According to Cognitive Market Research, The Global Flax Fiber market size is USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030.
Numerous reasons, such as the growing consumption of flax fiber due to its health benefits and use in industrial applications, which is likely to increase global output, are expected to drive the flax fiber industry.
Demand for long (bast) fibers remains higher in the flax fiber market.
The bedding sector held the highest flax fiber market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific flax fiber market will experience the fastest growth until 2030.
