1. Global Manmade Cellulosic Fiber Market Revenue by Region
From 2018 to 2023, the global manmade cellulosic fiber market revenue exhibited substantial growth, particularly in the Asia-Pacific region, which generated revenues of $13,212.43 million in 2018 and experienced a rise to $14,095.26 million by 2023. Europe and North America also demonstrated consistent growth; Europe’s revenue increased from $1,846.17 million in 2018 to $1,913.46 million in 2023, while North America’s revenue grew from $540.68 million to $543.86 million over the same period. South America and the Middle East & Africa, despite having smaller market revenues, showed progress, with South America’s revenue rising from $207.60 million to $240.58 million, and the Middle East & Africa growing from $147.56 million to $161.55 million. This growth underscores the expanding global demand for man-made cellulosic fibers, with the Asia-Pacific region being a significant revenue driver.
Table Global Manmade Cellulosic Fiber Revenue (M USD) by Regions (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
North America | 540.68 | 493.90 | 385.88 | 502.70 | 524.69 | 543.86 |
Europe | 1846.17 | 1698.94 | 1335.78 | 1744.86 | 1838.62 | 1913.46 |
Asia Pacific | 13212.43 | 12277.00 | 9740.73 | 12769.00 | 13504.69 | 14095.26 |
South America | 207.60 | 194.87 | 156.59 | 207.54 | 225.81 | 240.58 |
Middle East and Africa | 147.56 | 136.43 | 110.90 | 149.12 | 158.13 | 161.55 |
Total | 15954.45 | 14801.13 | 11729.88 | 15373.23 | 16251.94 | 16954.71 |
The revenue market share of manmade cellulosic fiber in North America has shown a slight decrease from 3.39% in 2018 to 3.21% in 2023, indicating a modest yet stable presence in the global market. Europe has maintained a consistent share, starting at 11.57% in 2018 and only slightly decreasing to 11.29% in 2023, demonstrating a strong and steady position within the industry. The Asia-Pacific region has been the most dominant, beginning at 82.81% in 2018 and increasing to 83.13% in 2023, which underscores the region’s significant contribution to the global man-made cellulosic fiber market. South America and the Middle East & Africa have held relatively smaller but stable shares, with South America fluctuating slightly from 1.30% to 1.42%, and the Middle East & Africa remaining around 0.92% to 0.95%. These figures collectively reflect the varying levels of market penetration and growth potential across regions in the global man-made cellulosic fiber industry.
Table Global Manmade Cellulosic Fiber Revenue Market Share by Regions (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
North America | 3.39% | 3.34% | 3.29% | 3.27% | 3.23% | 3.21% |
Europe | 11.57% | 11.48% | 11.39% | 11.35% | 11.31% | 11.29% |
Asia Pacific | 82.81% | 82.95% | 83.04% | 83.06% | 83.10% | 83.13% |
South America | 1.30% | 1.32% | 1.34% | 1.35% | 1.39% | 1.42% |
Middle East and Africa | 0.92% | 0.92% | 0.95% | 0.97% | 0.97% | 0.95% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
2. Global Manmade Cellulosic Fiber Market Sales by Region
The global sales of manmade cellulosic fiber from 2018 to 2023 showcase a notable upward trajectory across all regions. Asia-Pacific has dominated the market, starting with 5,556 K Tons in 2018 and reaching 6,356 K Tons by 2023, reflecting its robust market demand and growth potential. Europe has also seen a healthy increase, from 750 K Tons to 842 K Tons over the same period, indicating a steady growth in the region’s textile and related industries. North America has maintained a consistent growth, with sales rising from 216 K Tons to 236 K Tons by 2023. South America and the Middle East & Africa, while starting from a lower base, have also exhibited growth, reaching 110 K Tons and 79 K Tons, respectively, by 2023.
Table Global Manmade Cellulosic Fiber Sales (K Tons) by Regions (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
North America | 216 | 230 | 210 | 228 | 226 | 236 |
Europe | 750 | 795 | 726 | 805 | 806 | 842 |
Asia Pacific | 5556 | 5904 | 5417 | 6033 | 6060 | 6356 |
South America | 89 | 96 | 87 | 99 | 103 | 110 |
Middle East and Africa | 67 | 70 | 65 | 75 | 76 | 79 |
Total | 6679 | 7094 | 6505 | 7240 | 7270 | 7622 |
The global sales market share of manmade cellulosic fiber across various regions from 2018 to 2023 demonstrates the Asia-Pacific region as the dominant player, with a market share consistently above 83% throughout the period, reaching a high of 83.39% in 2023. Europe follows as the second largest market, with a share that slightly decreases from 11.23% in 2018 to 11.05% in 2023. North America’s market share experiences a minor dip, starting at 3.24% in 2018 and ending at 3.09% in 2023. South America and the Middle East & Africa hold relatively smaller but stable shares, with South America increasing slightly from 1.34% to 1.44%, and the Middle East & Africa maintaining around 1%. This distribution highlights the Asia-Pacific region’s significant influence on the global man-made cellulosic fiber market, with other regions contributing to a smaller extent to the overall sales.
