Viscose Staple Fiber Market
Viscose Staple Fiber Market Size, Share & Industry Analysis, By Type (Ordinary Fiber, High Wet Modulus Fiber, Strong Fiber, Modified Fiber), By Application (Spinning Clothing, Home Textile, Industrial Textile), By End-Use Industry (Textiles, Non-woven, Specialty), By Production Process (Viscose Process, Modal Process, Lyocell Process), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) -- Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Overview:
The global Viscose Staple Fibre Market is expected to develop at a CAGR of 6.2% between 2024 and 2031. The market value is predicted to rise from USD XX billion in 2024 to USD YY billion in 2031. Asia-Pacific is expected to dominate the market, owing to the region's expanding textile sector, growing population, and rising demand for sustainable fibres. Rising disposable income, more urbanisation, and a greater emphasis on environmentally friendly clothing materials are all key metrics.
The market is expanding rapidly due to rising demand for pleasant and breathable fabrics, increased awareness of sustainable fashion, and the adaptability of viscose staple fibre in a variety of applications. Technological developments in manufacturing methods, improved fibre quality, and the development of new applications are all driving market growth.
Viscose Staple Fiber Market Dynamics:
Market Trend: Surge in demand for sustainable and biodegradable fibers reshapes textile industry
The Viscose Staple Fibre Market is shifting significantly towards sustainable and biodegradable fibre alternatives, owing to rising environmental consciousness and stringent regulations on synthetic fibres. This trend is especially noticeable in the fashion and home textile industries, where consumers are increasingly seeking environmentally friendly items. Viscose staple fibre, which is made from renewable wood pulp and biodegradable, is promoted as a sustainable alternative to synthetic fibres.
For example, a major fashion retailer claimed a 40% rise in items made of viscose and other sustainable fibres in its 2023 collection compared to the previous year. Manufacturers are also investing in closed-loop manufacturing techniques and sustainable forestry practices to improve the environmental credentials of viscose staple fibre. This tendency is affecting not only product development plans, but also marketing and branding initiatives throughout the textile value chain.
Market Driver: Growing textile industry in developing countries boosts demand for versatile fibers
The rapid expansion of the textile sector in developing nations, particularly Asia-Pacific, has emerged as a significant driver of the Viscose Staple Fibre Market. With rising disposable incomes and shifting fashion trends, there is a greater demand for comfortable, breathable, and cheap clothes in these regions. According to a recent industry report, the textile industry in Asia-Pacific is predicted to develop at a 6.8% annual pace through 2031, well exceeding global statistics. Viscose staple fibre, with its cotton-like softness, silk-like lustre, and low cost, is well suited to address this rising demand. In 2023, China alone accounted for more than 65% of worldwide viscose staple fibre output, demonstrating the region's market dominance. The adaptability of viscose staple fibre, which may be combined with a variety of other fibres to improve fabric qualities, promotes its use in a wide range of textile applications, from casual wear to high-fashion.
Market Restraint: Volatility in raw material prices and environmental concerns impact production
The Viscose Staple Fibre Market confronts considerable challenges due to volatility in raw material prices, notably wood pulp, and growing environmental concerns about old manufacturing practices. The price of wood pulp, the key raw material for viscose manufacture, has fluctuated due to variables such as shifting forestry policy, natural disasters, and global trade trends. Wood pulp prices rose 15% in 2023, putting pressure on profit margins for viscose staple fibre manufacturers. Concerns over deforestation and the use of hazardous chemicals in traditional viscose production procedures have prompted increased scrutiny from environmental groups and regulators.
Segment Overview
The Ordinary Fiber segment dominates the Viscose Staple Fiber Market, driven by its wide-ranging applications and cost-effectiveness:
The Ordinary Fibre sector has emerged as the leading force in the Viscose Staple Fibre Market, accounting for around YY% of the total market share by 2023. This dominance is partly due to its adaptability, cost-effectiveness, and broad use across numerous textile sectors. Ordinary viscose staple fibre has an excellent blend of comfort, breathability, and moisture absorption, making it ideal for a wide range of garments and household textile goods.
Manufacturers have recently focused on improving the qualities of regular viscose fibre in order to extend its applications. For example, a leading fibre producer recently released a new version of regular viscose fibre with increased dyeability and reduced pilling to meet the needs of high-end fashion brands. This invention has created new potential in the premium apparel industry, strengthening ordinary fiber's market position.
