Viscose Staple Fibre Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Viscose Staple Fibre Market Analysis
The viscose staple fiber market is projected to register a CAGR of over 4% during the forecast period.
The COVID-19 pandemic has significantly impacted the value chain in every aspect. Because of the government's limitations, the supply of raw materials came to a standstill. As a result of the lockdowns in several countries, viscose fiber prices have dropped, forcing many companies, such as Lenzing AG, to start making safety masks at their factories, as non-woven fibers are needed for mask manufacturing. The pandemic had a detrimental influence on the market, particularly in automobile and garment applications. However, the industry saw marginal growth in 2021, as several firms have begun to produce woven textiles in their facilities. In the scheduled time, the market is expected to grow positively.
- In the short term, the market will be driven by the demand for viscose fiber from the fashion apparel sector.
- Synthetic fibers may hamper the market expansion of viscose fibers.
- Future market opportunities will arise from the growing usage of dense fibers in the medical sector.
- The Asia-Pacific region dominated the market and is also estimated to record the fastest CAGR during the forecast period.
Viscose Staple Fibre Market Trends
This section covers the major market trends shaping the Viscose Staple Fiber Market according to our research experts:
Increasing Demand for Woven Fibers
- Natural and biodegradable viscose staple fibers (VSF) or artificial cotton fibers are made from wood pulp and cotton pulp, both of which have properties similar to cotton fibers. These fibers are adaptable and pliable and may be used in various applications, including garments, home textiles, home furnishings, dress materials, and woven and knitted.
- Increasing demand for textiles and apparel is expected to drive the demand for VSF in these applications. Asia-Pacific, the largest market for woven fabrics, is witnessing healthy growth due to the increasing demand in countries like India, China, etc.
- In India, the demand for apparel has increased with growing consumer preference in response to growing foreign textile brands. The demand has been augmented by digitalization and social networking sites and apps, which help increase garments sales. Indian apparel exports to the United States climbed by 38.5% in 2021 to a total of USD 209.63 million, according to The International Trade Administration of the U.S. Department of Commerce.
- Viscose is the most critical artificial cellulose fiber, with a market share of around 79% of all man-made cellulose fibers.
- Small regions, such as Bangladesh, have witnessed an increase in population and living standards, driving the demand for knitted fabrics.
- All the factors above are expected to increase the demand for viscose staple fiber during the forecast period.
The Asia-Pacific Region is Expected to Dominate the Market
- Asia-Pacific is expected to dominate the VSF market during the forecast period owing to the rapidly increasing yarn production.. China is the largest producer and consumer of viscose staple fiber globally.
- China is the largest clothing producer in the world and has the largest production capacity for textile products consisting of cotton, man-made fibers, and silk. The major problem faced by the Chinese viscose staple fiber industry is the presence of surplus production capacities.
- Lenzing and Birla are some of the major global manufacturers with their production facilities in China.
- According to Invest India, in 2021, India's domestic clothing and textile sector provides 5% of the GDP, 7% of industrial production in value terms, and 12% of export revenues. India is the world's sixth-largest exporter of textiles and clothing.
- With the removal of Anti Dumping Duty on viscose fiber in India, the industry is set to see a growth surge in the coming years.
- There has been an increase in wages in the country due to which the textile production is expected to shift to low-wage ASEAN countries, ultimately affecting the sales of viscose staple fiber in China.
- Additionally, supportive government regulations, such as the Amended Technological Upgradation Fund Scheme (ATUFS) and the Scheme for Integrated Textile Parks (SITP), and capital and freight subsidy on textiles by the states of Maharashtra and Haryana have provided a boost to the industry. This, in turn, has significantly driven the market for viscose staple fiber in India.
- Due to all these factors, the market for viscose staple fiber is expected to grow in the region during the forecast period.
Viscose Staple Fibre Industry Overview
The viscose staple fiber market is consolidated, and the top five manufacturers occupy around 60% of the market. The major players in the market include Lenzing AG, Birla Cellulose, SATERI, Xinjiang Zhongtai Chemical Co. Ltd, and Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd, among others.
Viscose Staple Fibre Market Leaders
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LENZING AG
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Birla Cellulose
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Sateri
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Kelheim Fibres GmbH
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Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
*Disclaimer: Major Players sorted in no particular order
Viscose Staple Fibre Market News
- October 2022: Birla Cellulose and Gerber Childrenswear LLC introduced a new range of clothing for babies and toddlers by Gerber. The clothing brand features a collection of buttery-soft rompers, pajamas, dresses, and headbands manufactured with a more sustainably produced viscose fabric mainly derived from eucalyptus trees found in nature. The new fabric choice comprises 95% viscose and 5% spandex.
