Market Overview:
The global hemp fiber market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hemp fiber from various applications such as textiles, pulp & paper, composites materials and others. Hemp fibers are also being used in various end-use industries such as automotive, construction and others which is further propelling the growth of this market.
Product Definition:
Hemp Fiber is the fiber of the Cannabis Sativa plant. Hemp fiber has a wide variety of uses, including clothing, construction materials, and automotive parts. Hemp fiber is also used in papermaking and as a food additive. The importance of hemp fiber lies in its versatility and durability.
Long (bast) Fibers:
Long fibers or bast fibers are the longer, thinner, and more robust form of fiber. Longer fibers will grow to larger lenghts while short fibers will grow to smaller lenghts under given conditions. The long fiber is usually found in the outer portion of a hemp stalks and can be easily separated from the rest of hemp stalks using hands or mechanical separation devices like flax seeds sorting machines.
Short (core) Fibers:
Short (core) fibers are the innermost part of the hemp stalks and they possess excellent absorbent properties. Short fiber length is between 0.3 to 3 mm, depending upon variety and harvesting season. These fibers are used in various end-use industries such as personal care, industrial cleaning products, upholstery fabrics among others owing to their superior characteristics such as high absorption rate, durability along with softness and elasticity.
Application Insights:
The textile segment accounted for more than 50.0% share of the global revenue in 2017. Hemp fiber, which is derived from the bast plant, is widely used to manufacture textiles and apparel products due to its superior properties including breathability, UV protection, moisture management and resistance against abrasion. In addition, a high proportion of mineral oils in conventional cotton fibers makes them less absorbent compared to hemp fibers which are free from such harmful chemicals.
Hemp fabric is also suitable for manufacturing technical clothing owing to its ability to block out viruses and bacteria that cause colds and other respiratory diseases. Moreover, it contains natural antioxidants called terpenes that prevent the formation of carcinogenic compounds when exposed to UV light or fire retardant when exposedto flame retardants commonly used in household fabrics like polyurethane or vinyl chloride copolymers among others during production process as well as after production process useage (involving fire safety clothing).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China, India, Japan, South Korea, Taiwan are some of the major countries that contribute to regional growth. China is one of the largest producers and exporters of hemp products globally owing to favorable government policies encouraging industrial development in this sector coupled with increasing demand from other industries such as textiles and composite materials.
The European market for hemp fiber was valued at USD X billion in 2017 on account of growing production facilities set up by manufacturers across Germany, Italy, France Spain among other Eastern European countries which have a well-established manufacturing industry base along with developed economy & consumer markets making it an attractive destination for investors looking to establish their business units within Europe itself or even from outside Europe's borders (i.e., Asia).
Growth Factors:
- Increasing demand from textile and apparel industries for hemp fiber as a natural and sustainable alternative to synthetic fibers.
- Growing popularity of hemp-based products for their environmental sustainability and health benefits.
- Rising awareness about the potential uses of hemp fiber in a variety of applications, including construction, automotive, and packaging materials.
- Development of new processing technologies that make it easier to extract usable fibers from the hemp plant stalk.
- Expansion of the global market for CBD oil, which is derived from Hemp stalk, creating additional demand for Hemp Fiber
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp Fiber Market Research Report
By Type
Long (bast) Fibers, Short (core) Fibers, Others
By Application
Textiles, Pulp & Paper, Composite Materials, Others
By Companies
HempFlax, Cavac Biomatériaux, BaFa, Hemp Planet, Dunagro, American Hemp, Hempline, Hemp Inc, OOO? ??????? ????Above, CaVVaS, Shanxi Greenland Textile, YAK Technology, Shenyangbeijiang, Tianyouhemp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hemp Fiber Market Report Segments:
The global Hemp Fiber market is segmented on the basis of:
Types
Long (bast) Fibers, Short (core) Fibers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Textiles, Pulp & Paper, Composite Materials, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HempFlax
- Cavac Biomatériaux
- BaFa
- Hemp Planet
- Dunagro
- American Hemp
- Hempline
- Hemp Inc
- OOO? ??????? ????Above
- CaVVaS
- Shanxi Greenland Textile
- YAK Technology
- Shenyangbeijiang
- Tianyouhemp
Highlights of The Hemp Fiber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Long (bast) Fibers
- Short (core) Fibers
- Others
- By Application:
- Textiles
- Pulp & Paper
- Composite Materials
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hemp Fiber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hemp fiber is a type of natural fiber that comes from the stalks and seeds of the hemp plant. It has a low tensile strength, making it difficult to break or tear. Hemp fiber is also high in cellulose, which makes it an excellent source of dietary fiber.
