Global Eco Fiber Market to be Dominated Clothing/Textile Segment Through 2028
Rising demand from clothing & textile
sector and growing awareness about the organic fibers is expected to drive the demand for the eco fiber
market in the forecast period, 2024-2028.
According to TechSci Research
report, “Eco Fiber Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, The global eco fiber market
is projected to increase at an impressive rate in the forecast period, 2024-2028.
Eco fibers are typically composed of various substances used in the production
of fabrics, such as hemp, flax, organic cotton, and bamboo. The advantage over
conventional fibers, from production to use comfortability, is a factor to
propel the demand for eco-fibers in the textile market. High cost and limited
production impede the global eco fiber market growth.
Eco Fiber has
significant advantages due to its properties like excellent resistance to mold,
mildew, and diseases, making eco-fibers the preferred textile material for
cleaning or wearing purposes in the medical sector. The Stringent regulations
endorsed by governments around the world to encourage the production of
bio-based products have urged garment manufacturers to use natural or organic
raw materials. These will help reduce pollution and its effect on the
environment and create demand for eco-fibers as a substitute in the market.
Besides these, technological progress and growing people's awareness about
organic fibers are expected to drive the eco-fiber market in the anticipated
years.
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data Figures spread through XX Pages and an in-depth TOC on "Global Eco Fiber Market"
The global eco
fiber market is segmented based on type and application. Based on type,
the market is divided into regenerated fibers, recycled fibers, organic fibers,
and others. The organic fibers segment is expected to hold the largest market
share in the forecast period, 2024-2028. Owing to increasing awareness towards
environmentally friendly products and stringent government regulations on
substitute products, which emphasizes to use of efficient and environmentally
friendly fiber production techniques. Thus, it creates the demand for organic
fibers in the segment and dominates the global eco-fiber market.
Based on
application, the market is divided into clothing/textile, household furnishing,
medical, and others. The clothing/textile segment is expected to hold the
largest market share in the forecast period, 2024-2028. Due to disease free and
naturally resistant to mold mildew, it is highly demanded in textile industries
and dominates the global eco-fiber market.
Major
companies operating in global eco fiber market are:
- Lenzing AG
- Grasim Industries
Ltd.
- Shanghai Tenbro
Bamboo Textile Co. Ltd.
- China Bambro Textile
(Group) Co., Ltd.
- Pilipinas Ecofiber
Corporation
- Teijin Limited
- David C. Poole
Company, Inc.
- Polyfiber Industries
Limited
- Sateri Group
- Wellman Advanced
Materials LLC
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"Asia-Pacific
region is expected to dominate the global Eco Fiber market in the upcoming
years due to its increasing demand for the sustainable textile product and the
growth of this region's apparel and textile industry. Apart from these,
increasing medical tourism and expanding medical infrastructure in the region
are propelling the eco fibers market in the Asia Pacific region. Thus, the
growing demand for textiles in the region is expected to drive the growth of
the Eco Fiber market in the anticipated period." said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Eco Fiber Market- Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type
(Regenerated Fibers, Recycle Fibers, Organic Fibers, Others), By Application
(Clothing/Textile, Household Furnishing, Medical, Others), By Company and By
Region,
has evaluated the future growth potential of global eco fiber market and
provides statistics & information on market size, structure, and future
market growth. the report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global eco fiber market.”
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