Latin America Eco Fiber Market Size & Outlook, 2022-2030
Latin America eco fiber market, 2018-2030 (US$M)
Related Markets
Latin America eco fiber market highlights
- The Latin America eco fiber market generated a revenue of USD 5,800.1 million in 2022.
- The market is expected to grow at a CAGR of 8.3% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 5,800.1 million |
| Market revenue in 2030 | USD 10,995.4 million |
| Growth rate | 8.3% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.5% of the global eco fiber market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 30,127.2 million by 2030.
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Eco Fiber Market Scope
Eco Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 54.94% in 2022. Horizon Databook has segmented the Latin America eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
Availability of raw materials, such as cotton and polyester, coupled with the presence of textile manufacturing units in the region has made Central & South America as one of the largest producers of textiles including apparels. However, the regional market has witnessed a drop in production in recent years on account of high production costs and reduced global demand.
Nevertheless, the global market is expected to witness a surge over the forecast period on account of growing population, increasing size of the middle-class population, and growing disposable income of consumers.
Increasing construction spending, free trade agreements, abundant availability of raw materials, upcoming events including sports & carnivals, and government initiatives to promote textiles industry are some of the key factors anticipated to drive the market growth in the region over the forecast period
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Our clientele includes a mix of eco fiber market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Latin America eco fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America eco fiber market size, by country, 2018-2030 (US$M)
Latin America Eco Fiber Market Outlook Share, 2022 & 2030 (US$M)
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