Lyocell Fiber Market Report, Analysis, Opportunities by 2031
The Lyocell Fiber Market is expected to register a CAGR of 8% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Staple Fiber, Filament Fiber). The global analysis is further broken-down at regional level and major countries. The report further presents analysis based on Application (Medical, Textiles, Hygiene, Automotive, Aerospace, Others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Lyocell Fiber Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Lyocell Fiber Market Segmentation
Type- Staple Fiber
- Filament Fiber
- Medical
- Textiles
- Hygiene
- Automotive
- Aerospace
Strategic Insights
Lyocell Fiber Market Growth Drivers- Sustainability Demand: The growing emphasis on sustainable materials has led to increased demand for lyocell fibers, which are produced from wood pulp in an eco-friendly manner. This renewable and biodegradable material appeals to environmentally conscious consumers and industries seeking alternatives to synthetic fibers.
- Technological Advancements: Innovations in manufacturing processes, such as closed-loop production, have improved the efficiency and sustainability of lyocell fiber production. These advancements enable manufacturers to produce high-quality fibers while minimizing waste and environmental impact, driving the growth of the lyocell fiber market.
- Consumer Preferences for Comfort: Lyocell fibers are known for their softness, breathability, and moisture-wicking properties, making them a popular choice for apparel, home textiles, and bedding. The growing consumer demand for high-performance and comfortable fabrics drives the market for lyocell fibers.
- Eco-friendly Textile Solutions: There is an increasing trend towards the use of eco-friendly textiles across various industries, particularly in fashion and home goods. Lyocell fibers, being biodegradable and sourced from renewable resources, align with the shift towards more sustainable and responsible production methods.
- Circular Economy Focus: The shift towards a circular economy is promoting the recycling and reuse of lyocell fibers. The ability to recycle lyocell into new fibers without significant loss of quality is gaining attention, which supports the move towards reducing textile waste and creating a more sustainable fashion industry.
- Hybrid Blends: Lyocell fibers are increasingly being blended with other fibers such as cotton, wool, and polyester to combine their advantages. These hybrid materials are gaining popularity due to their improved durability, versatility, and enhanced performance characteristics, catering to diverse consumer needs.
- Growth in Eco-friendly Apparel: As the fashion industry continues to prioritize sustainability, lyocell fibers present a significant opportunity for brands to create eco-conscious products. The increasing demand for green textiles offers an opportunity for manufacturers to expand their lyocell-based product lines.
- Emerging Markets Expansion: Emerging economies, particularly in Asia and Africa, are experiencing rapid urbanization and industrial growth, leading to a surge in textile consumption. This presents an opportunity for lyocell fiber producers to tap into these markets, providing sustainable solutions to meet the growing demand for textiles.
- Innovative Applications: Beyond textiles, lyocell fibers are increasingly being explored for use in non-woven fabrics, medical textiles, and industrial applications. The versatility of lyocell presents new opportunities for its adoption in a variety of sectors, contributing to market expansion and diversification.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Lyocell Fiber Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Lyocell Fiber Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Growth in eco-friendly and sustainable fashion is expected to be the key market trends
Rising demand for sustainable fabrics is driving the market growth
