Market revenue in 2022 | USD 7,465.8 million |
Market revenue in 2030 | USD 11,236.3 million |
Growth rate | 5.2% (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 60.62% in 2022. Horizon Databook has segmented the Europe eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
France and Spain were the biggest textile manufacturers and together accounted for 75% of textile and clothing production in Europe in 2016. The key industry players have transformed their business from the manufacturing of yarns and fabrics to a wide variety of products, such as hi-tech synthetic yarns, bed-linen, wool, industrial filters, clothing, and geo-textiles, among others.
The demand for silk fabrics for use in household and fashion & clothing applications is expected to provide substantial scope for the market growth of eco fiber in Europe over the years ahead. This trend is projected to reflect in France and Italy among other countries in the region.
Strict regulations imposed by the REACH and ECHA on product quality and distribution of synthetic fabrics are expected to boost the growth rate of sustainable fibers across the region. Rising demand for environment-friendly solutions in various industrial applications is expected to drive the demand for textiles with specific features.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe eco fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Europe eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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