The eco fiber market is anticipated to grow to a greater extent owing to rising environmental consciousness amongst people. The use of organic fibers supports the growth of conservative synthetic cottons like no use of chemicals or pesticides. This shields environments and agricultural from chronic diseases, help in generating greater returns for farmers and improve water utilization. This also helps in decreasing dependency on resources and results in improved biodiversity.
MARKET DYNAMICS
One of the extraordinary trend witnessed in the use of eco fiber is that it is extensively accepted in several industry players and industries are also making tenacious efforts to adopt these changes. For instance, international companies like Nike, Otto Group, and Patagonia are shifting their focus on sustainability primarily to carbon emission, reduce waste, and energy. Furthermore, recycled eco fibers have also received huge popularity as it not only reduces harmful environmental effects nonetheless also ensures high premiums to the farmers and secured income.
MARKET SCOPE
The "Global Eco Fibers Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the eco fibers with detailed market segmentation by product and application. The global eco fibers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading eco fibers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global eco fibers market is segmented on the basis of product into organic, manmade/regenerated, recycled, and natural. On the basis of application the eco fibers market is segmented into textiles/apparel, industrial, medical, household and furnishing, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global eco fibers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The eco fibers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the eco fibers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the eco fibers market in these regions.
MARKET PLAYERS
The reports cover key developments in the eco fibers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from eco fibers market are anticipated to lucrative growth opportunities in the future with the rising demand for eco fibers in the global market. Below mentioned is the list of few companies engaged in the eco fibers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the eco fibers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lenzing AG
- US Fibers
- Polyfibre Industries Pvt. Ltd.
- Grasim Industries Ltd.
- Wellman Advanced Materials
- Shanghai Tenbro Bamboo Textile Co., Ltd.
- China Bambro Textile (Group) Co., Ltd.
- Pilipinas Ecofiber Corporation
- Teijin Limited
- David C. Poole Company, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.