Lenzing AG
; Aditya Birla Group (Birla Cellulose)
; Sappi
; Grasim Industries
; Eastman Chemical Company
; Kelheim Fibres
; The Lyocell Company
; Suzano
; Acree Chemicals
; Lenze
; Chinese Fiber Group
; Sicofibers
; Fujian Xinlong
; Kraton Polymers
; Shandong Helon
Based on type, the staple fiber segment is expected to witness the fastest growth during the forecast period
Based on geography, Asia Pacific held the largest share of the lyocell fiber market due to the well-established manufacturing industry across the region, coupled with continuous growth and development
The Lyocell Fiber Market is estimated to witness a CAGR of 8% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Lyocell Fiber Market - By Type
1.3.2 Lyocell Fiber Market - By Application
1.3.3 Lyocell Fiber Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LYOCELL FIBER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. LYOCELL FIBER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LYOCELL FIBER MARKET - GLOBAL MARKET ANALYSIS
6.1. LYOCELL FIBER - GLOBAL MARKET OVERVIEW
6.2. LYOCELL FIBER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LYOCELL FIBER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STAPLE FIBER
7.3.1. Overview
7.3.2. Staple Fiber Market Forecast and Analysis
7.4. FILAMENT FIBER
7.4.1. Overview
7.4.2. Filament Fiber Market Forecast and Analysis
8. LYOCELL FIBER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MEDICAL
8.3.1. Overview
8.3.2. Medical Market Forecast and Analysis
8.4. TEXTILES
8.4.1. Overview
8.4.2. Textiles Market Forecast and Analysis
8.5. HYGIENE
8.5.1. Overview
8.5.2. Hygiene Market Forecast and Analysis
8.6. AUTOMOTIVE
8.6.1. Overview
8.6.2. Automotive Market Forecast and Analysis
8.7. AEROSPACE
8.7.1. Overview
8.7.2. Aerospace Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. LYOCELL FIBER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Lyocell Fiber Market Overview
9.1.2 North America Lyocell Fiber Market Forecasts and Analysis
9.1.3 North America Lyocell Fiber Market Forecasts and Analysis - By Type
9.1.4 North America Lyocell Fiber Market Forecasts and Analysis - By Application
9.1.5 North America Lyocell Fiber Market Forecasts and Analysis - By Countries
9.1.5.1 United States Lyocell Fiber Market
9.1.5.1.1 United States Lyocell Fiber Market by Type
9.1.5.1.2 United States Lyocell Fiber Market by Application
9.1.5.2 Canada Lyocell Fiber Market
9.1.5.2.1 Canada Lyocell Fiber Market by Type
9.1.5.2.2 Canada Lyocell Fiber Market by Application
9.1.5.3 Mexico Lyocell Fiber Market
9.1.5.3.1 Mexico Lyocell Fiber Market by Type
9.1.5.3.2 Mexico Lyocell Fiber Market by Application
9.2. EUROPE
9.2.1 Europe Lyocell Fiber Market Overview
9.2.2 Europe Lyocell Fiber Market Forecasts and Analysis
9.2.3 Europe Lyocell Fiber Market Forecasts and Analysis - By Type
9.2.4 Europe Lyocell Fiber Market Forecasts and Analysis - By Application
9.2.5 Europe Lyocell Fiber Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Lyocell Fiber Market
9.2.5.1.1 Germany Lyocell Fiber Market by Type
9.2.5.1.2 Germany Lyocell Fiber Market by Application
9.2.5.2 France Lyocell Fiber Market
9.2.5.2.1 France Lyocell Fiber Market by Type
9.2.5.2.2 France Lyocell Fiber Market by Application
9.2.5.3 Italy Lyocell Fiber Market
9.2.5.3.1 Italy Lyocell Fiber Market by Type
9.2.5.3.2 Italy Lyocell Fiber Market by Application
9.2.5.4 United Kingdom Lyocell Fiber Market
9.2.5.4.1 United Kingdom Lyocell Fiber Market by Type
9.2.5.4.2 United Kingdom Lyocell Fiber Market by Application
9.2.5.5 Russia Lyocell Fiber Market
9.2.5.5.1 Russia Lyocell Fiber Market by Type
9.2.5.5.2 Russia Lyocell Fiber Market by Application
9.2.5.6 Rest of Europe Lyocell Fiber Market
9.2.5.6.1 Rest of Europe Lyocell Fiber Market by Type
9.2.5.6.2 Rest of Europe Lyocell Fiber Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Lyocell Fiber Market Overview
9.3.2 Asia-Pacific Lyocell Fiber Market Forecasts and Analysis
