The growing interest in sustainable fibers will make the textile market grow by more than $93 billion by 2025

Other key findings from the report suggest:

• Global demand for eco-friendly fiber exceeded 9,570 tons in 2016 and is expected to grow annually by 7.3% between 2017–2025.

• The organic fiber segment is estimated to generate revenue worth $14.4 billion by 2025.

• The increasing emphasis on sustainable disposal of textile and industrial waste, in order to minimize harm to people and the environment, has driven the demand for regenerated fibers.

• Eco-regenerated fibers emerged as the dominant segment in 2016, with a volume share of over 55%.

• Regenerated fibers, an integral part of synthetic fibers, are artificially created using proteins or cellulose. The use of chemicals is avoided during the processing of such natural fibers to produce regenerated fibers, making them fully sustainable.

• Key market players include Lenzing AG, US Fibers, Polyfibre Industries Pvt Ltd, Grasim Industries Ltd., Wellman Advanced Materials, Teijin Limited, Pilipinas Ecofiber Corporation, China Bambro Textile (Group) Co., among others.

• The eco-friendly fiber industry will experience modest growth in medical applications due to technological advancements in the healthcare sector, which have led to the use of fabrics such as nanofibers in areas like wound healing, bone regeneration, and drug delivery.

• The Asia-Pacific region was the leading market for eco-friendly fibers, accounting for about 35% of total market volume in 2016. Rapid industrialization and favorable government policies regarding textile business activities are positively influencing industry growth.

The main players in this industry are engaged in developing innovative products, such as sustainable smart fabrics, and marketing activities to compete with established companies. The main markets studied for sustainable fibers are:

• In North America: Canada, Mexico, and the United States

• In Europe: Germany, France, the United Kingdom, and Italy

• In Asia-Pacific: China, India, and Japan

• In South and Central America: Brazil

• In the Middle East and Africa: Saudi Arabia

The revolution toward the use of sustainable products in the textile industry began in the early 1990s, when companies and communities around the world started taking an interest in the green movement. Major clothing manufacturers began developing more sustainable products such as bamboo fibers, biodegradable detergents, and organic cotton, produced using controlled amounts of chemicals, pesticides, and fertilizers.

The Eco Fiber Market Analysis by Product report shows production rate, revenue, price, market share, and growth of each type, mainly categorized by:

• Fiber types: organic fibers, recycled fibers, regenerated fibers

• By product: lyocell fiber, polylactic acid (PLA) fiber, soy fiber, regenerated protein fiber, bamboo fiber

• By application: textiles, industrial, medical, decoration, furniture, and others