The Viscose Staple Fiber Market Size was estimated at 7.97 (USD Billion) in 2022.The Viscose Staple Fiber Market Industry is expected to grow from 8.36(USD Billion) in 2023 to 12.9 (USD Billion) by 2032. The Viscose Staple Fiber Market CAGR (growth rate) is expected to be around 4.93% during the forecast period (2024 - 2032).
Key Viscose Staple Fiber Market Trends Highlighted
The viscose staple fiber market is witnessing a growing demand due to rising consumer preference for sustainable and eco-friendly materials. The increasing awareness of the environmental impact of synthetic fibers is driving the adoption of viscose, a natural and biodegradable alternative. Moreover, the growing demand for textiles, particularly in the fashion and home décor industries, is fueling the market growth.Key market drivers include the expanding population, rising disposable income, and changing consumer lifestyles. The increasing popularity of athleisure, loungewear, and eco-conscious fashion is creating opportunities for viscose staple fiber manufacturers. Additionally, the growing demand for sustainable packaging and hygiene products is expected to propel market growth in the coming years.Recent trends in the market include the development of high-performance viscose fibers with improved strength, moisture absorption, and wrinkle resistance. The advancements in fiber technology are enabling manufacturers to produce viscose fibers that meet the specific requirements of different end-use applications. Furthermore, the increasing adoption of sustainable production practices, such as closed-loop manufacturing and reduced carbon footprint, is shaping the market landscape.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Viscose Staple Fiber Market Drivers
Increasing Demand from the Textile Industry
Viscose staple fiber (VSF) is a versatile and sustainable material that is increasingly used in the textile industry. It is made from wood pulp, which is a renewable resource and can be blended with other fibers such as cotton, polyester, and nylon to create a wide range of fabrics. VSF is known for its softness, drape, and breathability, making it ideal for use in clothing, home textiles, and other applications. The growing demand for sustainable and eco-friendly fashion is driving the growth of the VSF market.According to a report by MarketWatch, the VSF market is expected to reach USD 12.9 billion by 2032, growing at a CAGR of 4.93% from 2024 to 2032. The increasing demand from the textile industry is one of the major factors driving the growth of the VSF market. VSF is a versatile fiber that can be used in a wide range of applications, including apparel, home textiles, and industrial fabrics. It is a sustainable and cost-effective alternative to other fibers, such as cotton and polyester.The growing demand for VSF from the textile industry is expected to continue in the coming years as consumers become more aware of the environmental benefits of using sustainable materials.
Rising Disposable Income in Emerging Economies
Another major driver of the growth of the VSF market is the increasing disposable income in emerging economies. As people in these countries achieve higher incomes, they become eager to spend more on clothing and other textile products. Growing consumption automatically increases the demand for VSF as an inexpensive and convenient fiber solution. Furthermore, the expansion of the middle classes in emerging economies can also drive the growth of the VSF market.As these consumer groups become wealthier, their demand for stylish and high-quality clothing and home textiles increases. Given that VSF is both relatively affordable and sustainable, it is a convenient option for these consumers to purchase a wide array of products.
Government Support for Sustainable Industries
Government support for sustainable industries is another factor driving the growth of the VSF market. Governments all over the world have realized the importance of sustainability, and they are enacting policies to support businesses that are employing sustainable practices. This support has enabled a favorable environment for the VSF industry, as it is a sustainable and eco-friendly fiber. The increase in awareness of the environmental advantages of VSF is also a major driving force for the growth of the market.Over the years, consumers are becoming more aware of their impact on the environment and are becoming more concerned about the environment. They are increasingly opting to buy products made from sustainable materials. In the coming years, this trend will persist as consumers increasingly become aware of the environmental advantages of VSF.
