U.S. Eco Fiber Market Size & Outlook, 2022-2030
U.S. eco fiber market, 2018-2030 (US$M)
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U.S. eco fiber market highlights
- The U.S. eco fiber market generated a revenue of USD 9,246.2 million in 2022 and is expected to reach USD 15,608.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.8% 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 9,246.2 million |
| Market revenue in 2030 | USD 15,608.1 million |
| Growth rate | 6.8% (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, U.S. accounted for 21.5% 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 North America, U.S. eco fiber market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 15,608.1 million by 2030.
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Eco Fiber Market Scope
Eco Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 60.19% in 2022. Horizon Databook has segmented the U.S. eco fiber market based on organic, manmade/regenerated, recycled, natural covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. textile industry was one of the largest after China, India, and Germany in 2018. The textile companies in the country are focused on restructuring their businesses, developing effective work processes, and investing in niche products and markets, which, in turn, has proven to be conducive to the growth of eco fiber industry.
According to National Council of Textile Organization, the U.S. textiles industry was valued at USD 77.9 billion in 2017 and witnessed a 16% growth since 2009. The U.S. household & furniture industry is anticipated to witness modest growth rate over the forecast period owing to improving housing market and broader economic recovery in the country.
The expenditure on furniture and bedding have also witnessed an upward trend in recent years, which has further boosted the consumption of eco fiber across the region. Besides this, eco-friendly fibers made from bamboo are rapidly gaining popularity owing to the excellent properties of bamboo such as strength, softness, and versatility.
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Target buyers of U.S. 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 U.S. eco fiber market , including forecasts for subscribers. This country databook contains high-level insights into U.S. eco fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. eco fiber market size, by product, 2018-2030 (US$M)
U.S. Eco Fiber Market Outlook Share, 2022 & 2030 (US$M)
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