Lyocell Fiber Market Challenges and Forecast Analysis By 2028

IMARC Group has recently released a new research study titled “Lyocell Fiber Market Report by Product (Staple Fiber, Cross Linked Fiber), Application (Apparel, Home Textiles, Medical and Hygiene, Automotive Filters, and Others), and Region 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the lyocell fiber market?

The global lyocell fiber market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Lyocell Fiber Characteristics:

Lyocell fiber is a form of rayon made from dissolving pulp, typically derived from wood pulp. It is renowned for its environmental sustainability and is 100% biodegradable. The fiber is characterized by its high tensile strength, efficient moisture-wicking properties, and its soft, smooth finish. These properties make lyocell fiber a highly desirable material in textiles, particularly in the manufacture of apparels like shirts, trousers, and even undergarments. It is also increasingly used in home textiles such as bed linens, curtains, and upholstery.

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Lyocell Fiber Market Growth Factors and Trends: 

The growing consumer awareness regarding sustainable and eco-friendly products is a significant driver in the increasing demand for lyocell fiber.

Furthermore, its high tensile strength and durability make it a suitable alternative to cotton and polyester, particularly in sportswear and outdoor clothing, thus acting as a growth accelerator in the market. Innovations in production methods that enhance the fiber's qualities, such as color retention and material strength, are creating new opportunities for manufacturers, thereby boosting the market.

Lyocell's utility in multiple textile applications from apparel to home furnishings is expanding its market reach. Its natural breathability and moisture-wicking properties make it highly sought after in the manufacture of active wear and intimate apparel. Premium brands are increasingly adopting lyocell fiber to elevate the quality and sustainability credentials of their products, thus enhancing its marketability and consumer appeal. The versatility of lyocell fiber also extends to industrial uses like specialty papers, medical equipment, and filtration materials. Its low ecological impact, particularly in closed-loop production systems where nearly all the chemicals used are recovered and recycled, adds another layer to its appeal. The fiber's applicability extends beyond traditional textiles; it is increasingly being used in non-woven applications and even in the automotive industry for tire cords.

The expansion of distribution channels, including online platforms specializing in sustainable materials, is further broadening consumer access to lyocell-based products.

Who Are The Key Players Operating In The Industry?

Lyocell Fiber Companies/Manufacturers:

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Market Segmentation:

The report has segmented the market into the following categories.

Breakup by Product:

Breakup by Application:

Breakup by Region:

Key Highlights of the Report:           

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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