Viscose staple fibers or artificial cotton fibers are natural & biodegradable. These fibers are basically obtained from the cotton pulp and wood pulp, which share the characteristics of the cotton fibers. These fibers are versatile and easily bendy fibers and have a huge range of application in apparels, home furnishings, home textiles, dress materials, and woven & knitwear. These fibers are considered as hybrid nylon fiber which is used to produce different sorts of functional clothing and apparel. Such fibers help in the maintenance of moisture, and they don’t easily shrink and are considered to be biodegradable.
As per study, “Global Viscose Staple Firbe Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global viscose staple fiber market include Aoyang Technology, Aditya Birla, Kelheim, Kelheim, ENZING, Silvix, SanYou, Cosmo, Sateri, FULIDA, Bohi Industry, CHTC Helon, Xinxiang Bailu, Xiangsheng, Silver Hawk, Yibin Grace, Manasi Shunqun, Haiyang Fiber, Nanjing Chem-Fiber, Manasi Shunqun, Golden Ring, Jilin Chem-Fiber, Sanfangxiang, Somet Fiber and among others. Leading players are vastly fragmented and are focused on developing innovative products in order to satisfy increasing demand of fashionable clothing among the population.
On the basis of type, viscose staple fiber market is bifurcated into cotton type and wood type. In addition, on the basis of application, market is bifurcated into clothing industry, transport industry, textile industry and others. Textile industry segment dominates the global market owing to low switching costs and significant role of industry in terms of the trade, investment, employment, and revenue.
The viscose staple fiber market is driven by increase in adoption of viscose fabrics, due to ambiguity in cotton prices, followed by rise in demand for apparels & clothing, growth in number of textile industry, rise in shopping habits among the consumer and change in fashion trends. However, increase in competition from synthetic fibers and adverse conditions arising owing to impact of corona virus pandemic specifically in end-user industries such as automotive and other industries may impact the market. Additionally, rise in use of cellulose fiber in healthcare applications is a key opportunity for market. Moreover, increase in penetration of advanced technology in processing fiber and rise in demand for woven fibers are key trends for market. Furthermore, low availability of labor workforce is a major challenge for global market.
Based on geography, the Asia-Pacific is a leading region in global viscose staple fiber market owing to increase in number of clothing manufacturers coupled with rise in demand of the products from major developing economies like India and China across the region. In India country, the demand for apparels has increased with rising consumer preference, in response to growth in foreign textile brands. The demand has been increased by digitalization and social networking sites & apps that help in growing the sale of garments. The North-America and Europe regions are anticipated to exhibit substantial growth rate due to rise in demand from textile & apparel, non-woven, and specialty manufacturing sectors over the forecast period.
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Ankur Gupta, Head Marketing & Communications