Viscose Staple Fiber Market 8.6 CAGR Growth Outlook 2024-2030

Key Insights

The Viscose Staple Fiber Market size was valued at USD 16.96 USD Billion in 2023 and is projected to reach USD 30.22 USD Billion by 2032, exhibiting a CAGR of 8.6 % during the forecast period. Viscose staple fibre that is derived from cellulose sources is now one of the most popular fibre options among users for its high absorbency, softness, and eco-friendliness. As a major element used in textiles, it is processed through the advanced technology of the viscose method. The eco-friendliness of this material is due to its biodegradability and renewable sourcing.  Such attributes make it sustainable. Due to its ability to be adapted for multiple manufacturing processes, it not only improves the performance and user experience of products, but it also helps to produce quality products. This development has become truly worthy of being hailed as an exemplary result of research endeavours by nature of its versatility, and ability to function in numerous realms of application, such as apparel, home textiles and non-woven fabrics.

Viscose Staple Fiber Trends

• Increasing use of viscose in the production of woven and non-woven fabrics due to its soft and breathable properties.
• Growing adoption of viscose in healthcare applications, such as surgical gowns, bandages, and hygiene products.
• Rising demand for biodegradable materials in the automotive industry, leading to the use of viscose in seat covers and interior components.

Driving Forces: What's Propelling the Viscose Staple Fiber Market

• Growing demand for sustainable and eco-conscious fashion and textiles
• Rising environmental concerns and regulations promoting biodegradable materials
• Expanding textile and garment industries, particularly in emerging economies
• Increasing availability and affordability of viscose staple fibers
• Innovation in viscose production technologies, enhancing fiber quality and performance

Challenges and Restraints in the Viscose Staple Fiber Market

• Fluctuating prices of raw materials, such as wood pulp and cotton.
• Environmental concerns related to the production process of viscose.
• Competition from alternative fibres, such as polyester and nylon.

Emerging Trends in Viscose Staple Fiber

• Development of high-performance viscose fibres with improved strength and durability.
• Innovations in the production process to reduce environmental impact.
• Collaboration between fibre manufacturers and textile producers to create innovative and sustainable products.

Growth Catalysts in the Viscose Staple Fiber Industry

• Government regulations promoting the use of biodegradable materials.
• Rising consumer demand for eco-friendly and sustainable fashion.
• Advancements in fibre technology leading to the production of high-quality and versatile viscose fibres.

Market Segmentation: Viscose Staple Fiber Analysis

Type:

• High Wet Modulus Fiber
• Strong Fiber
• Modified Fiber
• Others

Application:

• Woven
• Non-Woven
• Specialty

End-Use Industry:

• Textile Apparels
• Healthcare
• Automotive
• Others

Leading Players in the Viscose Staple Fiber Market

• Grasim Industries Limited (India)
• LENZING Group (Austria)
• Tangshan Sanyou Group Xingda Chemical Fiber Co. Ltd (China)
• Sateri Holdings Limited (China)
• Kelheim Fibers GmbH (Germany) 
• Xinjiang Zhongtai Chemical Co., Ltd. (China)
• Kayavlon Impex Pvt. Ltd. (India)

Significant Developments in the Viscose Staple Fiber Sector

May 2023: Kelheim Fibres GmbH and Santoni Spa partnered to develop menstrual underwear using viscose fibre. 

November 2022: LENZING Group achieved 300,000 tons of LENZING ECOVERO fibre production, aiming to double capacity by 2023. 

March 2022: Birla Cellulose and Renewcell signed a letter of intent for a collaboration involving high-quality textile fibres made from recycled material.

Comprehensive Coverage Viscose Staple Fiber Market Report

This comprehensive report offers an in-depth analysis of the viscose staple fiber market, encompassing:

• Market size and growth projections with historical data and future forecasts
• Segmentation analysis based on fiber type, application, end-use industry, and region
• Detailed insights into competitive dynamics, market share, and key players
• Identification of key industry trends, growth drivers, challenges, and restraints
• Profiles of leading market players, including their financial performance, product portfolio, and market strategies

Regional Insight

• Asia-Pacific dominates the global viscose staple fiber market, driven by strong demand from textile and garment industries
• Europe and North America are established markets with mature demand, but still exhibit potential for growth in niche applications
• Latin America and the Middle East & Africa present emerging markets with untapped opportunities for viscose staple fiber consumption

Consumer Side Analysis

• Consumer preference for sustainable and eco-friendly materials.
• Demand for high-quality and versatile fabrics.
• Growing awareness about the benefits of viscose fibres.

Demand Side Analysis

• Increasing demand from the textile and apparel industry.
• Rising consumption in healthcare and automotive sectors.
• Growth in speciality applications, such as filtration and medical devices.

Import And Export Analysis

• China is the largest producer and exporter of viscose staple fibre.
• India and other emerging countries are major importers of viscose fibres.
• Trade policies and regulations influence import and export activities.

Pricing Strategies

• Viscose fibre prices are influenced by supply and demand dynamics.
• Type, quality, and end-use application affect pricing.
• Leading manufacturers adopt competitive pricing strategies.

Segmentation

The report segments the viscose staple fibre market based on type, application, end-use industry, region, and leading players. Each segment is analyzed in detail to provide insights into market dynamics and growth potential.