Lyocell fabric is a type of regenerative cellulosic fiber made from wood pulp through solvent spinning of cellulose. It is considered more environmentally sustainable than other rayon and synthetic fibers. Lyocell fabric is used in a variety of apparel products such as t-shirts, dresses, trousers, underwear, socks, etc owing to its breathability, absorbency and soft handle properties. It is also used in home furnishing products such as curtains, bed sheets, and towels.

The global lyocell fabric market is estimated to be valued at US$ 1.46 Mn in 2024 and is expected to exhibit a CAGR of 3.2% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics: One of the key drivers for the growth of the lyocell fabric market is the growing adoption of lyocell fabric in apparel products. The fabric's moisture-wicking and breathability features make it preferable for active and outdoor apparels. The increasing health awareness is also driving the demand for more sustainable fabrics like lyocell in apparels. Lyocell fabric is made from wood pulp through an environmentally sustainable production process without using harmful chemicals. Its biodegradability characteristic is appealing to eco-conscious consumers. These advantages over other fabrics are expected to increase lyocell fabric adoption in apparels, thereby propelling the market growth over the forecast period.

SWOT Analysis

Strength: Lyocell fabric is made from cellulose fibers derived from wood or other organic materials like cotton fibers. It has high moisture absorption abilities, soft hand feel, and is highly breathable. These fibers are biodegradable and renewable. Lyocell fabric offers superior strength and durability as compared to cotton.

Weakness: The lyocell production process requires extensive use of chemicals like carbon disulfide which is toxic in nature. The production process also generates harmful byproducts. The lyocell fabric manufacturing process is complex and capital intensive making it more expensive than cotton.

Opportunity: Growing preference for more sustainable and eco-friendly fabrics offers significant opportunities for lyocell fabric market. Increasing consumer awareness about the benefits of lyocell over other fabrics will drive its demand. The sports and outdoor apparel segment offers lucrative growth opportunities due to high moisture wicking and quick drying property of lyocell fabric.

Threats: Price volatility of raw materials required for lyocell production poses threat to profitability of manufacturers. Stringent government regulations regarding discharge of toxic byproducts from lyocell manufacturing plants can negatively impact growth. Substitute fabrics like modal fabric also compete with lyocell in certain application segments.

Key Takeaways

The global lyocell fabric market size is expected to witness high growth over the forecast period supported by increasing demand for sustainable textiles. Lyocell is gaining popularity as an eco-friendly alternative to cotton and other synthetic fabrics. The global lyocell fabric market is estimated to be valued at US$ 1.46 Mn in 2024 and is expected to exhibit a CAGR of 3.2% over the forecast period 2024-2031/

Regional analysis: Asia Pacific dominates the global lyocell fabric market currently and is expected to maintain its leading position during the forecast period supported by robust growth of textile and apparel industry in countries like China and India. Rapid urbanization, rising disposable incomes, and changing lifestyles are driving demand for lyocell fabrics in the region.

Key players: Key players operating in the lyocell fabric market are Hexion, BASF SE, Georgia-Pacific Chemicals, Hexza Corporation Berhad, Metadyena, Jiangsu sanmu group Co. Ltd, Ashland, ARCL Organics Ltd., Kronoplus Limited, Advachem, Qafco, Sabic, Acron Group, Asta Chemicals, Melamin KemiÄna Tovarna D.D. KoÄevje, and Arclin Inc.

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