Biodegradable fabrics, also known as green fabrics are manufactured using natural fibers that can break down and decompose after disposal without causing harm to the environment. Such fabrics include cotton, hemp, bamboo, modal, Lyocell, Tencel etc. The rising environmental concerns regarding non-biodegradable fabrics has boosted the demand for biodegradable fabrics. Biodegradable fabrics are more eco-friendly as compared to synthetic fabrics and do not release microplastics into water bodies. The growing awareness about biodegradability and sustainability has led numerous apparel brands and manufacturers to incorporate biodegradable fabrics in their product portfolio.
The Global Biodegradable Fabrics Market is estimated to be valued at US$ 6.76 Bn in 2024 and is expected to exhibit a CAGR of 13.% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Global Biodegradable Fabrics Market are Eaton Corporation PLC, Trilux Lighting Ltd., Zumtobel Group AG, Acuity Brands Lighting Inc., Hubbell Incorporated, Herbert Waldmann GmbH & Co. KG, General Electric Company, Cree Inc., Koninklijke Philips N.V., KLS Martin Group. These players are focusing on adopting organic and inorganic growth strategies such as new product launches, partnerships and expansions to increase their market share.
The growing environmental awareness and stringent regulations regarding disposal of synthetic fabrics have created numerous opportunities for biodegradable fabrics in various end-use industries. The market is expected to witness high demand from the fashion and healthcare sectors. Moreover, innovations in fabric technology aimed at enhancing attributes like strength and appearance would support the adoption of biodegradable fabrics.
The Biodegradable Fabrics Market is expanding globally with emerging economies like China, India, Brazil and Mexico anticipated to lucrative growth in the coming years. This is attributed to rising consumer health awareness, improving economic conditions and strengthening textile industries in developing countries. In addition, stringent government regulations regarding plastic and fabric waste disposal in Europe and North America are propelling the regional market for biodegradable fabrics.
Market drivers:
1. Increasing Environmental Concerns - The balooning amount of fabric waste ending up in landfills has raised major concerns about plastic pollution and microfiber release into waterbodies. This has boosted the demand for eco-friendly biodegradable fabrics.
2. Growth of Sustainable Fashion - Rising penetration of ethical fashion brands and growing preference of millenials for sustainable apparel has expanded the market opporutnity for biodegradable fabrics in the textile industry.
Market restraints:
1. High Cost of Production - Biodegradable fabrics made from natural fibers like cotton and bamboo generally have higher production costs compared to synthentic fabrics which is a major challenge for widespread adoption.
2. Limited Functional Attributes - Certain biodegradable fabrics may lack attributes like elasticity, wrinkle-resistance and durability offered by synthetic materials, thereby restricting their applications. Continuous R&D is required to enhance fabric functionality.
Segment Analysis
Cotton sub-segment dominates the global biodegradable fabrics market. Cotton is one of the most commonly used natural fibers for clothing and textiles. It has high demand due to its breathability, durability and comfort. Cotton fabrics are easy to manufacture and have various applications such as clothes, bed sheets, towels etc.
The viscose rayon sub-segment is also gaining significance in the market. Viscose rayon, which is produced from cellulose obtained majorly from wood pulp, is considered as a biodegradable fabric. It has properties similar to cotton making it popular for dress materials, linings etc. The growing fashion industry favors viscose fabrics for its versatility and enhanced aesthetic appeal.
Global Analysis
The European region holds the major share in global biodegradable fabrics market and is projected to witness the fastest growth during the forecast period. Countries like Germany, Italy and France are major consumers of biodegradable fabrics in the region. Europe has stringent regulations to reduce dependency on non-renewable resources and promote sustainable development.
The Asia Pacific region is emerging as another lucrative market for biodegradable fabrics. With increasing population, rising disposable incomes and expansion of textiles and clothing industry in countries like China and India, the demand is steadily growing. Also, shifting consumer preference towards eco-friendly products further propels the market growth in Asia Pacific.