Key Market Indicators
Synthetic fiber consumption is projected to hit 48.3 million kilograms by 2028, up from 42.1 million kilograms in 2023. This represents an average annual growth rate of 2.2%. The demand for synthetic fibers has seen a year-on-year increase of 2.3%. In the rankings for synthetic fiber consumption, Italy, Poland, and the United Kingdom are positioned at numbers two, three, and four respectively.