Viscose Staple Fiber Market Is Expected to Grow at A Stable CAGR During the Forecast Period (2023-2030)

Viscose Staple Fiber Market Overview:

The global viscose staple fiber market is estimated to be worth around USD 12,830.00 million in 2022, with a projected CAGR of 4.7% until 2030. Viscose staple fiber is a man-made cellulosic fiber derived from wood pulp, resembling cotton in many properties. It offers versatility, breathability, and drape, making it a popular choice for various textile applications.

Viscose Staple Fiber Market Drivers:

Rising demand from the apparel industry: VSF is widely used in clothing for its softness, comfort, and ability to blend seamlessly with other fibers. Growing consumer preference for sustainable and eco-friendly textiles further drives the market.

Increasing disposable income: Rising living standards in emerging economies like India and China are fueling demand for textile products, including those made with VSF.

Sustainability concerns: Consumers are increasingly conscious of environmental impact, and VSF's biodegradability and renewability compared to synthetic fibers offer a potential advantage.

Technological advancements: Developments in production processes, like lyocell and modal, have led to improved quality and functionality of VSF, expanding its viscose staple fiber market opportunities.

Viscose Staple Fiber Market Key Players:

LENZING AG

Sateri

Birla Cellulose

Kelheim Fibres GmbH

Asia Pacific Rayon Limited

Glanzstoff

SNIACE Group

Clossus Tex

China Hi-Tech Group Corporation (CHTC)

Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd

Viscose Staple Fiber Market Segmentation:

By Application: Woven and Non-Woven

By End-use Industry: Textile, Automotive, Healthcare, and Others

By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Viscose Staple Fiber Market Regional Analysis:

Asia Pacific dominates the VSF market due to strong textile industries in China and India.

Europe and North America are mature markets with significant demand for high-quality VSF.

Latin America and the Middle East & Africa are emerging markets with increasing consumer demand for textiles, presenting growth potential.

Contact us:

Consegic Business intelligence Pvt Ltd.

Contact no: (US) (505) 715-4344

Email: sales@consegicbusinessintelligence.com