Hemp Fiber Market Value, Scope & Growth Outlook 2030

 


Overview of the Global Hemp Fiber Market:

The Global Hemp Fiber Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.

What will be the market size of Global Hemp Fiber market 2030?

The Global Hemp Fiber Market size was valued at around USD 11 Billion in 2024 and is expected to reach USD 36 Billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 22% during the forecast period, i.e., 2025-30.

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Who are the top companies operating in the Hemp Fiber market?

The report features prominent companies operating in the Hemp Fiber market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Hemp Fiber market: Hemp Inc., Hemp Flax Group B.V., Konoplex LLC, Dun Agro Hemp Group, South Hemp SpA, Parkland Industrial Hemp Growers Co-Op. Ltd., American Hemp LLC, Colorado Hemp Works, Inc., Canah International, Enviro Textiles LLC., Hempro International, Ecofibre Inc., Valley Bio Ltd., Hemp Meds Brasil, Boring Hemp Company, and Others

What is the key factor projected to fuel growth in the Hemp Fiber Market between 2025 and 2030?

Demand for Organic Products Fueling the Market – The concerns related to environmental safety have increased rapidly around the world. This has led to the rise in the usage of plant-based raw materials, which has ultimately increased the demand for hemp fibers. These fibers are non-polluting, recyclable, and biodegradable. Therefore, their demand has rapidly increased in the market. Additionally, they are found in the outer part of the plant, including the bark, and the process for their extraction is simpler, hence making it a reliable source for the market.

Being eco-friendly and a plant-based material, hemp is a better alternative to traditional fibers and synthetic raw materials. The preference for organic and green products over synthetic ones due to environmental concerns boosts their demand in this market. In addition, the awareness of sustainability leads to the use of biodegradable materials, which also prove to be renewable energy resources, contributing to enhancing market growth. Moreover, hemp is preferred over the other fibers as, in their production, they hardly need any herbicides to protect their crops, require less land than other crops, and expel negligible toxic materials into the soil. Therefore, there is a high demand for hemp fiber leading to the growth in this market.

Hemp Fiber Market - Segmentation Analysis

  • By Application (Textiles [Clothing, Home Goods, Footwear], Pulp & Paper, Composite Material, Insulation, Animal Bedding, Bio composites, Construction Material, Others)
  • By Type (Long {Bast} Fibers, Short {Core} Fibers)
  • By Source (Organic, Conventional) and Others

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This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.

Comprehensive Table of Contents – Hemp Fiber Market Analysis and Forecast, 2030

  1. Table 1: Introduction
  2. Table 2: Executive Summary
  3. Table 3: Market Regulations, Policies & Standards
  4. Table 4: Hemp Fiber Market Size, Share & Scope, 2020-2030F
  5. Table 5: Market Trends & Developments
  6. Table 6: Market Dynamics (Key Drivers, and Challenges)
  7. Table 7: Market Hotspots & Opportunities
  8. Table 8: Market Value Chain Analysis
  9. Table 9: Market Outlook, 2020-2030F
  10. Table 10: Market Size & Analysis by Revenues (USD Million): 
  11. Table 11: Market Size & Forecast 2020–2030 by Segmentation
  12. Table 12: Market Size & Forecast 2020–2030 by Geography
  13. Table 13: Key Strategic Imperatives for Success & Growth
  14. Table 14: Competitor Analysis of Hemp Fiber Companies

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Key Benefits for Industry Participants and Stakeholders

  • Insight into emerging market trends and investment opportunities
  • Understanding of regional market dynamics and competitive landscapes
  • Data-driven forecasts to support strategic decision-making
  • Access to industry benchmarks for performance evaluation
  • Identification of potential risks and growth challenges

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About Us:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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