Global Lyocell Fiber
Market Report
2024
Lyocell fiber market size is USD 1528.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global lyocell fiber market size is USD 1528.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Lyocell Fiber Market Sales Revenue 2024 | $ 1528.2 Million |
Global Lyocell Fiber Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.5% |
North America Lyocell Fiber Market Sales Revenue 2024 | $ 611.28 Million |
North America Lyocell Fiber Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.7% |
Europe Lyocell Fiber Market Sales Revenue 2024 | $ 458.46 Million |
Europe Lyocell Fiber Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10% |
Asia Pacific Lyocell Fiber Market Sales Revenue 2024 | $ 351.49 Million |
Asia Pacific Lyocell Fiber Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.5% |
South America Lyocell Fiber Market Sales Revenue 2024 | $ 76.41 Million |
South America Lyocell Fiber Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.9% |
Middle East and Africa Lyocell Fiber Market Sales Revenue 2024 | $ 30.56 Million |
Middle East and Africa Lyocell Fiber Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.2% |
Market Split by Fibre Type |
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Market Split by Application |
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Market Split by Home Textiles |
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Market Split by Medical Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Lyocell Fiber industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Lyocell Fiber Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Lyocell fiber, a type of cellulosic fiber, is renowned for its sustainable and eco-friendly nature. Produced from dissolving wood pulp using a closed-loop solvent spinning process, typically utilizing the solvent N-Methylmorpholine N-oxide (NMMO), it stands out for its biodegradability and low environmental impact. Lyocell boasts exceptional moisture absorption properties, making it ideal for breathable textiles with a silky, soft feel akin to natural fibers like cotton. Its versatility extends to various applications, including clothing, home textiles, medical dressings, and more. With its combination of sustainability, comfort, and functionality, Lyocell fiber continues to gain prominence in the global textile industry.
An increasing emphasis on comfort, breathability, and moisture absorption in textiles is driving sales growth in the Lyocell Fiber Market. Lyocell fibers, renowned for their softness, smooth texture, and excellent moisture-wicking properties, meet these demands effectively. Furthermore, as people become more health-conscious and seek clothing that promotes airflow and regulates body temperature, the demand for breathable textiles like Lyocell continues to rise. Additionally, the eco-friendly nature of Lyocell fibers aligns with the sustainability preferences of modern consumers, further bolstering their popularity. This trend is expected to fuel continued expansion in the Lyocell Fiber Market as manufacturers capitalize on the growing demand for comfortable and functional textiles.
In June 2023, Circ and Acegreen solidified a strategic alliance aimed at producing filament lyocell for the fashion sector using CIRC's cotton pulp reclaimed from poly-cotton textile waste. This partnership capitalizes on the successful collaboration between Circ and Acegreen, evidenced by their recent joint product launch with Zara Woman. Under this agreement, ACEGREEN will persist in manufacturing filament lyocell utilizing CIRC's reclaimed cotton derived from poly-cotton textile waste, aligning with their shared long-term commercial objectives.
(Source: https://circ.earth/circ-and-acegreen-partner-to-manufacture-fiber-from-reclaimed-polycotton/)
Growing environmental awareness is a significant driver propelling the increase in sales of Lyocell fibers. As consumers become increasingly conscious of the ecological footprint of their purchases, they seek out sustainable alternatives like Lyocell. This fiber stands out for its eco-friendly production process, utilizing renewable wood pulp and requiring less water and energy compared to traditional textiles. Moreover, Lyocell's biodegradability aligns with the principles of circular economy, reducing waste accumulation in landfills. Brands and retailers responding to this demand shift towards offering Lyocell-based products, capitalizing on its eco-friendly image to attract environmentally-conscious consumers. With sustainability becoming a key factor influencing purchasing decisions across various industries, the Lyocell fiber market is poised for continued growth as it addresses the pressing environmental concerns of the modern era.
