Textile Yarn Market Report: Trends, Forecast and Competitive Analysis to 2030

Textile Yarn Trends and Forecast

The future of the global textile yarn market looks promising with opportunities in the apparel, home textile, and industrial applications. The global textile yarn market is expected to reach an estimated $21.2 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing interest for personnel appearance and home textiles and rising preference for eco-friendly and sustainable yarns.

A more than 150-page report is developed to help in your business decisions.

Textile Yarn by Segment

The study includes a forecast for the global textile yarn by type, source, application, and region.

Textile Yarn Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Artificial
• Natural

Textile Yarn Market by Source [Shipment Analysis by Value from 2018 to 2030]:

• Chemical
• Plant
• Animal
• Others

Textile Yarn Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Apparel
• Home Textile
• Industrial
• Others

Textile Yarn Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Textile Yarn Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies textile yarn companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the textile yarn companies profiled in this report include-

• Celanese
• Asahi Kasei
• Toray Industries
• Vardhman Textiles
• Raymond

Textile Yarn Market Insights

Lucintel forecasts that artificial is expected to witness the higher growth over the forecast period.

Within this market, home textile is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Textile Yarn Market

Market Size Estimates: Textile yarn market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Textile yarn market size by type, source, application, and region in terms of value ($B).

Regional Analysis: Textile yarn market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, sources, applications, and regions for the textile yarn market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the textile yarn market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the textile yarn market size?

Answer: The global textile yarn market is expected to reach an estimated $21.2 billion by 2030.

Q2. What is the growth forecast for textile yarn market?

Answer: The global textile yarn market is expected to grow with a CAGR of 5.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the textile yarn market?

Answer: The major drivers for this market are growing interest for personnel appearance and home textiles and rising preference for eco-friendly and sustainable yarns.

Q4. What are the major segments for textile yarn market?

Answer: The future of the textile yarn market looks promising with opportunities in the apparel, home textile, and industrial applications.

Q5. Who are the key textile yarn market companies?

Answer: Some of the key textile yarn companies are as follows.

• Celanese
• Asahi Kasei
• Toray Industries
• Vardhman Textiles
• Raymond

Q6. Which textile yarn market segment will be the largest in future?

Answer: Lucintel forecasts that artificial is expected to witness the higher growth over the forecast period.

Q7. In textile yarn market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the textile yarn market by type (artificial and natural), source (chemical, plant, animal, and others), application (apparel, home textile, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?