>>
Home / Knowledge / News / Textiles / Cellulose fibers market to reach $24.17bn in 2018
Cellulose fibers market to reach $24.17bn in 2018
23
Jul '13
According to a report, "Cellulose Fibers Market for Spun Yarn, Fabrics and Clothing Applications - Global Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 - 2018," the global market for cellulose fibers was valued at USD 12.63 billion in 2011 and is expected to reach USD 24.17 billion by 2018, growing at a CAGR of 9.8% from 2012 to 2018. In terms of volumes, the global demand for man-made cellulose fibers was 4,763.6 kilo tons in 2011 and is expected to reach 7,814.1 kilo tons by 2018, growing at a CAGR of 7.5% from 2012 to 2018.

The growing demand for biodegradable, environmental friendly and skin friendly fabrics and clothing from the textile industry has been driving the global market for cellulose fibers. Shift towards replacing petrochemical fibers with cellulose fibers from major end-use industries has also been one of the major factors propelling the market growth.

However, volatility in wood pulp prices, which is a major raw material for cellulose fiber production, coupled with regulatory issues due to growing environmental concerns are major factors that have been inhibiting market growth. Consequently, the world is shifting focus towards producing cellulose fibers through renewable sources and providing biodegradable solutions to various industries' demand.

Cellulose fibers are majorly consumed in the clothing industry, which accounted for more than 60% of the total consumption in 2011. Cellulose fibers are used in various regenerated forms such as corn fibers, lyocell, rayon, modal, tencel, viscose, and many others forms in the clothing industry. Along with being the biggest consumer clothing is also expected to be the fastest growing application segment for cellulose fibers, growing at a CAGR of 7.6% from 2012 to 2018. Global demand for cellulose fibers used in spun yarn is expected to reach 953.1 kilo tons by 2018, growing at a CAGR of 7.3% from 2012 to 2018.

Asia Pacific emerged as the leading market for cellulose fibers and accounted for just over 45% of the global demand in 2011. Asia Pacific is also expected to be the fastest growing market, with an estimated CAGR of 8.1% in terms of volumes from 2012 to 2018. The growth of the textile industry, particularly in China and India, is propelling the growth of the cellulose fibers in the region. The European market for cellulose fibers was valued at USD 4.64 billion in 2011 and is expected to grow at a CAGR of 9.4% from 2012 to 2018.

The global market for cellulose fiber is considered to be moderately concentrated with top four companies accounting for just over 40% of the total market. Some of the major companies operating in the global market include Aoyang, Fulida, Grasim Industries, Helon, Indo Bharat, Lenzing, Sateri, Tangshan and Thai Rayon.

Transparency Market Research


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Jan 2022

Chinese central bank cuts rates on medium-term loans, reverse repos

The People's Bank of China recently cut interest rates of its...

Pic: Shutterstock

Retail | On 20th Jan 2022

Clothing retail sales in US grew 33.1% during holiday season: NRF

Retail sales during 2021’s November-December holiday season grew 14.1 ...

Pic: Shutterstock

Textiles | On 20th Jan 2022

ILO downgrades labour market recovery forecast for 2022

Geneva-based International Labour Organisation (ILO) has downgraded...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Juan Pares Boj,

Juan Pares Boj

Textil Santanderina is a cutting-edge textile company located in...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas
Suta

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

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

Leave your Comments

ESTEEMED CLIENTS

Benetton Group
Gap International Sourcing Limited
C;&A Sourcing International Ltd
BIANCA
MAS Active / MAS Kreeda / MAS Bodyline
Tommy Hilfiger
KAS Direct Sourcing
Chori Company Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
John Varvatos
G-Star Raw C.V.
TESCO INTERNATIONAL SOURCING LIMITED
OVS Hong Kong Sourcing Ltd.
Gokaldas Exports Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Page Industries Limited (Bangalore)
Tchibo GmbH
Target Corporation (MN)
Sainsbury's Argos Asia Limited
Green Fibre
Eastman Chemical Company
International Textile Manufacturers Federation
KIABI
Aramark Uniform ;& Career Apparel, LLC
Lisa S.P.A.
THE BOMBAY DYEING ;& MFG.CO. LTD
BIMBA ;& LOLA SL
Esprit Europe Services GmbH
Midas Clothing Limited
Sportmaster Ltd.
Chico’ FAS
Splash
Desigual - ABASIC, S.A.
Grasim Industries Limited
Seasalt Limited
Alix Partners
Brandix Lanka Limited
Maceton Limited
Truetzschler India Private Limited
The Top Form Brassiere Manufacturing Company Limited
Restoque S.A.
PVH Corporation
Vardhman Textile Ltd
IDH – The Sustainable Trade Initiative
Lenzing Aktiengesellschaft
Guess Europe Sagl,
Rosset ;& Cia Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Abit
Gloria Jeans
Boardriders Asia Sourcing Limited
SYNERGIES HONG KONG LIMITED
Under Armour Global Sourcing Ltd
Asos
Babyshop
Varner AS Retail
H;&M Hennes ;& Mauritz (Far East) Ltd
Reiter India Private Limited
Hirdaramani International Export Private Limited
Vianney Textil Hogar S.A. De C.V.
Hela Clothing Pvt Ltd
Cat Tuong Real Estate Group Joint Stock Company
Tory Burch Hong Kong Ltd
T.T. Limited
LC Waikiki
Phong Phu international JSC (PPJ)
Huntsman (Singapore) Pte Ltd
Lifestyle
Walmart
Recron Polyester from Reliance Industries Limited
Gatsby Africa
Sportswear Company Spa
NITI Aayog
Etam Group Strategy Hong Kong Limited
Arvind Limited
Rayonese Textile Inc., Division de Culp Inc.
Helly Hansen Far East Ltd
Decathlon
IKEA of Sweden AB
J ;& P Coats
Calvin Klein
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Alison Hayes Romania
Bluestem Global Sourcing Limited
Puma
Amazon China
Lacoste (Wanchai)
Aquarelle Clothing Limited
Landmark Group
Lululemon Athletica Inc

January 2022

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


Advanced Search