Viscose Staple Fiber Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2030
The global viscose staple fiber market size was valued at USD 13.32 billion in 2022 and is expected to be worth USD 13.91 billion in 2023 and is projected to reach USD 20.16 billion by 2030, recording a CAGR of 5.4% during the forecast period.
Viscose Staple Fiber (VSF) is a type of cellulose fiber that is made by regenerating natural materials, such as wood pulp and cotton linter. These fibers possess a wide range of beneficial properties, such as easy drapeability, softness, and high absorbency, making them an ideal fabric for home textiles, clothes, and other consumer goods. The automotive sector is also using these fibers on a large scale to produce carpets, textile reinforcement in composite parts, interior trim & headliners, and exterior textile parts. These extensive applications are anticipated to boost the viscose staple fiber market growth. Fortune Business Insights™ displays this information in a report titled, "Viscose Staple Fiber Market, 2023-2030."
Segments:
Strong Fibers to Gain Notable Traction for Their Versatility
Based on type, the market is segmented into high wet modulus fiber, strong fiber, modified fiber, and others. The strong fiber segment captured the largest market share in 2022 as fabrics made from these fibers are used in many industrial, medical, and domestic materials and apparels.
VSF to Find Robust Use in Textile Apparel Industry with Growing Demand from Fashion Sector
Based on end-use industry, the market is segmented into textile apparel, healthcare, automotive, and others. The textile apparel segment captured a vast majority of the market share as VSFs are being widely demanded in the fashion industry due to their beneficial properties such as softness, high absorbability, comfort, and affordability.
With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Drivers and Restraints:
Rising Use of Sustainable Materials in Fashion & Apparel Industry to Boost Market Growth
Viscose staple fibers are highly versatile, making them a popular material in the fashion & apparel industry. Since the usage of sustainable materials is rising in this industry due to the robust consumer preference for eco-friendly clothes, the demand for these fibers is expected to rise significantly. These factors will also help the market grow.
However, environmental issues associated with the production of VSFs may impede the market progress.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/viscose-staple-fiber-market-105431Viscose Staple Fiber Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2030
The global viscose staple fiber market size was valued at USD 13.32 billion in 2022 and is expected to be worth USD 13.91 billion in 2023 and is projected to reach USD 20.16 billion by 2030, recording a CAGR of 5.4% during the forecast period.
Viscose Staple Fiber (VSF) is a type of cellulose fiber that is made by regenerating natural materials, such as wood pulp and cotton linter. These fibers possess a wide range of beneficial properties, such as easy drapeability, softness, and high absorbency, making them an ideal fabric for home textiles, clothes, and other consumer goods. The automotive sector is also using these fibers on a large scale to produce carpets, textile reinforcement in composite parts, interior trim & headliners, and exterior textile parts. These extensive applications are anticipated to boost the viscose staple fiber market growth. Fortune Business Insights™ displays this information in a report titled, "Viscose Staple Fiber Market, 2023-2030."
Segments:
Strong Fibers to Gain Notable Traction for Their Versatility
Based on type, the market is segmented into high wet modulus fiber, strong fiber, modified fiber, and others. The strong fiber segment captured the largest market share in 2022 as fabrics made from these fibers are used in many industrial, medical, and domestic materials and apparels.
VSF to Find Robust Use in Textile Apparel Industry with Growing Demand from Fashion Sector
Based on end-use industry, the market is segmented into textile apparel, healthcare, automotive, and others. The textile apparel segment captured a vast majority of the market share as VSFs are being widely demanded in the fashion industry due to their beneficial properties such as softness, high absorbability, comfort, and affordability.
With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Drivers and Restraints:
Rising Use of Sustainable Materials in Fashion & Apparel Industry to Boost Market Growth
Viscose staple fibers are highly versatile, making them a popular material in the fashion & apparel industry. Since the usage of sustainable materials is rising in this industry due to the robust consumer preference for eco-friendly clothes, the demand for these fibers is expected to rise significantly. These factors will also help the market grow.
However, environmental issues associated with the production of VSFs may impede the market progress.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/viscose-staple-fiber-market-105431
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