Lyocell fabric market, Overview, key trends, Key Takeaways

Lyocell fabric market is estimated to witness high growth owing to the increasing demand for eco-friendly and sustainable fabrics in various industries. The global Lyocell fabric Market is estimated to be valued at US$ 1.1 billion in 2021 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.