Staple Fibers Market 2021
Increasing Per capita consumption of cloths and growing fashion industry are likely to escalate the global demand for Staple Fibers. As staple fibre plays vital role in production of cloths and garments. For instance, according to the United Nations Economic Commission for Europe (UNECE), the global turnover of fashion industry was around US$ 179.74 billion and it produced 60 million tonnes of garments in 2018 and it is anticipated to reach at 100 million by 2030.
Rising per capita income and changing cloths preference positively impact on the textile industry which in turn propel the growth of staple fibre market during forecast period 2019 – 2016. For instance, according to the Indian Brand Equity Foundation, the domestic textile industry was valued at US$ 223 billion in 2017 and it is forecasted to reach at US$ 150 billion by 2021.
Global Staple Fibers Market was valued at USD 24.11 billion in 2017 and is expected to reach a value of USD 36.44 billion at a CAGR of 3.8% during the forecast period, 2021–2026.
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The Major Manufacturers Covered in this Report:
Barnet GmbH & Co. KG(Germany), Aditya Birla Group (India), Sateri International Co. Ltd.(China), Zhejiang Hengsheng Chemical Fiber Co., Ltd. (China), China Petroleum & Chemical Corporation (China), Reliance Industries Limited (India), Celanese (United States), Hubei Botao Synthetic Fiber Co. (China), ltd. TEIJIN FRONTEIR Co. Ltd., Indorama Ventures Public Company Limited (Thailand), Toray Industries, Inc. (Japan), Zedtex Australia Pty Ltd. (Australia) and XINDA Corp (Germany) …
Years that have been considered for the study of this report are as follows:
- History Year: 2015-2019
- Base Year: 2019
- Estimated Year: 2020
- Forecast Year: 2021 to 2026
- Home furnishing
- Personal care & hygiene
- North America (The US, Canada, and Mexico)
- Europe (Germany, France, the UK, and Rest of the World)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Latin America (Brazil and Rest of Latin America.)
- Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Staple Fibers Market along with their company profiles, SWOT analysis, latest advancement and business plans.
Highlights of the Report:
- Market growth capacity, chances, drivers and industry specific challenge.
- Detailed information of Staple Fibers Market by pinpointing its many sub segments.
- The important players and analysis of their growth plans.
- Staple Fibers Market recent innovations and major events 2021.
- Comprehensive assessment of all opportunities and risk in the global market.
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