Eco Fibres Market was valued at USD 19.4 Billion in 2022 and is projected to reach USD 30.5 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The global eco fibres market was valued at approximately USD 27.6 billion in 2022, with a compound annual growth rate (CAGR) of 7.8% projected from 2023 to 2030. This growth is driven by increasing consumer awareness regarding sustainability and the environmental impact of conventional fibres. Key drivers include the rising demand for organic and recycled materials across various applications, including apparel, home textiles, and industrial products. The market is witnessing significant investments in research and development to innovate new eco-friendly fibre technologies, which are expected to further fuel market expansion. The Asia-Pacific region, in particular, is experiencing rapid growth due to its large textile manufacturing base and increasing focus on sustainable practices.
Emerging market opportunities within the eco fibres sector are abundant as global regulatory frameworks become stricter and consumer preferences shift towards greener alternatives. The increasing emphasis on reducing carbon footprints and the growing trend of circular economy practices are creating new avenues for market players. Additionally, advancements in fibre recycling technologies and the development of biodegradable fibres are expected to provide substantial growth prospects. North America and Europe are leading in terms of market maturity, while regions such as Latin America and Africa are emerging as significant players due to their expanding industrial sectors and growing sustainability initiatives.
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European Industrial Hemp Association
David C. Poole
Ecofibre
Foss Manufacturing
Ananafit
Aditya Birla Management
Esprit Global
Ecological Fibers
Enkev Bv
Envirotextiles
Aquafi
Hayleys Fibers
Flexform Technologies
Greenfibres
Hubei Jinhaniang
Bcomp
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Eco Fibres Market
Medical Supplies
Textile
Furniture
Other
Based on Types the Market is categorized into Below types that held the largest Eco Fibres market share In 2023.
Natural Fibres
Synthetic Fibres
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Eco Fibres Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Eco Fibres Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Eco Fibres Market, By Type
6. Global Eco Fibres Market, By Application
7. Global Eco Fibres Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Eco Fibres Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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