India Eco Fiber Market Size & Outlook, 2022-2030
India eco fiber market, 2018-2030 (US$M)
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India eco fiber market highlights
- The India eco fiber market generated a revenue of USD 2,653.7 million in 2022 and is expected to reach USD 5,976.7 million by 2030.
- The India market is expected to grow at a CAGR of 10.7% 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 2,653.7 million |
| Market revenue in 2030 | USD 5,976.7 million |
| Growth rate | 10.7% (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 |
Other key industry trends
- In terms of revenue, India accounted for 6.2% 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 Asia Pacific, China eco fiber market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,976.7 million by 2030.
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Eco Fiber Market Scope
Eco Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 50.14% in 2022. Horizon Databook has segmented the India eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
India is likely to be the fastest-growing market for the total textiles market in Asia Pacific. The growing population, per capita consumption of apparels, and increasing foreign investments are some of the major socio-economic factors that are likely to support the market growth in the country.
However, the rising use of polyester, acrylic fibers, and viscose for household, technical, and clothing applications is expected to hamper the growth of eco fibers across the region. Additionally, the increasing use of handbags, clothing accessories, and apparels is expected to drive the demand for textiles in fashion & clothing applications over the years ahead.
Rising consumption of handloom, sericulture, and handicrafts in India is likely to propel the demand for natural fiber by the end of the forecast period. Medical textiles are also anticipated to witness high growth rate owing to the rapidly expanding geriatric population, which has led to a rise in chronic diseases across the rural areas.
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Our clientele includes a mix of eco fiber market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India eco fiber market , including forecasts for subscribers. This country databook contains high-level insights into India eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India eco fiber market size, by product, 2018-2030 (US$M)
India Eco Fiber Market Outlook Share, 2022 & 2030 (US$M)
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