A Quick Look At The Latest Happenings In The Eco Fibers Market &Their Potential
Asia Pacific will dominate the Eco Fibers Market
Asia Pacific will lead the Eco Fibres Market during the forecast period. This growth can be attributed to rapid industrialization and government policies about textile trade activities. Growing population along with rise in living standards have driven the demand for eco fibers in the region. China is the largest market in terms of eco friendly fabrics in the world. Growth of the online fashion industry, growing disposable income along with development of high quality innovative fabrics are the factors which drive the demand for eco fibers in China. In North America, the increasing demand for cotton blends for garments will result in the advancements in fabrics, which will drive the growth of eco friendly textiles in the region.
Selected Regulatory Analysis Done in the Full Report:
The textiles segment leads the eco fibres market in the forecast period. This factor is due to growing demand for bio based alternatives such as bamboo, linen, hemp, and tencel in clothing sector. Growing number of retail outlets in countries such as India and China is another factor that propels the market growth.
Selected Driving Factors Mentioned in the Full Report
Growth of the textile industry drives the demand for the eco fibre in the forecast period.
Growth in medical applications due to technological advancements will drive the demand for eco clothing.
Production of eco friendly products such as bamboo fibres and organic cotton has spurred the growth of the eco fibres.
Growth of healthcare industry due to increasing awareness about hospital related diseases will drive the demand for the eco textile.
Key Players of the Eco Fibres Market :
Aditya Birla & Group Eco Fibers. J.Korin are the key players of the eco fibres market. Lenzing AG provides cellulose fibres and plastic polymer products. Grasim Industries Limited provides viscose staple fibre, chemicals, cement, and textiles. Viscose staple fibre is a biodegradable fibre that is used in apparels, home textiles, and dress materials.
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