Ongoing advancements in production processes are playing a pivotal role in propelling the growth of the Lyocell fiber market. Continuous innovation in manufacturing technologies has led to increased efficiency, reduced production costs, and improved product quality. These advancements enable manufacturers to scale up production and meet the growing demand for Lyocell fibers across various industries. Additionally, innovations in spinning techniques and solvent recovery systems enhance the sustainability credentials of Lyocell production, further driving its adoption. As production processes become more streamlined and resource-efficient, Lyocell fibers become increasingly competitive compared to conventional textiles. This, in turn, expands the market reach of Lyocell fibers, attracting more consumers and industries seeking sustainable and high-performance fiber solutions. Overall, ongoing advancements in production processes are key drivers in accelerating the growth trajectory of the Lyocell fiber market.
Capacity constraints in Lyocell production facilities present a significant challenge that may limit sales growth. As demand for Lyocell fibers continues to rise, manufacturers face pressure to expand their production capacities. However, the expansion process involves substantial investments in equipment, infrastructure, and skilled labor, which can be time-consuming and costly. These constraints may lead to supply shortages, causing delays in fulfilling orders and potentially driving up prices. Moreover, limited production capacity could deter potential customers, particularly large-scale retailers and manufacturers, who require consistent and reliable supply chains. Addressing capacity constraints requires strategic planning, investment, and collaboration across the industry to ensure that the market can meet the growing demand for sustainable Lyocell fibers effectively. Failure to overcome these constraints may impede the market's growth potential and competitiveness in the global textile industry.
The Covid-19 pandemic has had a detrimental impact on the Lyocell Fiber Market. The global economic slowdown resulted in decreased consumer spending, particularly on non-essential goods like textiles. Disruptions in supply chains and manufacturing operations due to lockdowns and restrictions further exacerbated the situation, leading to reduced production capacities and delays in delivery schedules. With retail outlets closed and consumer confidence dwindling, demand for Lyocell fibers plummeted across various end-user industries such as apparel, home textiles, and medical applications. Additionally, uncertainty about the duration and severity of the pandemic hindered investment and expansion plans in the Lyocell industry. As a result, the market experienced declining sales, revenue losses, and increased inventory levels, highlighting the vulnerability of the Lyocell Fiber Market to external shocks like global health crises.
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The competitive landscape of the Lyocell Fiber Market is characterized by intense rivalry among key players vying for market share. Companies compete on factors such as product quality, pricing strategies, innovation, and sustainability initiatives to gain a competitive edge in this dynamic and rapidly evolving industry.
Top Companies Market Share in Lyocell Fiber Industry: (In no particular order of Rank)
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Global Lyocell Fiber Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Lyocell Fiber Industry growth. Lyocell Fiber market has been segmented with the help of its Fibre Type, Application Home Textiles, and others. Lyocell Fiber market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, staple held the major market share over the forecast period due to its versatility in various applications, including apparel, home textiles, and medical use. Additionally, staple fibers offer excellent moisture absorption properties, making them ideal for comfortable and breathable textiles. Furthermore, the growing trend towards sustainable fashion drives demand for eco-friendly fibers like staple. Moreover, staple fiber compatibility with existing manufacturing processes and machinery enhances their market attractiveness, contributing to increased sales.
Filaments are the fastest-growing category over the forecast period due to several factors. Firstly, filaments offer unique properties such as strength, smoothness, and lustre, making them suitable for premium textile applications like high-end apparel and luxury home textiles. Additionally, the continuous filament structure provides durability and drivability, appealing to discerning consumers. Moreover, advancements in filament spinning technologies improve production efficiency and quality, further driving market demand. Furthermore, the growing preference for synthetic fibers in various industries accelerates the adoption of filament-based textiles, boosting sales in this segment.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Lyocell Fiber Industry. Request a Free Sample PDF!
According to Cognitive Market Research, apparel hold a prominent market share due to several factors. Firstly, the growing population and rising disposable incomes drive overall apparel consumption, contributing to increased sales. Additionally, consumers' evolving fashion preferences towards comfortable and stylish clothing boost demand for apparel made from innovative fibers like Lyocell. Moreover, the increasing adoption of sustainable fashion practices prompts brands to offer Lyocell-based apparel, appealing to environmentally-conscious consumers. Furthermore, the versatility of Lyocell fibers allows for the creation of a wide range of apparel styles, catering to diverse consumer preferences.
