ASEAN alpaca fiber market to reach $320.4 mn by 2035 amid growing demand for sustainable textiles

The ASEAN alpaca fiber market is set to grow at a CAGR of 6.2 per cent from 2025 to 2035, reaching $320.4 million by 2035. The increasing demand for sustainable and high-quality natural fibers is boosting growth, with alpaca wool gaining traction for its softness, durability, and thermal insulation properties.

Driven by the shift towards eco-friendly fashion, ASEAN nations are emerging as key players in the global alpaca fiber industry. Consumers are drawn to alpaca fiber for its hypoallergenic, lightweight, and insulating qualities, making it ideal for luxury apparel, home textiles, and accessories.

The region’s well-established textile manufacturing infrastructure is further boosting fiber processing and production. Additionally, government policies promoting natural fibers and sustainable agriculture are strengthening market growth. Technological advancements in fiber sorting and blending are also enhancing product quality and efficiency.

The competitive landscape includes domestic manufacturers, global brands, and innovative startups investing in alpaca fiber production. With ASEAN’s expanding textile sector and growing consumer preference for sustainable materials, the alpaca fiber market is poised for strong growth in the coming decade.