Global Natural Fibers Market – Industry Trends and Forecast to 2030

Global Natural Fibers Market, By Type (Cellulose-Based, Natural Fiber and Protein-Based Fiber), Protein (Mohair, Silk and Wool), Application (Automotive, Textiles, Insulation and Medical Applications) - Industry Trends and Forecast to 2023 to 2030.

Natural Fibers Market Analysis and Size

The essential factors contributing to the growth of the global natural fibers market in the forecast period of 2023 to 2030 include benefits associated with the use of natural fibers, rising demand from various sectors, and the rise in demand of silk and wool based products.

Data Bridge Market Research analyses that the global natural fibers market which was USD 40,210.12 million in 2022, is expected to reach USD 60,748.87 million by 2030, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Global Natural Fibers Market Definition

Natural fibers are fibers derived from plant, animal, or mineral sources and are used to create textiles and other materials. They have been used for thousands of years by humans to make clothing, household items, and more. Natural fibers are valued for their breathability, comfort, and sustainability.

Global Natural Fibers Market Dynamics

Drivers

• Rise in the demand from various sectors

The deployment of natural fibers has shown significant growth in several commercial and industrial applications such as composite parts, building materials, and interiors of automobiles, panels for partition and false ceilings, particle boards, insulation boards, medicine, cosmetics, and composites. These commercial and industrial applications are expected to drive the growth of the natural fibre market. The textile industry led the global natural fibre market due to extensive use of product in several household and apparel products. Due to quality features such as better thermal insulation, cost-effective and low weight increase its demand in textile industry.

• Rise the demand for silk and wool based product

The demand for silk-based and wool-based products increases the availability of natural fiber which is anticipated to account for a remarkable share on account of easy accessibility with high penetration in the medical and textile products manufacturing industries. Furthermore, rising product demand in the manufacturing of advanced natural fiber composites used in automotive interiors is expected to fuel the market growth in the coming years.

Opportunities

• Rising awareness regarding the harmful effects of synthetic fibers

The rise in awareness of the damage caused by synthetic materials on the environment has led to the growth of environmental materials. The growth of natural fibre-based materials can replace the synthetic materials. As a result, there is a rise in demand for the commercial use of the natural fiber in recent years for several industrial sectors.

Restraints/Challenges

• Stiff competition from synthetic fibers

The natural fibre industry faces intense competition from the synthetic fibers sector due to its high penetration in several end-use industries, such as textile, automotive, and medical. Furthermore, the manufacturing and other functioning processes are cost-intensive and energy-intensive, which upsurges the price of the final products. This may have a slightly negative impact on the industry and obstruct the market's growth in the forecast period.

• Limited Supply of raw Materials

Natural fibers are typically made from natural resources that take a long time to grow as compared to that of synthetic fibers and are limited. Any disruptions in the supply chain of these precursors can affect the production of natural fibers and result in price fluctuations.

This natural fibers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Natural fibers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In March 2020, UPM developed a new world-class biocomposite material that meets the highest sustainability requirements. The new material, called UPM Formi EcoAce, contains certified wood and cellulose fibers, as well as certified renewable PP polymers from SABIC’s TRUCIRCLE  solutions that are made using wood-based feedstock from UPM Biofuels production. The UPM BioVerno production is certified by both ISCC PLUS and RSB

Global Natural Fibers Market Scope

The global natural fibers market is segmented on the basis of type, protein, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Cellulose-Based
• Natural Fiber
• Protein-Based Fiber

Protein

• Mohair
• Silk
• Wool

Application

• Automotive
• Textiles
• Insulation
• Medical Applications

Global Natural Fibers Market Regional Analysis/Insights

The global natural fibers market is analyzed and market size insights and trends are provided by type, protein, and application as referenced above.

The countries covered in the global natural fibers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the global natural fibers market due to the rising demand for natural fibers from consumers and other end-use industries.

North America is expected to be the fastest developing region during the forecast period 2023-2030 owing to the increasing consumption of natural fibers in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Natural Fibers Market Share Analysis

The global natural fibers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to natural fibers market.

Some of the major players operating in the global natural fibers market are:

• Vrijesh Natural Fibre & Fabrics Pvt. Ltd. (India)
• Trex Company Inc. (U.S.)
• Fiberon (U.S.)
• OECO Textiles (U.S.)
• Barnhardt Manufacturing Company (U.S.)
• Advanced Environmental Recycling Technologies, Inc (U.S.)
• BComp Ltd (Switzerland)
• The Natural Fibre Company (U.K.)
• UPM (Finland)
• TECNARO GMBH (Germany)
• Procotex (France)
• FlexForm SpA (U.S.)
• China National Cotton Group Corp (China)
• Grasim Industries Limited (Nagda)
• Shandong Ruyi Technology Group Co, Ltd (China)
• COFCO (China)
• Ananas Anam (U.K.)
• BASF SE (Germany)
• Bast Fiber Technologies Inc (Canada)
• Kelheim Fibres GmbH (Germany)
• Circular Systems (U.S.)
• Evrnu SPC (U.S.)
• Natural Fiber Welding Inc, (U.S.)