9.3.3 Asia-Pacific Lyocell Fiber Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Lyocell Fiber Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Lyocell Fiber Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Lyocell Fiber Market
9.3.5.1.1 Australia Lyocell Fiber Market by Type
9.3.5.1.2 Australia Lyocell Fiber Market by Application
9.3.5.2 China Lyocell Fiber Market
9.3.5.2.1 China Lyocell Fiber Market by Type
9.3.5.2.2 China Lyocell Fiber Market by Application
9.3.5.3 India Lyocell Fiber Market
9.3.5.3.1 India Lyocell Fiber Market by Type
9.3.5.3.2 India Lyocell Fiber Market by Application
9.3.5.4 Japan Lyocell Fiber Market
9.3.5.4.1 Japan Lyocell Fiber Market by Type
9.3.5.4.2 Japan Lyocell Fiber Market by Application
9.3.5.5 South Korea Lyocell Fiber Market
9.3.5.5.1 South Korea Lyocell Fiber Market by Type
9.3.5.5.2 South Korea Lyocell Fiber Market by Application
9.3.5.6 Rest of Asia-Pacific Lyocell Fiber Market
9.3.5.6.1 Rest of Asia-Pacific Lyocell Fiber Market by Type
9.3.5.6.2 Rest of Asia-Pacific Lyocell Fiber Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Lyocell Fiber Market Overview
9.4.2 Middle East and Africa Lyocell Fiber Market Forecasts and Analysis
9.4.3 Middle East and Africa Lyocell Fiber Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Lyocell Fiber Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Lyocell Fiber Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Lyocell Fiber Market
9.4.5.1.1 South Africa Lyocell Fiber Market by Type
9.4.5.1.2 South Africa Lyocell Fiber Market by Application
9.4.5.2 Saudi Arabia Lyocell Fiber Market
9.4.5.2.1 Saudi Arabia Lyocell Fiber Market by Type
9.4.5.2.2 Saudi Arabia Lyocell Fiber Market by Application
9.4.5.3 U.A.E Lyocell Fiber Market
9.4.5.3.1 U.A.E Lyocell Fiber Market by Type
9.4.5.3.2 U.A.E Lyocell Fiber Market by Application
9.4.5.4 Rest of Middle East and Africa Lyocell Fiber Market
9.4.5.4.1 Rest of Middle East and Africa Lyocell Fiber Market by Type
9.4.5.4.2 Rest of Middle East and Africa Lyocell Fiber Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Lyocell Fiber Market Overview
9.5.2 South and Central America Lyocell Fiber Market Forecasts and Analysis
9.5.3 South and Central America Lyocell Fiber Market Forecasts and Analysis - By Type
9.5.4 South and Central America Lyocell Fiber Market Forecasts and Analysis - By Application
9.5.5 South and Central America Lyocell Fiber Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Lyocell Fiber Market
9.5.5.1.1 Brazil Lyocell Fiber Market by Type
9.5.5.1.2 Brazil Lyocell Fiber Market by Application
9.5.5.2 Argentina Lyocell Fiber Market
9.5.5.2.1 Argentina Lyocell Fiber Market by Type
9.5.5.2.2 Argentina Lyocell Fiber Market by Application
9.5.5.3 Rest of South and Central America Lyocell Fiber Market
9.5.5.3.1 Rest of South and Central America Lyocell Fiber Market by Type
9.5.5.3.2 Rest of South and Central America Lyocell Fiber Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LYOCELL FIBER MARKET, KEY COMPANY PROFILES
11.1. ACELON CHEMICALS AND FIBER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ADITYA BIRLA GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHONBANG CO., LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CITYVICTOR CORP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LENZING AG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NIEN FOUN FIBER CO., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SHANGTEX HOLDING CO., LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SMARTFIBER AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WEIQIAO TEXT
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YAOJIANG GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Acelon Chemicals and Fiber
2. Aditya Birla Group
3. CHONBANG Co., LTD.
4. CityVictor Corp
5. Lenzing AG
6. Nien Foun Fiber Co., Ltd.
7. Shangtex Holding Co., Ltd
8. Smartfiber AG
9. Weiqiao Text
10. Yaojiang Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.