Home / Knowledge / News / Textiles / Asia-Pacific dominates VSF production and consumption
Asia-Pacific dominates VSF production and consumption
19
Aug '15
Fibre2Fashion's latest report “Global Viscose staple fibre Outlook -Trends and Forecast till 2020 – By Type, By End-use applications, and By Region”, identifies the major drivers and restraints for the global viscose staple fibre (VSF) market with an analysis of trends, opportunities, and challenges. The market is segmented by type, by end-use applications and by geography, 2013 to 2020.

Global VSF market to reach $13.1 billion by 2020

The viscose staple fibre market is segmented into three types: standard fibres, modal fibres and lyocell fibres. VSF consumption is expected to show significant growth during the forecast period of study owing to increasing consumption of VSF into non-woven fabrics and related products.

Global viscose staple fibre market is projected to reach $13,139 million by 2020, growing at a CAGR of 8.0 per cent between 2015 and 2020. VSF consumption in Asia-Pacific dominated the market in 2014, accounting for roughly 75.0 per cent of the global demand in the year. Asia-Pacific is projected to remain the major market by size in terms of volume and value by 2020 and is expected to grow at a CAGR of 7.8 per cent and 9.0 per cent respectively during the forecast period of study.

Demand for lyocell fibres is expected to grow fastest between 2015 and 2020

Standard viscose fibres have the major share amongst all the three types, and this segment accounted for roughly 88.0 per cent of the market size in 2014 and is expected to remain the largest segment till 2020. Lyocell fibres held the second largest share, and are projected to grow fastest with a healthy CAGR of 14.3 per cent, during 2015-2020.

Textiles and clothing is the end-use application of VSF, accounting for around 70.0 per cent of the market in 2014, followed by non-woven and industrial applications.

Click here to access the report.

Fibre2Fashion.com was established in 2000 and is owned and promoted by Fibre2Fashion Pvt. Ltd. (formerly known as Sanblue Enterprises Pvt. Ltd.) - an ISO 9001:2008 company. It is amongst the world's largest B2B platforms for the global textile-apparel and fashion industry.

Since its inception, Fibre2Fashion has helped several small, medium and large business houses from across the globe to capture and increase their market share by providing cost-effective and innovative solutions to help them reach the largest international target audience in the shortest time.

Fibre2Fashion's services include providing market analysis of global price trends of fibre and feedstock commodities like PSF, PTA, caprolactam, cotton, and many more, which manufacturers and suppliers find useful for their strategic planning, marketing and decision-making activities.

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X