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Home > Chemical & Material > Hemp Fiber
Hemp Fiber

Hemp Fiber Market in India, Industry Outlook and Forecast 2024-2030

Hemp is traditionally known as a fiber plant, and two kinds of fibers are derived from the hemp plant’s stalk. They are long (bast fibers) and the sho

Report Code6508973
Publish Date2024-01-06
Pages62
CategoryChemical & Material
Chemical & Material

Report Overview

Hemp is traditionally known as a fiber plant, and two kinds of fibers are derived from the hemp plant’s stalk. They are long (bast fibers) and the short (core fibers). The long, strong bast fibers are similar in length to soft wood fibers and are very low in lignin content (lignin is the “glue” that holds plants together). The short core fibers are more similar to hard wood fibers.

This report contains market size and forecasts of Hemp Fiber in India, highlights the following information:

Sales of Hemp Fiber in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Hemp Fiber in India: Volume 2019 VS 2023 VS 2030, (K MT)

Sales of Hemp Fiber in India: Revenue Market Share by Company, 2019-2024

Sales of Hemp Fiber in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Hemp Fiber will continue to grow rapidly in the future.

The global Hemp Fiber market size was valued at 235.2 million in 2023 and is forecast to a readjusted size of US$ 334.5 million by 2030, with a CAGR of 5.1% during the forecast period 2024-2030.While the India Hemp Fiber market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Hemp Fiber's global value in 2030, from % in 2023.

Our research team has surveyed the Hemp Fiber manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Hemp Fiber Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K MT)

India Hemp Fiber Market Segment Percentages, By Type, 2023 (%)

Long (bast) Fibers

Short (core) Fibers

India Hemp Fiber Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K MT)

India Hemp Fiber Market Segment Percentages, By Application, 2023 (%)

Textiles

Pulp & Paper

Composite Materials

Others

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Hemp Fiber revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Hemp Fiber sales in India market, 2019-2024 (Estimated), (K MT)

Further, the report presents profiles of competitors in the market, key players include:

HempFlax

Cavac Biomatériaux

BaFa

Hemp Planet

Dunagro

American Hemp

Hempline

Hemp Inc

OOO《 Патриот Агро》

CaVVaS

Shanxi Greenland Textile

YAK Technology

Shenyangbeijiang

Tianyouhemp

market growth

Market Size Overview

USD Million

-

2026

-

2032

-

CAGR (2024-2032)
MARKET SIZE 2026
USD - MN
Million
MARKET SIZE 2032
USD - MN
Million
CAGR (2026-2032)
-
FASTEST GROWING REGION
Asia Pacific
LARGEST MARKET
Asia Pacific

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Regional Market Insights

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Asia Pacific
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China, Japan, South Korea, Southeast Asia, India

North America
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U.S., Canada, Mexico

Europe
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South America
South America

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Turkey, GCC Countries, Africa, etc.

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