The forecast for Rayon, Acetate, and Lyocell manufactured fibers sales in the US shows a decline from $1.1294 billion in 2024 to $0.81407 billion by 2028. The sales in 2023 stood at approximately $1.23 billion. This indicates a year-on-year decrease, with notable drops each year: 7.2% in 2025, 7.6% in 2026, 8.1% in 2027, and 8.6% in 2028.
Over these five years, the compound annual growth rate (CAGR) indicates a continuous negative trend. This suggests a deceleration in demand or a shift to alternative materials.
Future trends to watch for:
- Shifts in consumer preferences toward sustainable textiles.
- Technological advancements in fiber production enhancing cost efficiency.
- Regulatory changes impacting market dynamics.