Table Global Manmade Cellulosic Fiber Sales Market Share by Regions (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
North America | 3.24% | 3.24% | 3.23% | 3.15% | 3.11% | 3.09% |
Europe | 11.23% | 11.20% | 11.16% | 11.12% | 11.08% | 11.05% |
Asia Pacific | 83.19% | 83.22% | 83.27% | 83.33% | 83.36% | 83.39% |
South America | 1.34% | 1.35% | 1.34% | 1.37% | 1.41% | 1.44% |
Middle East and Africa | 1.00% | 0.99% | 1.00% | 1.03% | 1.04% | 1.03% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
3. Asia-Pacific Manmade Cellulosic Fiber Market Analysis
The Asia-Pacific region has been the dominant contributor to the global man-made cellulosic fiber market, with both sales volume and revenue figures reflecting a significant growth trend from 2018 to 2023. In terms of sales volume, the region started with 5,556 K Tons in 2018 and experienced a substantial increase to 6,356 K Tons by 2023. Similarly, in terms of revenue, the Asia-Pacific region generated $13,212.43 million in 2018, which grew to $14,095.26 million by 2023. This upward trend indicates a thriving market for man-made cellulosic fibers in the Asia-Pacific region, which can be attributed to the growing demand from the textile industry and other applications in the area. The consistent growth in both sales and revenue underscores the region’s importance as a key player in the global man-made cellulosic fiber market.
Figure Asia-Pacific Manmade Cellulosic Fiber Sales (K Tons) and Growth Rate (2018-2023)
Figure Asia-Pacific Manmade Cellulosic Fiber Revenue (M USD) and Growth (2018-2023)
4. Europe Manmade Cellulosic Fiber Market Analysis
The European market for man-made cellulosic fiber has exhibited a steady growth trend between 2018 and 2023, with both sales volume and revenue increasing over the years. In 2018, the sales volume was 750 K Tons, and it grew to 842 K Tons by 2023, indicating a continuous demand for man-made cellulosic fibers in the region. Revenue-wise, Europe’s market contributed $1,846.17 million in 2018, which increased to $1,913.46 million by 2023. This growth suggests a healthy and expanding market for man-made cellulosic fibers in Europe. The consistent upward trend in both sales and revenue highlights Europe’s significant role in the global man-made cellulosic fiber market.
Figure Europe Manmade Cellulosic Fiber Sales (K Tons) and Growth Rate (2018-2023)
Figure Europe Manmade Cellulosic Fiber Revenue (M USD) Growth (2018-2023)
5. North America Manmade Cellulosic Fiber Market Analysis
The North American market for man-made cellulosic fiber has shown a modest but consistent growth trend between 2018 and 2023. In terms of sales volume, the region sold 216 K Tons in 2018 and increased its sales to 236 K Tons by 2023, demonstrating a steady uptake of these fibers in the region’s industries. Revenue-wise, North America generated $540.68 million in 2018, which grew to $543.86 million by 2023, indicating a relatively stable market with slight improvements over the five-year period. This growth underscores the region’s continuous demand for man-made cellulosic fibers, possibly due to their use in a variety of applications such as textiles, medical, and industrial products. Despite not being the largest market globally, North America’s consistent growth reflects its important role in the international man-made cellulosic fiber market.
Figure North America Manmade Cellulosic Fiber Sales (K Tons) and Growth Rate (2018-2023)
Figure North America Manmade Cellulosic Fiber Revenue (M USD) and Growth (2018-2023)
6. South America Manmade Cellulosic Fiber Market Analysis
From 2018 to 2023, the South American market for man-made cellulosic fiber has shown a gradual increase in both sales volume and revenue. In terms of sales volume, South America started with 89 K Tons in 2018 and experienced a growth to 110 K Tons by 2023. This indicates a steady demand for man-made cellulosic fibers in the region’s industries. In terms of revenue, the market generated $207.60 million in 2018 and increased to $240.58 million by 2023, reflecting a positive market trend and potential for further growth. This growth, albeit from a smaller base compared to other regions, highlights the region’s active participation in the global man-made cellulosic fiber market and suggests a promising future for the industry in South America.
Figure South America Manmade Cellulosic Fiber Sales (K Tons) and Growth Rate (2018-2023)
Figure South America Manmade Cellulosic Fiber Revenue (M USD) and Growth (2018-2023)
8. Middle East and Africa Manmade Cellulosic Fiber Market Analysis
The Middle East and Africa region has seen a gradual increase in both sales and revenue of man-made cellulosic fiber from 2018 to 2023. In terms of sales volume, the region started with 67 K Tons in 2018 and experienced a growth to 79 K Tons by 2023, indicating a steady demand for these fibers in the region’s industries. Revenue-wise, the Middle East and Africa generated $147.56 million in 2018, which increased to $161.55 million by 2023, reflecting a positive market trend and potential for further growth.
Figure Middle East and Africa Manmade Cellulosic Fiber Sales (K Tons) and Growth Rate (2018-2023)
Figure Middle East and Africa Manmade Cellulosic Fiber Revenue (M USD) and Growth (2018-2023)
