Lyocell Fiber Market
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<strong>Lyocell</strong> <strong>Fiber</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
<strong>Lyocell</strong> <strong>Fiber</strong> <strong>Market</strong> for Apparels, Home Textiles, and Other Applications - Global Industry Analysis,<br />
Size, Share, Growth, Trends and Forecast 2014 - 2020<br />
The rapid development in the technical textiles and apparel industries has had a positive impact on the<br />
demand for lyocell fibers, states Transparency <strong>Market</strong> Research in its recent report. The 62-page research<br />
publication reveals that registering a strong CAGR of 7.90% during the forecast period, the global lyocell fibers<br />
market is poised to rise from US$692.7 Mn in 2013 to US$1,179.5 Mn by 2020. The report is titled “<strong>Lyocell</strong><br />
<strong>Fiber</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” and is<br />
available for sale on the company website.<br />
Get Sample Of This Research Report At :<br />
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3612<br />
While new product development in the medical sector and growing trend of eco-friendly fiber is anticipated to<br />
boost the lyocell fiber market, it is projected to be held back owing to availability of low-cost substitutes. <strong>Lyocell</strong><br />
fibers possess superior qualities of absorbency and softness and are biodegradable. On the basis of<br />
application, the overall market for lyocell fiber is segmented into home textiles, apparel, and others including<br />
baby diapers and surgical products. The apparel market – comprising sections such as sportswear, casual<br />
wear, women’s wear, and men’s wear – held over 55% of the entire lyocell fiber market in 2013, making the<br />
leading application segment that year. <strong>Lyocell</strong> fibers in the home textiles segment are used in making drapes,<br />
carpets, bed sheets, and curtains. Its property of biodegradability makes it ideal for manufacturing baby<br />
diapers and surgical products.<br />
On the basis of geography, the global lyocell fiber market is divided into North America, Europe, Asia Pacific,<br />
and Rest of the World. Asia Pacific dominates the worldwide market in terms of both consumption and<br />
revenue. By revenue, Asia Pacific accounts for a whopping 65% of the overall lyocell fiber market. <strong>Lyocell</strong> is<br />
used in woven as well as nonwoven products and China and India being leading exporters of textiles, are also<br />
major consumers of lyocell fibers. While Asia Pacific is primarily driven by the growth of the technical textiles<br />
Transparency <strong>Market</strong> Research<br />
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