Viscose Staple Fibre Market Report 2024 (Global Edition)

Global Viscose Staple Fibre Market Report 2024 Market Size Split by Type (High Wet Modulus Fiber, Strong Fiber, Modified Fiber, Others), by Application (Woven, Non Woven, Specialty), by End Use (Texti...

Viscose Staple Fibre Market Report Description

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Viscose Staple Fibre Market Insights Video

Competitive Landscape of the Viscose Staple Fiber Market

The market participants in the viscose staple fiber industry compete fiercely with one another. To acquire a competitive edge, these businesses concentrate on a range of growth tactics, such as partnerships, mergers and acquisitions, strategic collaborations, and product innovation. In addition, maintaining market growth requires ongoing expenditures in R&D projects aimed at enhancing the characteristics and quality of viscose staple fibers. Furthermore, major companies are implementing several commercial expansion tactics to enhance their market share both domestically and internationally.

May 2023: Together, Santoni Spa and Kelheim Fibers GmbH created cutting-edge, sustainable menstrual underwear using high-grade performance viscose fiber and cutting-edge machinery. The product is composed of an inlay portion composed of superior wood-based fibers and a softer exterior layer. (Source: https://www.nonwovens-industry.com/contents/view_breaking-news/2023-05-09/kelheim-fibers-and-santoni-develop-sustainable-menstrual-underwear/ ) March 2022: To begin a long-term business partnership, Birla Cellulose and Renewcell, a pioneer in textile-to-textile recycling, inked a letter of intent. Renewcell's 100% recycled textile raw material, Circulose, is used to make premium Liva Reviva textile fibers, as specified under the agreement. (Source: https://www.renewcell.com/en/renewcell-and-birla-cellulose-sign-letter-of-intent-for-large-scale-circular-fiber-production/ ) July 2021: With a USD 35.7 million investment, Sateri maintained its collaboration with textile fiber technology company Infinited Fiber Company. Sateri's dedication to circular, closed-loop, and climate-positive cellulosic fibers is reflected in the partnership. (Source: https://www.textileworld.com/textile-world/fiber-world/2021/07/sateri-continues-investment-and-collaboration-with-infinited-fiber-co-to-scale-next-generation-textile-fiber-technology/ )

Top Companies Market Share in Viscose Staple Fibre Industry: (In no particular order of Rank)

• LENZING AG
• China Hi-Tech Group Corporation (CHTC)
• Sateri
• Clossus Tex
• Birla Cellulose
• Tangshan Sanyou Group Xingda Chemical Fiber Co. Ltd
• Kelheim Fibers GmbH
• Asia Pacific Rayon Limited
• Glanzstoff
• SNIACE Group
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Viscose Staple Fiber Market

Which Region Dominates the Viscose Staple Fiber Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of the increased need for the product in the textile and automobile industries. The industry is expanding due in large part to the growing demand for necessities like clothing and hygiene products as well as regional government measures to encourage the adoption of sustainability. The growing demand for automotive textiles is linked to the market's rise in the United States and Canada.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Viscose Staple Fiber market. Viscose fibers are manufactured in enormous quantities in China and India. Asia Pacific market growth will be propelled by these developing nations' industries' explosive expansion. Additionally, the need for viscose staple fibers in the area will rise due to the growing demand for textiles from a variety of end-use sectors. Due to the rising demand for advanced textiles from a variety of industries, China is the top nation in Asia Pacific.

The current report Scope analyzes Viscose Staple Fibre Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Viscose Staple Fibre

According to Cognitive Market Research, the global viscose staple fiber market size was estimated at USD 17598.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 7039.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the viscose staple fiber market with a market size of USD 5554.09 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period The demand for viscose staple fiber is rising due to this country's expanding textile sector.
• The Canada viscose staple fiber market had a market share of USD 844.73 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Customers' growing demand for eco-friendly and sustainable clothing is another element propelling the market, due to the quickly expanding yarn supply.
• The Mexico viscose staple fiber market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 640.59 million in 2024.

Europe Viscose Staple Fibre

According to Cognitive Market Research, the global viscose staple fiber market size was estimated at USD 17598.5 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 5279.55 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom viscose staple fiber market had a market share of USD 886.96 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. The growing textile industry in this nation is driving up demand for viscose staple fiber.
• The France viscose staple fiber market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 485.72 million in 2024.
• According to Cognitive Market Research, the German viscose staple fiber market size was valued at USD 1045.35 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period because natural fibers are becoming more and more popular since they are perceived as cozier and more environmentally responsible.
• The Italy viscose staple fiber market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 454.04 million in 2024.
• The Russia viscose staple fiber market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 818.33 million in 2024.
• The Spain viscose staple fiber market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 432.92 million in 2024
• The Luxembourg viscose staple fiber market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 163.67 million in 2024.
• The Portugal viscose staple fiber market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 110.87 million in 2024.
• The Greece viscose staple fiber market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 63.35 million in 2024.
• Rest of Europe's viscose staple fiber market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 818.33 million in 2024.

