Plastics Corporation (Taiwan)
  • Aquafil S.p.A. (Italy)
  • Far Eastern New Century Corporation (Taiwan)
  • Wellman Advanced Materials (US)
  • RadiciGroup (Italy)
  • Asahi Kasei Corporation (Japan)
  • Thai Acrylic Fiber Co., Ltd. (Thailand)
  • Xinjiang Tianye (Group) Co., Ltd. (China)
  • Toyobo Co., Ltd. (Japan)
  • Pilipinas Ecofiber Corporation (Philippines)
  • Sateri Holdings Limited (China)
  • Formosa Chemicals & Fibre Corporation (Taiwan)

Recent Developments

  • In April 2023, Lenzing AG announced the launch of a new line of Tencel Modal fibers made from sustainably grown beech wood. The new line is designed to offer a more sustainable alternative to traditional viscose fibers.
  • In March 2023, Asahi Kasei Corporation announced the launch of a new line of EcoPure recycled polyester fibers. The new line is designed to help brands reduce their environmental impact.
  • In February 2023, Indorama Corporation announced the launch of a new line of recycled polyester fibers made from post-consumer PET bottles. The new line is designed to help brands reduce their environmental impact.
  • In January 2023, DuPont de Nemours, Inc. announced the launch of a new line of Sorona renewable polyester fibers. The new line is designed to offer a more sustainable alternative to traditional petroleum-based fibers.
  • In December 2022, 3M Company announced the launch of a new line of Dyneema Eco recycled ultra-high molecular weight polyethylene (UHMWPE) fibers. The new line is designed to help brands reduce their environmental impact.

Eco Fiber Key Market Trends

  • Sustainable and Eco-friendly Textile: A key market trend in the global eco fiber market is the growing consumer preference for sustainable and environmentally friendly textile materials. With increasing awareness about the environmental impact of conventional textile production processes, consumers are seeking alternatives that are eco-friendly, renewable, and have a lower carbon footprint. This trend has led to a surge in demand for eco fibers, which are derived from renewable sources such as organic cotton, bamboo, hemp, and recycled materials. Eco fibers offer several advantages, including reduced water and energy consumption during production, biodegradability, and lower chemical usage.

Eco Fiber Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global eco fiber market analysis, the increasing consumer demand for sustainable and environmentally friendly textile products. These fibers offer several benefits such as reduced environmental impact, improved resource efficiency, and enhanced biodegradability compared to conventional synthetic fibers. The market for eco fibers is driven by various factors. Growing consumer awareness and concern about the environmental impact of the textile industry have resulted in a shift towards sustainable alternatives. Increasing government regulations and initiatives promoting sustainable practices in the textile industry further boost the demand for eco fibers. Additionally, the rise of ethical and eco-conscious consumerism has led to a surge in demand for clothing and textiles made from eco fibers. In terms of application, the eco fiber market finds its usage in various sectors such as apparel, home textiles, automotive, and others. The apparel industry holds the largest market share, driven by the increasing demand for sustainable and eco-friendly clothing.

Home textiles, including bedding, towels, and upholstery, also witness significant adoption of eco fibers due to the rising preference for environmentally friendly and toxin-free products. Geographically, the eco fiber market is segmented into several regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe dominates the market due to stringent environmental regulations and higher consumer awareness about sustainability. However, the Asia Pacific region is witnessing rapid growth, driven by increasing disposable income, urbanisation, and the adoption of sustainable practices in textile manufacturing. The eco fiber market is highly competitive, with numerous players striving to gain a significant market share. Key market players focus on product development, innovation, and strategic partnerships to maintain their competitiveness. They also invest in research and development activities to improve the quality and performance of eco fibers, ensuring they meet industry standards and consumer expectations.