Some of the major players in the hemp fiber market are HempFlax, Cavac BiomatƒÂ©riaux, BaFa, Hemp Planet, Dunagro, American Hemp, Hempline, Hemp Inc, OOO? ??????? ????Above, CaVVaS, Shanxi Greenland Textile, YAK Technology, Shenyangbeijiang, Tianyouhemp.
The hemp fiber market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hemp Fiber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hemp Fiber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hemp Fiber Market - Supply Chain
4.5. Global Hemp Fiber Market Forecast
4.5.1. Hemp Fiber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hemp Fiber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hemp Fiber Market Absolute $ Opportunity
5. Global Hemp Fiber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hemp Fiber Market Size and Volume Forecast by Type
5.3.1. Long (bast) Fibers
5.3.2. Short (core) Fibers
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hemp Fiber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hemp Fiber Market Size and Volume Forecast by Application
6.3.1. Textiles
6.3.2. Pulp & Paper
6.3.3. Composite Materials
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hemp Fiber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hemp Fiber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hemp Fiber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hemp Fiber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hemp Fiber Demand Share Forecast, 2019-2026
9. North America Hemp Fiber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hemp Fiber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hemp Fiber Market Size and Volume Forecast by Application
9.4.1. Textiles
9.4.2. Pulp & Paper
9.4.3. Composite Materials
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hemp Fiber Market Size and Volume Forecast by Type
9.7.1. Long (bast) Fibers
9.7.2. Short (core) Fibers
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hemp Fiber Demand Share Forecast, 2019-2026
10. Latin America Hemp Fiber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hemp Fiber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hemp Fiber Market Size and Volume Forecast by Application
10.4.1. Textiles
10.4.2. Pulp & Paper
10.4.3. Composite Materials
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hemp Fiber Market Size and Volume Forecast by Type
10.7.1. Long (bast) Fibers
10.7.2. Short (core) Fibers
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hemp Fiber Demand Share Forecast, 2019-2026
11. Europe Hemp Fiber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hemp Fiber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hemp Fiber Market Size and Volume Forecast by Application
11.4.1. Textiles
11.4.2. Pulp & Paper
11.4.3. Composite Materials
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hemp Fiber Market Size and Volume Forecast by Type
11.7.1. Long (bast) Fibers
11.7.2. Short (core) Fibers
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hemp Fiber Demand Share, 2019-2026
12. Asia Pacific Hemp Fiber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hemp Fiber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hemp Fiber Market Size and Volume Forecast by Application
12.4.1. Textiles
12.4.2. Pulp & Paper
12.4.3. Composite Materials
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hemp Fiber Market Size and Volume Forecast by Type
12.7.1. Long (bast) Fibers
12.7.2. Short (core) Fibers
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hemp Fiber Demand Share, 2019-2026
13. Middle East & Africa Hemp Fiber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hemp Fiber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hemp Fiber Market Size and Volume Forecast by Application
13.4.1. Textiles
13.4.2. Pulp & Paper
13.4.3. Composite Materials
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hemp Fiber Market Size and Volume Forecast by Type
13.7.1. Long (bast) Fibers
13.7.2. Short (core) Fibers
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hemp Fiber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hemp Fiber Market: Market Share Analysis
14.2. Hemp Fiber Distributors and Customers
14.3. Hemp Fiber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HempFlax
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cavac Biomatériaux
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BaFa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hemp Planet
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dunagro
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. American Hemp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hempline
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hemp Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OOO? ??????? ????Above
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CaVVaS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanxi Greenland Textile
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. YAK Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shenyangbeijiang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tianyouhemp
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
