Hybrid Cell Market Will Grow At Highest Pace Owing To Increasing Demand For Sustainable Apparel
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Hybrid Cell Market |
The hybrid cell market comprises products made from a blend of natural and synthetic fibers. Hybrid cell fibers offer advantages of both synthetic and natural fibers such as enhanced strength, durability, breathability and comfort. Being eco-friendly, hybrid cell products are widely used in various apparel such as shirts, pants, jackets etc. The global apparel industry is moving towards more sustainable options which is fueling demand for hybrid cell materials. Growing environmental consciousness among consumers is further propelling the adoption of hybrid cell in the textile space.
The
Global Hybrid Cell Market is estimated to be valued at US$ 3.59 Mn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the hybrid cell market are Unifi, Martex Fiber, I:CO,
Renewcell, Lone Star Textiles, Retex Textiles, Leigh Fibers, Prokotex,
Santanderina Group, Kirklees Wools. These players are focusing on expanding
their hybrid cell product portfolio and global footprint to tap the growing
market potential.
The Hybrid
cells Market Size is driven by rising demand for apparel made from
eco-friendly and sustainable materials. Changing lifestyles and growing health
consciousness have increased adoption of hybrid cell fabrics that offer
moisture-wicking and breathability. Several apparel brands are launching new
product lines made from hybrid cell to cater to sustainability-oriented
customers.
Rapid advances in fiber-making technologies are further fueling the hybrid cell
industry. Players are investing in research & development to come up with
innovative hybrid cell formulations with improved functional properties. New
production techniques help lower manufacturing costs and increase the supply of
hybrid cell products.
Market Trends
Growing adoption of circular economy practices in the textile sector will
promote use of hybrid cell. Recycled or biodegradable hybrid cell incorporating
pre-consumer or post-consumer waste is a major trend.
Consumer preference for multi-functional performance apparel is another key
trend boosting demand. Hybrid cell mixtures offering features like
UV-protection, water-resistance etc. are gaining traction.
Market Opportunities
Rising focus on developing regions like Asia and Latin America presents
lucrative opportunities for hybrid cell companies. These regions contribute
significantly to the global apparel industry.
Penetration into non-apparel sectors like home textiles, healthcare and
industrial textiles opens new application areas for hybrid cell producers.
Impact of COVID-19 on Hybrid Cell Market
Growth:
The COVID-19 pandemic has slowed down the growth of the hybrid cell market in
the initial months of 2020. Lockdowns imposed by various governments led to the
closure of manufacturing facilities and disruptions in the supply chain, thus
impacting the production of hybrid cell materials. The textile industry
witnessed a decline in demand due to reduced spending by consumers and halted
operations of end-use sectors like apparel and fashion. However, as
restrictions are eased now, the hybrid cell market is projected to pick up pace
again in 2021. Market players are focusing on expanding their online presence
and pursuing new opportunities in medical textiles to offset losses from
traditional end-uses. The growing need for sustainable fabrics for apparel and
rising consumer awareness about recycled and eco-friendly materials will aid
the recovery of the hybrid cell market post pandemic.
Geographical Regions with High Hybrid
Cell Market Value:
Europe accounts for the largest share of the global hybrid cell market in terms
of value. The presence of leading textile producers in countries like Germany,
Italy, UK, and Spain has propelled the demand for hybrid cell materials in the
region. Europe has stringent regulations regarding wastewater discharge and
encourages the use of renewable and recycled textile fibers. Asia Pacific is
another major regional market concentrated with players in the hybrid cell
industry. Rising apparel exports from China, India, Bangladesh and Vietnam
supplements the growth of the hybrid cell market in Asia Pacific.
Fastest Growing Regional Market for
Hybrid Cells:
The hybrid cell market in North America is anticipated to expand at the fastest
rate during the forecast period. Growing environmental consciousness among
consumers and producers is driving the adoption of hybrid cell technology in
the US and Canada. Major apparel brands are sourcing sustainable fabrics to
meet the demands of environmentally aware customers in the region. Also,
supportive government policies and initiatives to develop a circular economy
provide a boost to the growth prospects of the hybrid cell market in North
America.
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