Set for substantial expansion, the ASEAN alpaca fiber market is projected to grow at a compound annual growth rate (CAGR) of 6.2 per cent from 2025 to 2035 to reach a valuation of $320.4 million by 2035.
This growth will be fueled a rising demand for sustainable, high-quality natural fibers in the textile and fashion sectors. Known for its softness, durability, and excellent thermal insulation, alpaca wool is driving its use in luxury apparel, home textiles, and accessories.
As sustainable fashion trends gain momentum and fiber processing technologies advance,
ASEAN nations are becoming significant players in the global alpaca fiber industry. The worldwide shift towards ethical and environmentally friendly fashion is boosting demand for alpaca fiber. Its hypoallergenic, lightweight nature, coupled with superior thermal properties, makes it highly desirable.
With their robust textile manufacturing infrastructure, ASEAN countries are leveraging their capabilities to process and produce alpaca fiber. The ASEAN alpaca fiber market features a blend of domestic and international companies, all competing to capture a growing consumer base.
Government policies supporting eco-friendly industries and sustainable agriculture are further encouraging the adoption of alpaca fiber in the region. Innovations in fiber sorting, grading, and blending techniques are improving the quality and efficiency of alpaca fiber production.
