Global Textile Yarn Market, By Source (Animal, Plant, Chemical, Others), Type (Natural, Artificial, Others), Application (Apparel, Home Textile, Industrial, Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Textile Yarn Market
Textile yarn market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 4.50% in the above-mentioned forecast period.
A textile yarn is basically made up of various synthetic or natural fibers. Textile yarns are primarily used for the manufacturing of home textiles, clothes, medical and sports goods in the textile industry.
The factors such as rapid growth in the urbanization and shift in consumer preference towards affordable and comfortable clothing emerge as the major factor fostering the growth of the textile yarn market. On the other hand, increasing consumer awareness regarding the quality of textile yarn is further estimated to cushion the growth of the market. However, the instability in the production of plant and animal source and the strong regulation imposed on the trade in textile products impedes the growth of the textile yarn market.
Growing adoption of new trends globally and introduction of new fabrics will create lucrative opportunities for the growth of the textile yarn market. On the flip side, imbalance in the production of plant and animal source yarn and the stringent regulations that are applied on the trade of textile yarn are projected to challenge the market within the forecast period.
This Textile yarn market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Textile yarn market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Textile Yarn Market Scope and Market Size
The textile yarn market is segmented on the basis of source, type, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the textile yarn market is segmented into animal, plant, chemical and others.
- On the basis of type, the textile yarn market is segmented into natural, artificial and others. Natural yarn is further segmented into animal yarn and plant yarn. Animal yarn is further sub-segmented into silk yarn and wool yarn. Plant yarn is further sub-segmented into cotton yarn, flax yarn, hemp yarn, jute yarn, and ramie yarn. Artificial yarn is further segmented into polyester, nylon, acrylic and viscose.
- On the basis of application, the textile yarn market is segmented into apparel, home textile, industrial and others.
Textile Yarn Market Country Level Analysis
The textile yarn market is analyses and market size, volume information is provided by source, type, and application as referenced above.
The countries covered in the textile yarn market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the textile yarn market due to the increasing population, rising disposable income and the rise in demand for clothing within the region. North America is expected to show lucrative growth owing to the increasing investment from the multinational manufacturers in the US and Canada.
The country section of the Textile yarn market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Textile Yarn Market Share Analysis
The textile yarn market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to textile yarn market.
Some of the major players operating in the textile yarn market report are Parkdale Mills, Hengli Group, Kairuide Holding Co. Ltd., Vardhman Textiles Limited, Birleþik Koyunlulular Mensucat TIC. V., Weiqiao Textile Company Limited, E SAN. A.Þ., Low & Bonar Plc., Raymond Limited, TORAY INDUSTRIES, INC.; Bonar Yarns, Thai Rayon, Aksa Jeneratör Sanayi A.S; Asahi Kasei Corporation, Barnhardt Natural Fibers.; Celanese Corporation; Far Eastern New Century Corporation; FORMOSA TAFFETA CO., LTD.; Indorama Ventures Public Company Limited, FiberVisions, L.P, KURARAY, PT Polychem Indonesia Tbk, Huvis Corporation and Grasim Industries Limited among others.
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