Global Hemp Fiber Market Growth 2023-2029

Global Hemp Fiber Market Growth 2023-2029

Hemp is traditionally known as a fiber plant, and two kinds of fibers are derived from the hemp plant’s stalk. They are long (bast fibers) and the short (core fibers). The long, strong bast fibers are similar in length to soft wood fibers and are very low in lignin content (lignin is the “glue” that holds plants together). The short core fibers are more similar to hard wood fibers.

LPI (LP Information)' newest research report, the “Hemp Fiber Industry Forecast” looks at past sales and reviews total world Hemp Fiber sales in 2022, providing a comprehensive analysis by region and market sector of projected Hemp Fiber sales for 2023 through 2029. With Hemp Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hemp Fiber industry.

This Insight Report provides a comprehensive analysis of the global Hemp Fiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hemp Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hemp Fiber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hemp Fiber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hemp Fiber.

The global Hemp Fiber market size is projected to grow from US$ 230.1 million in 2022 to US$ 330.1 million in 2029; it is expected to grow at a CAGR of 330.1 from 2023 to 2029.

Global Hemp Fiber main players are Shanxi Greenland Textile, YAK Technology, Shenyangbeijiang, Tianyouhemp, etc. Global top four manufacturers hold a share over 50%. Europe is the largest market, with a share nearly 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of Hemp Fiber market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Long (bast) Fibers
Short (core) Fibers

Segmentation by application
Textiles
Pulp & Paper
Composite Materials
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HempFlax
Cavac Biomatériaux
BaFa
Hemp Planet
Dunagro
American Hemp
Hempline
Hemp Inc
OOO《 Патриот Агро》
CaVVaS
Shanxi Greenland Textile
YAK Technology
Shenyangbeijiang
Tianyouhemp

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hemp Fiber market?

What factors are driving Hemp Fiber market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hemp Fiber market opportunities vary by end market size?

How does Hemp Fiber break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.