Kenaf Fiber Market
The market for Kenaf Fiber was estimated at $726 million in 2024; it is anticipated to increase to $1.16 billion by 2030, with projections indicating growth to around $1.73 billion by 2035.
Global Kenaf Fiber Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Kenaf Fiber industry revenue is expected to be around $785.0 million in 2025 and expected to showcase growth with 8.2% CAGR between 2025 and 2034. The Kenaf Fiber market demonstrates strong growth patterns because it gains importance across multiple industries. The market shows an upward trend because of three main factors which include sustainability initiatives and technological advancements and the increasing demand for eco-friendly materials. The market continues to value Kenaf Fiber because of its multiple uses and its exceptional strength and durability characteristics.
The natural fiber extracted from Kenaf plants demonstrates light weight properties and high tensile strength and excellent absorbency. The textile industry and automotive sector and construction industry and paper industry use Kenaf Fiber because of its essential properties. The growing interest in sustainable biodegradable materials has increased the market demand for Kenaf Fiber.
Market Key Insights
- The Kenaf Fiber market is projected to grow from $725.5 million in 2024 to $1.60 billion in 2034. This represents a CAGR of 8.2%, reflecting rising demand across Textile Industry, Automotive Industry and Construction Material.
- International Fiber Corporation, Kenaf Industries of South Texas, Hempline Inc. are among the leading players in this market, shaping its competitive landscape.
- China and India are the top markets within the Kenaf Fiber market and are expected to observe the growth CAGR of 6.0% to 8.6% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Vietnam are expected to observe highest growth with CAGR ranging between 7.9% to 10.3%.
- Transition like Sustainable Manufacturing is expected to add $42 million to the Kenaf Fiber market growth by 2030.
- The Kenaf Fiber market is set to add $870 million between 2024 and 2034, with manufacturer targeting Pulp & Paper & Textile Technical Classification projected to gain a larger market share.
- With Sustainability trends, and Technological advancements in fiber processing, Kenaf Fiber market to expand 120% between 2024 and 2034.