| Product Code: ETC104323 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s regenerated cellulose import market saw significant growth with a high Herfindahl-Hirschman Index (HHI) indicating concentrated trade among top exporting countries such as Japan, USA, China, Philippines, and Italy in 2024. Despite a notable compound annual growth rate (CAGR) of 13.66% from 2020-24, there was a decline in growth rate from 2023-24 at -42.61%. This data suggests a dynamic market landscape with potential shifts in trade patterns and demands within the regenerated cellulose sector for the upcoming years.

The India regenerated cellulose market is projected to grow at a CAGR of 5.7% during the forecast period (2025-2031). This growth can be attributed to increasing demand for consumer products such as garments, medical disposables, and other home furnishings. Additionally, rising awareness among consumers regarding eco-friendly products and growing applications in various industries are some major factors driving the market growth in India.
The IndiaRegenerated Cellulose market is driven mainly by factors such as increasing demand for cost effective regenerated cellulose products from end-use industries like cosmetic, hygiene and food packaging industry. The growing population has led to the increasing demand for consumer goods which in turn boosts the demand of regenerated cellulose to meet the production requirement for these products. Moreover, advancements in technology have enabled manufacturers to reduce their production costs while providing superior quality products. Additionally, government incentive schemes like Make in India initiative are encouraging foreign investments and boosting the growth of domestic companies operating in this sector. Other drivers include low labor cost and improved availability of raw materials due to easy import policies across sectors.
Fluctuating prices of raw materials used for production and environmental concerns associated with its manufacturing could hamper the market growth over the forecast period.
Some of the key players operating in this industry include Suparna Group, Birla Cellulose Pvt ltd., Grasim Industries Ltd., Reliance Industries Ltd., Thapar Cellulosics Limited, Aditya Birla Chemicals Division Ltd,, KPR Mills Limited etc.
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By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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