Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
The global lyocell fibre market value reached around USD 1188.97 Million in 2023 due to the increasing demand for sustainable and eco-friendly textile material. Lyocell fibres, made from sustainably sourced wood pulp, are biodegradable, and their production process uses non-toxic solvents, making them a suitable alternative to cotton and polyester. Major brands like H&M and Zara have started incorporating lyocell into their collections, aligning with the sustainability trend. As a result, the industry is expected to grow at a CAGR of 19.70% during the forecast period of 2024-2032 to attain a value of USD 5998.16 Million by 2032. Additionally, the rise in demand for high-quality, breathable, and comfortable fabrics is further boosting the adoption of lyocell fibres across various applications.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- The manufacturing process of lyocell fibre is widely recognised for its eco-friendly nature. Unlike conventional fibres that often involve harmful chemicals and generate large amounts of waste, lyocell is produced using a closed-loop process that recycles almost all the solvents and water used in production. This results in minimal environmental impact, with waste being almost negligible. Additionally, the raw material for lyocell, wood pulp from sustainably managed forests, further enhances its appeal as a renewable and biodegradable fibre. As sustainability becomes a central concern for both consumers and manufacturers, the demand for lyocell fibre market, known for its reduced carbon footprint and minimal waste, is increasing rapidly in the global textile industry.
- India is one of the largest textile producers in the world, with its textile exports valued at USD 36 billion. As India continues to be a major hub for textile production and exports, the lyocell fibre market has ample opportunities to grow. The increasing demand for eco-friendly fabrics in both domestic and international markets is driving textile manufacturers in India to explore alternatives to traditional fibres. Lyocell's soft texture, durability, and biodegradability align with the growing trend towards sustainable textiles.
- In 2021, the United States invested approximately USD 2.27 billion in the manufacture of yarn, fabric, apparel, and sewn products. This substantial investment in the textile sector is set to create new opportunities for the lyocell fibre market, particularly as companies seek to meet the growing consumer demand for sustainable and eco-friendly materials.
Lyocell Fibre Market Analysis
The global market is driven by the extensive use of the product in the apparel and home textile industries. This can be attributed to the fact that they have tenacity and absorption efficiency, which is why these are preferred over other types of fibres, like cotton and rayon. In addition to this, due to the increasing demand for eco-friendly and biodegradable cellulose fibres, the use of lyocell fibre has gained popularity among manufacturers.
The growth of the lyocell fibre industry is further aided by several factors, such as being easily disposable by landfilling, sewage digestion, or burning after usage. Moreover, as lyocell fibres are sans any toxic compounds, they are ideal for the manufacture oaxf medical-grade non-woven products.
Lyocell Fibre Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1188.97 Million.
The lyocell fibre market is assessed to grow at a CAGR of 19.70% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 5998.16 Million by 2032.
The major drivers of the market include the flourishing textile sector, increasing utilisation of lyocell fibre in the preparation of medical-grade non-woven products, growing technological advancements, the increasing demand for biodegradable cellulose fibres, and surging environmental consciousness.
The growing use of lyocell fibre in home textiles and apparel and the rising awareness regarding the benefits of lyocell fibre are the key trends guiding the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Staple fibre and cross-linked fibre are the various products considered in the market report.
The major applications of lyocell fibre are apparel, home textiles, medical and hygiene, and automotive filters, among others.
The major players in the market are Lenzing AG, Acegreen Eco-Material Technology Co., Ltd., and Smartfiber AG, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124