Global Yarn Fiber and Thread Market by Type (Regular Products, Special Products), By Application (Household, Commercial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Yarn Fiber and Thread Market size is projected to reach USD 124.3 billion by 2028 from an estimated value of USD 98.1 billion in 2019, growing at a CAGR of 3.4% during the forecast period (2019-2028). The growth will be driven by the increasing demand for textile products across the globe owing to the rising population and increased disposable income levels as well as improving standards of living in developing economies.
Yarn Fiber and Thread is a continuous strand of either natural or artificial fibers that are used to make textiles. The process begins with the production of yarn which can be made from different materials such as cotton, wool, hemp, silk, etc. Yarn is a key raw material in the textile industry. Yarns are used as one of the inputs for weaving and knitting machines. They have many uses including textiles, clothing, carpets, upholstery fabric, and rugs. In addition to yarn production in mills (textile spinning factories), thread manufacturing plants also prepare threads that are then supplied to producers of woven or knitted fabrics. Thread yields higher margins than yarn due to lower costs associated with producing it.
On the basis of Type, the market is segmented into Regular Products and Special Products.
Regular Products:
Regular products are those that are in the market for a long time and have gained popularity among consumers. They come in different varieties, colors, textures, and sizes. These types of yarns can be knitted or crocheted into various items like sweaters, gloves, hats, etc., depending on their texture. The most commonly used regular product is cotton which has been around since ancient times. Cotton is produced by spinning the fibers from raw cotton plants to form threads which are then twisted together to make yarns with high durability levels such as woolen tweed thread or Egyptian cotton thread.
Cotton is the most commonly used material in making regular products since it has an excellent reputation for quality and affordability. The cotton industry is mainly concentrated in India, China, Pakistan, and Uganda.
Special Products:
Special Products are types of yarn that include unique products such as baby yarns, knitting thread, etc. Specialty threads and fibers do not have a large market share in the global textiles industry because they cater to niche markets with specific requirements for their fiber properties or other needs. These are thread strands that come with various combinations such as nylon-polyester blend which offers durability at a lower cost; wool - acrylic blends provide warmth without bulkiness; silk - polyester blend provides elasticity while retaining sheen; linen makes a high-quality product but requires expensive machinery to process, etc.
On the basis of Application, the market is segmented into Household and Commercial sectors. In 2017, the share of households was larger than that for the commercial sector in this market with a ratio of 70:30. This has been attributed to higher disposable income within households when compared to companies; thus, people are more likely to purchase fabric products for their homes such as upholstery fabrics or wall coverings rather than business-related items like carpets or curtains.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In 2017, the share of Northeast Asia has been larger than that for Southeast Asia with a ratio of 40:60 due to higher per capita incomes in countries like Japan or South Korea when compared to regional counterparts such as Thailand or Indonesia.
The North American market demand for yarn fiber and thread is expected to grow continuously over the forecast period, owing to their increasing use across various industries such as apparel manufacturing, home textile products, and others. Europe dominates the global yarn fiber and thread market followed by the Asia Pacific excluding Japan (APEJ). North America comes to the third position among other regions such as Latin America that accounts for significant revenue share amongst others due to rising demand from end consumers coupled with increasing awareness about its benefits.
Growth Factors for The Global Yarn Fiber and Thread Market:
- Increase in demand from emerging economies such as China, India, and other countries with developing economies. They are also increasing awareness about quality clothing across these nations which has given rise to a higher level of consumption thus resulting in an increase in production. Some of the key players operating in this segment include DBI Group, SABIC (Saudi Basic Industries Corporation), YARN HOLDINGS INC., Polyester Film & Engineering Co Ltd., Aditya Birla Group, TPC Trading Inc., Sinopec Limited, Sun Fiber International Holdings Ltd.
- Growth potential for domestic manufacturers through increased capacity investments, mergers and acquisitions, and expansions in their international operations.
- Growth of the demand for finer quality textiles such as cotton yarns which are being used for making premium consumer goods. This has led to an increase in production capacity for these products globally.
This market is estimated to grow significantly on account of increasing textile industry investments across the Asia Pacific and Latin American regions coupled with favorable regulatory policies that promote growth opportunities within this sector around the world.
Up Market Research published a new report titled “Yarn Fiber and Thread Market research report which is segmented by Types (Regular Products, Special Products), By Applications (Household, Commercial), By Players/Companies Toray Industries, Indorama, Weiqiao Textile, Far Eastern New Century, UniFi”.
Report Scope
Report Attributes | Report Details |
Report Title | Yarn Fiber and Thread Market Research Report |
By Type | Regular Products, Special Products |
By Application | Household, Commercial |
By Companies | Toray Industries, Indorama, Weiqiao Textile, Far Eastern New Century, UniFi |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 238 |
Number of Tables & Figures | 167 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Yarn Fiber and Thread Market Report Segments:
The market is segmented by Type Regular Products, Special Products and By Application Household, Commercial.
Some of the companies that are profiled in this report are:
- Toray Industries
- Indorama
- Weiqiao Textile
- Far Eastern New Century
- UniFi
Yarn Fiber and Thread Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Yarn Fiber and Thread Market
Overview of the regional outlook of the Yarn Fiber and Thread Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Yarn Fiber and Thread Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Yarn Fiber and Thread Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Regular Products
2. Special Products
7. By Application:1. Household
2. Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Yarn Fiber and Thread Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Yarn Fiber and Thread Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yarn Fiber and Thread Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Yarn Fiber and Thread Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yarn Fiber and Thread Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Yarn Fiber and Thread Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Yarn Fiber and Thread Market Size & Forecast, 2018-2028
4.5.1 Yarn Fiber and Thread Market Size and Y-o-Y Growth
4.5.2 Yarn Fiber and Thread Market Absolute $ Opportunity
Chapter 5 Global Yarn Fiber and Thread Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Yarn Fiber and Thread Market Size Forecast by Type
5.2.1 Regular Products
5.2.2 Special Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Yarn Fiber and Thread Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Yarn Fiber and Thread Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yarn Fiber and Thread Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Yarn Fiber and Thread Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Yarn Fiber and Thread Analysis and Forecast
9.1 Introduction
9.2 North America Yarn Fiber and Thread Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Yarn Fiber and Thread Market Size Forecast by Type
9.6.1 Regular Products
9.6.2 Special Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Yarn Fiber and Thread Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Yarn Fiber and Thread Analysis and Forecast
10.1 Introduction
10.2 Europe Yarn Fiber and Thread Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Yarn Fiber and Thread Market Size Forecast by Type
10.6.1 Regular Products
10.6.2 Special Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Yarn Fiber and Thread Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Yarn Fiber and Thread Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yarn Fiber and Thread Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Yarn Fiber and Thread Market Size Forecast by Type
11.6.1 Regular Products
11.6.2 Special Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Yarn Fiber and Thread Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Yarn Fiber and Thread Analysis and Forecast
12.1 Introduction
12.2 Latin America Yarn Fiber and Thread Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Yarn Fiber and Thread Market Size Forecast by Type
12.6.1 Regular Products
12.6.2 Special Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Yarn Fiber and Thread Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Yarn Fiber and Thread Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yarn Fiber and Thread Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Yarn Fiber and Thread Market Size Forecast by Type
13.6.1 Regular Products
13.6.2 Special Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Yarn Fiber and Thread Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Yarn Fiber and Thread Market: Competitive Dashboard
14.2 Global Yarn Fiber and Thread Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Industries
14.3.2 Indorama
14.3.3 Weiqiao Textile
14.3.4 Far Eastern New Century
14.3.5 UniFi