| Product Code: ETC237267 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Singapore`s import trend for cellulose acetate fiber experienced a significant decline from 2023 to 2024, with a growth rate of -93.68%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -49.47%. This sharp decline may be attributed to shifting demand patterns or changes in market dynamics influencing trade flows.
Cellulose acetate fiber holds a niche in the Singapore market, often used in clothing and fashion accessories. Known for its silk-like appearance and lightweight feel, cellulose acetate appeals to consumers seeking luxurious alternatives to natural silk. Market growth is influenced by sustainable sourcing and shifting consumer preferences. Companies that offer cellulose acetate products with a focus on eco-friendliness and aesthetics might find a loyal customer base.
The Singapore cellulose acetate fiber market is driven by its unique properties, including a silk-like texture, moisture resistance, and biodegradability. These qualities make cellulose acetate fibers highly desirable for applications in textiles, apparel, and eyewear frames. As sustainability becomes a key focus in the fashion and eyewear industries, the demand for cellulose acetate fibers has risen. Singapore prominence as a fashion and manufacturing hub, along with its access to global markets, positions it as a pivotal player in the cellulose acetate fiber market. Furthermore, ongoing research and development efforts to enhance the performance and eco-friendliness of these fibers contribute to their growing popularity.
One of the primary challenges faced by the Singapore cellulose acetate fiber market is the increasing environmental concerns and the shift towards sustainable and eco-friendly materials. Cellulose acetate is derived from wood pulp, and the market is experiencing pressure to adopt more sustainable practices in sourcing and production. Additionally, competition from synthetic fibers, which may be cheaper and easier to produce, poses a challenge to the growth of cellulose acetate fibers in Singapore.
The COVID-19 pandemic impacted the Singapore cellulose acetate fiber market, which is used in textiles and cigarette filters. Disruptions in production and distribution, as well as changes in consumer behavior, influenced demand for cellulose acetate fiber. Recovery in this market is contingent on various factors, including consumer preferences and the broader economic climate.
Major players in the Singapore cellulose acetate fiber market include Celanese Corporation, Eastman Chemical Company, and Mitsubishi Chemical Corporation. These companies are key suppliers of cellulose acetate fibers, widely used in textiles, cigarette filters, and specialty applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Cellulose Acetate Fiber Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Cellulose Acetate Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Cellulose Acetate Fiber Market - Industry Life Cycle |
3.4 Singapore Cellulose Acetate Fiber Market - Porter's Five Forces |
3.5 Singapore Cellulose Acetate Fiber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Cellulose Acetate Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Cellulose Acetate Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly and sustainable materials |
4.2.2 Growing awareness about the benefits of cellulose acetate fiber in textile and apparel industries |
4.2.3 Rising disposable income and changing consumer preferences towards high-quality and comfortable clothing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from other synthetic and natural fiber alternatives |
4.3.3 Stringent regulations and compliance requirements in the textile industry |
5 Singapore Cellulose Acetate Fiber Market Trends |
6 Singapore Cellulose Acetate Fiber Market, By Types |
6.1 Singapore Cellulose Acetate Fiber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.4 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Fiber, 2021-2031F |
6.2 Singapore Cellulose Acetate Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Photographic Films, 2021-2031F |
6.2.3 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Cigarette Filters, 2021-2031F |
6.2.4 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Tapes & Labels, 2021-2031F |
6.2.5 Singapore Cellulose Acetate Fiber Market Revenues & Volume, By Textiles & Apparel, 2021-2031F |
7 Singapore Cellulose Acetate Fiber Market Import-Export Trade Statistics |
7.1 Singapore Cellulose Acetate Fiber Market Export to Major Countries |
7.2 Singapore Cellulose Acetate Fiber Market Imports from Major Countries |
8 Singapore Cellulose Acetate Fiber Market Key Performance Indicators |
8.1 Percentage of manufacturers using cellulose acetate fiber in their product lines |
8.2 Rate of adoption of cellulose acetate fiber by major fashion brands in Singapore |
8.3 Investment in research and development for innovative applications of cellulose acetate fiber in different industries |
9 Singapore Cellulose Acetate Fiber Market - Opportunity Assessment |
9.1 Singapore Cellulose Acetate Fiber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Cellulose Acetate Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Cellulose Acetate Fiber Market - Competitive Landscape |
10.1 Singapore Cellulose Acetate Fiber Market Revenue Share, By Companies, 2024 |
10.2 Singapore Cellulose Acetate Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |