A recent study by BCC Research forecasts, the global market for sustainable fabrics will reach $27.8 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.1 per cent from 2024-29. This rise is driven by a combination of factors, including increasing environmental concerns within the textile industry, the growing popularity of organic and eco-friendly fashion, and heightened awareness of health risks associated with textile chemicals.
The sustainable fabric market is segmented by material, application, and region, with the clothing sector set to maintain its dominance through 2029. Asia-Pacific leads the market, accounting for nearly 40 per cent of the global share. The region's prominence is due to its large apparel and textile manufacturing hubs, including China, India, and Bangladesh, among other countries. A shift toward sustainable production practices is gaining traction across the Asia-Pacific, spurred by rising consumer demand for environmentally friendly products.
As sustainability becomes a priority in fashion, more manufacturers in the Asia-Pacific region are investing in greener practices, reflecting a broader global trend towards eco-conscious production. This shift is helping to reshape the industry, as consumers increasingly favor sustainable options in their clothing choices, pushing brands and manufacturers to adopt more responsible practices.
Overall, the growing focus on sustainability, health, and eco-friendly fashion is expected to drive significant growth in the global market for sustainable fabrics, making it a key area of interest for industry stakeholders in the years ahead.
