Rayon Fibers Market Research Report By Fiber Type (Viscose Rayon, Modal Rayon, Lyocell Rayon, Cuprammonium Rayon), By End-Use Industry (Textiles, Apparel, Home Furnishings, Nonwovens, Automotive), By Application (Clothing, Upholstery, Drapery, Interlinings, Medical Textiles), By Grade (Regular Rayon, High Tenacity Rayon, Super High Tenacity Rayon), By Yarn Type (Spun Yarn, Filament Yarn, Staple Yarn) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Global Rayon Fibers Market Overview

The Rayon Fibers Market Size was estimated at 19.38 (USD Billion) in 2022. The Rayon Fibers Industry is expected to grow from 19.99(USD Billion) in 2023 to 26.43 (USD Billion) by 2032. The Rayon Fibers Market CAGR (growth rate) is expected to be around 3.15% during the forecast period (2023 - 2032).

Key Rayon Fibers Market Trends Highlighted

The rayon fibers market is projected to witness significant growth in the coming years, driven by rising demand from various end-use industries, including textiles, apparel, and nonwovens. Increasing consumer awareness of sustainable materials and the growing adoption of eco-friendly products are driving the market for rayon fibers, as they are biodegradable and derived from renewable resources. Additionally, the growing popularity of blended fabrics and the increasing demand for high-quality and durable materials are contributing to the market growth.Key market opportunities include the expansion of the nonwoven industry, particularly in the hygiene and medical sectors. The rising demand for wipes, disposable garments, and surgical gowns is expected to fuel market growth. Moreover, advancements in technology and innovation, such as the development of new production techniques and environmentally friendly processes, are creating new opportunities for market expansion.Recent trends in the rayon fibers market include the increasing use of rayon in technical textiles due to its properties, such as flame resistance and moisture absorption. The growing demand for rayon in the automotive and aerospace industries for applications such as seat covers and insulation materials is driving market growth. Additionally, the increasing adoption of rayon in home textiles, such as bedsheets and curtains, is contributing to the market expansion.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Rayon Fibers Market Drivers

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  Increasing Demand for Sustainable Textiles

  
  

Rayon fibers are created from natural cellulose, which provides more sustainability compared to synthetic fibers. With a rise in environmental awareness, the development of the  Rayon Fibers Market Industry is witnessed. Rayon material is biodegradable and has a minimalistic impact on the environment in comparison to synthetic fibers, which is an important factor for consumers and manufacturers alike. Yet another reason that increases the demand for rayon fibers is the growing popularity of eco-friendly fashion.

Rising Disposable Income in Developing Countries

Wise purchase possibilities in developing countries are one of the leading drivers to fuel the growth of the  Rayon Fibers Market Industry. The use of rayon fibers is increasing owing to a rise in the disposable income of the people in developing countries. People who have more income, spend more on clothing which will be more affordable. Rayon fibers are mostly used for clothing purposes, which include dresses, shirts, blouses, and skirts. It is also used in the home fashion segment, which includes curtains, upholstery, writing, etc.; the increase in demand for rayon fibers in developing regions will continue for the next few years as more people are moving to the middle class.

Technological Advancements

Besides those factors, this industry's growth has also been affected by technological advancement. New technologies have been made in order to produce a great and better quality of rayon fibers. A new type of spinning technology has been introduced to form finer and stronger rayon fibers. Through these beneficial new technologies, rayon fibers become more competitive with synthetic fibers.

Rayon Fibers Market Segment Insights

Rayon Fibers Market Fiber Type Insights 

The  Rayon Fibers Market is segmented by Fiber Type – including Viscose Rayon, Modal Rayon, Lyocell Rayon, and Cuprammonium Rayon. The Viscose Rayon segment captured the largest market share of around 85% in 2023 and is expected to continue dominating over the foreseeable period. The growth of this segment can be attributed to the product’s versatility, cost-effectiveness, and massive applications in the textile industry. The Modal Rayon segment is an important market segment and is likely to be the fastest-growing over the forecast period because of its unbeatable properties, such as softness, drape, insane moisture absorption, and color brilliance.The Lyocell Rayon segment is another fiber type that has started to gain some traction recently among consumers due to its eco-friendly production process and high strength. The other market segment includes Cuprammonium Rayon, which is a high-end market segment with premium prices that enjoys a buttery-soft handle on many luxury applications. The  Rayon Fibers Market is expected to grow steadily over the next years, with the textile industry’s rising demand fuelling the market. Another fundamental factor that is likely to propel this market is the growing importance of green products and increased consumer expenditure in line with that.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Rayon Fibers Market End-Use Industry Insights 

