Market revenue in 2022 | USD 1,915.2 million |
Market revenue in 2030 | USD 3,076.5 million |
Growth rate | 6.1% (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 62.53% in 2022. Horizon Databook has segmented the Germany eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
Increased spending on home decoration in Germany is expected to propel eco fiber market growth for textiles over the forecast period. In addition, the growing use of e-commerce in fashion & apparel sector is another factor contributing to the demand.
The European Commission has formed the European Economic and Social Committee for promoting investments in sustainable fibers in textiles industry. This development concerning for eco-friendly fabrics is anticipated to boost demand in the upcoming years.
Textile industry has carried major significance in the country with over 120,000 personnel employed by garment and textile factories. Also, the country is the 4th largest producer of textile and clothing in the world, which makes it a key exporter. The fashion segment of Germany generated a revenue of €18.5 billion in 2019.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany eco fiber market , including forecasts for subscribers. This country databook contains high-level insights into Germany eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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