Global Cellulose Fibers Market Driven Due to Rising Use in Apparels

San Francisco, California, August 02, 2018: According to a recent market research report by TMR Research, the global market for cellulose fibers is likely to be driven due to increased demand from a number of industrial applications, and the textiles and apparel sectors. The report is titled “Cellulose Fibers Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025.”

The market features a vast set of untapped growth opportunities in areas such as home textile and apparels. With increased expenditure on interior decoration across emerging economies as well, the demand for cellulose fibers in the home textile industry is likely to emerge as one of the key growth drivers for the market. The market also benefits from the fact that cellulose fibers are economical, versatile, and environment-friendly owing to their bio-degradable nature.

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However, despite the fact that cellulose fibers are made from cheap and renewable feedstock, their production requires vast amounts of energy and water. Moreover, the supply of key raw materials has remained uneven in the past few years due to volatile costs of wood pulp and rising concerns regarding environmental safety. These factors could hamper the growth prospects of the market to a certain degree over the report’s forecast period.

Geographically, the market in Asia Pacific continues to be one of the leading consumers of cellulose fibers as the region features a well-developed and expanding carpet and textile manufacturing industry. Chine alone holds over 50% of the overall demand served by the regional market, utilizing cellulose fiber for the production of apparels and textiles. The easy availability of skilled and low-cost manual labor in the country, as well as in India, is a primary factor boosting the textile manufacturing sector. The market in Europe is also promising, maintaining its position as a persistent consumer of cellulose fibers for a variety of applications.

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Cellulose Fibers Market Extreme Competitive Environment Foreseen by 2025

Cellulose Fibers Market: Snapshot

Cellulose fiber is extensively used in home textile, apparel, and industrial among others. The growth of the global market relies heavily on emerging economies, especially Asia Pacific and Rest of World. Large untapped market for applications such as home textile and apparel is anticipated to be the key driver for the growth of cellulose fibers globally. Moreover, they are cost-effective, environment friendly, versatile, and bio-degradable. Such properties are estimated to support the growing popularity of these fibers and thus help the market growth.

These synthetic fibers are made using cheaper and renewable feedstock. However, they use up significant amount of water and energy during the processing. Various types of synthetic fibers are obtained from different chemical processes and each synthetic fiber possesses certain unique characteristics.

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An increasing demand for more eco-friendly and skin-friendly clothing and fabrics from the textile sector has proven to be the primary driving factor for the growth of global cellulose fiber market. Moreover, a gradual shift from petrochemical fibers to cellulose fibers is also helping in developing the market. However, rise in the production cost due to volatility of prices of wood pulp and growing concerns about environmental safety are causing inhibitions in the market growth. Consequently, there is a shift in focus across the globe towards using renewable sources to develop cellulose fibers and offer a comprehensive biodegradable solution to ever growing demands from various industries.

Global Cellulose Fibers Market: Overview

Cellulose fibers are man-made fibers manufactured from wood pulp of plant sources. The manufacturing of cellulose fibers involves various chemical and mechanical processes, and yields fiber types with varied useful properties. Rayon, as well as its other types such as triacetate, viscose, and acetate are a few common cellulose fibers, primarily finding applications in textile fabrics, and spun yarn. Acetate fiber dries quickly, and is used in cigarette filters and apparel, while rayon’s highly absorbent properties makes it useful for home furnishing products including carpets and curtains. Cellulose fibers are also frequently used to fabricate paper. With growing population across the world, and rapid urbanization with changing lifestyle, the demand for quality textile and carpet is escalating. Consequently, the demand in the global cellulose fibers market is expected to increment at a steady rate during the forecast period of 2017 to 2025.

Global Cellulose Fibers Market: Key Trends

The growing awareness regarding environmental concerns is a trend that this market is expected to significantly from. Urban populations across the world are now willing to spend extra for products that ooze from quality and are eco-friendly. Biodegradable fabrics are now opted by consumers as their share to the community. In addition to that, certain cellulose fibers have skin-friendly properties too, which are gaining popularity while textile remains the biggest end-use application of these man-made fibers.

