#Market Analysis & Forecasts

2022-11-24

Natural Fibers Global Market Report 2022: Ukraine-Russia war impact

Reportlinker.com announces the release of the report "Natural Fibers Global Market Report 2022: Ukraine-Russia War Impact" -

The global natural fibers market is expected to grow from $63.62 billion in 2021 to $66.10 billion in 2022 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The natural fibers market is expected to grow to $77.12 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%.

The natural fibers market consists of sales of natural fibers by entities (organizations, sole traders, and partnerships) that are used in various industries for their better renewable, cost-effective, abundant, formability, and eco-friendly features. Natural fibers refer to long, thin, and flexible thread-like structures with various advantages, including high specific stiffness and strength, a good fiber aspect ratio, biodegradability, and easy accessibility from natural sources.

The main types of natural fibers are cellulose-based, and protein-based fibers.The cellulose-based fibers refer to fibers consisting primarily of cellulose and a varying amount of hemicellulose, lignin, pectins, and waxes depending on the origin of extraction from part of the plant.

The distribution channels include direct or institutional sales, retail sales, and other channel sales. The various end-use industries include automotive, textiles, medical, and other end-user industries.

Asia Pacific was the largest region in the natural fibers market in 2021.North America is expected to be the fastest-growing region in the forecast period.

The regions covered in natural fibers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The rising focus on the fuel efficiency of vehicles is expected to propel the growth of the natural fibers market going forward.Fuel efficiency refers to a measurement of how far a car can go on a certain amount of fuel.

Natural fibers help fuel efficiency vehicles by reducing the weight of the vehicle in order to consume less fuel. For instance, in 2020, according to Consumer Reports, a US-based nonprofit consumer organization, a survey of 3,879 Americans revealed that 83% of Americans agree that they expect new car generations to be more fuel-efficient than the previous ones, and 74% stated that automaker companies have a duty to continue improving gas mileage. 89% of people in the survey believed that automakers should keep enhancing the fuel efficiency of new vehicles. Therefore, the rising focus on fuel efficiency is driving the natural fiber market.

Product innovations are the key trend gaining popularity in the natural fibers market.Major companies operating in the natural fibers market are developing new products with advanced technological processes to sustain their position in the natural fibers market.

For instance, in June 2020, Sateri, a China-based natural and high-quality fiber developer launched Finex, an innovative next-generation cellulosic fiber made with recycled material.Finex is a unique product that is manufactured from bio-based natural fibers which are a combination of recycled pre-consumer and post-consumer textile waste, and other PEFC-certified wood pulp from renewable plantations and includes unique features such as being soft on the skin and brightly colored and breathable.

Due to its innovation and technology, Finex makes it feasible to recycle cellulosic textile fiber.

In October 2021, Bast Fibre Technologies (BFT), a Canada-based cleantech fiber engineering firm acquired Faser Veredlung Tonisvorst (FTV) for an undisclosed amount.Through this acquisition, Bast Fibre Technologies aims to strengthen its manufacturing capabilities to cater to the increasing demand of customers and expand.

Faser Veredlung Tönisvorst is a Germany-based textile processing facility that manufactures natural fiber.

The countries covered in the natural fibers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Major players in the market are Barnhardt Manufacturing Company , BComp Ltd , UPM , The Natural Fibre Company , JELU-WERK J. Ehrler GmbH and Co KG, LENZING AG, OECO Textiles , TECNARO GMBH , Procotex , Grasim Industries Limited , Ananas Anam , Circular Systems SPC, Chandra Prakash and Company, and Kelheim Fibres GmbH.

