Natural Fibers Market Demand, Analysis, Size, Share And Forecast Report 2024 To 2033

The Business Research Company offers in-depth market insights through Natural Fibers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The natural fibers market size has grown strongly in recent years. It will grow from $70.41 billion in 2023 to $74.34 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to cultural heritage and tradition, textile industry evolution, industrial revolution impact, cyclical demand patterns, cotton dominance.

The natural fibers market size is expected to see strong growth in the next few years. It will grow to $93.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to supply chain optimization, competitive landscape, innovation in processing, shift in consumer trends, rising research investments. Major trends in the forecast period include sustainability drive, innovation in applications, fashion and design influence, circular economy initiatives, brand sustainability commitments.

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Market Segmentation:
The natural fibers market covered in this report is segmented -

1) By Type: Cellulose based natural fiber, Protein based natural fiber
2) By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Channel Sales
3) By End-Use Industry: Automotive, Textile, Medical, Other End Use

Major Driver - The Impact Of Natural Fibers On Fuel Efficiency In The Automotive Industry

The rising focus on the fuel efficiency of vehicles is expected to propel the growth of the natural fibers market going forward. Fuel efficiency refers to a measurement of how far a car can go on a certain amount of fuel. Natural fibers help fuel-efficient vehicles by reducing the weight of the vehicle to consume less fuel. For instance, in March 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, carbon dioxide (CO2) emissions from industrial processes and the burning of energy increased by 0.9% or 321 Mt (Million Tones) in 2022. Therefore, the rising focus on fuel efficiency is driving the natural fiber market.

Competitive Landscape:
Major companies operating in the natural fibers market report are BASF SE, UPM-Kymmene Oyj, Trex Company Inc., Fiberon LLC, Barnhardt Natural Fibers LLC, Polyvlies Franz Beyer GMBH & Co KG, Bcomp Ltd., Procotex SA Corporation NV, Ananas Anam, FlexForm Technologies, Swicofil AG, JELU-WERK J. Ehrler GmbH and Co KG, Tecnaro GmbH, Bast Fiber Technologies Inc., The Natural Fibre Company, Dividan LLC, Oeko-Tex AG, GreenGran BV, The Flax Company SARL, Industrial Hemp Manufacturing LLC, Jaydeep Cotton Fibers Pvt Ltd., Asha Cotton Industries Limited, Vrijesh Natural Fibre & Fabrics Pvt Ltd., Dun Agro Hemp Group, NATURALUS PLUOŠTAS UAB, GreenCore Composites Inc., Meshlin Composites Zrt, BAFA Neu GmbH, Castellins NV, Circular Systems

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Top Trend - Advancements In Fabric And Yarn Technology

Major companies operating in the natural fibers market are developing new technologies such as fabric and yarn technology to gain a competitive edge in the market. Fabric and yarn technology refer to the advancements and innovations in the processes, materials, and techniques involved in the production of fabrics and yarns. For instance, in November 2023, Transforming Textiles AB, a Sweden-based manufacturer of narrow woven fabrics launched Sense-Tex. Sense-Tex is a smart, environmentally friendly textile technology that promises to provide customers with an amazing experience by fusing style, smart technology, and sustainability. Sense-Tex is a novel 5-fiber yarn-thread technology that makes it possible to accomplish total circularity and mechanical recycling achievements that have never been made possible on a wide scale previously. The technique supports hygiene, durability, and less washing by incorporating health-improving properties into its fibers. It offers health indicators like those of a smartwatch when linked to sensors, enabling the wear of a fabric that monitors health in addition to enhancing well-being.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Natural Fibers Market Characteristics
3. Natural Fibers Market Trends And Strategies
4. Natural Fibers Market - Macro Economic Scenario
5. Natural Fibers Market Size And Growth
…..
27. Natural Fibers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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