The Business Research Company’s Hemp Fiber Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Hemp FiberGlobal Market Report 2023evaluates hemp fiber market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global hemp fiber market size grew from $7.94 billion in 2022 to $10.94 billion in 2023 at a compound annual growth rate (CAGR) of 37.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hemp fiber market size is expected to grow to $36.21 billion in 2027 at a CAGR of 34.9%.
The hemp fiber market segments in the report are:
By Type
Long (bast) Fibers
Short (core) Fibers
By Source
Organic
Conventional
By Application
Food
Beverages Personal Care Products
Textiles
Pharmaceuticals
Other Applications
Top Major Players:
Hempco
Ecofibre
Hemp Inc
GenCanna
HempFlax BV
Asia-Pacific was the largest region in the hemp fiber market in 2022.
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The table of contents in TBRC’s hemp fiber market report includes:
1. Executive Summary
2. Hemp Fiber Market Characteristics
3. Hemp Fiber Market Trends And Strategies
4. Hemp Fiber Market – Macro Economic Scenario
5. Hemp Fiber Market Size And Growth
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26. Africa Hemp Fiber Market
27. Hemp Fiber Market Competitive Landscape And Company Profiles28. Key Mergers And Acquisitions In The Hemp Fiber Market
29. Hemp Fiber Market Future Outlook and Potential Analysis
30. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Hemp Fiber Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Hemp Fiber Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Hemp Fiber Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Figure 46: Hempco Financial Performance
Figure 47: Ecofibre Financial Performance
Figure 48: Hemp Inc Financial Performance
Figure 49: GenCanna Financial Performance
Figure 50: HempFlax BV Financial Performance
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