Sustainable Fabrics Market Overview:
The global sustainable fabric market has been segmented by product type, application, and region. Sustainable Fabrics Market Size to Expand at a Notable CAGR of 11.4% During 2018 – 2023.
Based on product type, the global sustainable fabric market has been segmented into natural, organic, regenerated, and recycled. Among them, the regenerated fabric segment held the largest market share in 2018 due to their similar performance characteristics to synthetic fabrics. Automotive furnishing and clothing applications are driving the growth of this segment. However, the organic fabric segment is expected to grow at a fastest CAGR during the forecast period.
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Based on application, the global sustainable fabric market has been segmented into clothing, furnishing, medical, and others. The clothing application segment is dominating the global sustainable fabric market in 2018 due to its large-scale consumption and large size of the global textile and garment industry. Additionally, the increasing number of retail outlets in developing countries including China and India by apparel manufacturers Tommy, Levis, and Peter England is another factor contributing significantly to industry growth.
The textile industry has a very negative impact on environment. In pursuit of profits, manufacturers are producing larger volumes of textiles at a very fast pace. Polyester fabrics, which is currently dominating the textile industry, found in 60% of clothing due to its superior stretchiness, durability, and comfort. However, this fabric has its origin from crude oil, which means every wash of polyester fabric releases plastic microfibers into waterways, and these persist indefinitely, contaminating lakes & oceans, getting ingested by animals, and indirectly by humans.
The landfills are also bursting with textiles waste, which is further creating havoc to the environment. Thus, to reduce an environmental impact of fabrics, sustainable fabrics are given consideration by researchers, textiles manufacturers, and also end-users. The global sustainable fabric market was valued at USD 58.3 billion in 2018 and is expected to grow at a CAGR of 11.4% during the forecast period.
Sustainable fabrics include organic fabrics, regenerated fabrics, and recycled fabrics. Organics fabrics are produced from non-genetically modified plants and are grown in controlled settings of soil and water with no pesticides, herbicides, or other chemicals. Organic cotton is the most commonly used organic fabric in the world. Regenerated fabrics are made by dissolving cellulose from tree wood in chemicals and forming fiber using viscose method. Cotton, hemp, are mostly used as a source of cellulose. Different types of regenerated fabrics (also known as rayon or viscous rayon) include lyocell, linen, modal, alginate, and crabyon.
Recycled fabrics are manufactured using 100% post-consumer recycled (PCR) materials or synthetic fabrics such as polyethylene, polyester, or polypropylene. They are recycled and converted into eco fibers and then fabrics, which are specifically designed for outdoor furnishing, roof vents, industrial scrub pads, and outdoor & sports apparel.
Rising awareness regarding sustainable fabric production amongst fabric manufacturers is primarily driving the global sustainable fabrics market. Growing demand for organic cotton based clothing’s and rayon clothing’s is expected to boost the demand for sustainable fabrics during the forecast period. Growing furnishing industry is also contributing to the product market growth.
Additionally, favorable regulations for manufacturing bio-based products coupled with stringent environmental regulations on synthetic polymers are attributing largely to the sustainable fibers market positively. Furthermore, rapidly expanding textiles industry in emerging economies such as India and China is projected provide lucrative opportunities to the players working in the global sustainable fabrics market.
The global textile market players are shifting focus towards sustainability these days. For instance, several global fashion brands such as Eileen Fisher, Eileen Fisher, Everlane’s, Patagonia, Stella McCartney are launching sustainable fabrics in the market.
However, the high cost of sustainable fabrics over conventional fabrics is the matter of concern, and is challenging the growth of the market.
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The global sustainable fabric market has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific held the largest market share in 2018 and is expected to grow at a fastest CAGR during the forecast period. North America accounted for the second largest market share in 2018, which is further trailed by Europe. The Latin America markets are expected to show increasing growth during the forecast period. However, Middle East & Africa held the least market share of the global market in 2018.
Some of the key players operating in the global sustainable fabric market are Fabindia Overseas Pvt. Ltd. (India), Lenzing AG (Austria), Grasim (India), Teijin Limited (Japan), Wellman Advanced Materials (US), US Fibers (US), David C. Poole Company, Inc (US), Foss Performance Materials (US), Polyfibre Industries (India), Shanghai Tenbro Bamboo Textile Co. Ltd (China), Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd (China), Pilipinas Ecofiber Corp. (Philippines), China Bambro Textile Co. Ltd (China), Textil Santanderina, SA (Spain), Pure Waste Textiles Ltd (Finland), and Vivify Textiles (Switzerland).
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