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Lyocell Fiber Market Size, Share, and Industry Report [2031]
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Lyocell Fiber Market Size, Share, and Industry Report [2031]

Segments - Lyocell Fiber Market Size and Industry Analysis Report by Products (Staple Fiber and Cross-linked Fiber), Applications (Apparels, Home Textiles, Surgical Products, Baby Diapers, Automotive Filters, and Others (Vehicle Carpeting), and Regions (North America, Europe, Latin America, Asia Pacific, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-4587 | 4.4 Rating | 80 Reviews | 178 Pages | Format : PDF Excel PPT

Report Description


The global lyocell fiber market was valued at USD 1.41 billion in 2022 and is expected to surpass USD 2.87 billion by 2031, expanding at a CAGR of 8.2% during the forecast period, 2023–2031. Lyocell fiber is made from bleached wood, which results in the reduction of plastic based products.

Lyocell fabric is used in wide range of industries including fashion, medical, textile, and paper & pulp. Lyocell fiber is a substitute for cotton and silk materials that are used to make sport wear, shirts, denim and trousers. It has high absorbency, which makes it an ideal material for medical dressings.

Global Lyocell Fiber Market Outlook

Additionally, it can be easily dyed and used in combination with other synthetic material and natural fibers, which increases the demand for lyocell fabric in the textile industry. Increasing demand for the production of cellulose-based products in the wake of reducing petroleum based products is expected to fuel the market.

Lyocell Fiber Market Dynamics

  • Rising demand for casual t-shirts, denim jackets, and dress shirts made from lyocell fiber and increasing per capita income are fuelling the market.

  • Lyocell fibers are comfort, have high water retention ability, and superior fabric quality, which in turn, is expected to fuel its demand in the upcoming year. High demand for e-commerce platforms in the apparel sector is driving the market.

  • Rising trend of highly fashionable clothing is projected to drive the market in the coming years.

  • Lyocell fibers are more expensive than other fabric materials such as synthetic fibers. This impedes the market

  • Lyocell Fibers has relatively low surface energy, which makes it very difficult for dyeing, and makes it costly, which in turn drives the market.

  • Rising disposable income and increasing focus of grooming are propelling the demand for health and hygiene products including tissues, baby diapers, and face mask, thus creating opportunities in the market.

  • Increase in the pollution in oceans due to the presence of microplastics which is produced from machine-washed synthetic textiles provides opportunities for the development of eco-friendly fibers worldwide, thus creating opportunities in the lyocell fibers market.

Impact of Covid-19

Covid-19 has hampered the lyocell fabric market negatively. The pandemic has resulted in reduced the demand for lyocell fiber due to the imposition of lockdown and stoppage in the production for the fiber. Conversely, after the lockdown, the production and sale of apparels, footwear, and other products that require lyocell fibers is expected to surge, thus fueling the market.

Scope of Lyocell Fiber Market Report

The report on the lyocell fiber market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Lyocell Fiber Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Products (Staple Fiber and Cross-linked Fiber), Applications (Apparels, Home Textiles, Surgical Products, Baby Diapers, Automotive Filters, and Others (Vehicle Carpeting)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, Divers, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Acegreen Eco-Material Co LTD, Acelon Chemicals & Fiber Corp., Baoding Swan Chemical Fiber Groups Co. LTD, China Populus Textile LTD, Chonbang Co. LTD, Grasim Industrial LTD, Great Duksan Corp., Lenzing AG, Shanghai Lyocell Fiber Development Co. LTD, Smartfiber AG.

Lyocell Fiber Market Segment Insights:

Based on product type, the market is segmented into staple fiber and cross-linked fiber. The staple fiber segment holds a key share of the market. These fibers find several applications in casual wear, denim jackets, and towels, as they can easily separate into fibrils. The cross-linked fiber segment is projected to expand at a rapid pace during the forecast period. These fibers are not easily biodegradable, owning their low fibrillation properties, which are used in many filter applications, as they provide a silkier texture than the staple fiber. Major applications of cross-linked fibers are in woven fabrics and jersey fabrics.

Lyocell Fiber Market Products

In terms of applications, the lyocell fiber market is classified as apparels, home textile, surgical products, baby diapers, automotive filters, and others. The apparels segment dominated the market and this trend is projected to continue during the forecast period, due to their high use in growing economies using online retail channels. This segment holds more than 20% share of the market. Lyocell fiber is used in several medical accessories such as bandages, wound contact layer, absorbent pad, and wipes in operation theatres.

Based on regions, the global lyocell fiber market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific held a dominant share of the market. The market in the region is estimated to grow due to rising demand from the textile industry and improving standard of living. Manufacturing companies in the US have designed new strategies to compete in the industry. Mexico has a significant textile industry. Several apparel brands have expanded their business in Mexico, thus boosting production and sale of lyocell fiber.

