Global Natural Fibers Market, By Fibers (Cotton, Wool, Flax, Silk, Jute, Hemp, Sisal, Kenaf, and Others), Distribution Channel (Manufacturers, Distributors, Wholesalers, Retailers, and Others), Application (Fashion & Clothing, Furnishing & Home, and Industrial & Technical) - Industry Trends and Forecast to 2031.
Natural Fibers Market Analysis and Size
The essential factors contributing to the growth of the global natural fibers market include benefits associated with the use of natural fibers, rising demand from various sectors, and the rise in demand of silk and wool based products. Also, rising sustainable agriculture initiatives is the key factor contributing in the growth of the market.
The global natural fibers market is expected to gain market growth in the forecast period of 2024 to 2031. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.6% in the forecast period of 2024 to 2031 and is expected to reach USD 102,712.91 million by 2031. Increasing demand for natural fibers for textiles is expected to drive the market's expansion.
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Year
|
2022 (Customizable 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Million
|
|
Segments Covered
|
Fibers (Cotton, Wool, Flax, Silk, Jute, Hemp, Sisal, Kenaf, and Others), Distribution Channel (Manufacturers, Distributors, Wholesalers, Retailers, and Others), Application (Fashion & Clothing, Furnishing & Home, and Industrial & Technical)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, Italy, U.K., France, Switzerland, Spain, Russia, Turkey, Belgium, Netherlands and the Rest of Europe, China, India, South Korea, Hong Kong, Japan, Thailand, Australia & New Zealand, Singapore, Indonesia, Malaysia, Philippines, Taiwan, and Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Israel and Rest of Middle East and Africa
|
|
Market Players Covered
|
Vardhaman Textiles Limited, Grasim Industries Limited, ANANDHI TEXSTYLES, Bcomp, The Natural Fibre Company, Procotex, FlexForm Technologies, Bast Fibre Technologies Inc., Lenzing AG, Barnhardt Natural Fibers, among others
|
Market Definition
Natural fibers are organic materials used in textiles that come from unprocessed, raw sources such as plants, animals, or minerals. Natural fibers come straight from nature and are not purposely produced, in contrast to synthetic or man-made fibers. Typical natural fibers include plant-based materials such as cotton, flax (linen), jute, and animal-based materials such as cashmere, wool, and silk.
Global Natural Fibers Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Growing Application of Natural Fibers in Fashion Industry
The natural fibers market is experiencing significant growth and one of the driving forces behind this expansion is the increasing adoption of natural fibers in the fashion industry. There is a growing recognition of the importance of sustainability and eco-friendliness as the fashion industry continues to expand and evolve. This paradigm shift has urged the demand for natural fibers, such as organic cotton, hemp, linen, and bamboo, as more consumers and fashion brands seek environmentally responsible alternatives to synthetic textiles.
The rapidly growing fashion industry's demand for natural fibers is significantly contributing to the market growth. The demand for natural fibers is expected to continue its upward trajectory as consumers increasingly prioritize eco-friendly and sustainable fashion choices, making them a foundation of the fashion industry's sustainable future. This symbiotic relationship between the fashion world and natural fibers is a compelling example of how market trends and consumer values drive positive change in the textile industry, which is driving market growth.
- Extended Application of Natural Fibers in the Automotive Industry
The extended application of natural fibers in the automotive industry has emerged as a significant driver for market growth. This growing trend is characterized by the automotive sector's increasing preference for sustainable and eco-friendly materials, aligning with global efforts to reduce the environmental footprint. Natural fibers, derived from sources such as hemp, flax, and jute, have gained prominence as a viable alternative to traditional synthetic materials in the production of various automotive components.
Hence, the applicability of natural fibers in the automotive industry is a driving force behind the expansion of the global natural fibers market. Their lightweight, high-strength properties, combined with their eco-friendliness and sustainability, make them a preferred choice for automotive manufacturers. This trend not only aligns with environmental goals but also reflects the industry's commitment to innovation and its role in shaping a more sustainable future. While the automotive sector continues to evolve, the demand for natural fibers is expected to rise, which is further propelling the market growth.
Opportunity
- Rising Demand for Silk
This surge in interest is reshaping the landscape of the textile industry and creating a favorable environment for the growth of natural fiber production and trade. Increasing recognition of the superior quality and luxurious attributes of silk as a premium natural fiber, silk is renowned for its softness, sheen, and comfort, making it highly sought after in various textile applications. This heightened demand is propelling the expansion of silk production, offering new avenues for natural fiber suppliers and manufacturers. Moreover, the global fashion and clothing industry plays a pivotal role in driving the demand for silk. Designers and consumers are increasingly opting for sustainable and eco-friendly materials, and silk is being acknowledged as an environmentally responsible choice. This aligns with the broader trend of sustainable fashion and contributes to the growth of the natural fibers market. The emergence of innovative silk-based products is another aspect of the opportunity. The versatility of silk allows for the development of new, high-value applications, such as silk blends, sustainable fashion lines, and niche market segments. These innovations not only cater to evolving consumer preferences but also open up fresh markets for natural fibers.
