Textile Yarns

Textile Yarns

Global Textile Yarns Market to Reach US$20.2 Billion by 2030

The global market for Textile Yarns estimated at US$14.5 Billion in the year 2023, is expected to reach US$20.2 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030. Artificial Textile Yarns, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$12.5 Billion by the end of the analysis period. Growth in the Natural Textile Yarns segment is estimated at 4.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.8 Billion While China is Forecast to Grow at 7.4% CAGR

The Textile Yarns market in the U.S. is estimated at US$3.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Textile Yarns Market - Key Trends and Drivers Summarized

How Are Textile Yarns Supporting Versatility in Fabric Production?

Textile yarns are continuous strands of fibers or filaments twisted or spun together to create a material suitable for weaving, knitting, or other textile manufacturing processes. They are the building blocks of fabrics and come in various types, including natural, synthetic, and blended yarns, supporting a wide range of applications in apparel, home textiles, technical textiles, and industrial fabrics. As the demand for different fabric textures, strengths, and properties grows, textile yarns play a crucial role in meeting diverse production requirements and achieving high-quality outputs.

What Are the Key Segments in the Textile Yarns Market?

Key types include natural yarns (cotton, wool, silk), synthetic yarns (polyester, nylon, acrylic), and blended yarns, with synthetic yarns holding the largest market share due to their cost-effectiveness, durability, and wide range of applications. Applications cover apparel, home textiles, technical textiles, and industrial fabrics, with apparel representing a significant segment driven by the demand for versatile yarns that provide comfort, durability, and aesthetic appeal. End-users include apparel manufacturers, home furnishing companies, and technical textile producers, with apparel manufacturers dominating the market as they require a broad range of yarns to produce diverse clothing items.

How Are Textile Yarns Integrated Across Fabric Manufacturing?

In apparel production, textile yarns are used to create fabrics for casual wear, sportswear, formal wear, and fashion textiles, offering different properties like stretchability, softness, and moisture management. In home textiles, yarns contribute to the production of bed linens, curtains, and carpets, providing aesthetic appeal, comfort, and durability. For technical textiles, specialized yarns offer properties like high tensile strength, flame resistance, and moisture wicking, supporting applications in automotive interiors, protective gear, and medical textiles. Additionally, in industrial fabrics, yarns ensure strength and stability in products like conveyor belts, filtration fabrics, and geotextiles, enhancing performance in heavy-duty environments.

What Factors Are Driving the Growth in the Textile Yarns Market?

The growth in the Textile Yarns market is driven by several factors, including increasing demand for versatile and high-quality fabrics, advancements in yarn spinning technologies, and expanding applications in technical textiles. Innovations like bio-based yarns, improved fiber blends, and enhanced spinning techniques have supported broader applications in modern fabric production. The focus on improving fabric performance, achieving cost efficiency, and ensuring sustainability in textiles has further fueled demand, as textile yarns offer essential benefits in diverse manufacturing processes. Additionally, growing apparel production, rising home textile consumption, and expanding technical textile applications have contributed to market growth, encouraging the use of innovative yarns across sectors.

SCOPE OF STUDY:

The report analyzes the Textile Yarns market in terms of US$ Million by the following Application; Type, and Geographic Regions/Countries:

Segments:
Type (Artificial, Natural); Application (Home Textile, Apparel, Industrial, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 37 Featured) -

• Birleþik Koyunlulular Mensucat TIC. V.E SAN. A.Þ.
• Grasim Industries Limited.
• Hengli Group
• Huvis Corporation
• Kairuide Hulding Co Ltd.
• Low & Bonar Plc.
• Parkdale Mills Incorporated
• Raymond Limited
• Vardhman Textiles Limited
• Weiqiao Textile Company Limited

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