Global Rayon Fiber Market Poised for Strong Growth as Demand for Sustainable and Affordable Textiles Intensifies

The global Rayon Fiber market is gaining significant traction as the apparel and fashion industry moves toward cost-effective, breathable, and eco-friendly fabric solutions. According to Market Intelo, the market was valued at USD 19.7 billion in 2023 and is projected to grow at a CAGR of 7.2%, reaching USD 37.9 billion by 2032. This surge is largely driven by rising consumer preference for comfortable clothing, expanding textile production, and the increasing adoption of semi-synthetic fibers in fashion and home furnishings.

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