Asia Pacific Viscose Staple Fibre

According to Cognitive Market Research, the global viscose staple fiber market size was estimated at USD 17598.5 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4047.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China viscose staple fiber market size was valued at USD 1821.44 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period due to a shift in consumer tastes toward natural fibers, which are seen as cozier and more eco-friendly.
• The Japan viscose staple fiber market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 558.58 million in 2024.
• The India viscose staple fiber market had a market share of USD 485.72 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period Due to the rapidly increasing supply of yarn, customers' growing preference for sustainable and eco-friendly garments is another factor driving the market.
• The South Korean viscose staple fiber market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 404.77 million in 2024.
• The Australian viscose staple fiber market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 210.48 million in 2024.
• The South East Asia viscose staple fiber market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 279.29 million in 2024.
• The Rest of Asia Pacific viscose staple fiber market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 287.38 million in 2024.

South America Viscose Staple Fibre

According to Cognitive Market Research, the global viscose staple fiber market size was estimated at USD 17598.5 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 879.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil viscose staple fiber market size was valued at USD 376.61 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The market is additionally driven by consumers' growing preference for eco-friendly and sustainable fabrics.
• Argentina's viscose staple fiber market had a market share of USD 147.83 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. The need for viscose staple fiber in this country is being fueled by the developing textile sector.
• Colombia viscose staple fiber market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 78.31 million in 2024.
• Peru viscose staple fiber market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 72.15 million in 2024.
• Chile viscose staple fiber market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 63.35 million in 2024.
• The Rest of Latin America's viscose staple fiber market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 141.67 million in 2024.

Middle East and Africa Viscose Staple Fibre

According to Cognitive Market Research, the global viscose staple fiber market size was estimated at USD 17598.5 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 351.97 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries viscose staple fiber market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 150.64 million in 2024 as a result of a movement in customer preferences toward natural fibers, which are thought to be more cosy and environmentally friendly.
• The Egypt viscose staple fiber market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 36.96 million in 2024.
• The South Africa viscose staple fiber market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 55.61 million in 2024 because of the quickly rising production of yarn.
• The Turkey viscose staple fiber market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 30.27 million in 2024.
• The Nigeria viscose staple fiber market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 36.96 million in 2024.
• The Rest of MEA viscose staple fiber market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 41.53 million in 2024.

Viscose Staple Fibre Market Analysis

Viscose Staple Fiber Market Type Segment Analysis

According to Cognitive Market Research, strong fiber stands out as the dominant category over the projected period. Because they are relatively less expensive to produce than cotton fibers, strong viscose fibers are typically utilized as an alternative. These fibers are highly favored in the production of textiles and clothing for residential, commercial, and medicinal uses. Compared to synthetic fibers, such as polyester, this fiber is preferable since it is composed of organic components. The market will develop as a result of consumers' growing desire for sustainable and organic products.

Modified fiber emerges as the fastest-growing category in the viscose staple fiber market because there is a growing need for reinforced textiles. The main applications for modified fibers are to enhance the mechanical, electrical, and physical characteristics of different materials and composites.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Viscose Staple Fibre Industry. Request a Free Sample PDF!

Viscose Staple Fiber Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is woven. Since they are breathable, soft, and have a smooth texture, woven viscose fabrics are well-suited for use as household textiles and apparel. Furthermore, the market share of woven viscose fiber increases due to the rising demand for biodegradable and sustainable fibers in home furnishings and fashion.

The fastest-growing category in the viscose staple fiber market is non-woven. The rising use of viscose staple fiber in personal care, medicinal, and hygiene products is what's thought to be driving the growth. Because viscose degrades naturally, there is a growing need for environmentally friendly and sustainable materials. The use of non-woven viscose fibers in disposable and long-term applications is also being pushed by advancements in non-woven technology, as well as improvements in hygiene and health consciousness.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Viscose Staple Fibre End Use Segment Analysis

Viscose Staple Fiber Market End Use Segment Analysis

According to Cognitive Market Research, the dominant category is automotive. The increasing use of lightweight and sustainable materials in car manufacturing is responsible for the segment's rise. Because viscose fibers are strong, eco-friendly, and comfy, they are used in car interiors. The demand for viscose fibers in upholstery, seat covers, and other interior applications is rising as a result of the industry's emphasis on reducing environmental impact and improving vehicle efficiency.

The fastest-growing category in the viscose staple fiber market is textile apparels. The increasing need for breathable, cozy, and adaptable textiles is driving the segment's expansion. Because viscose feels like silk and is inexpensive, it is frequently used in the creation of clothing. The domination of textile garments can be attributed to a number of factors, including the growing fashion industry, the rise of fast fashion trends, and consumers' desire for eco-friendly materials. Therefore, it is anticipated that the fashion industry's growing need for cozy clothing will further propel segment expansion.

• Textile Apparels
• Healthcare
• Automotive
• Others

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion