Lyocell Fiber Market Size, Share, Growth Analysis, By Type(Staple Fiber, Cross Linked Fiber), By Application(Apparel, Home Textiles, Medical, Hygiene), By Region - Industry Forecast 2024-2031

Lyocell Fiber Market Driver

High demand due to eco-friendliness and sustainability

• The global lyocell fiber market is expanding as environmental concerns rise. Lyocell fabric was a turning point in the development of sustainable and green textiles. It is a synthetic fibre created from pulped wood. It is a cellulosic fibre that was produced using the solvent spinning method. Cells of plants include the organic polymer cellulose. Cellulose from hardwood trees is used to make lyocell fibre. Other materials utilised in the process include water, solvent, and a finishing agent. This product gives fabrics a lot of sheen and colour depth. As a result, its primary component, cellulose, originates from sustainably managed trees and its production has no negative side effects on the environment or human health. Consequently, the demand for the lyocell fabric is estimated to have skyrocket over forecasted period.
• The market for lyocell fibre will develop at a faster rate due to growing knowledge of its benefits, which include being lightweight, absorbent, breathable, wrinkle-resistant, durable, soft, and able to mimic a variety of textures, including suede, leather, and silk. The demand for premium clothes is growing, which will increase sales of lyocell fibre.

Lyocell Fiber Market Restraint

The limitations of lyocell fiber

• Despite being biodegradable when used independently, lyocell cannot be composted when mixed with other synthetic fibres. Also, it takes a lot of energy to produce lyocell. Lyocell is a sensitive fabric, thus it is advised to wash it on the cold side without drying it. These factors hinder the industry's growth rate for lyocell fibre. Additionally, a lack of awareness, inadequate sales channels, and a failure to apply cutting-edge technology in the production of lyocellular fibres could hinder market expansion.
• The lyocell fibre is extremely expensive to produce, which drives up the price of the final product even more. Furthermore, processing lyocell fibres takes time and effort, neither of which can be combined with a profit-making goal. The manufacturing costs of other textiles are less than those of lyocell fibre, thus the high cost of lyocell fibre production is a significant barrier to the lyocell fiber market's expansion.