The Skin Fibre Market is estimated to be valued at US$ 825.1 Mn or in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:-
Skin Fibres refers to fibres manufactured from animal skin and hide through chemical and mechanical processes. They are commonly used in textile and apparel industry to manufacture leather clothing, accessories and furnishing fabrics due to their inherent properties like strength, flexibility and breathability. Some key uses of skin fibres include manufacturing of gloves, jackets, shoes, bags and upholstery fabrics.
Market Dynamics:-
The rising demand for sustainable and biodegradable textiles from apparel and textile industry is a major growth driver for the skin fibre market. Growing consumer awareness about eco-friendly products and banning of animal testing has led textile manufacturers to look for more sustainable alternatives to regular fabrics. Additionally, rapid growth of online shopping and e-commerce is expected to boost the demand for various leather goods like bags and shoes, thereby fueling the market growth over the forecast period. However, high production cost of skin fibres compared to synthetic fabrics may restrain the market expansion.
Segment Analysis:-
The global Skin Fibre market can be segmented into bamboo fibres, soybean fibres, banana fibres and corn fibres. Bamboo fibres currently dominates the market with over 30% share owing to its high tensile strength, low water absorption and moisture wicking properties. Bamboo fibres provide excellent breathability and help regulate skin temperature during summers and winters.
PEST Analysis:-

• Political: The growth of sustainable fibres market is being driven by stringent government regulations against usage of synthetic fibres across different countries.
• Economic: The rising disposable incomes and growing per capita expenditure on premium skin care products is positively impacting the Skin Fibre market.
• Social: Increasing consumer awareness about harmful effects of synthetic fabrics and benefits of natural fibres is contributing to the growth of Skin Fibre market.
• Technological: Manufacturers are investing in R&D to develop advanced finishing technologies to enhance properties like smoothness, softness and shape retention of natural skin fibres.

Key Takeaways:-
The Global Skin Fibre Market Size is expected to witness high growth, exhibiting CAGR of 11% over the forecast period, due to increasing consumer preference for eco-friendly and sustainable fabrics. The Asia Pacific region dominated the global market in 2023 with over 40% share owing to rising exports from major producers including China, India and Thailand.
Regional analysis
The Asia Pacific region is projected to be the fastest growing market for Skin Fibres during the forecast period. China dominated the Asia Pacific market in 2023 with over 30% share due to presence of leading producers such as Tangshan Sanyou Group and China Bambro Textile.
Key players
Key players operating in the Skin Fibre market are DuPont de Nemours, Inc., Lenzing AG, Kelheim Fibres GmbH, Asahi Kasei Corporation, Grasim Industries Limited (Aditya Birla Group), Sateri Holdings Limited, Tangshan Sanyou Group Co., Ltd., Birla Cellulose (Aditya Birla Group), Indo Bharat Rayon (Aditya Birla Group), China Bambro Textile Co., Ltd.
 
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