Global Hemp Fiber Market Trends

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Global Hemp Fiber Market Size, Share, and Trends Analysis Report Trends

  • Agriculture And Animal Feed
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Increasing Demand for Sustainable Textiles”

A significant trend driving growth in the hemp fiber market is the rising demand for sustainable and eco-friendly textiles. As consumers become more environmentally conscious, they seek alternatives to conventional cotton and synthetic fibers. Hemp is celebrated for its durability, biodegradability, and minimal environmental impact during cultivation. For instance, in January 2022, VPF, a German adhesive materials specialist, collaborated with Gmund Papier to introduce a groundbreaking self-adhesive labelstock made entirely from hemp fibers. This innovative 120 g/m2 hemp paper features excellent printability and a soft texture, leveraging high-quality European hemp. By providing an eco-friendly alternative to traditional wood-based papers, this product addresses the rising global demand for sustainable materials, highlighting hemp's strength, recyclability, and environmental benefits.

Frequently Asked Questions

The market is segmented based on Segmentation, By Source (Organic, and Conventional), Application (Food, Beverages, Personal Care Products, Textiles, Pharmaceuticals, and Others), Product (Seeds, Fiber, and Shivs) – Industry Trends and Forecast to 2031 .
The Global Hemp Fiber Market size was valued at USD 365.33 USD Million in 2023.
The Global Hemp Fiber Market is projected to grow at a CAGR of 6.9% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.