The major reasons for the growth of the organic fiber market are increasing demand from industry, increasing use of man-made cellulose fibers, and emerging markets. The market is constrained by high manufacturing costs and the availability of cheaper alternatives such as synthetics. The introduction of new creative technologies for producing regenerated cellulose is an opportunity in the eco-fiber market. Furthermore, the main problem facing eco-fibers is the challenges in the cotton textile industry and the development of cost-effective production processes.
The COVID-19 outbreak has hit the textile industry hard with the temporary closure of manufacturing facilities, resulting in reduced production and decreased demand for products. There is further disruption to supply chains. However, the pandemic has put him in increased demand for PPE kits and masks, resulting in increased consumption of the product. Restrictions on synthetic fabrics have shifted to cotton and linen for the production of masks for daily use. It boosted demand and thereby pushed the market forward.
The Global ECO Fibers Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Aditya Birla Management, Ananafit,Aquafi, Bcomp, David C. Poole, Eco fibre, Ecological Fibers., Lenzing AG, Envirotextiles, Esprit Global, European Industrial Hemp Association, Flexform Technologies, Foss Manufacturing, Grasim Industries Limited, Greenfibres, HayleysFibers, Teijin Ltd., US Fibers.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment – By Product Type(Synthetic Fibers, Natural Fibers), By Application (Textile, Furniture, Medical Supplies).
This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.