Sportswear is the fastest-growing category over the forecast period due to various reasons. The rising health and fitness consciousness among consumers drive demand for high-performance sportswear made from advanced fibers like Lyocell. Additionally, the increasing participation in sports and recreational activities fuels demand for durable and breathable textiles, enhancing the appeal of Lyocell-based sportswear. Moreover, the growing trend of athleisure wear, which seamlessly transitions from gym to daily activities, further boosts sales in this segment. Furthermore, the innovative properties of Lyocell fibers, such as moisture-wicking and odour-resistance, make them ideal for sportswear applications, driving their adoption and sales growth.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Lyocell Fiber market report 2024 Edition by contacting our team.
According to Cognitive Market Research, beddings hold a prominent market share due to several factors. The consumers prioritize comfort and quality in their bedding choices, driving demand for luxurious and soft textiles like Lyocell bedding products. Additionally, the increasing focus on home decor and interior design trends propels the demand for aesthetically pleasing and eco-friendly bedding options. Moreover, the superior moisture-wicking and temperature-regulating properties of Lyocell fibers enhance their appeal for bedding applications, contributing to increased sales in this segment.
Curtains are the fastest-growing category over the forecast period due to various reasons. The rising demand for home renovation and interior decoration projects drives the need for stylish and functional curtain fabrics. Lyocell fibers offer a combination of softness, drape, and durability, making them ideal for curtains that enhance the ambiance of living spaces. Additionally, the eco-friendly nature of Lyocell fibers appeals to environmentally-conscious consumers seeking sustainable home decor options. Furthermore, the versatility of Lyocell allows for the creation of curtains with diverse designs and textures, catering to a wide range of consumer preferences.
According to Cognitive Market Research, footwear hold a prominent market share due to several factors. The growing emphasis on comfort and performance in footwear drives demand for innovative materials like Lyocell, known for its softness and breathability. Additionally, the versatility of Lyocell fibers allows for the creation of durable and stylish footwear options appealing to a wide range of consumers. Moreover, the eco-friendly nature of Lyocell resonates with environmentally-conscious consumers seeking sustainable footwear alternatives, contributing to increased sales in this segment.
Others is the fastest-growing category over the forecast period for various reasons. This segment encompasses diverse applications such as medical use, home textiles, and miscellaneous products, expanding the market reach of Lyocell fibers. Additionally, the versatility of Lyocell fibers allows for their utilization in various innovative products catering to specific consumer needs. Moreover, the growing trend towards sustainability across industries drives the adoption of eco-friendly materials like Lyocell, further boosting sales in this segment.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The rising consumer awareness regarding sustainability drives demand for eco-friendly textile solutions like Lyocell fibers. Additionally, the region's robust retail infrastructure and strong purchasing power support market expansion. Moreover, shifting consumer preferences towards comfortable and breathable clothing contribute to increased adoption of Lyocell fibers. Furthermore, the presence of key players investing in product innovation and marketing initiatives enhances market visibility and drives sales. Lastly, favourable regulatory policies promoting sustainable practices and materials further stimulate market growth in North America.
Asia-Pacific is the fastest-growing region. The growing influence of Western fashion trends and lifestyle changes drive adoption of high-quality, sustainable fibers like Lyocell. Furthermore, the region's robust textile manufacturing sector and expanding retail infrastructure create ample opportunities for market penetration. Moreover, increasing awareness regarding environmental conservation and sustainable practices boosts demand for eco-friendly textiles in Asia-Pacific. Lastly, government initiatives supporting the textile industry's sustainability goals contribute to the region's accelerated growth in Lyocell fiber sales.
The current report Scope analyzes Lyocell Fiber Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global lyocell fiber market size was estimated at USD 1528.2 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 611.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031. Sales of Lyocell fiber in North America are set to increase due to the region's growing emphasis on sustainable fashion and eco-friendly materials. Additionally, the well-established retail infrastructure and high disposable incomes support the adoption of premium textile products like Lyocell. Moreover, the versatility of Lyocell fibers caters to the diverse needs of consumers in various applications, including apparel, home textiles, and medical use. In particular, the apparel segment is expected to drive growth in North America, as consumers prioritize comfort and sustainability in their clothing choices, leading to increased demand for Lyocell-based garments.
