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Non-wood Fiber Market

Non-wood Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

Non-wood Fiber Market: Overview

The non-wood fiber market is predicted to continue to rise at a steady rate over the forecast period from 2020 to 2030. Firstly, continual rise in demand of non-wood fiber for papermaking is extending opportunities to the growth of non-wood fiber market. Shift in practices of the paper and pulp industry for procurement of raw material is a key factor stirring demand for non-wood fiber. Dependency of the paper and pulp industry on wood has implications such as contamination of the environment, dearth of resources, and need for advanced technical equipment.

The non-wood fiber market is segmented on the basis of category, source, and application in this report.

The report provides an in-depth assessment of the non-wood fiber market for the 2020 – 2030 forecast period. It covers demand dynamics, trends, and opportunities along with insights into key segments of the non-wood fiber market. Furthermore, the report examines the regional landscape of the non-wood fiber market, including growth rate projections of key regions of the market over the forecast period. Lastly, the report features exclusive assessment of the competitive landscape of non-wood fiber market. This includes insights into growth strategies of key players along with their market share projections over the forecast period.

Non-wood Fiber Market: Competitive Landscape

The non-wood fiber market is largely consolidated with some large players that hold sizeable share of the market. Key players operating in the non-wood fiber market include Shanghai Tenbro Bamboo Textile Co. Ltd., EcoPlanet Bamboo, Chempolis, Bamboo Australia Pty Ltd., Jiangxi Kangda Bamboo Ware Group Co. Ltd., and others.

Non-wood Fiber Market: Key Trends

Advantages of relatively easy cultivation of non-wood fiber over wood fiber, along with environmental benefits is attracting investments for its cultivation. Non-wood fiber requires less water and fertilizers, can reduce deforestation, and can help reduce emissions associated with burning of agricultural waste. Besides this, non-wood fiber possesses a number of excellent optical and physical properties that makes it attractive for paper products. Currently, non-wood fiber accounts for a small share of raw material for paper products, however, its use is predicted to increase notably in the future.

Increasing preference of bamboo as a non-wood fiber material for the manufacture of paperboard and pulp is a prominent trend observed in the non-wood fiber market. Bamboo is finding use as an important raw material in papermaking in order to reduce the dependency on wood resources.

However, on the downside, logistics and handling problems of non-wood fiber are limiting its use for paperboard and paper products. Collection and transportation, bleaching, washing and chemical treatment, and handling and storage are some difficulties associated with non-wood fiber, which limits their use. Furthermore, risk of non-availability of non-wood fiber due to disruption in production cycle restrains growth in the non-wood fiber market.

Non-wood Fiber Market: Regional Assessment

Asia Pacific is at the fore among key regions in the non-wood fiber market and is expected to maintain supremacy over the forecast period. Population explosion and economic growth in some parts of the region has led to surge in demand for paperboard and paper products. Depleting wood resources and environmental implications of deforestation is necessitating alternate raw material sources for these products. This strengthens growth in non-wood fiber market in the region.

North America and Europe are key regions in the non-wood fiber market and are expected to continue to maintain their foothold over the forecast period. Factors such as environmental deterioration, disposal of agricultural residues, and depleting forest reserves are necessitating sustainable alternatives for the paper industry. This is spelling growth in non-wood fiber market of these regions.

Non-wood Fiber Market

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