Viscose Fibre Market to See Huge Growth with CAGR 4.28% with Emerging Trends, Top Leading Players with Strategies and Forecast 2029

Exactitude Consultancy Market Research analyses that the Viscose Fibre Market will witness a CAGR of 4.3% for the forecast period of 2023-2029 and is likely USD 4.7 billion in 2022 to reach at USD 6.89 billion by 2029.

Research report on the Viscose Fibre market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Viscose Fibre market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Market Dynamics

Viscose Staple Fiber Market Drivers

Replacement of cotton by Viscose Staple Fiber (VSF)

The adoption of VSF is likely to increase due to the ambiguity in cotton prices. When compared to cotton, it is less expensive, has a silky texture, feels soft and luxurious whereas cotton prices are likely to be expensive, pricier, water holds longer which leads to sheets that don't dry as quickly and shrinks. The global viscose staple fiber market is mainly driven by the rising demand for changing fashion trends and rise in shopping habits among the consumers is triggering the growth rate of the global viscose staple fiber market. Although, competition from synthetic fibers is expected to hinder the market growth.

Viscose Staple Fiber Market Challenges

Viscose Staple Fiber (VSF) is not an Environmentally Friendly

Viscose staple fiber (VSF) is not environmentally friendly due to water waste in the production process, saturation of chemicals, and destruction of local ecosystems. The production of viscose uses a high concentration of toxic chemicals that pollute the air and water. Sulfur, nitrous oxides, carbon, disulfide, and hydrogen sulfide are found in air emissions around viscose manufacturing sites and deforestation and water waste both in watering the trees and in the process of turning those trees into the fabric. Viscose staple fiber (VSF) is biodegradable and made from a renewable resource, although the environmental impact of producing viscose is still high.

Prominent Key players of the Viscose Fibre Market survey report:

Historical data available in the report elaborates on the development of the Viscose Fibre on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Lenzing AG, Birla Cellulose, SATERI, XINJIANG ZHONGTAI CHEMICAL CO., LTD., and Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd.

Viscose Staple Fiber Market Recent Developments

In February 2021, Asia Pacific Rayon (APR) announced its plans to increase its production capacity to 600,000 metric ton to meet the strong growth potential of viscose staple fiber and strengthen its market position in Indonesia and export markets across the region. The additional capacity will be achieved through improved optimization and efficiencies and by adding a 300,000-metric-ton viscose production facility in Pangkalan Kerinci, where the company is co-located with the sister company and fiber supplier APRIL Group.
In July 2020, Renewcell announced their biggest collaboration, partnering with Levi's on their Wellthread line. The line of jeans, being described as Levi's most sustainable jean ever, contain 40% Circulose viscose staple fiber, blended with 60% virgin organic cotton. The Circulose viscose staple fiber itself is comprised of 50% recycled cotton from post-consumer jeans and is blended with wood pulp from a Canopy Style green shirt producer.

Viscose Fibre Market Segmentation:

Viscose Fibre Market by Type, 2023-2029, (USD Million)

» High Wet Modulus Fibre

» Strong Fibre

» Modified Fibre

» Others

Viscose Fibre Market by Application, 2023-2029, (USD Million)

» Textile Apparel

» Non-Woven

» Specialty

Viscose Fibre Market by End User, 2023-2029, (USD Million)

» Healthcare

» Automotive

» Others

The regional outlook by revenue covers the countries namely:

✦ North America (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 Middle East & Africa)

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Key Features of the Viscose Fibre Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Viscose Fibre industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Viscose Fibre industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Viscose Fibre Market Research Report 2023-2029

1 Viscose Fibre Market Overview

1.1 Product Overview and Scope of Viscose Fibre

1.2 Viscose Fibre Segment by Type (Product Category)

1.3 Global Viscose Fibre market Segment by Application

1.4 Global Viscose Fibre Market by Region (2023-2029)

1.4.1 Global Viscose Fibre Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Viscose Fibre (2023-2029)

1.5.1 Global Viscose Fibre Revenue Status and Outlook (2023-2029)

1.5.2 Global Viscose Fibre Capacity, Production Status and Outlook (2023-2029)

…

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