The global eco fibers ingredients market size is expected to reach USD 92.62 billion in 2024 and reach USD 159.69 billion by 2029, growing at a CAGR of 11.51% from 2024 to 2029.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with rapid development in the pharmaceutical industry.
Eco fibers are created from either natural materials like organic cotton, hemp, and jute or synthetic materials like polyethylene, polyester, or polypropylene, which are recycled to change them into eco fibers. The major factors propelling for the market are quickly expanding the textile industry in developing nations, including India and China. Growing environmental awareness, along with volatile prices associated with conventional fabrics, has also fuelled the market for eco fibers.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
11.51% |
Segments Covered |
By Type, Application, And Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Lenzing AG, US Fibers, Polyfibre Industries Pvt Ltd, Grasim Industries Ltd, Wellman Advanced Materials, Teijin Limited, Pilipinas Eco fiber Corporation, China Bambro Textile (Group) Co., Ltd. |
The Global Eco Fibers Ingredients market was dominated by the Asia Pacific region, with the largest market share globally, followed by Global and North America, respectively.
Lenzing AG, US Fibers, Polyfibre Industries Pvt Ltd, Grasim Industries Ltd, Wellman Advanced Materials, Teijin Limited, Pilipinas Eco fiber Corporation, China Bambro Textile (Group) Co., Ltd. These market players dominate the global eco-fiber ingredients market.
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