Saudi Arabia Eco Fiber Market Size & Outlook, 2022-2030
Saudi Arabia eco fiber market, 2018-2030 (US$M)
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Saudi Arabia eco fiber market highlights
- The Saudi Arabia eco fiber market generated a revenue of USD 762.6 million in 2022 and is expected to reach USD 1,214.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6% 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 762.6 million |
| Market revenue in 2030 | USD 1,214.0 million |
| Growth rate | 6% (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, Saudi Arabia accounted for 1.8% 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 Middle East & Africa, Saudi Arabia eco fiber market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,214.0 million by 2030.
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Eco Fiber Market Scope
Eco Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 59.81% in 2022. Horizon Databook has segmented the Saudi Arabia eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia has been a notable market for men’s, women’s, and children’s clothing with a distinct demarcation between the different economic classes of the population. Changing lifestyle of the consumers is expected to drive the demand for western clothes, particularly among the youth.
High disposable income and positive consumer perception toward fashion are expected to drive the demand for apparels as well as accessories such as handbags, shoes, and ties over the forecast period.
In addition to apparel, the demand for technical textiles is also high in the country owing to the presence of large oil & gas sector. Rapid infrastructure development, increasing number of medical facilities, and rising number of manufacturing units are further expected to propel the demand for medical-grade textiles and technical textiles including geosynthetics.
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Target buyers of Saudi Arabia eco fiber market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia eco fiber market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia eco fiber market size, by product, 2018-2030 (US$M)
Saudi Arabia Eco Fiber Market Outlook Share, 2022 & 2030 (US$M)
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