Market revenue in 2022 | USD 6,312.5 million |
Market revenue in 2030 | USD 13,273.5 million |
Growth rate | 9.7% (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 |
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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 53.97% in 2022. Horizon Databook has segmented the China eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the largest textile and clothing producer. The government of China has undertaken initiatives such as offering subsidies to textile manufacturers and “Going Out” strategy in its 12th fiveyear plan for textile industry.
This scenario is likely to boost the domestic consumption as well as the consumption of textiles in other Asia Pacific countries by 2025. These factors are positively influencing the growth of eco fiber industry across the region.
Besides this, natural fibers held the highest demand, due to significant consumption of cotton, cellulosic fibers, flax, and jute in the country. Furthermore, the rising consumption of natural fibers for use in household application is expected to be another factor driving the demand for textiles over the years ahead.
Horizon Databook provides a detailed overview of country-level data and insights on the China eco fiber market , including forecasts for subscribers. This country databook contains high-level insights into China eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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