As per the Allied Market research report on the Eco fibers sector, which includes a detailed analysis of the industry involving key players, market dynamics, and opportunities. This industry size was valued at $52.8 billion in 2022 and is expected to grow to $108.6 billion by 2032, reaching a CAGR of 7.5% from 2023 to 2032.  

Sustainable materials boosting industry growth 

Eco fibers are environmentally friendly and sustainable fibers . They are made from natural, recycled , and renewable materials like organic cotton, bamboo, hemp, Tencel , and recycled polyester. These fibers are produced in a way that uses less water , harmful chemicals, and energy, which reduces environmental damage. More people and companies are adopting eco- fibers to support a greener and more sustainable future . market growth. 

Eco- fibers like recycled paper fibers are also used in the production of paper and packaging materials. Using these materials reduces the environmental impact by saving trees and cutting down on waste. Also, these are used more in the automotive industry. Fibers like kenaf, sisal , and hemp can be used to make lightweight and eco-friendly parts for car interiors, carpet, insulation , and seat covers.