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    Viscose Staple Fiber Market Report

    Viscose Staple Fiber Market Report
    Report code - SR2119 Delivery - 2 Weeks
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    Viscose Staple Fiber Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth See more...

    Market Insights

    Viscose staple fiber (VSF) is a biodegradable and environmentally-friendly fiber with properties similar to cotton. VSF is a versatile and easily blended fiber that is widely used in apparel, home textiles, dress material, knitted wear, and non-woven applications.

    The viscose staple fiber market was impacted by the COVID-19 pandemic. Due to lockdowns, supply chain disruption, limited raw material availability, and production halts, the market for viscose staple fiber experienced a massive decline in 2020. 

    However, the viscose staple fiber market is estimated to grow at a decent CAGR of 4.2% during the forecast period. Major factors such as growth in the clothing and automotive industries, as well as rising demand for clothing and apparel, are expected to drive the market growth during the forecast period. Furthermore, rising disposable income and demand for viscose staple fibers to manufacture various types of functional clothing and apparel are expected to drive the market in the coming years.

    Segment Analysis

    Based on the application type, the market is bifurcated into woven (textile and apparel), non-woven, and others. The woven (textile and apparel) segment captured the major share of the market in 2021, and is likely to maintain its incontestable lead during the forecast period. Increasing demand for woven fibers, the growing textile industry, as well as digitalization and e-commerce websites for the sale of garments, are driving the segment's growth.

    Based on the end-use industry type, the market is segmented as healthcare, automotive, textile, apparel & clothing, and others. Among these end-use industries, the apparel & clothing segment dominates the market. Changing fashion trends, rising disposable income, and surge in shopping habits are expected to drive the growth of the segment over the forecast period.

    In terms of regions, Asia-Pacific is expected to grow at the highest CAGR during the forecast period. Increasing demand for viscose staple fiber from various industries, as well as the growing textile industry, are likely to drive significant demand for the product in the region. Furthermore, China is a major producer of VSF, and the country's increasing yarn production is likely to drive the regional market growth in the coming years. Also, North America is expected to register the highest growth during the forecast period owing to the rapidly-growing clothing industry in The US and Canada.

    Key Players

    Textile and apparel remain one of the key industries that all the key viscose staple fiber suppliers are targeting today. The following are some of the key players in the viscose staple fiber market:

    • Aditya Birla Group
    • Aoyang Technology
    • Glanzstoff Industries
    • Jilin Chemical Fiber Group Company Limited
    • Kelheim Fibres GmbH
    • Lenzing AG
    • Nanjing Chemical Fiber Company Limited
    • Sateri Holdings Limited
    • Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
    • Xinjiang Zhongtai Chemical Co., Ltd.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s viscose staple fiber market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    Viscose Staple Fiber Market Features

    Market Growth (2022-2027)

    4.2% CAGR

    Base Year of Study

    2021

    Trend Period

    2016-2020

    Forecast Period

    2022-2027

    Segments Covered

    By Application Type (organic synthesis, and terephthalic acid & related derivatives),

    By End-Use Industry Type(healthcare, automotive, textile, apparel & clothing, and others)

    Region.

    Top Companies in 2022

    • Aditya Birla Group
    • Aoyang Technology
    • Glanzstoff Industries
    • Jilin Chemical Fiber Group Company Limited
    • Kelheim Fibres GmbH
    • Lenzing AG
    • Nanjing Chemical Fiber Company Limited
    • Sateri Holdings Limited
    • Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd
    • Xinjiang Zhongtai Chemical Co., Ltd.

    Dominant Region

    Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

     

    The viscose staple fiber market is segmented into the following categories:

    Viscose Staple Fiber Market, by Application Type

    • Woven
      • (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
      • (Type Analysis: Textile and Apparel)
    • Non-Woven (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Viscose Staple Fiber Market, by End-Use Industry Type

    • Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Textile (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Apparel & Clothing (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Viscose Staple Fiber Market, by Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

     

    Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >140

    Company Profiles

    10

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The viscose staple fiber market is estimated to grow at a healthy CAGR of 4.2% over the next five years. Major factors such as growth in the clothing and automotive industries, as well as rising demand for clothing and apparel, are expected to drive the market growth in the coming five years.

    Aditya Birla Group, Aoyang Technology, Glanzstoff Industries, Jilin Chemical Fiber Group Company Limited, Kelheim Fibres GmbH, Lenzing AG, Nanjing Chemical Fiber Company Limited, Sateri Holdings Limited, Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd, and Xinjiang Zhongtai Chemical Co., Ltd. are some of the key players in the market.

    North America is estimated to be dominant in the viscose staple fiber market in the coming years owing to the rapidly-growing clothing industry in The USA and Canada. The region is also likely to generate a consequential demand for viscose staple fiber in the next five years.

    Asia-Pacific is estimated to grow at the fastest rate in the coming five years. Growing textile industry paired with the entry of new players to address the huge market potential drives the overall regions market dynamics.

    The woven application segment (textile and apparel) is likely to maintain its dominance in the market in the next five years. Increasing demand for woven fibers, the growing textile industry, as well as digitalization and e-commerce websites for the sale of garments, are driving the segment's growth.