The Global Lyocell Fabric Market Growth Accelerated By Enhanced Sustainability

Lyocell Fabric Market
Lyocell Fabric Market


Lyocell fabric is a natural cellulosic fiber produced from wood pulp through a closed-loop solvent system, using an organic solvent. These fibers can be easily formed into garments and fabrics, which provide the advantages of natural fabrics such as softness, breathability, and moisture-wicking. The use of Lyocell fabric for apparel and home textiles is gaining popularity owing to its sustainability credentials, as the production process has lower environmental impact. The global Lyocell Fabric Market is estimated to be valued at US$ 1.26 Bn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:


The growing popularity of sustainable fabrics is the major trend fueling the growth of the Lyocell Fabric Market. Users are increasingly concerned about the environment and climate change impact of fabrics. Lyocell is a more eco-friendly option compared to other man-made cellulosic fibers as it uses a closed-loop production process where solvents are recycled and reused. This enhances the sustainability profile of Lyocell and makes it appealing for apparel brands focusing on reducing their environmental footprint. The enhanced sustainability is raising demand from markets like Europe and North America where consumers are willing to pay premium prices for greener fabrics. This increasing demand driven by sustainability is expected to drive the Lyocell Fabric Market growth over the forecast period.


Segment Analysis


The global lyocell fabric market is segmented based on source into wood pulp and cotton pulp. The wood pulp segment dominates the market and accounts for over 70% share due to lower costs compared to cotton pulp. The segment is expected to retain its dominance during the forecast period.

Key Takeaways


The global Lyocell Fabric Market Growth  is expected to witness high growth during the forecast period of 2023-2030. Regional analysis indicates that the Asia Pacific region holds the dominant share currently and is expected to continue dominating owing to high textile production and rapidly growing apparel industry in the region, especially in India and China.

Key players operating in the lyocell fabric market are Sara Swati Engineering Limited, Schoeller Arca TIME Material Handling Solution, Mekins Group, Swift Technoplast Private limited, Doll Plast Pallets, JIT Wood Packaging, LEAP India Pvt. Ltd., Spanco Enterprises, Bharadwaj Packaging Private Limited, Aristoplast Products Pvt. Ltd., B.D. Industries (India) Pvt. Ltd., Total Pack, and DNA Packaging Systems.

The global lyocell fabric market size in 2023 is estimated to be US$ 1.26 Bn. Lyocell fabric is gaining popularity as a sustainable alternative to cotton and viscose fabrics due to its low environmental impact and biodegradability. Its breathability, soft texture and ability to take dyes well has increased its uptake in the apparel industry. The apparel segment accounts for over 60% of lyocell fabric market demand currently.

For more insights, read- https://www.ukwebwire.com/lyocell-fabric-market-trends-size-and-share-analysis/

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