The end-use industry segment shapes the dynamics of the  Rayon Fibers Market. Textiles occupy a large proportion of the end-use industry segment as a growing number of factories producing apparel, home furnishings, and nonwovens capture the qualities of rayon fibers. The apparel industry, in particular, tends to prefer rayon fibers to produce dresses, blouses, and shirts through their soft and comfortable properties. The home furnishings segment employs rayon fibers to produce intricate designs such as curtains, draperies, upholstery, bedspreads, and pillows.Nonwovens, being another end-use industry segment that requires higher absorbency and softness, utilize rayon fibers to produce hygiene products such as wipes and diapers. The automotive industry is seeing significant applications of rayon fibers internally due to their inherent flame retardancy and sound absorption qualities.

Rayon Fibers Market Application Insights 

The application segment is a crucial aspect of the Rayon Fibers Market segmentation. In 2023, the clothing segment held the largest market share of around 45%, driven by the high demand for rayon fibers in the production of apparel, including dresses, blouses, shirts, and pants. Rayon's soft, breathable, and moisture-wicking properties make it an ideal choice for garments worn close to the skin. The upholstery segment is projected to witness significant growth over the forecast period, owing to the increasing demand for comfortable and stylish furniture.Rayon fibers are used in upholstery fabrics due to their durability, colorfastness, and resistance to fading. In 2023, this segment accounted for approximately 28% of the Rayon Fibers Market revenue. The drapery segment is another important application, with a market share of around 15% in 2023. Rayon fibers are preferred for curtains and drapes due to their elegant appearance, ability to create flowing and luxurious fabrics, and resistance to wrinkling. Other applications of rayon fibers include interlinings, which provide shape and support to garments, and medical textiles, where rayon is used in bandages, surgical gowns, and other medical products due to its absorbency, softness, and hypoallergenic properties.

Rayon Fibers Market Grade Insights 

The Grade segment of the  Rayon Fibers Market is categorized into Regular Rayon, High Tenacity Rayon, and Super High Tenacity Rayon. Regular Rayon, with a market value of USD 8.26 billion in 2023, holds the largest market share due to its wide applications in apparel, home textiles, and industrial products. High Tenacity Rayon, valued at USD 6.45 billion in 2023, exhibits promising growth potential owing to its superior strength and durability, making it suitable for technical applications such as tire cords and conveyor belts. Super High Tenacity Rayon, despite its smaller market share of USD 2.34 billion in 2023, is gaining traction due to its exceptional strength and modulus, catering to niche applications in the aerospace and automotive industries.The increasing demand for sustainable and eco-friendly materials further drives the growth of the Rayon Fibers Market.

Rayon Fibers Market Yarn Type Insights 

The  rayon fibers market is segmented by yarn type into spun yarn, filament yarn, and staple yarn. Spun yarn is the most common type of rayon yarn, accounting for over 50% of the  market in 2023. Filament yarn is a continuous strand of rayon fiber, while staple yarn is a shortcut fiber. Filament yarn is used in high-performance applications, such as automotive interiors and medical textiles, while staple yarn is used in a wide range of applications, including apparel, home furnishings, and industrial products. The spun yarn segment is expected to grow at a CAGR of 3.2% from 2023 to 2032, reaching a value of USD 11.2 billion by 2032.The filament yarn segment is expected to grow at a CAGR of 3.4% from 2023 to 2032, reaching a value of USD 8.7 billion by 2032. The staple yarn segment is expected to grow at a CAGR of 2.9% from 2023 to 2032, reaching a value of USD 6.5 billion by 2032.

