The Viscose Staple Fiber Market is segmented by Application Type (Woven [Textile and Apparel], Non-Woven, and Others), by End-Use Industry Type (Healthcare, Automotive, Textile, Apparel & Clothing, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]).
The Viscose Staple Fiber Market is segmented by Application Type (Woven [Textile and Apparel], Non-Woven, and Others), by End-Use Industry Type (Healthcare, Automotive, Textile, Apparel & Clothing, and Others), and by Region (North America [The USA, Canada...
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.
It offers excellent moisture absorption, breathability, and a soft texture, making it a popular choice for consumers seeking comfort and sustainability in their fabrics. Additionally, VSF can be dyed easily, allowing for vibrant colors and patterns, which further enhances its appeal in the fashion industry.
Market Drivers
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.
COVID-19 Impact
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.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Application-Type Analysis
Woven, Non-Woven, and Others
The woven segment is expected to dominate the market during the forecast period.
End-Use Industry-Type Analysis
Healthcare, Automotive, Textile, Apparel & Clothing, and Others
The apparel and clothing segment is expected to dominate the market during the forecast period.
Regional Analysis
North America, Europe, Asia-Pacific, and Rest of the World
Asia-Pacific is projected to achieve the highest CAGR, while North America is anticipated to see the most growth during the forecast period.
By Application Type
“The woven segment is expected to dominate the market during the forecast period”.
The market is segmented 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.
By End-Use Industry Type
“The apparel and clothing segment is expected to dominate the market during the forecast period”.
The market is segmented into 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 a surge in shopping habits are expected to drive the growth of the segment over the forecast period.
Regional Analysis
“Asia-Pacific is expected to have the highest CAGR, with North America projected for the most growth during the forecast period”.
The market is broken down geographically into areas, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). 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, is 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.
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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 the key players in the Viscose Staple Fiber Market (arranged alphabetically)
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.
Note: The above list does not necessarily include all the top players in the market.
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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.
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Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Viscose Staple Fiber Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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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.
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We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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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.
Asia-Pacific is estimated to grow at the highest CAGR in the coming five years. The growing textile industry paired with the entry of new players to address the huge market potential drives the overall region’s market dynamics.
North America is estimated to have the highest growth 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.
The woven application segment (textile and apparel) type 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.
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.
