Vegetation based cellulosic (viscose) fibre market is still limited across the world

The market share of cotton fibre is expected to reduce to 24.54 per cent in 2025 from 28.57 per cent in 2015. Cotton production has been disrupted in recent years due to rough weather conditions in various regions of the world. Cotton fibre market was 24.040 million ton in 2015 which reduced to 22.765 million ton in 2020 but bounced back to 26.023 million ton in 2021. It will increase to 27.040 million ton in 2025 with annual growth of 3.5 per cent during the preceding five years. Higher growth is attributed to fall in 2020 due to production loss.

Vegetation based cellulosic (viscose) fibre market is still limited across the world. But cotton-like touch and feel has added to its acceptance in the market. Fashion world is also propelling the demand of viscose fibre. Its market size was 5.185 million ton in 2015 which grew to 6.609 million ton in 2021 and is expected to reach at 8.087 million ton in 2025. The growth rate of viscose fibre will be 5.58 per cent during 2020-2025. The growth will be highest among various types of textile fibres. The market share of viscose was 5.95 per cent out of the total market size of 84.078 million ton in 2015 and 6.66 per cent in 2021. It is expected to grow to 7.27 per cent in 2025