Natural Fibers Market Trends | Sustainable Growth, Demand & Forecast 2024-2031 | Top key players - Sanko Textile, Lenzing AG, Procotex.

The Global Natural Fibers Market reached US$ 5.3 billion in 2023 and is expected to reach US$ 9.7 billion by 2031, growing with a CAGR of 7.9% during the forecast period 2024-2031.

Natural Fibers Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Natural Fibers Market focuses on fibers derived from plants, animals, and minerals, including cotton, wool, silk, flax, hemp, and jute. Growth is driven by rising demand for sustainable textiles, eco-friendly alternatives to synthetic fibers, and advancements in biodegradable materials. Increasing adoption in fashion, home textiles, automotive, and industrial applications is further fueling market expansion.

List of the Key Players in the Natural Fibers Market:

BASF SE, Vardhman Textiles Limited, Grasim Industries Limited, Flexform Technologies, Bharatiya Natural Fibres, Sanko Textile, Lenzing AG, Procotex, J. Rettenmaier & Söhne GmbH + Co KG and Bast Fibre Technologies Inc.

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Industry Development:

On July 13, 2021, Natural Fiber Welding, Inc. (NFW), a leader in plastic-free, all-natural material substitutes for leather, foam, and textiles, secured an investment from BMW i Ventures. This funding will enable NFW to scale from batch processing to commercial roll-to-roll production. With cutting-edge technology, NFW has developed MIRUM, an all-natural, fully recyclable, and durable alternative to synthetic leather, replacing conventional petrochemical-based materials.

On February 17, 2022, Bast Fibre Technologies Inc. (BFT), a premium natural fiber manufacturer, completed its acquisition of Georgia-Pacific's Lumberton Cellulose LLC. The newly renamed BFT Lumberton facility features advanced automation and a workforce of approximately 25 employees. BFT plans to significantly expand production, targeting over 30,000 tons annually, solidifying its position as a leading natural fiber processing hub in North America.

Growth Forecast Projected:

The Global Natural Fibers Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Natural Fibers Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Natural Fibers Market:

By Product: Cotton, Wool, Flax, Silk, Jute, Hemp, Sisal, Kenaf, Linen, Leather, Others.

By Type: Plant Based, Animal Based.

By Process Method: Spinning, Weaving, Knitting, Others.

By End-User: Textile, Automotive, Construction, Agriculture, Packaging, Paper & Pulp, Medical, Furniture, Electrical & Electronics, Others.

Regional Analysis for Natural Fibers Market:

The regional analysis of the Natural Fibers Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Natural Fibers market?

➠ Who are the leading manufacturers in the global Natural Fibers industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Natural Fibers industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Natural Fibers market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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