Press release
Eco-Fiber Market Size & Share by Application, Type and Region - Global Forecast to 2025
The main objective of this report is to define, describe, and forecast the global “Eco-Fiber” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Eco-fiber is a thin long strand or a thread of a vegetable tissue, mineral or a textile with flexible texture, which exists in the natural form. Eco-fibers do not require the use of any pesticides or chemicals to grow. Eco friendly fibers are defined as fibers that have been made with negligible use of chemicals and have limited impact on the environment. They are naturally resistant to mold) and mildew. Hemp, linen, bamboo, and ramie are some of the examples of eco-fibers.
Chemical agents such as wetting agents, scouring agents, soaping, and dyeing agents are used extensively in the manufacture of textile based products. Certain dyes used for garments are prone to cause cancer. Rapid growth of the textile industry and uncertainty or fluctuation in the prices of conventional fabrics are some of the major factors driving the eco-fiber market. Furthermore, major players operating in the eco-fiber market are involved in the manufacture of various eco-friendly products such as organic cotton and bamboo fibers. This is further propelling the eco-fiber market.
Natural and organic clothing is priced more by retailers, since the source of the fiber is free from herbicides and pesticides. Therefore, production of these fibers is not carried out on a large scale.
Asia Pacific accounted for dominant share of the global eco-fiber market in 2016. The region is expected to retain its dominance in the near future. It is anticipated to be followed by North America and Europe. Rapid growth of the textile industry and easy availability of inexpensive labor in Asia Pacific are some of the key factors driving the eco-fiber market in the region. India is the largest producer as well as consumer of eco-fibers; in2016, the country accounts for market share of more than 35%.
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After Asia Pacific, Europe and North America are accounted for the next largest share of global eco-fibers market. Furthermore, according to the Food and Agriculture Organization (FAO) of the United Nations, countries such as the U.K., Turkey, and Germany hold large share of the eco-fiber market in Europe in 2016, while the U.S. constituted the major share of the market in North America.
The Middle East is expected to exhibit strong growth for natural grade eco-fibers, due to the hot and humid weather, which is favorable for this particular grade of fiber.
Prominent players operating in the global eco-fiber market include Ecofibre, Ecological Fibers, Enkev Bv, Esprit Global, Envirotextiles, European Industrial Hemp Association, Bcomp, David C. Poole, and Lenzing AG,.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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