Canada Eco Fiber Market Size & Outlook, 2022-2030
Canada eco fiber market, 2018-2030 (US$M)
Related Markets
Canada eco fiber market highlights
- The Canada eco fiber market generated a revenue of USD 1,489.4 million in 2022 and is expected to reach USD 2,448.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, manmade/regenerated was the largest revenue generating product in 2022.
- Organic is the most lucrative product segment registering the fastest growth during the forecast period.
Eco fiber market data book summary
| Market revenue in 2022 | USD 1,489.4 million |
| Market revenue in 2030 | USD 2,448.9 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Manmade/regenerated |
| Fastest growing segment | Organic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 3.5% of the global eco fiber market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. eco fiber market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 15,608.1 million by 2030.
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Eco Fiber Market Scope
Eco Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada eco fiber market outlook
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 58.59% in 2022. Horizon Databook has segmented the Canada eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
Eco fiber market in Canada is expected to flourish over the forecast period owing to increasing demand for textiles due to rapid rise in population. Increase in rate of net immigration has led to expansion of population, which is expected to result in high demand for fibers in textiles & apparel industry.
Organic fibers are anticipated to emerge as the fastest-growing segment over the forecast period, owing to the increased sales of home furnishings in Canada, which has substantially driven the demand for eco fibers for use in household & furniture industry in the past few years.
The government has also regulated several policies in order to combat hazardous waste generated during the production of textiles using fibers such as nylon and polyester. This trend has significantly boosted the demand for organic fibers in textiles industry across the region.
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Our clientele includes a mix of eco fiber market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada eco fiber market , including forecasts for subscribers. This country databook contains high-level insights into Canada eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada eco fiber market size, by product, 2018-2030 (US$M)
Canada Eco Fiber Market Outlook Share, 2022 & 2030 (US$M)
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