The exceptional quality and sustainability of silk, combined with its appeal in the fashion industry, are driving the growth of natural fiber production and applications. This trend underlines the market's potential for expansion and diversification as it taps into the increasing consumer interest in eco-conscious and premium natural fibers. Thus, the rising demand for silk represents a significant opportunity for market growth.
Restraint/Challenge
- Limitations Associated with Natural Fibers
The global natural fiber market faces constraints linked to the inherent limitations of these materials. Several factors contribute to these limitations, collectively impacting their widespread adoption.
Furthermore, the incompatible nature of natural fibers with certain chemical and industrial processes can restrict their utility in various manufacturing sectors, limiting their market potential. Natural fibers' high moisture absorption capacity can render them susceptible to damage and degradation. This vulnerability makes them less suitable for applications in which exposure to moisture is common, such as outdoor or marine environments.
- High moisture absorption, rendering them susceptible to damage
Limitations such as higher costs, special care requirements, reduced durability, low density, incompatibility, and susceptibility to moisture damage, collectively hinder their market expansion and adoption in various industries, which is restraining the market growth.
Recent Developments
- In October 2022, Bast Fibre Technologies Inc., announced a major strategic financing agreement with Ahlstrom Capital in Finland. Ahlstrom Capital Group has signed a deal to secure a 20% ownership stake in Bast Fibre Technologies Inc. This will facilitate an immediate expansion of their fiber production operations.
- In February 2022, Bast Fibre Technologies Inc. acquired Lumberton Cellulose from Georgia-Pacific, rebranding it as BFT Lumberton. This expansion will raise their annual manufacturing capacity to over 30,000 tonnes, solidifying their position as a major natural fiber processing hub in North America.
- In January 2022, Reality Paskov s.r.o., Paskov, Czech Republic, was merged with Lenzing Biocel Paskov a.s., Paskov, Czech Republic. This will facilitate the future growth and expansion of their business.
- In June 2020, Liva, brand under Birla Cellulose, a division of Grasim Industries Ltd, has launched a groundbreaking innovation in the form of Antimicrobial fibers. These fibers not only eliminate viruses and bacteria but also impede their proliferation, ensuring that the fabric remains clean and hygienic over an extended period. These sort of innovative product launch has helped the company to gain a competitive edge over the market.
- In June 2020, Bast Fibre Technologies Inc., a natural fiber engineering firm for the nonwovens industry, closed a 4.5 million CAD equity financing round led by the Lightburn group and Natural Products Canada (NPC), with participation from existing and new individual investors. This helped in the expansion of their fiber production operations.
Global Natural Fibers Market Scope
The global natural fibers market is segmented into three notable segments based on fibers, distribution channel, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications
Fibers
- Cotton
- Jute
- Flax
- Hemp
- Wool
- Silk
- Sisal
- Kenaf
- Others
On the basis of fibers, the market is segmented into cotton, wool, flax, silk, jute, hemp, sisal, kenaf, and others.
Distribution Channel
- Manufacturers
- Distributors
- Wholesalers
- Retailers
- Others
On the basis of distribution channels, the market is segmented into manufacturers, distributors, wholesalers, retailers, and others.
Application
- Fashion & Clothing
- Furnishing & Home
- Industrial & Technical
On the basis of application, the market is segmented into fashion & clothing, furnishing & home, and industrial & technical.
Global Natural Fibers Market Regional Analysis/Insights
The global natural fibers market is analyzed, and market size insights and trends are provided on the basis of fibers, distribution channel, and application as referenced above.
The countries covered in the global natural fibers market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Switzerland, Spain, Russia, Turkey, Belgium, Netherlands and the Rest of Europe, China, India, South Korea, Hong Kong, Japan, Thailand, Australia & New Zealand, Singapore, Indonesia, Malaysia, Philippines, Taiwan, and Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Israel and Rest of Middle East and Africa.
Asia-Pacific is expected to dominate the global natural fibers market due to the presence of a large production and consumption base. China is expected to dominate the Asia-Pacific region because it is one of the world's largest producers of natural fiber with its vast agricultural land and advanced farming techniques. The U.S. is expected to dominate the North America region because of technological advancements in natural fiber processing in the country. Germany is expected to dominate the Europe region due to its extended application of natural fibers in the automotive industry.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Natural Fibers Market Share Analysis
The global natural fibers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus on the global natural fibers market.
Some of the major players operating in the global natural fibers market are Vardhaman Textiles Limited, Grasim Industries Limited, ANANDHI TEXSTYLES, Bcomp, The Natural Fibre Company, Procotex, FlexForm Technologies, Bast Fibre Technologies Inc., Lenzing AG, Barnhardt Natural Fibers, among others.
SKU-