Segments

By Products
  • Staple Fiber
  • Cross-linked Fiber
By Applications
  • Apparels
  • Home Textiles
  • Surgical Products
  • Baby Diapers
  • Automotive Filters
  • Others (Vehicle Carpeting)
By Regions
  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa
By Key Players
  • Acegreen Eco-Material Co LTD
  • Acelon Chemicals & Fiber Corp
  • Baoding Swan Chemical Fiber Groups Co. LTD
  • China Populus Textile LTD
  • Chonbang Co. LTD
  • Grasim Industrial LTD
  • Great Duksan Corp
  • Lenzing AG
  • Shanghai Lyocell Fiber Development Co. LTD
  • Smartfiber AG.

Competitive Landscape

Major players in the global lyocell fiber market  include Acegreen Eco-Material Co LTD, Acelon Chemicals & Fiber Corp., Baoding Swan Chemical Fiber Groups Co. LTD, China Populus Textile LTD, Chonbang Co. LTD, Grasim Industrial LTD, Great Duksan Corp., Lenzing AG, Shanghai Lyocell Fiber Development Co. LTD, Smartfiber AG. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Global Lyocell Fiber Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lyocell Fiber Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Lyocell Fiber Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Lyocell Fiber Market - Supply Chain
  4.5. Global Lyocell Fiber Market Forecast
     4.5.1. Lyocell Fiber Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Lyocell Fiber Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Lyocell Fiber Market Absolute $ Opportunity
5. Global Lyocell Fiber Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Lyocell Fiber Market Size and Volume Forecast by Applications
     5.3.1. Apparels
     5.3.2. Home Textiles
     5.3.3. Surgical Products
     5.3.4. Baby Diapers
     5.3.5. Automotive Filters
     5.3.6. Others (Vehicle Carpeting)
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Lyocell Fiber Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Lyocell Fiber Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Lyocell Fiber Demand Share Forecast, 2019-2026
7. North America Lyocell Fiber Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Lyocell Fiber Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Lyocell Fiber Market Size and Volume Forecast by Applications
     7.4.1. Apparels
     7.4.2. Home Textiles
     7.4.3. Surgical Products
     7.4.4. Baby Diapers
     7.4.5. Automotive Filters
     7.4.6. Others (Vehicle Carpeting)
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Lyocell Fiber Demand Share Forecast, 2019-2026
8. Latin America Lyocell Fiber Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Lyocell Fiber Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Lyocell Fiber Market Size and Volume Forecast by Applications
     8.4.1. Apparels
     8.4.2. Home Textiles
     8.4.3. Surgical Products
     8.4.4. Baby Diapers
     8.4.5. Automotive Filters
     8.4.6. Others (Vehicle Carpeting)
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Lyocell Fiber Demand Share Forecast, 2019-2026
9. Europe Lyocell Fiber Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Lyocell Fiber Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Lyocell Fiber Market Size and Volume Forecast by Applications
     9.4.1. Apparels
     9.4.2. Home Textiles
     9.4.3. Surgical Products
     9.4.4. Baby Diapers
     9.4.5. Automotive Filters
     9.4.6. Others (Vehicle Carpeting)
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Lyocell Fiber Demand Share Forecast, 2019-2026
10. Asia Pacific Lyocell Fiber Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Lyocell Fiber Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Lyocell Fiber Market Size and Volume Forecast by Applications
     10.4.1. Apparels
     10.4.2. Home Textiles
     10.4.3. Surgical Products
     10.4.4. Baby Diapers
     10.4.5. Automotive Filters
     10.4.6. Others (Vehicle Carpeting)
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Lyocell Fiber Demand Share Forecast, 2019-2026
11. Middle East & Africa Lyocell Fiber Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Lyocell Fiber Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Lyocell Fiber Market Size and Volume Forecast by Applications
     11.4.1. Apparels
     11.4.2. Home Textiles
     11.4.3. Surgical Products
     11.4.4. Baby Diapers
     11.4.5. Automotive Filters
     11.4.6. Others (Vehicle Carpeting)
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Lyocell Fiber Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Lyocell Fiber Market: Market Share Analysis
  12.2. Lyocell Fiber Distributors and Customers
  12.3. Lyocell Fiber Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Acegreen Eco-Material Co LTD
     12.4.2. Acelon Chemicals & Fiber Corp
     12.4.3. Baoding Swan Chemical Fiber Groups Co. LTD
     12.4.4. China Populus Textile LTD
     12.4.5. Chonbang Co. LTD
     12.4.6. Grasim Industrial LTD
     12.4.7. Great Duksan Corp
     12.4.8. Lenzing AG

Methodology

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