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Seaweed Fabric Market

Seaweed Fabric Market Size, Share & Trends Analysis Report By Type (Kelp, Kombu, Sargassum) And Application (Textiles, Casual Sportswear & Activewear, Couture Clothing, Safety Clothing), Region And Segment Forecasts, 2023-2031

Report ID : 1824 | Published : 2023-05-25 | Pages: 180 | Format:

The Global Seaweed Fabric Market Size is predicted to witness a 10.2% CAGR during the forecast period for 2023-2031.

Seaweed fabrics are a type of bio-fabricated textile. This biopolymer material can be used in clothing manufacturing and is currently in the stage of research and development around the world rather than being introduced into the textile sector for mass production. The seaweed fabric is mostly utilized in safety garments with health-promoting properties, such as firefighter uniforms. Rising demand for environmentally friendly and sustainable materials, increased acceptance of seaweed fabrics in the textile sector, and rising R&D for seaweed fabric product design are important drivers driving market revenue growth.

Seaweed Fabric Market

However, according to the United Nations Industrial Development Organization (UNIDO), the COVID-19 pandemic has had a direct impact on seaweed producers due to decreasing raw material demand and lower prices. However, a developing body of research suggests that specific macro-algae components may be effective in immune boosting and cancer treatment, which has heightened global interest in seaweed. Furthermore, the increased need for healthy foods to preserve overall wellness and health will drive product demand in the approaching years. 

Competitive Landscape:

Some of the seaweed fabric market players are:

  • Vuori, Inc.
  • Zegna Baruffa Lane Borgosesia
  • Vitadylan
  • AlgiKnit
  • Smartfiber AG
  • Beyond Surface Technologies AG
  • Nanonic, Inc.
  • Huafang Co., Ltd.
  • Pangaia EU
  • Algalife 

Market Segmentation:

The Seaweed Fabric Market is segmented on the basis of type and application. Based on type, it is segmented as kelp, kombu, sargassum, and others. By application, the market is segmented into textiles, casual sportswear & activewear, couture clothing, safety clothing, and others.

Based On Type, The Kelp Segment Is Accounted As A Major Contributor To The Seaweed Fabric Market

The kelp category is expected to hold a major share of the global Seaweed Fabric Market in 2022. Kelp is a rapidly replenishing and rapidly growing type of seaweed or macro-alga, which is a plant that flourishes in cold coastal waters across the world, mainly in the northern hemisphere. Furthermore, kelp does not require cultivated soil, fresh water for irrigation, harmful fertilizers, or pesticides. Overfishing and deterioration have impacted ecological and economic ecosystems, which are being restored through the production of kelp, the generation of investment capital, and the rehabilitation of aquatic environments. As a result, major industry players are looking at how to use kelp seaweed as fabrics in a sustainable fashion. For example, Bioesters, a New York-based research team, used biopolymers derived from kelp to develop sustainable textiles. These are some of the primary elements influencing this segment's revenue growth.

The Casual Sportswear & Activewear Segment Witnessed Growth At A Rapid Rate

The casual sportswear & activewear segment is expected to grow at a significant rate in the global seaweed fabric market. Some companies are currently producing eco-friendly garments such as activewear and casual sportswear utilizing seaweed-based fabric, a more recent type of sustainable textile. This fabric is used to make everything from puffer jackets to entire clothing collections. Best heat and thermal insulation properties, good elasticity, strong antibacterial properties, high air permeability, and total material degradability are among the most significant performance benefits of seaweed fibers as biopolymer fibers, which is increasing demand for this fabric in casual sportswear and activewear production.

In The Region, The North America Seaweed Fabric Market Holds A Significant Revenue Share

The North America Seaweed Fabric Market is expected to register the highest market share in terms of revenue in the near future. This is due to increased investment, greater interest in environmental sustainability, and escalating product releases by big corporations in terms of product development of various types of seaweed fabrics. These variables are projected to boost revenue growth in this region's market. The European market accounted for a sizable revenue share. This is due to rising customer preference for eco-friendly fabric production and the use of recycled seaweed fibers in the fashion sector, as well as favorable government legislation and increased R&D efforts and initiatives. 

Seaweed Fabric Market Report Scope:

Report Attribute

Specifications

Growth rate CAGR

CAGR of 10.2% from 2023 to 2031

Quantitative units

Representation of revenue in US$ Billion, and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends

Segments covered

Type, Application

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia

Competitive Landscape

Vuori, Inc., Zegna Baruffa Lane Borgosesia, Vitadylan, AlgiKnit, Smartfiber AG, Beyond Surface Technologies AG, Nanonic, Inc., Huafang Co., Ltd., Pangaia EU, and Algalife.

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and available payment methods

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Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Seaweed Fabric Market Snapshot

Chapter 4. Global Seaweed Fabric Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product Type:

5.2.1. Kelp
5.2.2. Kombu
5.2.3. Sargassum
5.2.4. Others

Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:

6.2.1. Textiles
6.2.2. Casual Sportswear & Activewear
6.2.3. Couture Clothing
6.2.4. Safety Clothing
6.2.5. Others

Chapter 7. Seaweed Fabric Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.1.2. North America Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.1.3. North America Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.2. Europe

7.2.1. Europe Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.2.2. Europe Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.2.3. Europe Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.3. Asia Pacific

7.3.1. Asia Pacific Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.3.2. Asia Pacific Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.3.3. Asia Pacific Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.4. Latin America

7.4.1. Latin America Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.4.2. Latin America Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.4.3. Latin America Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

7.5. Middle East & Africa

7.5.1. Middle East & Africa Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
7.5.2. Middle East & Africa Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.5.3. Middle East & Africa Seaweed Fabric Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles


8.2.1. Vuori, Inc.
8.2.2. Zegna Baruffa Lane Borgosesia
8.2.3. Vitadylan
8.2.4. AlgiKnit
8.2.5. Smartfiber AG
8.2.6. Beyond Surface Technologies AG
8.2.7. Nanonic, Inc.
8.2.8. Huafang Co., Ltd.
8.2.9. Pangaia EU
8.2.10. Algalife
8.2.11. Other Prominent Players

Segmentation of Seaweed Fabric Market-

Seaweed Fabric Market By Type-

  • Kelp
  • Kombu
  • Sargassum
  • Others

Seaweed Fabric Market

Seaweed Fabric Market By Application-

  • Textiles
  • Casual Sportswear & Activewear
  • Couture Clothing
  • Safety Clothing
  • Others

Seaweed Fabric Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

 InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Seaweed Fabric Market?

Seaweed Fabric Market expected to grow at a 10.2% CAGR during the forecast period for 2023-2031.

Vuori, Inc., Zegna Baruffa Lane Borgosesia, Vitadylan, AlgiKnit, Smartfiber AG, Beyond Surface Technologies AG, Nanonic, Inc., Huafang Co., Ltd., Pang

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