news
Market News

Bio-Based Textiles Market To Reach US$ 17.31 Billion By 2034, Driven By Sustainability And Innovation

The global bio-based textiles market is set for robust expansion, projected to reach US$ 17.31 billion by 2034 from US$ 5.80 billion in 2024, according to Polaris Market Research. This reflects a compound annual growth rate of 11.6% over the decade. Rising environmental awareness, mounting climate concerns, and stricter regulations on synthetic fibbers are accelerating the transition toward renewable, biodegradable textile alternatives.

Material Innovations and Sources

Bio-based textiles are produced from renewable biological resources, including plants, animals, algae, and microorganisms, offering significantly reduced carbon footprints compared to petroleum-based fabrics. Plant-based fibres such as organic cotton, hemp, flax, bamboo, and jute dominate the market due to their abundance and biodegradability. Agricultural by-products like pineapple leaves, banana stems, and orange peels are increasingly being upcycled into durable, high-performance fabrics. Animal-derived fibres, including wool and silk, are being reimagined through ethical sourcing, while innovations in lab-grown leather and spider silk proteins expand sustainable options. Microbial and bioengineered sources, such as bacterial cellulose and fungal mycelium, are emerging as scalable solutions that require minimal land and water.

Market Drivers and Policy Support

Consumer demand for sustainable fashion, particularly among millennials and Gen Z, is a key growth driver. Fast fashion’s environmental toll such as excessive water use, pollution, and textile waste has pushed brands to adopt renewable materials. Governments are reinforcing the shift through extended producer responsibility policies, carbon taxes, and bans on single-use plastics, while offering subsidies for sustainable manufacturing.

The industry’s trajectory reflects a broader global movement toward low-impact textiles. As brands invest in circular economy models and bio-based innovations, these materials are expected to move from niche to mainstream across apparel, home textiles, and industrial applications.

Consumer demand for sustainable fashion, particularly among millennials and Gen Z, is a key growth driver. Fast fashion’s environmental toll such as excessive water use, pollution, and textile waste has pushed brands to adopt renewable materials. Governments are reinforcing the shift through extended producer responsibility policies, carbon taxes, and bans on single-use plastics, while offering subsidies for sustainable manufacturing.

giriraj singh launches carbon footprint assessment book for handloom sector

turning waste into wealth how circular textile strategies could unlock us$50 billion and 180,000 jobs

Subscribe To Textile Excellence Print Edition

If you wish to Subscribe to Textile Excellence Print Edition, kindly fill in the below form and we shall get back to you with details.