Press release
Global and United States Ramie Fiber Market Insights, Forecast to 2026
Ramie fiber has several desirable properties that make it popular in various applications. It is lightweight, highly absorbent, resistant to bacteria and mildew, and possesses excellent breathability. These characteristics make it suitable for a range of products, including apparel, home textiles, industrial textiles, and technical textiles.
The global Ramie Fiber market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Ramie Fiber is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Ramie Fiber is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Ramie Fiber include Wildfibres, Kingdom, Yantai Xinchao Industry, Ningbo Gongyao Sealing Materials, RUS-KIT Sealing Materials, SwicoFil Ag and Huasheng Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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The global ramie fiber market has experienced steady growth in recent years due to increasing consumer demand for sustainable and eco-friendly textiles. Ramie is considered an environmentally friendly fiber because it requires minimal pesticides and fertilizers during cultivation, and its production has a lower impact on land and water resources compared to other natural fibers like cotton.
The market is influenced by factors such as fashion trends, consumer preferences for natural and sustainable materials, and the growth of the textile industry in emerging economies. Additionally, technological advancements in processing techniques have improved the quality and versatility of ramie fiber, expanding its applications in various industries.
China is the largest producer and exporter of ramie fiber, accounting for a significant share of the global market. Other major producing countries include Brazil, India, and several Southeast Asian nations. These countries have favorable climatic conditions for ramie cultivation.
However, the ramie fiber market faces challenges such as high production costs, limited awareness among consumers, and competition from other natural and synthetic fibers. Efforts are being made to address these challenges through research and development activities aimed at improving the production process and enhancing the fiber's properties.
Overall, the ramie fiber market is expected to continue growing as consumers increasingly prioritize sustainable and eco-friendly textiles. The versatility and unique properties of ramie fiber make it an attractive choice for various applications, and with continued advancements in processing techniques, its market potential is likely to expand further.
Ramie Fiber Market by Type
• First Grade
• Second Grade
• Third Grade
Ramie Fiber Market by Application
• Flying parachute
• Insurance rope
• Home Textiles
• Clothing
• Other
BY REGION
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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