The global lyocell fibers market size was US$ 1.3 billion in 2021. The global lyocell fibers market size is estimated to reach US$ 2.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.2% during the forecast period from 2022 to 2030.
Lyocell fibers are continuously utilized in the production of environment-friendly undergarments, ethical jeans, sustainable towels, and formal shirts. They are mixed with cotton, silk, polyester, rayon, nylon, linen, and wool. They are used across various applications like home textiles, apparel, medical and hygiene, filtration, and others. They have been shown to have improved antibacterial activity against various bacteria and fungi indicating promise in use in medicinal or sanitary products. These are utilized to make newborn diapers and surgical coats for doctors and nurses.

Factors Influencing Market Growth

- The growth in need for lyocell fibers from apparel textiles, homes, medical & hygiene, filtration, and other industries is anticipated to drive the overall market growth.
- Developments in the textile sector are the primary factor that drives the overall market growth.
- The availability of the substitute is expected to hinder the overall market growth.
- Eco-friendly production of lyocell fibers is anticipated to drive the overall market expansion.

Effect of the COVID-19 Pandemic

COVID-19 had a severe impact on the overall market expansion. The supply of apparel as well as the import and export of textiles. However, lyocell fibers are highly demanded in the medical sector as it is used for medical dressings such as patches, wound paddings, bandages, bandaging material, plaster padding fabrics, etc. Further, the rise in awareness about health and hygiene and growth in the medical sector have resulted in a surging demand for lyocell fibers since the pandemic.

Regional Analysis

Asia-Pacific is anticipated to record the highest growth during the analysis period. The growth is due to the extensive use of lyocell fibers in medicinal or sanitary products. These fibers are also used for sanitizing wipes and overnight bleaching in the food service sector.

Leading Competitors
The prominent players in the global lyocell fibers market are:
- Tamay Fiber
- Sateri Corporation
- Weiqiao Textile Company
- Shanghai Lyocell Fiber
- Aditya Birla Yarn
- Acegreen Eco-Green Material Technology
- Acelon Chemicals and Fibre Corporation
- Baoding Swan Fibre
- Chonbang
- China Populas Textile
- Others
Segmentation Analysis
The global lyocell fibers market segmentation focuses on Type, Application, and Region.
Segmentation on the basis of Type
- Staple Fibers
- Filament Fibers
- Others

Segmentation on the basis of Application
- Home Textile
- Medical and Hygiene
- Filtration
- Footwear
- Others
Segmentation on the basis of Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America