Press release
Eco Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021- 2027
The Global “Eco Fiber Market” research delves into detailed and insightful data on important variables such as regional growth, segmentation, and CAGR. The research contains a broad overview of the industry as well as a detailed explanation with a wealth of data. In addition, the production and management variety of end-user sectors. The research on the Eco Fiber market for the review period of 2021 – 2027 includes an in-depth assessment of certain new and significant industry trends, a competitive analysis, and a thorough geographical analysis.In accordance with the Eco Fiber market is set to grow at a CAGR of 11.47% over the forecast period (2021-2027).
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The study covers profiles of major companies operating in the Eco Fiber Market:
Lenzing AG (Austria), Grasim Industries Limited (India), Teijin Ltd (Japan), US Fibers (U.S.), David C. Poole Company, Inc., Foss Manufacturing Company, Polyfibre Industries, Shanghai Tenbro Bamboo Textile, Tangshan Sanyou Group Xingda Chemical Fibre, Wellman Plastics Recycling, China Bambro Textile (Group) Co., Ltd., Pilipinas Ecofiber Corporation, Foss Manufacturing Company, LLC
Industry News:
Lenzing has acquired 2 companies. A total of 1 acquisition came from private equity firms. It has also divested 3 assets.
The Company’s most targeted sectors include manufacturing (50%) and plastics (50%).
Market segment by Type, covers:
Organic Fibers
Recycled Fibers
Regenerated Fibers
Others
Market segment by Application can be divided into:
Textiles
Industrial
Medical
Household & Furnishings
Others
Market Overview
Owing to this, the government of most countries initiated various schemes to revive the sector, which later led to substantial growth and improvement in the sector. For instance, in Europe, the European Union (EU) and Better Work, a program to improve working conditions in the garment industry, decided to join efforts to improve the garment industry working conditions in countries, such as Bangladesh and Vietnam. Such initiatives are expected to revive the sector and boost demand for eco fibers through the years to come.
Over the long run, growing demand for daily and fashion wear and increasing use of eco fiber in household applications are expected to drive the market studied.
The high cost of final products is expected to hinder the market growth of eco fibers through the coming years.
Growing demand for natural fibers in various applications is expected to create opportunities for the market in the coming years.
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Asia Pacific to Dominate the Market
Asia Pacific is expected to dominate the global market, largely driven by the highly developed textile industry in China and India. Moreover, manufacturers prefer to set up manufacturing units in countries, like China, India, Bangladesh, and Pakistan, owing to high cotton production and low labor costs.
Growing environmental issues because of various chemicals used in textiles and a large proportion of the population getting affected by various diseases are increasing the demand for eco fibers in different applications. Eco fibers are human-friendly and cause no damage to the environment even during the production phase.
Eco fibers have also been used for household applications, such as tarpaulins, geotextiles, bags, carpets, and furniture materials. China majorly exports its household materials to other countries, like India, Pakistan, Europe, etc.
Regional Analysis:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Eco Fiber Market
Chapter 1: Eco Fiber Market Product Definition
Chapter 2: Global Market Manufacturer Share and Market Overview
Chapter 3: Manufacturer Business Introduction
Chapter 4: Global Eco Fiber Market Segmentation (Region Level)
Chapter 5: Global Eco Fiber Market Segmentation (Product Type Level)
Chapter 6: Global Market Segmentation (Industry Level)
Chapter 7: Global Market Segmentation (Channel Level)
Chapter 8: Market Forecast 2021-2027
Chapter 9: Segmentation Product Type
Chapter 10: Segmentation Industry
Chapter 11: Cost of Production Analysis
Chapter 12: Conclusion
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Eco Fiber Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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