Rayon Fibers Market Regional Insights 

The  Rayon Fibers Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to hold the largest market share in the coming years. This is primarily due to the increasing demand for rayon fibers from the textile industry in countries such as China and India. The textile industry in these countries is growing rapidly, driven by factors such as rising population, increasing disposable income, and changing fashion trends. North America and Europe are also expected to witness significant growth in the rayon fibers market.The growing demand for sustainable and eco-friendly textiles in these regions is expected to drive the market growth. South America and MEA are expected to experience moderate growth in the coming years. The market in these regions is expected to be driven by the increasing demand for rayon fibers from the automotive and medical industries. Overall, the  Rayon Fibers Market is expected to witness steady growth in the coming years. The increasing demand for rayon fibers from various end-use industries, coupled with the growing awareness of sustainability, is expected to drive market growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Rayon Fibers Market Key Players And Competitive Insights

The Rayon Fibers Market industry’s leading major players are focusing on increasing their production capacities and developing innovative Rayon Fibers Market products. Furthermore, rayon manufacturer industry key players are investing in research and development activities to develop new Rayon Fibers Market products with enhanced quality and performance. The Rayon Fibers Market development is primarily driven by the growing demand for the Rayon Fibers Market from various end-use industries. The Rayon Fibers Market competitive landscape is highly organic in nature, owing to the presence of numerous  companies. The Central qualities that are likely to shape the future plans of the Rayon Fibers Market industry’s leading major players include producing high-quality Rayon Fibers Market and focusing on the end-use industry that has a larger demand for Rayon Fibers Market.The key players in the market are Sateri, Grasim Industries Limited, Indo-Rama, MULIAGROUP, and Kelvin Fabrics. Sateri is a major  producer of refined products made from highly versatile fibers that are inherent renewables and biodegradable. The company has its production bases in China, Brazil, and Indonesia. The company is the largest producer of viscose-grade cellulose in the world. The company has received multiple awards, such as the Sustainable Apparel Coalition and the 2019 Cellulosic Brand Award. Indorama Ventures is also one of the major players in the market. The company sells a wide range of products in the market. The company has one of the largest fibers and yarn plantation operations.

Key Companies in the Rayon Fibers Market Include

• Grasim Industries Limited


• Suzano Papel e Celulosa


• Indo Rayon Utama Tbk


• Domtar Corporation


• GeorgiaPacific Chemicals LLC


• China National Bluestar


• Lenzing AG


• Sateri Holdings Berhad


• Aditya Birla Group


• Birla Cellulose Limited


• West Fraser Mills Ltd


• Harima Chemicals Group


• Reliance Industries

Rayon Fibers Market Industry Developments

The Rayon Fibers Market is projected to reach USD 26.43 billion by 2032, exhibiting a CAGR of 3.15% during the forecast period (2024-2032). The increasing demand for rayon fibers in the textile industry, particularly in the production of clothing, home textiles, and nonwovens, is driving market growth. Rayon fibers offer several advantages, such as softness, breathability, and moisture absorbency, making them suitable for a wide range of applications.Recent developments in the Rayon Fibers Market include the growing adoption of sustainable production practices by manufacturers. Several companies are investing in eco-friendly technologies to reduce the environmental impact of rayon production. Additionally, the increasing popularity of e-commerce platforms is creating new opportunities for market players to reach a wider customer base. For instance, in 2023, Lenzing AG, a leading producer of rayon fibers, launched a new online platform to showcase its sustainable products and connect with customers worldwide.

Rayon Fibers Market Segmentation Insights

Rayon Fibers Market Fiber Type Outlook

• Viscose Rayon


• Modal Rayon


• Lyocell Rayon


• Cuprammonium Rayon 

Rayon Fibers Market End-Use Industry Outlook

• Textiles


• Apparel


• Home Furnishings


• Nonwovens


• Automotive

Rayon Fibers Market Application Outlook

• Clothing


• Upholstery


• Drapery


• Interlinings


• Medical Textiles 

Rayon Fibers Market Grade Outlook

• Regular Rayon


• High Tenacity Rayon


• Super High Tenacity Rayon

Rayon Fibers Market Yarn Type Outlook

• Spun Yarn


• Filament Yarn


• Staple Yarn

Rayon Fibers Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa