The Business Research Company’s Regenerated Cellulose Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Regenerated Cellulose Global Market Report 2023 evaluates regenerated cellulose market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global regenerated cellulose market size is expected to grow from $13.54 billion in 2022 to $14.96 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the regenerated cellulose market is expected to grow to $20.64 billion in 2027 at a CAGR of 8.4%.
Increasing global demand for eco-friendly textiles is expected to propel the growth of the regenerated cellulose market going forward. The eco-friendly textile is made from fabrics that are produced in an environmentally friendly manner, without the use of chemicals and pesticides during the growing process. Regenerated cellulose is a type of material created by converting natural cellulose to a soluble cellulosic derivative and then regenerating it to form either a fiber or a film. For instance, in 2020, according to the 2020 Conscious Fashion Report published by Lyst Insights, a UK-based designer, manufacturer, and seller of apparel online, internet searches for vegan leather’ increased by 69% year on year, searches for ‘organic cotton’ increased by 23%, and searches for recycled plastic increased by 35% since January 2020. Therefore, the increasing global demand for eco-friendly textiles is driving the growth of the regenerated cellulose market.
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The regenerated cellulose market segments in the report are:
1) By Type: Fiber, Film
2) By Manufacturing Source: Viscose, Cuprammonium, N-ethyl-Morpholine-N-Oxide (NMMO)
3) By End Use Industry: Fabric, Automotive, Agriculture, Packaging, Other End Use Industries
The table of contents in TBRC’s regenerated cellulose market report includes:
- Executive Summary
- Regenerated Cellulose Market Characteristics
- Regenerated Cellulose Market Trends And Strategies
- Regenerated Cellulose Market – Macro Economic Scenario
- Regenerated Cellulose Market Size And Growth
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- Africa Regenerated Cellulose Market
- Regenerated Cellulose Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Regenerated Cellulose Market
- Regenerated Cellulose Market Future Outlook and Potential Analysis
- Appendix
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