Wood-based Fibers Market Size (2024 - 2029)

The wood-based fibers market is projected to experience significant growth over the forecast period, driven primarily by increasing demand from the textile industry. However, the expansion of the market size may face challenges due to the availability of alternative materials such as synthetic fibers, cotton, and wool, which could impede its growth trajectory.

Home Market Analysis Chemicals & Materials Research Wood Derivatives Research Wood based Fiber Research Wood-Based Modal Fiber Market Market Size

Market Size of Wood-based Fibers Industry

wood-based fibers market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

wood-based fibers market size

*Disclaimer: Major Players sorted in no particular order

Wood-Based Fibers Market Analysis

The market for wood-based fibers is expected to register a CAGR of more than 6% globally during the forecast period.

Rising demand from the textile industry is driving the market growth.

Availability of substitutes such as synthetic fibers, cotton, and wool are likely to hinder the growth of the market.

Wood-Based Fibers Industry Segmentation

The Wood-based Fibers Market report include:

Type
Viscose
Modal
Lyocell
Cupro
Other Types
Application
Apparel & Textile
Healthcare (Including Personal Care)
Automotive & Transportation
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
Rest of the World
South America
Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Wood-based Fibers Market Size Summary

The wood-based fibers market is poised for significant growth, driven primarily by increasing demand from the textile industry. These fibers, derived from the natural polymer cellulose, are gaining traction due to their sustainable characteristics, making them an attractive alternative to traditional materials like cotton and wool. The textile industry values the unique properties of various wood-based fibers, such as viscose, modal, and lyocell, which are produced using advanced technologies. Despite the presence of substitutes like synthetic fibers, the rising interest in sustainable and eco-friendly materials is expected to bolster the market's expansion over the forecast period. The market's growth is further supported by the robust development of the textile sector in regions such as Asia-Pacific, where countries like China and India are experiencing significant industrial activity.

The Asia-Pacific region is anticipated to lead the wood-based fibers market, fueled by the burgeoning textile industries in China, India, and other countries. These nations are witnessing stable economic growth, with the textile sector playing a crucial role in their industrial output and GDP. The region's dominance is attributed to the increasing demand for textiles, supported by technological advancements and a diverse range of textile products. The global market is characterized by a consolidated structure, with major players like Lenzing, Sappi, Bracell, and Grasim Industries Limited holding significant market shares. These companies are instrumental in driving innovation and meeting the rising demand for wood-based fibers in the global market.

Explore More

Wood-based Fibers Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rising Usage from Textile Industry

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Availability of Substitutes like Synthetic Fibers, Cotton, and Wool

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Viscose

      2. 2.1.2 Modal

      3. 2.1.3 Lyocell

      4. 2.1.4 Cupro

      5. 2.1.5 Other Types

    2. 2.2 Application

      1. 2.2.1 Apparel & Textile

      2. 2.2.2 Healthcare (Including Personal Care)

      3. 2.2.3 Automotive & Transportation

      4. 2.2.4 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 Rest of the World

        1. 2.3.4.1 South America

        2. 2.3.4.2 Middle-East and Africa

Wood-based Fibers Market Size FAQs

The Wood-based Fibers Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

Lenzing, Sappi , Aditya Birla Group , Rayonier Advanced Materials and Bracell are the major companies operating in the Wood-based Fibers Market.

Wood-Based Fibers Market Report Snapshots

Wood-Based Fibers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)