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Global Eco Fibers Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Eco Fibers Market value is expected to reach $74.65 billion growing at a CAGR of 9.6% during 2023-2030.Eco Fibers are type of fibers that do not require the use of pesticides and chemicals for growth. These fibers are resistant to mold, mildew, and disease-free. The product majorly includes linen, ramie, bamboo, and hemp, which make organic and eco-friendly fiber for textile and apparel applications. Advanced technologies have led to the development of products that have microbe resistance, UV resistance, and breathable properties.
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During the forecast period, North America is anticipated to grow strongly. The market is characterized by high growth in demand for eco fibers in end-user industries such as textiles, industrial textiles, medical textiles, packaging, and household. In addition, the presence of an aging population and initiatives to develop superior sports apparel are expected to aid the growth of the regional market over the forecast period. Furthermore, factors such as growing sustainable practices owing to increasing awareness regarding environmental protection are driving eco fiber growth across the region. Relaxed regulations for migration have led to the immigration of a multi-ethnic population, which is projected to drive the demand for fashion and apparel over the forecast period.
Some of the key players in Eco Fibers market include Aditya Birla Management Corporation Pvt. Ltd, AGL Polyfil Private Limited, Bambro Textile (Group) Co., Ltd., Barnet Intelligent Materials, BLS Ecotech, Composition Materials CO., INC., David C. Poole Company, Inc, Foss Performance Materials, Ganesha Ecosphere LTD., Grasim Industries Ltd., Jb Ecotex Limited, Komal Fibres, Lenzing AG, Pilipinas Ecofiber Corp., Polyfibre Industries, Proma Industries LTD., SATERI, Shanghai Tenbro Bamboo Textile Co. Ltd, Shyam Fibers Private Limited, Tangshan Sanyou Group, Teijin Limited, UNIFI, INC., Universal Fibers Inc., Vishal Poly Fibers PVT. LTD., Wellman Advanced Materials and Xingda Chemical Fibre Co. Ltd.
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Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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