MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Hemp Fiber Market Research Report: Forecast (2025-2030). This report provides a detailed assessment of the Hemp Fiber Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2020–23
  • Base Year: 2024
  • Forecast Years: 2025–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/hemp-fiber-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

Hemp Fiber Market Outlook

According to the report, The Global Hemp Fiber Market size was valued at around USD 11 Billion in 2024 and is expected to reach USD 36 Billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 22% during the forecast period, i.e., 2025-30. In recent years, awareness regarding environmental issues has increased globally.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Hemp Fiber Market Drivers:

Demand for Organic Products Fueling the Market – The concerns related to environmental safety have increased rapidly around the world. This has led to the rise in the usage of plant-based raw materials, which has ultimately increased the demand for hemp fibers. These fibers are non-polluting, recyclable, and biodegradable. Therefore, their demand has rapidly increased in the market. Additionally, they are found in the outer part of the plant, including the bark, and the process for their extraction is simpler, hence making it a reliable source for the market.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/hemp-fiber-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

Hemp Fiber Market Trends:

Hemp-Based Electronic Textiles Gaining Traction – With the rising awareness of sustainable, reusable, and durable resources for industrial purposes, hemp fibers have become a suitable option due to their natural origin. This results in the increased shelf-life of products made up of hemp fibers. As per a recent research report, in 2023, electronic textiles are gaining popularity in wearable technology, in which the hemp fibers are coated on graphene oxide and polypyrrole. These are biocompatible for making an electrode that signals to the tracer device according to the body movements, an alternative to replace synthetic textiles, and to improve the quality. There is a need for a natural alternative with more tensile strength and biodegradable properties that make these hemp-based products to be in high demand. Thus, hemp fiber has become the trending alternative for replacing traditional fiber alternatives.

Hemp Fiber Market Segmentation

The study categorizes the Hemp Fiber Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Application

  • Textiles
    • Clothing
    • Home Goods
      • Curtains
      • Carpets
      • Rugs
      • Others
    • Footwear
  • Pulp & Paper
  • Composite Material
  • Insulation
  • Animal Bedding
  • Bio composites
  • Construction Material
  • Others

By Type

  • Long (Bast) Fibers
  • Short (Core) Fibers

By Source

  • Organic
  • Conventional
  •  

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

  • North America
  • South America
  • The Middle East & Africa
  • Europe
  • Asia-Pacific

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/hemp-fiber-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Hemp Fiber Market Worldwide: Players, Analysis & Future Outlook

Hemp Inc., Hemp Flax Group B.V., Konoplex LLC, Dun Agro Hemp Group, South Hemp SpA, Parkland Industrial Hemp Growers Co-Op. Ltd., American Hemp LLC, Colorado Hemp Works, Inc., Canah International, Enviro Textiles LLC., Hempro International, Ecofibre Inc., Valley Bio Ltd., Hemp Meds Brasil, Boring Hemp Company, and Others are the top companies in the Hemp Fiber Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/hemp-fiber-market.html  

Frequently Asked Questions (FAQ)

  1. What is the projected growth rate of the Hemp Fiber Market?
    2. What are the major factors driving this market’s growth?
    3. Which regions are expected to lead the Hemp Fiber Market?
    4. Who are the prominent players in the Hemp Fiber Market?
    5. How is the competition structured in this market?
    6. How can I access the full report?

About Us

MarkNtel Advisors is a trusted global market research and consulting company providing intelligence across the fast-moving consumer goods (FMCG) landscape, covering consumer goods, food & beverage, personal care, and retail sectors. We analyze market trends, consumer behaviors, and innovation patterns to guide brands in optimizing product portfolios and retail strategies. Our Custom Market Analysis delivers business-specific insights that empower companies to expand market presence, enhance consumer engagement, and achieve profitable growth in competitive FMCG environments.

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