The increased popularity of sustainable fashion has also aided the segment's dominance. Many fast-fashion retailers are increasing their usage of viscose fibres as a more environmentally friendly alternative to synthetic fibres. According to a recent industry poll, 65% of major apparel brands want to boost their usage of viscose-based fabrics in upcoming seasons, with customer desire for sustainable materials serving as a significant motivator.
Regional Outlook:
Asia-Pacific dominates the Viscose Staple Fiber Market, driven by robust textile industry growth, increasing population, and rising disposable incomes.
Asia-Pacific has established itself as the dominant region in the worldwide Viscose Staple Fibre Market, accounting for nearly YY% of the market share by 2023. Several factors contribute to the region's supremacy, including a flourishing textile industry, a big and growing population, and rising disposable incomes, which drive demand for clothes and home textiles. Countries such as China, India, and Indonesia have led the way in viscose staple fibre production and consumption, with China alone accounting for more than 60% of worldwide production capacity.
Significant investments in manufacturing capacity and technological developments have also contributed to the region's successful growth. According to recent industry data, Asia-Pacific saw a 12% year-over-year rise in viscose staple fibre manufacturing capacity in 2023, with numerous new plants opening in China and India.
In terms of recent advancements, the Asia-Pacific market has experienced an increase in demand for sustainable viscose fibres. Many manufacturers in the region have invested in cleaner manufacturing technologies and sustainable sourcing practices. For example, a large Indian viscose company recently announced a $100 million investment in closed-loop production technologies, with the goal of reducing environmental impact while meeting rising worldwide demand for sustainably produced fibres.
The region has also seen considerable improvements in fibre quality and specialisation. Several Asian producers have developed high-performance viscose fibres for technical textile applications, broadening the market beyond traditional garments and home textiles. According to a recent report, Asia-Pacific's technical textiles industry is increasing at a 7.5% annual rate, creating new potential for viscose staple fibre manufacturers.
Competitive Intelligence:
The Viscose Staple Fibre Market is characterised by the presence of a number of large-scale manufacturers as well as smaller, regional companies. Key market leaders have maintained their positions by vertical integration, ongoing innovation in manufacturing techniques, and strategic expansions in high-growth regions. To obtain a competitive advantage, these organisations have prioritised sustainability, product variety, and cost optimisation.
In terms of market share, the top five competitors control over YY% of the global market. The dominant business holds a market share of approximately YY%, owing to its enormous production capacity, excellent distribution network, and diversified product line. The second-largest competitor, with a YY% market share, has grown through strategic acquisitions and investments in sustainable production technology.
Recent mergers and acquisitions have changed the competitive landscape. In 2023, a large European textile company acquired a significant investment in an Asian viscose plant, signalling a strategic move to ensure raw material supply and extend market presence in the fast-growing Asia-Pacific area. Furthermore, some firms have made significant investments in R&D, with the industry average R&D spend rising by 10% year on year, particularly in areas like as sustainable manufacturing techniques and fibre functionalisation.
The sector has also seen an increase in collaborations between viscose manufacturers and fashion labels focussing on sustainability. These collaborations aim to provide traceable and environmentally friendly viscose fibres to fulfil the growing customer demand for sustainable apparel. For example, a major viscose manufacturer recently collaborated with a worldwide fashion retailer to offer a collection of 100% traceable and sustainably produced viscose, resulting in a 30% boost in sales for the participating product lines.
Looking ahead, the competitive landscape is projected to shift, with a greater emphasis on circular economy concepts and bio-based developments. The development of next-generation viscose fibres with improved characteristics and a lower environmental footprint is expected to be a significant differentiator for market participants in the future years.
Analyst Opinion:
The Viscose Staple Fibre Market is at a critical juncture, balancing growth prospects generated by rising demand for sustainable textiles with challenges connected to environmental concerns and raw material procurement. We predict a considerable movement towards closed-loop production methods and alternate raw material sources in the coming years, as manufacturers attempt to address environmental concerns and meet severe regulatory requirements.
The development of "next-generation" viscose fibres is a unique trend to watch out for. These novel fibres are predicted to provide improved performance features such as increased strength, wrinkle resistance, and moisture control, while retaining the inherent comfort and sustainability benefits of classic viscose. This trend not only broadens the applications for viscose staple fibre, but also establishes it as a viable option to both natural and synthetic fibres in high-performance fabrics.