Report Metric Details
Market size value in 2023 USD 46.3 billion
Market size value in 2031 USD 89.51 billion
Growth Rate 7.6%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Organic Fiber, Recycled Fibre and Regenerated Fiber.
  • Application
    • Textiles, Non - woven and Industrial
  • End - use
    • Fashion and Apparel, Home Furnishings, Automotive, and Others.
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
  • Lenzing AG (Austria)
  • Teijin Limited (Japan)
  • Aditya Birla Group (India)
  • NatureWorks LLC (US)
  • Grasim Industries Limited (India)
  • Recron Malaysia Sdn Bhd (Malaysia)
  • Toray Industries, Inc. (Japan)
  • Tangshan Sanyou Xingda Chemical Fiber Co., Ltd. (China)
  • Nan Ya Plastics Corporation (Taiwan)
  • Aquafil S.p.A. (Italy)
  • Far Eastern New Century Corporation (Taiwan)
  • Wellman Advanced Materials (US)
  • RadiciGroup (Italy)
  • Asahi Kasei Corporation (Japan)
  • Thai Acrylic Fiber Co., Ltd. (Thailand)
  • Xinjiang Tianye (Group) Co., Ltd. (China)
  • Toyobo Co., Ltd. (Japan)
  • Pilipinas Ecofiber Corporation (Philippines)
  • Sateri Holdings Limited (China)
  • Formosa Chemicals & Fibre Corporation (Taiwan)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Eco Fiber Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Eco Fiber Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Eco 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 Eco 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.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Eco Fiber Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Eco 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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FAQs

Eco Fiber Market size was valued at USD 46.3 billion in 2021 and is poised to grow from USD 49.82 billion in 2022 to USD 89.51 billion by 2030, growing at a CAGR of 7.6% in the forecast period (2023-2030).

The eco fiber market is witnessing significant growth and competition as sustainability and environmental consciousness become more prevalent in the textile industry. Eco fibers are derived from renewable sources and are produced using environmentally friendly manufacturing processes. They offer a greener alternative to traditional synthetic fibers, reducing the carbon footprint and environmental impact of textile production. 'Lenzing AG (Austria)', 'Teijin Limited (Japan)', 'Aditya Birla Group (India)', 'NatureWorks LLC (US)', 'Grasim Industries Limited (India)', 'Recron Malaysia Sdn Bhd (Malaysia)', 'Toray Industries, Inc. (Japan)', 'Tangshan Sanyou Xingda Chemical Fiber Co., Ltd. (China)', 'Nan Ya Plastics Corporation (Taiwan)', 'Aquafil S.p.A. (Italy)', 'Far Eastern New Century Corporation (Taiwan)', 'Wellman Advanced Materials (US)', 'RadiciGroup (Italy)', 'Asahi Kasei Corporation (Japan)', 'Thai Acrylic Fiber Co., Ltd. (Thailand)', 'Xinjiang Tianye (Group) Co., Ltd. (China)', 'Toyobo Co., Ltd. (Japan)', 'Pilipinas Ecofiber Corporation (Philippines)', 'Sateri Holdings Limited (China)', 'Formosa Chemicals & Fibre Corporation (Taiwan)'

Numerous brands and companies are prioritising the enhancement of their sustainability profile and demonstrating their commitment to corporate social responsibility. By adopting eco fibers, these entities can effectively meet consumer demands, improve their brand reputation, and showcase their dedication to sustainable practices.

Sustainable and Eco-friendly Textile: A key market trend in the eco fiber market is the growing consumer preference for sustainable and environmentally friendly textile materials. With increasing awareness about the environmental impact of conventional textile production processes, consumers are seeking alternatives that are eco-friendly, renewable, and have a lower carbon footprint. This trend has led to a surge in demand for eco fibers, which are derived from renewable sources such as organic cotton, bamboo, hemp, and recycled materials. Eco fibers offer several advantages, including reduced water and energy consumption during production, biodegradability, and lower chemical usage.

The most dominant region in the eco fiber market is Europe. European countries have made significant strides in sustainable and environmentally friendly practices, including the textile industry. Stringent regulations, consumer awareness, and a strong emphasis on eco-consciousness have contributed to the dominance of Europe in the eco fiber market. The region has witnessed the adoption of various eco fiber types such as organic cotton, bamboo fiber, hemp fiber, and recycled polyester, among others. European consumers' preference for sustainable textiles and the presence of eco-certification standards have driven the demand for eco fibers, making Europe the most dominant region in the market.

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