Global Sustainable Fabrics Market to Grow at 8.1% CAGR from 2024 to 2029
Boston, Nov. 21, 2024 (GLOBE NEWSWIRE) -- “According to the latest study from BCC Research, the global market for Sustainable Fabrics is expected to reach $27.8 billion by the end of 2029, with a CAGR of 8.1% from 2024 to 2029.”
The report offers an analysis of the global market for sustainable fabrics, with 2023 as the base year and revenue forecasts through 2029. The market is segmented by material, including plant-based, recycled, and other sustainable fabrics. It also breaks down applications into key categories such as clothing, accessories and home furnishings. Additionally, the report covers trends and growth opportunities in the Asia-Pacific, Europe, North America, and Rest of the World (RoW) markets.
This report is highly relevant due to two key factors driving the sustainable fabrics market. First, the fashion industry has recognized the importance of sustainability for its long-term growth, prompting a shift in production methods and materials toward eco-friendly practices. This shift is fueled by consumers’ increasingly sustainable shopping habits, especially as millennials and Gen Z lead the movement towards environmentally conscious fashion. Second, major product developments by well-known brands are accelerating the use of sustainable fabrics, particularly in categories like handloom (e.g., organic cotton from India), sportswear (brands such as Adidas and Nike), and denimwear (led by Levi’s). Even luxury brands are now entering the sustainable fabric market, further driving its growth despite higher price points.
The following factors are driving the global sustainable fabrics market:
Environmental Concerns in the Textile Sector: The textile industry contributes significantly to environmental issues, including water pollution, water consumption, and carbon emissions. Sustainable fabrics address these challenges by using eco-friendly materials and processes, prompting manufacturers and consumers to adopt greener practices.
Organic and Sustainable Fashion: Conscious consumption is on the rise, with more consumers seeking organic and sustainable fashion. This trend is driven by increased awareness of environmental and ethical concerns, as well as a preference for natural, high-quality products. Sustainable fabrics made from organic or recycled materials are gaining traction in the fashion industry.
Health Risks from Textile Chemicals: Conventional textile manufacturing involves harmful chemicals that can irritate the skin and pose health risks. Sustainable fabrics use safer, non-toxic alternatives, benefiting consumers and workers by reducing health hazards and driving demand for healthier fabric options.
Request a sample copy of the global sustainable fabrics market report.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2023 |
| Forecast period considered | 2024-2029 |
| Base year market size | $17.6 billion |
| Market size forecast | $27.8 billion |
| Growth rate | CAGR of 8.1% from 2024 to 2029 |
| Segments covered | Material, Application, and Region |
| Regions covered | North America, Europe, Asia-Pacific, and the Rest of the World (RoW) |
| Market drivers |
|
Interesting facts about the global sustainable fabrics market:
- Next-gen materials such as fungi (e.g., mushroom leather) are being explored as sustainable fabric options, with promising future growth.
- Advanced recycling techniques and low-carbon digital textile coloration methods are rapidly gaining traction.
- Integration of blockchain, 3D printing, and AI is transforming the textile industry.
- Companies such as Mango, Pangaia, Adidas, and New Balance are using 3D printing to create customized products with minimal material waste.
The report addresses the following questions:
- What are the projections for the market?
- The sustainable fabrics market is expected to reach $27.8 billion by the end of 2029, with a CAGR of 8.1%.
- What are the factors driving the growth of the market?
- Rising environmental concerns or the textile sector.
- The growing popularity of organic and sustainable fashion.
- Health risks from textile chemicals.
- What market segments are covered in the report?
- The market is segmented by material, application and region.
- Which application segment will dominate the market by the end of 2029?
- The clothing segment will continue to dominate the market through 2029.
- Which region has the largest market share?
- Asia-Pacific accounts for almost 40% of the global market. Large apparel and textile manufacturing bases in China, India, Bangladesh, and other APAC countries characterize the region. The apparel manufacturing sector of APAC is also increasingly adopting sustainable production practices, led by growing consumer preferences for sustainable products.
Some of the leading companies in the market include:
- Ananas Anam
- Grasim Industries Ltd.
- Hzcork
- Kaihara Denim
- Manteco S.P.A
- Proeco Organics
- Tdv Industries
- Teijin Ltd.
- Textil Santanderina
- Vivify Textiles
Other Related Reports
Global Bio-based Leather Market: This report provides an analysis of the bio-based leather market, encompassing materials derived from fruit, vegetables, mushrooms, and agricultural waste. It covers both fully and partially bio-based leather, segmented by origin such as cactus, pineapple, cork, and others, including mushrooms, grapes and various plants. Applications include footwear (formal and informal shoes, sandals, sneakers), accessories (wallets, bags, belts, clutches, handbags), and clothing (jackets, dresses, other wearables). Revenue and volume forecasts from 2023 to 2028 are made for each origin, application, and regions, as well as many countries.
Global Textile Recycling Market: This report provides an analysis of the material types such as polyester, cotton, nylon, and wool. It explores recycling processes, including chemical and mechanical methods, and examines different types of textile waste, including post and pre-consumer waste. The market is segmented by distribution channels (online and offline) and end-use industries, including apparel, home furnishing, and industrial applications. Additionally, the report projects revenues for the regions of North America, Europe, Asia-Pacific, and Rest of the World.
Directly purchase a copy of the report from BCC Research.
For further information or to make a purchase, please get in touch with info@bccresearch.com.
About BCC Research
BCC Research market reports provide objective, unbiased measurement, and assessment of market opportunities. Our experienced industry analysts' goal is to help readers make informed business decisions, free of noise and hype.
Contact Us Corporate HQ: 50 Milk St. Ste 16, Boston, MA 02109, USA Email: info@bccresearch.com, Phone: +1 781-489-7301 For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library. Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.
© Copyright Globe Newswire, Inc. All rights reserved. The information contained in this news report may not be published, broadcast or otherwise distributed without the prior written authority of Globe Newswire, Inc.