The natural fibers market research report is one of a series of new reports that provides natural fibers market statistics, including natural fibers industry global market size, regional shares, competitors with a natural fibers market share, detailed natural fibers market segments, market trends and opportunities, and any further data you may need to thrive in the natural fibers industry. This natural fibers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Read the full report:

https://www.reportlinker.com/p06364860/?utm_source=GNW

Responsible Textile Recovery Act of 2024 signed by Governor

Senator Josh Newman (D-Fullerton) is proud to announce that Senate Bill 707 (SB 707), the Responsible Textile Recovery Act of 2024, has been signed into law by the Governor of California, Gavin Newsom. This groundbreaking legislation establishes the country’s first Extended Producer Responsibility (EPR) textile recycling program, marking a significant step forward in the state’s efforts to combat waste and promote sustainability.

Modtissimo promotes sustainability with 28 coordinates in the Green Circle

Modtissimo is proving more and more to be a textile and clothing show that delivers the latest innovations in the area of sustainability, with the iTechStyle Green Circle being the main showcase for companies' creations. In this 60+4 edition, taking place on 12 and 13 September, 28 coordinates will be exhibited in a section organised by CITEVE and curated by Paulo Gomes.

The EU and Egypt team up to mobilise private sector investments at Investment Conference and sign a Memorandum of Understanding underpinning €1 billion in macro-financial assistance for Egypt

At the EU-Egypt Investment Conference, co-organised by the EU and the Government of Egypt on 29-30 June, the EU and Egypt are teaming up to intensify private sector investments in Egypt. They are also signing a Memorandum of Understanding (MoU) for the disbursement to Egypt of up to €1 billion in Macro-Financial Assistance.

Fluff pulp market maintains steady growth

Despite being impacted by political and economic woes, the global fluff pulp market in 2024 will reach 7.3 million air dried tonnes with a value of $9.7 billion, according to a new Smithers produced study, The Future of Fluff Pulp to 2029. This is up from 6.2 million air dried tonnes valued at $5.5 billion in 2019.

Economic and geopolitical headwinds influence industrial nonwovens growth to 2029

The global consumption of industrial nonwovens in 2024 is 5.3 million tonnes or 83.4 billion square metres (m2), valued at $21.2 billion, according to The Future of Industrial Nonwovens to 2029 from Smithers. Growth rates for 2019-24 were 6.9% (tonnes), 6.9% (m2) and 6.7% ($). This reflects a recovery in some markets from Covid-19 as well as an adjustment to the Russian invasion of Ukraine in 2022 and its repercussions (inflation, energy supply/price, global economic growth reductions).

Nike unites innovation, design and product teams to accelerate athlete-centered innovation

Nike, Jordan Brand and Converse are joining forces under a new, athlete-focused creation structure aimed at accelerating innovation and driving growth across NIKE, Inc. The new setup unites the Innovation, Design and Product teams from all three brands into a single “creation engine” that will enable greater sharing of insights, technology and manufacturing methods throughout the innovation process. This integration is part of Nike’s new Sport Offense strategy and is designed to enhance the creation of products that help athletes perform at their best.

DORNIER celebrates its anniversary at ITMA Asia + CITME

To mark its 75th anniversary, machine and plant manufacturer Lindauer DORNIER will be presenting the latest developments in its rapier and air-jet weaving machines at ITMA Asia + CITME in Singapore (Hall 2, Stand B401) from 28 to 31 October 2025. The focus will be on energy-efficient weaving technologies, new IoT solutions for networked textile production and systems for the series production of modern fibre composite components.

BCI warns against ‘dangerous dilution’ of EU corporate directives

The approval of the European Commission’s Omnibus I proposal by the European Parliament’s Committee on Legal Affairs, accepting controversial changes to key sustainability directives is of great concern. These changes, namely to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), threaten to significantly dilute business reporting and due diligence obligations.

Pioneering open-source framework shows how early innovation drives a just and net-zero fashion future

The non-profit H&M Foundation, in collaboration with Accenture, has unveiled From Signals to Systems Change, an insight report calling on the fashion industry to rethink its role in transformation. At its core is the Reimagined System Map, a pioneering open-source framework that visualises how early-stage innovation could drive a just and net-zero textile future.