PUBLISHER: Grand View Research | PRODUCT CODE: 1772558
PUBLISHER: Grand View Research | PRODUCT CODE: 1772558
U.S. Hemp Fiber Market Size, Share & Trends Analysis Report By Application (Fashion & Textile, Sportswear, Workwear, E-textiles, Others), And Segment Forecasts, Consumer Behavior And Competitive Analysis, 2025 - 2033
U.S. Hemp Fiber Market Summary
The U.S. hemp fiber market size was estimated at USD 120.4 million in 2024 and is projected to reach USD 360.2 million by 2033, growing at a CAGR of 12.2% from 2025 to 2033, due to growing environmental awareness, supportive legislation, and expanding industrial applications.
Legalizing industrial hemp under the 2018 Farm Bill has encouraged large-scale cultivation and innovation, while consumers and manufacturers are increasingly seeking sustainable alternatives to cotton and synthetic fibers. Hemp's eco-friendly properties, such as low water usage, biodegradability, and carbon sequestration, have made it attractive for use in textiles, construction, automotive components, and packaging. In addition, advancements in processing technology and increased adoption by major fashion and home goods brands are further propelling market growth. One of the primary market drivers of demand is the shift toward sustainable and biodegradable materials across industries. With increasing pressure to reduce carbon footprints and meet ESG goals, businesses are turning to hemp as a renewable raw material that requires fewer pesticides, less water, and regenerates soil health. The textile industry embraces hemp blends due to their durability, antimicrobial properties, and breathability qualities that resonate with environmentally conscious consumers. Moreover, government incentives, state-supported pilot programs, and the growing adoption of green building standards further accelerate using hemp-based construction materials such as hempcrete and insulation.
Innovation also plays a critical role in expanding the applications of hemp fiber in the U.S. market. Technological advancements in decortication and fiber processing have significantly improved efficiency, enabling the production of finer, softer fibers suitable for high-performance fabrics. Companies are developing prefabricated hemp-based panels and biocomposites for sustainable housing in the construction sector. In addition, hemp is being integrated into automotive parts for lightweight, durable plastic alternatives. Startups and established brands are experimenting with hemp in packaging, personal care products, and furniture, pushing the boundaries of hemp fiber's commercial viability and positioning it as a cornerstone of the circular economy.
U.S. Hemp Fiber Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. hemp fiber market report based on application:
- Application Outlook (Revenue, USD Million, 2021 - 2033)
- Fashion & Textile
- Sportswear
- Workwear
- E-textiles
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Hemp Fiber Market Variables, Trends & Scope
- 3.1. Market Lineage/Ancillary Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Analyst Perspective
- 3.3.2. Regulations & Standards
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Hemp Fiber Market
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.5.1. Porter's Five Forces Analysis
- 3.6. Market Disruption Analysis
Chapter 4. Hemp Fiber Market: Application Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Application Movement Analysis & Market Share, 2024 & 2033
- 4.3. U.S. Hemp Fiber Market By Application, 2021 - 2033 (USD Million)
- 4.4. Fashion & Textile
- 4.4.1. Hemp Fiber Market Estimates And Forecasts, by Fashion & Textile, 2021 - 2033 (USD Million)
- 4.5. Sportswear
- 4.5.1. Hemp Fiber Market Estimates And Forecasts, by Sportswear, 2021 - 2033 (USD Million)
- 4.6. Workwear
- 4.6.1. Hemp Fiber Market Estimates And Forecasts, by Workwear, 2021 - 2033 (USD Million)
- 4.7. E-textiles
- 4.7.1. Hemp Fiber Market Estimates And Forecasts, by E-textiles, 2021 - 2033 (USD Million)
- 4.8. Others
- 4.8.1. Hemp Fiber Market Estimates And Forecasts, by Others, 2021 - 2033 (USD Million)
Chapter 5. Supplier Intelligence
- 5.1. Kraljic Matrix
- 5.2. Engagement Model
- 5.3. Negotiation Strategies
- 5.4. Sourcing Best Practices
- 5.5. Vendor Selection Criteria
Chapter 6. Competitive Landscape
- 6.1. Key Players, their Recent Developments, and their Impact on Industry
- 6.2. Competition Categorization
- 6.3. Company Market Position Analysis
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping, 2024
- 6.6. Company Listing
- 6.6.1 Hemp Inc.
- 6.6.1.1. Company Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Application Benchmarking
- 6.6.1.4. Strategic Initiatives
- 6.6.2. American Hemp LLC
- 6.6.2.1. Company Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Application Benchmarking
- 6.6.2.4. Strategic Initiatives
- 6.6.3. BastCore Inc.
- 6.6.3.1. Company Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Application Benchmarking
- 6.6.3.4. Strategic Initiatives
- 6.6.4. Panda Biotech
- 6.6.4.1. Company Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Application Benchmarking
- 6.6.4.4. Strategic Initiatives
- 6.6.5. Industrial Hemp Manufacturing, LLC
- 6.6.5.1. Company Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Application Benchmarking
- 6.6.5.4. Strategic Initiatives
- 6.6.6. South Bend Industrial Hem
- 6.6.6.1. Company Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Application Benchmarking
- 6.6.6.4. Strategic Initiatives
- 6.6.7. Formation Ag
- 6.6.7.1. Company Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. Application Benchmarking
- 6.6.7.4. Strategic Initiatives
- 6.6.8. Hempitecture Inc.
- 6.6.8.1. Company Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. Application Benchmarking
- 6.6.8.4. Strategic Initiatives
- 6.6.9. BioPhil Natural Fibers
- 6.6.9.1. Company Overview
- 6.6.9.2. Financial Performance
- 6.6.9.3. Application Benchmarking
- 6.6.9.4. Strategic Initiatives
- 6.6.10. Heartland Industries
- 6.6.10.1. Company Overview
- 6.6.10.2. Financial Performance
- 6.6.10.3. Application Benchmarking
- 6.6.10.4. Strategic Initiatives
- 6.6.1 Hemp Inc.
List of Tables
- Table 1 Hemp Fiber Market Estimates And Forecasts, by Fashion & Textile, 2021 - 2033 (USD Million)
- Table 2 Hemp Fiber Market Estimates And Forecasts, by Sportswear, 2021 - 2033 (USD Million)
- Table 3 Hemp Fiber Market Estimates And Forecasts, by Workwear, 2021 - 2033 (USD Million)
- Table 4 Hemp Fiber Market Estimates And Forecasts, by E-textiles, 2021 - 2033 (USD Million)
- Table 5 Hemp Fiber Market Estimates And Forecasts, by Others, 2021 - 2033 (USD Million)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top-Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Snapshot
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Outlook
- Fig. 10 Hemp Fiber Market - Value Chain Analysis
- Fig. 11 Hemp Fiber Market - Sales Channel Analysis
- Fig. 12 Market Drivers Impact Analysis
- Fig. 13 Market Restraint Impact Analysis
- Fig. 14 Industry Analysis - PORTERS
- Fig. 15 Industry Analysis - PESTEL by SWOT
- Fig. 16 Application: Key Takeaways
- Fig. 17 Application: Market Share, 2024 & 2033
- Fig. 18 Region, 2024 & 2033, (USD Million)
- Fig. 19 Regional Marketplace: Key Takeaways
- Fig. 20 Kraljic Matrix
- Fig. 21 Engagement Model
- Fig. 22 Sourcing Best Practices
- Fig. 23 Sourcing Best Practices
- Fig. 24 Competition Categorization
- Fig. 25 Company Market Positioning
- Fig. 26 Strategy Mapping, 2024