Country Analysis
According to Cognitive Market Research, with a market value of USD 1528.2 million in 2024 out of which Europe held the major market of around 30% of the global revenue with a market size of USD 458.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031. The sales of Lyocell fiber in Europe are poised to increase due to several factors. Firstly, stringent environmental regulations and increasing consumer awareness drive demand for sustainable textile solutions like Lyocell. Additionally, the region's strong tradition of high-quality textile manufacturing supports the adoption of innovative fibers like Lyocell. Moreover, the versatility of Lyocell fibers makes them suitable for a wide range of applications, including apparel, home textiles, and medical use. In particular, the home textiles segment is expected to drive growth in Europe, as consumers prioritize comfort and sustainability in their living spaces, leading to increased demand for Lyocell-based bedding and curtains.
According to Cognitive Market Research, the global lyocell fiber market size was estimated at USD 1528.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 351.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031. Sales of Lyocell fiber in the Asia Pacific region are set to soar due to several factors. Firstly, the region's rapidly growing population and rising disposable incomes drive demand for textiles across various applications. Additionally, the increasing influence of Western fashion trends and lifestyle changes prompts consumers to seek high-quality, sustainable fibers like Lyocell. Moreover, the region's thriving textile manufacturing industry and expanding retail infrastructure create significant opportunities for market growth. In particular, the apparel segment is expected to drive growth in Asia Pacific, as consumers prioritize comfortable and eco-friendly clothing options, leading to increased demand for Lyocell-based apparel.
According to Cognitive Market Research, the global lyocell fiber market size was estimated at USD 1528.2 Million out of which Latin America market of around 5% of the global revenue with a market size of USD 76.41 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031. The sales of Lyocell fiber in Latin America are projected to increase due to several factors. Firstly, the region's growing middle class and urbanization drive demand for textiles and apparel. Additionally, the increasing awareness of environmental issues and sustainability prompts consumers to seek eco-friendly textile solutions like Lyocell. Moreover, the region's rich textile heritage and cultural diversity create opportunities for market growth. In particular, the sportswear segment is expected to drive growth in Latin America, as consumers prioritize performance and comfort in their athletic wear, leading to increased demand for Lyocell-based sportswear.
According to Cognitive Market Research, the global lyocell fiber market size was estimated at USD 1528.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 30.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031. Sales of Lyocell fiber in the MEA region are poised to grow due to several factors. Firstly, the region's growing population and urbanization drive demand for textiles across various applications. Additionally, increasing awareness of environmental sustainability and shifting consumer preferences towards eco-friendly products propel the adoption of Lyocell fibers. Moreover, the region's expanding textile industry and infrastructure create opportunities for market growth. In particular, the home textiles segment is expected to drive growth in MEA, as consumers seek comfortable and sustainable bedding and curtains, leading to increased demand for Lyocell-based home textiles.
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Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Fibre Type | Staple, Filaments, Others |
Application | Apparel, Sportswear, Denim, Others |
Home Textiles | Curtains, Carpets & Upholstery, Beddings, Towels, Others |
Medical Use | Footwear, Others |
List of Competitors | Acegreen Eco-Material Co LTD, Acelon Chemicals & Fiber Corp, Baoding Swan Chemical Fiber Groups Co LTD, China Populus Textile LTD, Chonbang Co LTD, Grasim Industrial LTD |
This chapter will help you gain GLOBAL Market Analysis of Lyocell Fiber. Further deep in this chapter, you will be able to review Global Lyocell Fiber Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Lyocell Fiber Market Trends North America Lyocell Fiber Technological Road Map North America Lyocell Fiber Market Drivers North America Lyocell Fiber Market Restraints North America Lyocell Fiber Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Fibre Type Analysis 2019 -2031, will provide market size split by Fibre Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Fibre Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Home Textiles Analysis 2019 -2031
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Chapter 13 Market Split by Medical Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lyocell Fiber market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Staple have a significant impact on Lyocell Fiber market? |
What are the key factors affecting the Staple and Filaments of Lyocell Fiber Market? |
What is the CAGR/Growth Rate of Apparel during the forecast period? |
By type, which segment accounted for largest share of the global Lyocell Fiber Market? |
Which region is expected to dominate the global Lyocell Fiber Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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