- July 2022: Sateri launched EcoCosy, Lyocell, and FINEX, three carbon-neutral fiber products. The flagship recycled fiber from Sateri, FINEX, contains up to 20% recycled material. Less than 10% of the carbon emissions of conventional dissolving wood pulp are created by recycled dissolving pulp made from used textiles.
Viscose Staple Fibre Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Growing Demand for Apparels and Clothing
- 4.1.2 Increased Adoption of Viscose Fabrics, due to Ambiguity in Cotton Prices
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4.2 Restraints
- 4.2.1 Competition from Synthetic Fibers
- 4.2.2 Unfavorable Conditions Arising due to the Impact of COVID-19, Especially in End-user Industries like Automotive and Others
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
- 4.5 Production Process
- 4.6 Technological Product Advancement
5. MARKET SEGMENTATION (Market Size in Volume)
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5.1 Application
- 5.1.1 Woven (Textile and Apparel)
- 5.1.2 Non-woven and Specialty
- 5.1.2.1 Healthcare
- 5.1.2.2 Automotive
- 5.1.2.3 Other Applications
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5.2 Geography
- 5.2.1 Asia-Pacific
- 5.2.1.1 China
- 5.2.1.2 India
- 5.2.1.3 Japan
- 5.2.1.4 South Korea
- 5.2.1.5 Rest of Asia-Pacific
- 5.2.2 North America
- 5.2.2.1 United States
- 5.2.2.2 Canada
- 5.2.2.3 Mexico
- 5.2.3 Europe
- 5.2.3.1 Germany
- 5.2.3.2 United Kingdom
- 5.2.3.3 Italy
- 5.2.3.4 France
- 5.2.3.5 Rest of Europe
- 5.2.4 Rest of the World
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Other Rest of the World
6. COMPETITIVE LANDSCAPE
- 6.1 Market Share(%)**/Ranking Analysis
- 6.2 Strategies Adopted by Leading Players
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6.3 Company Profiles
- 6.3.1 Asia Pacific Rayon Limited
- 6.3.2 Birla Cellulose
- 6.3.3 Glanzstoff
- 6.3.4 Jilin Chemical Fiber Group Co. Ltd
- 6.3.5 Kelheim Fibres GmbH
- 6.3.6 LENZING AG
- 6.3.7 Nanjing Chemical Fibre Co. Ltd
- 6.3.8 Sateri
- 6.3.9 SNIACE Group
- 6.3.10 Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
- 6.3.11 Yibin Hiest Fibre Limited Corporation (Milan)
- 6.3.12 Xinjiang Zhongtoi Chemical Co. Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Increasing Use of Cellulose Fibers in Healthcare Applications
Viscose Staple Fibre Industry Segmentation
A viscous fiber is a type of fiber that has a high resistance to flow. This fiber is often used in textiles and clothing to provide comfort and breathability. Viscous fibers are also known for wicking moisture away from the skin, which can help keep the wearer cool and comfortable. Viscose staple fibers are biodegradable cotton-like fibers. They are made from wood pulp and cotton pulp. The viscose staple fiber market is segmented by application and geography. By application, the market is segmented into woven and non-woven and specialty. The report also covers the market sizes and forecasts for the viscose staple fiber market in 13 countries across the central regions. For each segment, the market sizing and forecasts have been done on the basis of volume (kilotons).
| Application | Woven (Textile and Apparel) | |
| Non-woven and Specialty | Healthcare | |
| Automotive | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | Rest of the World | Brazil |
| Argentina | ||
| Other Rest of the World |
Viscose Staple Fibre Market Research FAQs
What is the current Viscose Staple Fiber Market size?
The Viscose Staple Fiber Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Viscose Staple Fiber Market?
LENZING AG, Birla Cellulose , Sateri , Kelheim Fibres GmbH and Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd are the major companies operating in the Viscose Staple Fiber Market.
Which is the fastest growing region in Viscose Staple Fiber Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Viscose Staple Fiber Market?
In 2024, the Asia Pacific accounts for the largest market share in Viscose Staple Fiber Market.
What years does this Viscose Staple Fiber Market cover?
The report covers the Viscose Staple Fiber Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Viscose Staple Fiber Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Viscose Staple Fibre Industry Report
Statistics for the 2024 Viscose Staple Fibre market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Viscose Staple Fibre analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
