Global Cellulosic Man-Made Fibers Market to Reach US$31.0 Billion by 2030
The global market for Cellulosic Man-Made Fibers estimated at US$24.2 Billion in the year 2024, is expected to reach US$31.0 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2024-2030. Clothing, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$18.8 Billion by the end of the analysis period. Growth in the Fabrics segment is estimated at 5.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$6.5 Billion While China is Forecast to Grow at 4.0% CAGR
The Cellulosic Man-Made Fibers market in the U.S. is estimated at US$6.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.0 Billion by the year 2030 trailing a CAGR of 4.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.9% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.0% CAGR.
Cellulosic Man-Made Fibers - Key Trends and Drivers
Cellulosic man-made fibers are derived from natural cellulose sources such as wood pulp, cotton linters, and bamboo, offering a sustainable alternative to synthetic fibers. The process of creating these fibers involves chemically processing the raw cellulose to form fibers that can be spun into yarns and fabrics. The most common types of cellulosic fibers include viscose, modal, and lyocell. Viscose, often referred to as rayon, is prized for its silk-like feel, excellent drape, and versatility, making it a popular choice for fashion garments, upholstery, and nonwoven products like wipes. Modal, which is processed under high tension, boasts superior softness, breathability, and absorbency, making it ideal for intimate apparel, activewear, and luxury bed linens. Lyocell, produced through a more environmentally friendly process known as the closed-loop process, is known for its strength, moisture-wicking properties, and biodegradability, making it suitable for a wide range of applications, from denim and dress fabrics to technical textiles and personal care products.
Recent trends in the cellulosic man-made fibers market underscore a growing emphasis on sustainability and environmental stewardship. As concerns about the environmental impact of synthetic fibers intensify, both consumers and manufacturers are increasingly turning to cellulosic alternatives. Innovations in production techniques, such as the closed-loop process used in lyocell production, significantly reduce the environmental footprint by recovering and reusing solvents, thus minimizing waste and pollution. Additionally, the growing movement towards circular fashion, which promotes the recycling and reuse of materials, aligns perfectly with the biodegradable nature of cellulosic fibers. This has led to increased investment in research and development to enhance the performance characteristics of these fibers, such as improving their tensile strength, durability, and moisture management properties. Furthermore, the versatility of cellulosic fibers allows for their use in high-performance textiles and nonwoven fabrics, expanding their market potential beyond traditional applications.
The growth in the cellulosic man-made fibers market is driven by several factors. Firstly, there is an increasing consumer awareness and demand for sustainable and biodegradable textiles, which propels market expansion as more consumers seek eco-friendly alternatives to synthetic fibers. Secondly, technological advancements in fiber production, such as the development of eco-friendly lyocell and high-tenacity modal fibers, enhance product offerings and reduce the environmental impact of manufacturing processes. Thirdly, the expanding applications of these fibers in various end-use industries, including fashion, home textiles, and healthcare, create new growth opportunities. For instance, the use of lyocell in medical textiles due to its hypoallergenic properties and in high-performance sportswear for its moisture management capabilities highlights its versatility. Additionally, regulatory support for sustainable practices in textile manufacturing encourages the adoption of cellulosic fibers, with many governments implementing stricter environmental regulations and incentives for eco-friendly production methods. Lastly, shifting consumer preferences towards natural and comfortable fabrics, coupled with the rising popularity of athleisure and eco-fashion trends, further boosts demand. The combination of these drivers underscores the growing importance and potential of cellulosic man-made fibers in the global textile industry, positioning them as key players in the future of sustainable textiles.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
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APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
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CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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