Global Eco Fibers Markets Report Report 2023: Market to Reach $55.3 Billion by 2030 - Banana Fiber Ushering New Fashion Trend
Global Market for Eco Fibers
Dublin, Feb. 03, 2023 (GLOBE NEWSWIRE) -- The "Eco Fibers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Eco Fibers Market to Reach $55.3 Billion by 2030
The global market for Eco Fibers estimated at US$40.9 Billion in the year 2022, is projected to reach a revised size of US$55.3 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030.
Regenerated Fibers, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$29 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Natural Fibers segment is readjusted to a revised 4.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $12 Billion, While China is Forecast to Grow at 3.7% CAGR
The Eco Fibers market in the U.S. is estimated at US$12 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.9 Billion by the year 2030 trailing a CAGR of 3.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Looking Ahead to 2023
Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
Influencer Market Insights
World Market Trajectories
Eco Fibers - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Eco Fibers - Global Outlook
Textile Industry Escalates Demand for Eco-Fibers
Eco-Fiber - Are they Really Environment Friendly?
FOCUS ON SELECT PLAYERS (Total 47 Featured)
David C. Poole Company, Inc.
Grasim Industries Ltd.
Polyfibre Industries Pvt Ltd.
Shanghai Tenbro Bamboo Textile Co., Ltd.
Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd.
MARKET TRENDS & DRIVERS
Bamboo's Application in Towel Sector
Banana Fiber Ushering New Fashion Trend
Viscose Fiber - Technological Advancements
Eco-Friendly Fibers - An Overview
Types of Eco-Friendly Fibers
For more information about this report visit https://www.researchandmarkets.com/r/vxepv1-fibers?w=12
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