According to Cognitive Market Research, the global Cellulose Fiber market size is USD 4.3 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
Cellulose fiber is a natural fiber derived from plant-based sources such as wood pulp, cotton, jute, and others. It is widely used in the textile, filtration, hygiene, and construction industries due to its biodegradability, high strength, and versatility. The global cellulose fiber market is expected to witness significant growth, driven by the increasing demand for sustainable and eco-friendly materials, particularly in the textile and apparel industry. The rise in per capita income and consumer spending, along with the growing environmental consciousness, is driving the demand for cellulose fiber.
The global Cellulose Fiber market will expand significantly by 10.00% CAGR between 2023 and 2030.
The Application III category held the highest Cellulose Fiber market revenue share in 2023.