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Though they consume significantly more water and energy for their processing, cellulose fibers are synthetically manufactured via renewable and cheaper feedstock in comparison to their synthetic alternatives. This factor is also expected to positively influence the growth rate of the global cellulose fibers market. However, volatility of wood pulp prices continues to cause hindrance to the market from attaining its full potential.

Global Cellulose Fibers Market: Market Potential

Hygiene industry is opening new avenues for the players in this market. With the exponential rise of social media, the awareness for growing pollution levels and self-care is skyrocketing. Consumers are now more conscious and spend big-bucks for products such as baby diapers, sanitary napkins, and incontinence products. This market is also expected to gain from extending utility of cellulose fibers for acquisition layers, fastening systems, backsheet, topsheet, and leg cuffs. Varied properties of cellulose fibers such as softness, absorbent, water resistance, and adhesive-nature makes it essential for the manufacturing of those products.

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Global Cellulose Fibers Market: Regional Outlook

Asia Pacific continues to serve the maximum demand for cellulose fibers, as it is the hub of textile and carpet manufacturing. China alone accounts for more than half of the demand from this region, utilizing it for textile and apparel production. The availability of moderately skilled labor at reduced cost is the primary factor thriving the textile manufacturing in China, as well as India. Europe too is a lucrative region, maintaining a sustained demand for high-quality textile products.

Global Cellulose Fibers Market: Competitive Analysis

Cellulose fibers makes for a highly capital driven market wherein significant investments are required besides expertise to start profitable manufacturing. As a result, a few prominent companies own most of the market and continue to invest in research and development of highly quality fibers in order to gain shares. CreaFill Fibers Corporation, Grasim Industries Ltd., Sateri, Kelheim Fibres GmbH, Lenzing AG, onLtd, China Bambro Textile (Group) Co. Ltd, Fulida Group Holdings Co., CFF GmbH & Co. KG, GrupoSniace, and International Paper are some of the leading vendors in the global cellulose fibers market. A considerable number of smaller players also make their presence felt at the domestic level, providing cheaper products in order to sustain their business.

Players to Focus on Innovations to Augment Cellulose Fibers Market

San Francisco, California, May 17, 2017: A new research report, titled “Cellulose Fibers Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” by TMR Research offers a thorough overview of the market. The research report throws light on the key segmentation of the global cellulose fibers market on the basis of product, technology, and application. In addition, a thorough overview of the regional segments has been included in the scope of the study, along with a detailed vendor analysis of the global cellulose fibers market.

With a significant rise in the application base of cellulose fibers, the global market is anticipated to witness a substantial growth throughout the forecast period. The increasing awareness among consumers regarding the benefits of using cellulose fibers is predicted to accelerate the growth of the market in the near future. In addition, the willingness of consumers to spend extra amount for eco-friendly products and the rising popularity of biodegradable fabrics are estimated to supplement the growth of the overall market in the coming years.

The increasing demand for cellulose fibers from the hygiene industry is considered to generate promising opportunities for the key players operating in the market. In addition, the rising awareness among consumers related to the increasing pollution levels and the rising inclination towards self-care are predicted to contribute towards the development of the market in the near future. Furthermore, the rising number of applications is anticipated to encourage the growth of the market throughout the forecast period.

According to the research study, the Asia Pacific market for cellulose fibers is anticipated to witness a high demand, owing to which the region is expected to remain in the leading position throughout the forecast period. A substantial contribution from India and China is expected to supplement the growth of the market in the near future. In addition to this, easy availability of skilled labor at a low cost and the expansion of the application base is estimated to encourage the overall development of the market in the coming years. Furthermore, Europe is anticipated to offer lucrative opportunities for key players operating in the cellulose fibers market.

At present, the global cellulose fibers market is consolidated in nature with a few leading players accounting for a large share of the overall market. Some of the key players operating in the cellulose fibers market across the globe are Fulida Group Holdings Co., Lenzing AG, CFF GmbH & Co. KG, International Paper, CreaFill Fibers Corporation, China Bambro Textile (Group) Co. Ltd, Sateri, Kelheim Fibres GmbH, Grasim Industries Ltd., and GrupoSniace. These players are anticipated to focus on new product development and research and development activities in order to enhance their presence across the globe.