Another significant trend is the increased incorporation of blockchain technology and digital traceability systems into the viscose supply chain. As customers and regulators demand greater transparency in textile sourcing and production, we anticipate that more viscose producers will use these technologies to give verifiable information about raw material origin, manufacturing procedures, and environmental effect. This shift towards complete supply chain transparency is anticipated to alter marketing strategies and consumer participation in the textile industry.
Major Players:
- Aditya Birla Group
- Lenzing AG
- Kelheim Fibres GmbH
- Tangshan Sanyou Group
- Xinxiang Bailu Chemical Fiber Co., Ltd.
- Shandong Helon Textile Science & Technology Co., Ltd.
- Sateri
- Grasim Industries Limited
- Century Rayon
- Fulida Group Holding Co., Ltd.
Key Developments:
-
August 2023: Lenzing AG announced the successful completion of its €400 million investment in expanding lyocell fibre production capacity, with the goal of meeting rising demand for sustainable cellulosic fibres.
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October 2023: Aditya Birla Group introduces a new line of viscose staple fibres with improved moisture management qualities for the athletic and athleisure segments.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking -- Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies list by Country) (Premium)
5. COMPANY PROFILES
5.1. Aditya Birla Group
5.2. Lenzing AG
5.3. Kelheim Fibres GmbH
5.4. Tangshan Sanyou Group
5.5. Xinxiang Bailu Chemical Fiber Co., Ltd.
5.6. Shandong Helon Textile Science & Technology Co., Ltd.
5.7. Sateri
5.8. Grasim Industries Limited
5.9. Century Rayon
5.10. Fulida Group Holding Co., Ltd. (LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Surge in demand for sustainable and biodegradable fibers reshapes textile industry
6.1.2. Development of "next-generation" viscose fibers with enhanced properties
6.1.3. Integration of blockchain technology for supply chain transparency
6.2. Market Drivers
6.2.1. Growing textile industry in developing countries boosts demand for versatile fibers
6.2.2. Increasing awareness and adoption of eco-friendly clothing materials
6.2.3. Technological advancements in production processes improving fiber quality
6.3. Market Restraints
6.3.1. Volatility in raw material prices and environmental concerns impact production
6.3.2. Competition from alternative natural and synthetic fibers
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
7.1. Ordinary Fiber
7.2. High Wet Modulus Fiber
7.3. Strong Fiber
7.4. Modified Fiber
8. BY APPLICATION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
8.1. Spinning Clothing
8.1.1. Apparel
8.1.2. Lingerie & Underwear
8.2. Home Textile
8.2.1. Bed Linen
8.2.2. Towels
8.2.3. Upholstery
8.3. Industrial Textile
8.3.1. Automotive Textiles
8.3.2. Medical Textiles
8.3.3. Filtration
9. BY END-USE INDUSTRY (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
9.1. Textiles
9.1.1. Fashion & Clothing
9.1.2. Home Furnishings
9.2. Non-woven
9.2.1. Hygiene Products
9.2.2. Wipes
9.3. Specialty
9.3.1. Technical Textiles
9.3.2. Composites
10. BY PRODUCTION PROCESS (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
10.1. Viscose Process
10.2. Modal Process
10.3. Lyocell Process
11. REGION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
11.1. North America
11.1.1. United States
11.1.2. Canada
11.1.3. Mexico
11.2. South America
11.2.1. Brazil
11.2.2. Argentina
11.2.3. Rest of South America
11.3. Europe
11.3.1. Germany
11.3.2. United Kingdom
11.3.3. France
11.3.4. Italy
11.3.5. Spain
11.3.6. Russia
11.3.7. Rest of Europe
11.4. Asia-Pacific
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia
11.4.5. South Korea
11.4.6. Rest of Asia-Pacific
11.5. Middle-East
11.5.1. UAE
11.5.2. Saudi Arabia
11.5.3. Turkey
11.5.4. Rest of Middle East
11.6. Africa
11.6.1. South Africa
11.6.2. Egypt
11.6.3. Rest of Africa
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
By Type:
-
Ordinary Fiber
-
High Wet Modulus Fiber
-
Strong Fiber
-
Modified Fiber
By Application:
-
Spinning Clothing
-
Home Textile
-
Industrial Textile
By End-Use Industry:
-
Textiles
-
Non-woven
-
Specialty
By Production Process:
-
Viscose Process
-
Modal Process
-
Lyocell Process
By Region:
-
North America
-
Europe
-
Asia-Pacific
-
Latin America
-
Middle East & Africa
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