Market revenue in 2022 | USD 14,909.6 million |
Market revenue in 2030 | USD 30,127.2 million |
Growth rate | 9.2% (CAGR from 2022 to 2030) |
Largest segment | Manmade/regenerated |
Fastest growing segment | Organic |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Organic, Manmade/regenerated, Recycled, Natural |
Key market players worldwide | Lenzing AG, Grasim Industries Ltd DR, Teijin Ltd, USFibers, Wellman Advanced Materials, Zauba Technologies, Lanmeiren Textile (Shanghai) Co., Poole Company, Foss Performance Materials |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to eco fiber market will help companies and investors design strategic landscapes.
Manmade/regenerated was the largest segment with a revenue share of 52.67% in 2022. Horizon Databook has segmented the Asia Pacific eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific dominated the eco fiber market in 2019 and this trend is expected to continue over the forecast period. The growing demand for apparels and increased demand for sustainable textiles are expected to propel the market growth over the forecast period.
This scenario is likely to be reflected in major economies, including India, China, Japan, and Australia, over the years ahead. Organic segment is expected to rise at a significant growth rate over the forecast period as they are easily available and are low priced in comparison to synthetic counterparts.
Increasing consumer preference for smooth textured fabrics and expanding population in the region are expected to propel the demand for organic eco fiber over the forecast period. Textiles industry has witnessed increasing investments in the emerging nations, including India, wherein; the industry attracted total FDI worth USD 2.47 billion from 2000 to 2017.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific eco fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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