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Textile Yarn - Global Market Outlook (2019-2027)

Textile Yarn - Global Market Outlook (2019-2027)

Published: July 2020 ID: SMRC19595
Published: July 2020 ID: SMRC19595

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Textile Yarn Market is accounted for $12.13 billion in 2019 and is expected to reach $19.62 billion by 2027 growing at a CAGR of 6.2% during the forecast period. Some of the factors propelling the growth of the market are rapid growth in the urbanization and improved demand for textile yarn across apparel. However, the volatility in raw material prices and its availability are hampering the growth of the market.
 
Textile yarn is a long continuous length of the interlocked fibers, used in the manufacturing of textiles. Textile yarn can be available in natural or synthetic form. Textile yarn can be prepared with natural fibers from substances such as wool from sheep, silk from silkworms, or cotton and linen from plants. It can also be made with synthetic, or man-made, fibers created from a range of substances like nylon, acrylic, and polyester.

Based on the type, the artificial segment is anticipated to hold considerable market share during the forecast period as the polyester and nylon are largely used in developed countries in the apparel industry and is used in many varieties as well. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to changing consumption pattern, increasing population, disposable income, the rise in demand for clothing along with home furnishing products.

Some of the key players profiled in the Textile Yarn Market include Weiqiao Textile Company Limited, Vardhman Textiles Limited, Raymond Limited, Parkdale Mills Incorporated, Low and Bonar PLC, Kairuide Holding Co. Ltd., Huvis Corporation, Hengli Group, Grasim Industries Limited, and Birleik Koyunlulular Mensucat Tic Ve San A.  

Sources Covered:
• Plant
• Chemical
• Animal
• Other Sources

Types Covered:
• Artificial
• Natural  

Applications Covered:
• Home Textile
• Industrial
• Apparel
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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