Sustainable Fabric Industry Overview:
The global sustainable fabric market has been segmented by product type, application, and region.
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.
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.
Sustainable Fabric Industry Competitive Analysis
Some of the key players operating in the global Sustainable Fabric Industry 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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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.
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