LYOCELL FABRIC MARKET ANALYSIS (2020-2027)

Global demand for lyocell fabrics has been on the rise due to their applications in various industries such as textiles, healthcare, hygiene, automotive, and others. Lyocell fabric is a natural, manmade fiber made from wood pulp. This regenerated cellulose fiber is usually sold under the brand name, Tencel, in the U.S. Lyocell fabric is a biodegradable fiber made with wood pulp from sustainable tree farms using a solvent spinning technique. Major applications of lyocell fabric are in the garment industry. It is also used in various other products such as ropes, bandages, abrasive materials, automotive filters, and protective suiting materials.

Market Dynamics

The main component of lyocell fabric, cellulose, is obtained from forests and its production does not result in by-products which are harmful for the environment and human health. Owing to rising environmental concerns, the demand for lyocell fiber is increasing across the globe. Furthermore, rising technological advancements have paved way to produce lyocell fiber using cutting-edge N-methyl morpholine-N-oxide (NMMO) technology. This technology is resource-conserving, simple, and environment-friendly in comparison to conventional manufacturing processes.

Lyocell fabric offers various properties such as softness, strength, absorbency, and wickability compared to other cellulosic fiber which makes it a preferable choice in hygiene sector for manufacturing products such as wet wipes and sanitary napkins. Factors such as rising health & hygiene awareness among people, coupled with increasing disposable income have led to increasing demand for lyocell fabrics for manufacturing hygiene products. For instance, the Office for National Statistics has stated that the median household disposable income in the U.K. was US$ 38,288.2 in the financial year 2019, which was an increase of 1.4% (or US$ 520) compared to 2018. Thus, increasing demand for hygiene products is expected to drive demand for lyocell fabric over the forecast period.

Players operating in the global lyocell fabric market are adopting business strategies such as partnerships & collaborations, in order to expand their product portfolio and market presence. For instance, in January 2019, Lenzing announced a partnership with Hof University of Applied Sciences (Germany). Under the partnership, Lenzing will use the Technology Center for Nonwoven Applications located in Hof University’s Münchberg (Germany) campus in 2020. The center will be utilized for developing and testing new fibers. The partnership is expected to help the company expand its portfolio of hygiene, cosmetics, and medical products.

Key features of the study:

This report provides in-depth analysis of lyocell fabric market and provides market size (KT and US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global lyocell fabric market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Lenzing AG, Aditya Birla Group, AkzoNobel, Baoding Swan Fiber Co., Ltd., Qingdao Textiles Group Fiber Technology Co., Ltd., China Bambro Textile (Group) Co., Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global lyocell fabric market report caters to various stakeholders in this industry including investors, suppliers, lyocell fabric manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the lyocell fabric market.

Detailed Segmentation:

Global Lyocell Fabric Market, By Product Type:

Staple
Filament

Global Lyocell Fabric Market, By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others (Cigarette Filters, etc.)

Global Tin chemicals Market, By Region:

North America

U.S.

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Canada

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Europe

U.K.

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Germany

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Italy

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

France

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Russia

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Rest of Europe

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Asia Pacific

China

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

India

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Japan

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

ASEAN

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Australia

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

South Korea

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Rest of Asia Pacific

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Latin America

Brazil

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Mexico

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Rest of Latin America

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Middle East

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Israel

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Rest of Middle East

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Africa

North Africa

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Central Africa

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

South Africa

By Product Type:

Staple
Filament

By Application:

Healthcare
Hygiene
Apparels
Home Textiles
Automotive
Others

Company Profiles

Lenzing AG*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

Aditya Birla Group
AkzoNobel
Baoding Swan Fiber Co., Ltd.
Qingdao Textiles Group Fiber Technology Co., Ltd.
China Bambro Textile (Group) Co., Ltd.

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