Viscose Staple Fiber Market Segment Insights
Viscose Staple Fiber Market Application Insights
The Viscose Staple Fiber Market is segmented by application into Textile, Non-woven, Medical, and others. In 2023, the Textile segment held the market share in the Viscose Staple Fiber Market and is expected to continue its dominance. The growth of the textile segment can be attributed to the increasing demand for soft and sustainable fabrics in the fashion and apparel industry. Viscose staple fibers are used in the manufacturing of clothing, home textiles, and other textile products as they provide a very soft texture and have moisture-wicking qualities.However, the Non-woven segment is expected to grow with the highest CAGR over the forecast period. Non-woven fabrics are manufactured using Viscose staple fibers, and the demand for non-woven fabrics is increasing in the medical, healthcare, and hygiene sectors. The Viscose Staple Fiber Market application is also segmented into the medical industry. The Viscose staple fiber is used in the manufacturing of surgical dressings, wound care products, and other medical textiles. The tissue and wound care segment is one of the key applications of the Viscose Staple Fiber Market as healthcare professionals and consumers are increasingly demanding advanced wound care products due to the rise in chronic wounds.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Viscose Staple Fiber Market Fiber Type Insights
The Viscose Staple Fiber Market is divided by fiber type into low tenacity and high tenacity. The low-tenacity segment captured a larger share of the market in 2023, and it is expected to continue to lead the market through the forecast period. The usage of low tenacity viscose staple fiber is in a broad array of such applications as clothing, home textiles, and nonwovens. Over the forecast period, the high-tenacity segment is expected to grow at a higher rate due to the higher demand for fiber from the automotive and industrial sectors.The production of high tenacity viscose staple fiber is stronger and more durable than low tenacity fiber. As a result, it is better suited for applications that rely on strength and durability. The Viscose Staple Fiber Market is expected to have achieved a market value of USD 12.9 billion by the year 2032.
Viscose Staple Fiber Market End-Use Insights
The Viscose Staple Fiber Market segmentation by end-use comprises apparel, home furnishings, and industrial applications. Apparel held the dominant share in 2023 and is projected to witness steady growth over the forecast period. Growing demand for sustainable and comfortable clothing, particularly in emerging economies, is driving the segment's expansion. Home furnishings is another significant end-use segment, benefiting from the rising popularity of eco-friendly home décor and increased spending on home improvement projects. Industrial applications include nonwovens, automotive, and filtration, which are expected to contribute to the overall market growth.
Viscose Staple Fiber Market Manufacturing Process Insights
The Viscose Staple Fiber Market segmentation by Manufacturing Process includes the Viscose Process and the Lyocell Process. The Viscose Process holds the largest share of the market, accounting for approximately 90% of the production. This is due to its lower production cost and established technology. However, the Lyocell Process is gaining popularity due to its environmental friendliness and superior fiber properties. It is expected to grow at a CAGR of 5.5% during the forecast period (2023-2032). The Viscose Staple Fiber Market revenue for the Lyocell Process is projected to reach USD 2.3 billion by 2032, owing to the growing demand for sustainable and high-performance fibers in various end-use industries.
Viscose Staple Fiber Market Regional Insights
The Viscose Staple Fiber Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to dominate the market with a significant share in 2023, owing to the increasing demand from the textile industry in countries such as China and India. Europe is projected to hold the second-largest market share due to the presence of major viscose staple fiber producers in the region. North America is anticipated to witness steady growth, driven by the demand from the automotive and construction industries.South America and MEA are expected to experience moderate growth in the coming years. The Viscose Staple Fiber Market is expected to grow at a CAGR of 4.93% from 2023 to 2032, reaching a valuation of USD 12.9 billion by 2032.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Viscose Staple Fiber Market Key Players And Competitive Insights
Major players in the Viscose Staple Fiber Market industry are focusing on expanding their production capacities and geographical presence to meet the growing demand for viscose staple fiber. Leading Viscose Staple Fiber Market players are also investing in research and development to improve the quality and performance of their products. The Viscose Staple Fiber Market is expected to witness significant growth in the coming years, driven by the increasing demand from the textile industry. The competitive landscape of the Viscose Staple Fiber Market is expected to remain fragmented, with a number of small and medium-sized players operating in the market. However, the leading players are expected to continue to dominate the market, owing to their strong brand presence and distribution networks.Among the leading players in the Viscose Staple Fiber Market, Lenzing AG is a leader in the production and marketing of viscose staple fiber. The company has a strong presence in Europe, North America, and Asia and operates a number of production facilities around the world. Lenzing AG is committed to sustainability and innovation and is investing heavily in research and development to improve the quality and performance of its products. The company is also expanding its production capacity to meet the growing demand for viscose staple fiber.Another leading player in the Viscose Staple Fiber Market is Sateri Group. The company is headquartered in China and has a strong presence in Asia. Sateri Group is committed to providing high-quality viscose staple fiber to its customers and is investing heavily in research and development to improve the quality and performance of its products. The company is also expanding its production capacity to meet the growing demand for viscose staple fiber.
