Eco-Fibers Market Overview and Insights:

The Global Eco-Fibers Market size is expected to grow from USD 56630 Million in 2023 to USD 102860 Million by 2030, at a CAGR of 8.90% during the forecast period (2023-2030).

Eco fibers, also referred to as sustainable fibers or environmentally friendly fibers, are textile materials manufactured through processes and materials that have a minimal adverse impact on the environment. These fibers are usually sourced from renewable resources or recycled materials, to reduce the consumption of chemicals, energy, and water during production. Eco-fibers help minimize the ecological footprint of the textile industry. By using renewable resources or recycled materials, they reduce the dependence on non-renewable resources and mitigate the negative impacts associated with extraction and processing. Eco fibers aim to minimize the use of harmful chemicals, such as pesticides and synthetic dyes, during production. This not only benefits the environment but also contributes to the health and well-being of workers in the textile industry and consumers who come into contact with these fibers.

Who are the key players operating in the industry?

Vrijesh Natural Fibre & Fabrics Pvt Ltd (India), Trex Company Inc (U.S.), Fiberon (U.S.), OECO Textiles (U.S.), Barnhardt Manufacturing Company (U.S.), Advanced Environmental Recycling Technologies Inc (U.S.), BComp Ltd (Switzerland), The Natural Fibre Company (U.K.), UPM (Finland), TECNARO GMBH (Germany), Procotex (France), FlexForm SpA (U.S.), China National Cotton Group Corp (China), Grasim Industries Limited (Nagda), Shandong Ruyi Technology Group Co Ltd (China), COFCO (China), Ananas Anam (U.K.), BASF SE (Germany), Bast Fiber Technologies Inc. (Canada), Kelheim Fibres GmbH (Germany), Circular Systems (U.S.), Evrnu SPC (U.S.), Natural Fiber Welding Inc (U.S.) and Other Major Players.

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Eco-Fibers Market research is an ongoing process. Regularly monitor and evaluate market dynamics to stay informed and adapt your strategies accordingly. As market research and consulting firm we offer market research report which is focusing on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

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What is included in  Eco-Fibers market segmentation?

The report has segmented the market into the following categories:

By Type

·         Organic Fibers

·         Recycled Fibers

·         Others

By Application

·         Textiles

·         Industrial

·         Household and Furnishing

·         Others

By Region:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

Competitive Landscape:

Competitive Analysis of the  Eco-Fibers Market in the report identifies various key manufacturers of the market. We do company profiling for major key players. The research report includes Competitive Positioning, Investment Analysis, BCG Matrix, Heat Map Analysis, and Mergers & Acquisitions. It helps the reader understand the strategies and collaborations that players are targeting to combat competition in the market. The comprehensive report offers a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the product portfolio, the global price of manufacturers, and production by producers during the forecast period.

Key Industry Developments in the Global Eco-Fibers Market

In April 2023, LENZING™ ECOVERO™ expanded its brand portfolio, offering customers a wider range of sustainable options. Brands and retailers have been able to cater to the growing demand for sustainable apparel and home textile products by utilizing LENZING™ ECOVERO™ branded specialty viscose fibers. These fibers have provided numerous eco-friendly options that are both fashionable and comfortable. With their strong sustainability credentials, LENZING™ ECOVERO™ fibers are highly recognized in the industry, making them a preferred choice for brands and consumers alike who want to make a positive impact on the environment.

 Key Industry Developments in The Global Eco-Fibers Market

In April 2023, PayPal Ventures invested in Finanzguru. Frankfurt-based Eco-Fibers Finanzguru, Germany’s leading open-banking enabled, holistic financial advisor, has raised €13 million led by new investors SCOR Ventures and PayPal Ventures, with participation from existing investors including Deutsche Bank, coparion, VR Ventures, Hannover Digital Investments, Venture Stars and former Postbank CEO Frank Strauss.

Highlights from the report:

  • Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global  Eco-Fibers Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
  • Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

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