Biodegradable Fabrics Market Analysis (2024 – 2030)
The global biodegradable fabrics market, which was valued at USD 12.42 Billion in 2023, is projected to reach USD 21.71 Billion by 2030, with a robust Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period (2024-2030).
Biodegradable Fabrics Market Overview
The biodegradable fabrics market constitutes a segment within the textile industry dedicated to developing and utilizing textiles crafted from organic, renewable, and decomposable materials. These fabrics, often manufactured using eco-friendly processes, exert minimal environmental impact. Among the prominent biodegradable textiles are cotton, linen, hemp, bamboo, and wool, known for their innate renewability and biodegradability, thus causing negligible harm to the environment. Factors propelling the biodegradable fabrics market include heightened environmental concerns, increased consumer awareness regarding the adverse effects of synthetic materials, and a growing demand for eco-friendly and sustainable products. This surge in demand reflects consumers' growing acknowledgment of the environmental ramifications associated with the textile sector. Consequently, several fashion designers and retailers are integrating biodegradable materials into their collections, recognizing the escalating demand for sustainability.
Anticipated Expansion Drivers of the Global Biodegradable Fabrics Market:
The surge in demand for biodegradable fabrics is propelled by factors such as environmental consciousness, governmental regulations, and the fashion industry's inclinations toward sustainability. Technological advancements and consumer education are fostering an increased availability and demand for biodegradable fabrics, thereby contributing to market expansion.
Challenges Facing the Global Biodegradable Fabrics Market:
Despite the growing market for biodegradable fabrics, challenges persist, including higher production costs compared to conventional synthetic materials, limited availability, and concerns regarding durability and strength. The COVID-19 Impact on the Global Biodegradable Fabrics Market:
The pandemic has amplified consumers' awareness of environmental issues, driving demand for sustainable products like biodegradable fabrics. Governmental efforts to promote sustainability, coupled with disruptions in the global supply chain due to the pandemic, have influenced the production and availability of biodegradable fabrics.
Recent Developments in the Global Biodegradable Fabrics Market:
Global Biodegradable Fabrics Market Segmentation:
Global Biodegradable Fabrics Market Segmentation: By Material Type
Natural Fibers Cotton stands out as the prevailing natural fiber used in the production of biodegradable fabrics, owing to its widespread availability and rapid biodegradability. Wool, another natural fiber, is compostable and biodegradable, often utilized in crafting high-quality garment textiles with fast degradation. Similarly, silk, a natural fiber, can be composted and degraded, commonly featured in upscale garment textiles with inherent biodegradability. Biodegradable fabrics like viscose, lyocell, and modal are frequently derived from cellulose, a naturally occurring polymer present in plants. Additionally, hemp, bamboo, and jute find application in manufacturing biodegradable fabrics.
Global Biodegradable Fabrics Market Segmentation: By Application
The apparel sector is anticipated to command the largest market share in the biodegradable fabrics segment, driven by the increasing consumer preference for sustainable fashion and environmentally friendly clothing. The category of home textiles encompasses products such as bedding, towels, and curtains, witnessing a surge in demand for sustainable options, thereby fostering growth. Technical textiles, serving non-apparel purposes like automotive, agriculture, construction, and medical applications, can benefit from the utilization of biodegradable fabrics to mitigate environmental impact. Additionally, biodegradable fabrics find application in various products such as bags, shoes, and accessories, catering to the demand for sustainable alternatives in these categories.
Global Biodegradable Fabrics Market Segmentation: By End-User
Individual consumers procuring biodegradable fabrics for apparel, home textiles, and accessories constitute a significant market segment. Textile manufacturers producing biodegradable fabrics for incorporation into finished goods, including clothing, home textiles, technical textiles, among others, form another vital segment within this market.
Global Biodegradable Fabrics Market Segmentation: By Region
The biodegradable fabrics market is poised for substantial growth, driven by escalating consumer demand for eco-friendly products and heightened environmental awareness.
The European market is projected to expand, buoyed by established textile industries and supportive governmental regulations promoting sustainability. In the Asia-Pacific region, particularly in nations like India and China, burgeoning population, increasing disposable incomes, and a growing inclination towards sustainable products are expected to fuel significant growth. Similarly, the South American market is anticipated to witness expansion due to rising demand for environmentally friendly products and conducive regulatory frameworks supporting sustainability.
Global Biodegradable Fabrics Market Key Players:
Chapter 1. BIODEGRADABLE FABRICS MARKET – Scope & Methodology
1.1. Market Segmentation
1.2. Assumptions
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. BIODEGRADABLE FABRICS MARKET – Executive Summary
2.1. Market Size & Forecast – (2023 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2023 – 2030
2.3.2. Impact on Supply – Demand
Chapter 3. BIODEGRADABLE FABRICS MARKET – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. BIODEGRADABLE FABRICS MARKET - Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. BIODEGRADABLE FABRICS MARKET - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. BIODEGRADABLE FABRICS MARKET – by Material Type
6.1. Cotton
6.2. Wool
6.3. Silk
6.4. Cellulose
6.5. Others
Chapter 7. BIODEGRADABLE FABRICS MARKET – By Application
7.1. Apparel
7.2. Home textiles
7.3. Technical textiles
7.4. Others
Chapter 8. BIODEGRADABLE FABRICS MARKET – By End-Use
8.1. Individual consumers
8.2. Textile manufacturers
8.3. Others
Chapter 9. BIODEGRADABLE FABRICS MARKET – By Region
9.1. North America
9.2. Europe
9.3.The Asia Pacific
9.4.Latin America
9.5. Middle-East and Africa
Chapter 10. BIODEGRADABLE FABRICS MARKET– Company Profiles – (Overview, Product Portfolio, Financials, Developments)
10.1. Lenzing AG
10.2. DuPont Biomaterials
10.3. Eastman Chemical Company
10.4. Bolt Threads
10.5. Tamicare
10.6. Evrnu
10.7. Nanollose
10.8. Spinnova
10.9. Circular Systems
10.10. Birla Cellulose
10.11. Orange Fiber
10.12. Giotex Industries
10.13. Ecovative Design
10.14. Kering
10.15. Cone Denim
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Frequently Asked Questions
The Global Biodegradable Fabrics Market was estimated at USD 11.47 Billion in 2022 and is anticipated to be a value of USD 21.71 Billion by 2030, growing at a fast CAGR of 8.3% during the forecast period 2023-2030
The Global Biodegradable Fabrics Market is driven by the Growing Awareness of Environmental Issues, Stringent Government Regulations, Rising Demand for Eco-friendly Products, and Technological Advancements
The Segments under the Global Biodegradable Fabrics Market by the application are Apparel, Home textiles, Technical textiles, and others.
China, Japan, South Korea, Singapore, and India are the most dominating countries in the Asia Pacific region for the Global Biodegradable Fabrics Market
Lenzing AG, DuPont Biomaterials, and Eastman Chemical Company are the three major leading players in the Global Biodegradable Fabrics Market.