Key Companies in the Viscose Staple Fiber Market Include
Liaoyuan Hengtai Fiber
Dangjin Semiconductor Materials
Sappi
Sateri
Domsjo Fabriker
Indorama Corporation
China Viscose Fibers
Shandong Xinchao Chemical Fiber
Fulida Textile Group
Viscose Fibers Thailand
Lenzing
Lotte Chemical
Birla Cellulose
Kelheim Fibres
Shengze Yisheng Chemical Fiber
Viscose Staple Fiber Market Industry Developments
The viscose staple fiber market is projected to reach USD 12.9 billion by 2032, exhibiting a CAGR of 4.93% during the forecast period. Rising demand from the textile industry, particularly in emerging economies, is driving market growth. Viscose staple fiber is a versatile material used in various applications, including apparel, home textiles, and nonwovens. Its soft texture, breathability, and moisture-wicking properties make it an attractive choice for manufacturers.Recent developments in the market include the increasing adoption of sustainable practices. Several manufacturers are investing in eco-friendly production processes to reduce their environmental impact. Additionally, advancements in fiber technology are leading to the development of new and improved viscose staple fibers with enhanced properties. These developments are expected to further drive market growth in the coming years.
Viscose Staple Fiber Market Segmentation Insights
Viscose Staple Fiber Market Application Outlook
Textile
Non-woven
Medical
Viscose Staple Fiber Market Fiber Type Outlook
Low Tenacity
High Tenacity
Viscose Staple Fiber Market End Use Outlook
Apparel
Home Furnishings
Industrial
Viscose Staple Fiber Market Manufacturing Process Outlook
Viscose Process
Lyocell Process
Viscose Staple Fiber Market Regional Outlook
North America
Europe
South America
Asia Pacific
Middle East and Africa
| Report Attribute/Metric | Details |
| Market Size 2022 | 7.97(USD Billion) |
| Market Size 2023 | 8.36(USD Billion) |
| Market Size 2032 | 12.9(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 4.93% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Liaoyuan Hengtai Fiber, Dangjin Semiconductor Materials, Sappi, Sateri, Domsjo Fabriker, Indorama Corporation, China Viscose Fibers, Shandong Xinchao Chemical Fiber, Fulida Textile Group, Viscose Fibers Thailand, Lenzing, Lotte Chemical, Birla Cellulose, Kelheim Fibres, Shengze Yisheng Chemical Fiber |
| Segments Covered | Application, Fiber Type, End Use, Manufacturing Process, Regional |
| Key Market Opportunities | Expanding demand for textiles, growth in nonwoven applications, increasing use in home furnishing, surging demand from emerging markets, technological advancements |
| Key Market Dynamics | Rising demand for sustainable textiles Growing automotive industry Expanding nonwoven applications Technological advancements Fluctuating raw material prices |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Viscose Staple Fiber Market was valued at approximately USD 8.36 billion in 2023 and is expected to grow to around USD 12.9 billion by 2032, expanding at a CAGR of roughly 4.93% between 2024 and 2032.
The Asia Pacific region is projected to remain the dominant market for viscose staple fiber due to the presence of a large textile industry and increasing demand from end-use industries such as apparel, home textiles, and nonwovens.
Key factors propelling market growth include rising demand for sustainable and eco-friendly fibers, increasing disposable income, and growing population in emerging economies.
Viscose staple fiber finds extensive use in the production of textiles, including apparel, home furnishings, and industrial fabrics. It is also utilized in nonwoven applications such as wipes, filters, and medical supplies.
Major players in the market include Sateri, Lenzing AG, Aditya Birla Group, Kelheim Fibres, and Enka Viscose. These companies account for a significant share of the production and distribution of viscose staple fiber.
Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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