Cellulose Fiber Market Size, Share, Opportunities, And Trends By Type (Natural, Man-Made), By Application (Textile, Industrial, Hygiene, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061610932
- Pages : 150
The cellulose fiber market is projected to grow at a CAGR of 4.42% between 2025 to 2030.
Cellulose fiber refers to a fiber derived from wood pulp or cellulose which is a plant-based fibrous material. Due to the rising concerns regarding environmental degradation and climate change around the world, the companies are looking out as an alternative for petrochemical sourced fibers and are shifting towards environment-friendly and biodegradable fibers, which is increasing the demand for cellulose fibers around the world and is anticipated to propel the growth of cellulose fiber market during the forecast period. Also, as cellulose fibers are widely used in the textile and apparel industry, the growth in the textile and apparel industry around the world is providing a boost to the demand for cellulose fiber and is projected to surge the growth of the cellulose fiber market in the coming years.
The recent outbreak of the novel coronavirus disease harmed the cellulose fiber market. The pandemic led to a decline in the textile and apparel industry which negatively impacted the growth of the cellulose fiber market. Also, due to lockdowns around the world, the industries were shut down, and even where the industries were opened, there was a shortage of labor. The retail sales declined and the focus of consumers for the short term shifted to essential items only. This led to a decline in the cellulose fiber market during the pandemic. However, the lockdown has been lifted in most parts of the world, trade restrictions have been eased, and the textile and apparel demand has increased, but the complete recovery of the cellulose fiber market is not expected to be achieved before the year 2022.
The cellulose fiber market has been classified on the basis of type, application, and geography. By type, the market has been classified on the basis of Natural (Cotton, Jute, and others) and Man-made (Viscose, Modal, Lyocell, and others). On the basis of application, the segmentation has been done into Textile, Hygiene, Industrial, and others. Geographically, the market for cellulose fiber has been distributed in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
The rise in demand for environment-friendly fiber
One of the key factors supplementing the cellulose fiber market growth is the increased focus of the world on finding an environment-friendly and biodegradable fiber. As the issue of climate change, environmental pollution and sustainability have taken a storm, more and more companies are trying to shift towards a green option for fibers from the traditionally used petrochemical sourced fibers which lead to large amounts of carbon emissions in the environment. As a result, cellulose fibers are gaining demand, which is anticipated to grow further during the forecast period providing a surge to the growth of the cellulose fiber market. The recyclability of cellulose fibers provides it with an advantage over other materials. Also, cellulose fibers, due to their green properties, are being increasingly considered to reinforce and replace plastics in many applications. Cellulose nanofiber is one such material that exhibits similar properties to plastic, such as being lightweight, strong, transparent, with high barrier properties to water and gas, which is the reason why it is being seen as an alternative to plastics not just in the food industry, but also in various others industries like medicine, cosmetics, and electronics. The hunt for a biodegradable and environment-friendly fiber has prompted an increase in research and development on cellulose fibers and new fibers are being produced as an alternative to previously-used fibers. For instance, while working on finding an alternative for glass-fiber-reinforced plastics, the German Institutes for Textile and Fiber Research Denkendorf (DITF) developed a material named PURECELL. The material is made up of pure cellulose and hence is fully recyclable. The constant development in researches is providing increased opportunities to replace environment-degrading fibers with environment-friendly ones, which is anticipated to propel the growth of the cellulose fiber market in the coming years.
Growth of textile and apparel industry around the world
The world is witnessing significant growth in the textile and apparel industry, which is anticipated to be one of the prominent factors driving the growth of cellulose fibers during the forecast period. According to World Statistical Review 2019 by World Trade Organization (WTO), the total value of world textile exports amounted to $315 billion and apparel exports totaled $505 billion in 2018. There was an annual rise of 6.4% in textiles and 11.1% in apparel. WTO stated that it was the fastest growth seen in six years. With the rise in urbanization and the high purchasing power of consumers, there is a shift from need-based purchase to aspiration-based purchase which is surging the demand for textile and apparel. The rise in per capita income and the increase in consumer spending around the world are driving the growth of the textile and apparel industry, which is anticipated to surge the growth of the cellulose fiber market during the forecast period, as cellulose fibers are widely used in the textile industry. The textile industry has been growing rapidly in Southeast Asian countries like India, Vietnam, Bangladesh, among others, which is filling the supply gap for the increased demand for textile and apparel around the world, leading to a boost in the growth of cellulose fiber market which is projected to continue proliferating during the forecast period.
The Asia Pacific to hold a significant market share
Geographically, the Asia Pacific region is anticipated to hold a significant market share due to the region being the leading manufacturer of textiles in the world. Furthermore, the North American region is anticipated to witness substantial market growth owing to the rise in research and development in the region to make new innovative fibers with cellulose.
Competitive Insights
Prominent/major key market players in the cellulose fiber market include Lenzing AG, Birla Cellulose, and Kelheim Fibres GmbH, among others. The players in the cellulose fiber market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the cellulose fiber market.
Segmentation
- By Type
- Natural
- Cotton
- Jute
- Others
- Man-made
- Viscose
- Modal
- Lyocell
- Others
- Natural
- By Application
- Textile
- Industrial
- Hygiene
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Cellulose Fiber Market Analysis, by Type
5.1. Introduction
5.2. Natural
5.2.1. Cotton
5.2.2. Jute
5.2.3. Others
5.3. Man-made
5.3.1. Viscose
5.3.2. Modal
5.3.3. Lyocell
5.3.4. Others
6. Cellulose Fiber Market Analysis, by Application
6.1. Introduction
6.2. Textile
6.3. Hygiene
6.4. Industrial
6.5. Others
7. Cellulose Fiber Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. UK
7.4.4. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. Japan
7.6.4. South Korea
7.6.5. Taiwan
7.6.6. Thailand
7.6.7. Indonesia
7.6.8. Others
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. Lenzing AG
9.2. Birla Cellulose
9.3. Sateri
9.4. Kelheim Fibres GmbH
9.5. Tangshan Sanyou Xingda Chemical Fiber Co., Ltd.
9.6. International Paper
9.7. Eastman Chemical Company
9.8. Fulida Group Holding Co., Ltd
9.9. CFF GmbH & Co. KG
9.10. Sappi Limited
Lenzing AG
Birla Cellulose
Sateri
Kelheim Fibres GmbH
Tangshan Sanyou Xingda Chemical Fiber Co., Ltd.
International Paper
Eastman Chemical Company
Fulida Group Holding Co., Ltd
CFF GmbH & Co. KG
Sappi Limited
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