What Fueled Yarn, Fiber And Thread Market?
The yarn, fiber and thread market has seen considerable growth due to a variety of factors.
• The industry for yarn, fiber, and thread has seen robust growth over the recent years. The market size is expected to increase from $100.55 billion in 2024 to $108.37 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%.
Factors contributing to this growth during the historical period include the emergence of new markets, urbanization, surging demand for synthetic fibers, and government policies aimed at bolstering the textile sector.
What Are the Future Growth Projections for the Yarn, Fiber And Thread Market?
The yarn, fiber and thread market is expected to maintain its strong growth trajectory in upcoming years.
• The market for yarn, fiber, and thread is anticipated to experience robust growth in the forthcoming years. The market is set to expand to a value of $138.77 billion by 2029, with a compound annual growth rate of 6.4%.
This growth during the forecast period can be ascribed to factors such as rising global population and urbanization, growth of e-commerce, heightened demand for sportswear, expanding reach of organized retail in emerging economies and increasing influence of social media. Trends expected to shape the market in the forecast period include the evolution of fibers and yarns made from sustainable and biodegradable materials, application of digital platforms to minimize supply chain errors, investments in green manufacturing technologies, adoption of IoT technology to improve manufacturing processes, and funding of new projects through research & development and strategic partnerships.
What Main Forces Are Fueling Expansion In The Yarn, Fiber And Thread Market?
The enhancement of the yarn, fiber, and thread market can be attributed to the growth of emerging markets, increased disposable income, and advancements in technology. By definition, disposable income is the sum left after deduction of income tax, which can be used for expenditure or tucked away as savings. With yarn being an essential tool in fabric and needlecraft production, the rise in personal income levels impact the market positively. As indicated by a report from the U.S. Bureau of Economic Analysis in June 2023, personal income in the United States took a leap from $19.4 trillion in 2021 to $20.7 trillion in 2022. The report also underlined a significant rise in consumer spending, suggesting an invigorated economy. Consequently, the surge in personal income and consumer spending is foreseen to positively impact the growth of the textile and apparel manufacturing market.
What Are The Major Segments Within The Yarn, Fiber And Thread Market?
The yarn, fiber and thread market covered in this report is segmented –
1) By Type: Regular Yarn, Fiber and Thread, and Special Yarn
2) By End User: Apparel, Footwear and Accessories, Home Interior, Other End Users
3) By Application: Quilting, Sew and Stitch, Embroidery
Subsegments:
1) By Regular Yarn: Natural Yarn, Synthetic Yarn
2) By Fiber And Thread: Sewing Thread, Embroidery Thread, Industrial Thread
3) By Special Yarn: Specialty Yarn, Blended Yarn, Functional Yarn, Textured Yarn
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Which Trends Are Expected To Transform The Yarn, Fiber And Thread Market?
Prominent businesses in the yarn, fiber, and thread sector are concentrating on the creation of eco-friendly materials for the production of yarns, fibers, and fabrics. These enterprises are actively working towards curbing their carbon emissions and lowering their manufacturing expenses by resorting to environmentally sustainable materials. To illustrate, Evrnu, a textile manufacturer from the US, unveiled a high-performing, recyclable lyocell material constructed solely from cotton textile waste, known as 100% NuCycl r-lyocell in April 2022. This groundbreaking fiber, entirely composed of cotton textile waste, aims to supersede and excel over virgin cellulosic and plastic-based materials, offering major reductions in environmental impact while preserving its recyclability. Evrnu has enhanced the conventional lyocell production method, usually reliant on virgin wood for fiber production, by instead processing textile waste and modifying its technologies to align with the current manufacturing framework.
Who Are the Key Players in the Yarn, Fiber And Thread Market?
Major companies operating in the yarn
• fiber and thread market include:
• Sinopec Group
• Toray Industries Inc.
• Reliance Industries
• Alpek
• Far Eastern New Century
• Lenzing AG
• Indorama Corporation
• Teijin Limited
• Eastman Chemical Company
• DuPont
• Weiqiao Textile Company Limited
• Nisshinbo Textile Inc.
• Marubeni Corporation
• Laxtons
• Town End Alpacas
• Ardalanish Mill
• AMANN Group
• Silkoplus German Embroidery Threads
• Galleria Arben
• Ametist
• LOOMKNITS
• STEKLONiT JSC
• Texel Inc.
• INDUSTRIES 3R INC.
• Amtex (YARN) Manufacturing Inc.
• Fibrofill Inc.
• Wallace Workwear Inc.
• Lenrod Industries
• Bermatex
• Coats Bell
• Saint Gobain Tape Solutions
• Trelleborg Engineered Coated Fabrics
• Albany International Corp.
• Unifi Inc.
• Dunmore Corp.
• Tex Tech Industries
• Bally Ribbon Mills
• Aurora Specialty Textiles Group Inc.
• Paramount Texteis
• Fiacao Sao Bento S.A.
• Siltex Brasil Ltda
• Textil Sao Joao
• Grupo Argentino Del Color
• Chenille Argentina SRL
• Saudi Spinning & Textile Mill
• Elasticos Yarns
• The Yarn Room
• Leena Egypt
• AlSaraTex Co.
• Integrated Fibres Limited
What Is The Most Dominant Region In The Yarn, Fiber And Thread Market?
Asia-Pacific was the largest region in the yarn, fiber, and thread manufacturing market in 2024. The regions covered in the yarn, fiber and thread market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
