Industry Landscape

Global Eco-Fibers market was valued at USD 56630 million in 2023 and is expected to reach USD 102860 million by the year 2030, at a CAGR of 8.90% over the forecast period 2023- 2030.

A power plant is an industrial facility that generates electricity from primary energy. Most Eco fibers, also referred to as sustainable fibers or environmentally friendly fibers, are textile materials manufactured through processes and materials that have a minimal adverse impact on the environment. These fibers are usually sourced from renewable resources or recycled materials, to reduce the consumption of chemicals, energy, and water during production.

Eco-fibers help minimize the ecological footprint of the textile industry. By using renewable resources or recycled materials, they reduce the dependence on non-renewable resources and mitigate the negative impacts associated with extraction and processing.

Eco fibers aim to minimize the use of harmful chemicals, such as pesticides and synthetic dyes, during production. This not only benefits the environment but also contributes to the health and well-being of workers in the textile industry and consumers who come into contact with these fibers.

With growing awareness about sustainability, consumers are increasingly seeking products made from eco-friendly materials. The popularity of eco-fibers can drive market demand, leading to increased availability and affordability, and encouraging the textile industry to adopt more sustainable practices. Eco-fibers play a crucial role in transforming the textile industry towards a more sustainable and responsible future.

 Major Industry Participants in the Eco-Fibers Market

• • Trex Company Inc (U.S.)
  • Fiberon (U.S.)
  • OECO Textiles (U.S.)
  • Barnhardt Manufacturing Company (U.S.)
  • Advanced Environmental Recycling Technologies Inc (U.S.)
  • FlexForm SpA (U.S.)
  • Circular Systems (U.S.)
  • Evrnu SPC (U.S.)
  • Natural Fiber Welding Inc (U.S.)
  • Circular Systems (U.S.)
  • Natural Fiber Welding Inc (U.S.)

 Market Dynamics and Contributing Factors

The market for eco-fibers has witnessed a significant inclination in recent years, primarily due to the increasing demand for luxurious and fashionable sustainable products. With heightened awareness about the environmental impact of consumer choices, individuals are now seeking stylish, high-quality items that align with their values. This shift in consumer preferences has fueled the popularity of eco-fibers, which offer a compelling combination of sustainability and trendy designs.

Leading luxury brands and fashion designers have acknowledged this trend and are integrating eco-fibers into their collections, showcasing the versatility and aesthetic appeal of these sustainable materials. Whether it's organic cotton, bamboo, recycled polyester, or innovative plant-based fibers, the eco-fiber market is witnessing a surge in innovative and visually appealing options.

The rising environmental concern presents a significant opportunity for the eco-fiber market. As the global population becomes more aware of the environmental challenges we face, there is an increasing demand for sustainable alternatives in various industries, including fashion and textiles. This heightened awareness has led consumers to seek eco-friendly options that minimize their impact on the planet.

The eco-fiber market, with its focus on sustainable sourcing, production, and use of materials, is well-positioned to capitalize on this growing trend. Eco fibers offer a range of benefits, such as reduced carbon emissions, decreased water, and energy usage, and minimized reliance on harmful chemicals. These factors align with the values and preferences of environmentally conscious consumers.

Key Insights in the Eco-Fibers Market Report

• • By Type, the organic fibers segment holds a dominant position in the eco-fiber market. Organic fibers are derived from plants that are grown without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). They are cultivated using organic farming practices, which prioritize environmental sustainability and promote soil health.
  • By Application, the Household and Furnishing segment is anticipated to dominate the Eco-Fibers market over the forecast year. This segment's ascendancy is fueled by increasing consumer awareness and demand for sustainable and environmentally friendly products in household textiles and furnishings. With a growing emphasis on eco-conscious lifestyles,
  • By Region, Asia Pacific is expected to dominate the Eco-Fibers market, during the projected period. The Asia Pacific region is anticipated to have a significant presence in the global market, primarily driven by the well-established textile industry in countries such as China and India. The presence of these robust textile sectors contributes to the dominance of the region in the market.

Significant Industry Development

In April 2023, LENZING™ ECOVERO™ expanded its brand portfolio, offering customers a wider range of sustainable options. Brands and retailers have been able to cater to the growing demand for sustainable apparel and home textile products by utilizing LENZING™ ECOVERO™ branded specialty viscose fibers. These fibers have provided numerous eco-friendly options that are both fashionable and comfortable. With their strong sustainability credentials, LENZING™ ECOVERO™ fibers are highly recognized in the industry, making them a preferred choice for brands and consumers alike who want to make a positive impact on the environment.

In March 2023, Nanollose extended its fiber collaboration with Birla Cellulose. Nanollose, an Australian biotechnology company, has announced the renewal of its partnership with Grasim Industries, a producer of man-made cellulosic fibers. The collaboration aims to further the commercialization of Nanollose's eco-friendly and sustainable "tree-free" fibers. Nanollose and Birla Cellulose have collaborated extensively to create a high-tenacity lyocell fiber using microbial cellulose. This form of cellulose, derived from a natural fermentation process on various food and agricultural waste and by-products, is considered "Tree-Free."

Eco-Fibers Market Segmentation

By Type

• • Organic Fibers
  • Recycled Fibers
  • Others

By Application

• • Textiles
  • Industrial
  • Household and Furnishing
  • Others

For this report, AkVis Intelligence Research has segmented the Eco-Fibers Market based on region.

Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)

North America

• • The U.S.
  • Canada
  • Mexico

Eastern Europe

• • Bulgaria
  • The Czech Republic
  • Hungary
  • Poland
  • Romania
  • Rest of Eastern Europe

Western Europe

• • Germany
  • UK
  • France
  • Netherlands
  • Italy
  • Russia
  • Spain
  • Rest of Western Europe

Asia Pacific

• • China
  • India
  • Japan
  • South Korea
  • Malaysia
  • Thailand
  • Vietnam
  • The Philippines
  • Australia
  • New-Zealand
  • Rest of APAC

Middle East & Africa

• • Turkey
  • Bahrain
  • Kuwait
  • Saudi Arabia
  • Qatar
  • UAE
  • Israel
  • South Africa

South America

• • Brazil
  • Argentina
  • Rest of SA