Global Yarn, Fibre, And Thread Manufacturing Market Size, Forecasts, And Opportunities – Includes Yarn, Fibre, And Thread Manufacturing Market Share
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The global yarn, fibre, and thread manufacturing market is expected to grow from $100.93 billion in 2021 to $112.39 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global yarn, fiber, and thread manufacturing market size is expected to grow to $144.3 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%.
The growth in the yarn, fibre, and thread manufacturing market is due to emerging market growth, rising disposable income, and technological development.
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The yarn, fibre, and thread manufacturing market consists of sales of yarn, fibre, and thread by entities (organizations, sole traders, and partnerships) that manufacture spinning yarn from fibres and threads for sewing, crocheting, embroidery, and other applications.
Global Yarn, Fibre, And Thread Manufacturing Market Segments Include:
By Type: Regular Yarn, Fiber and Thread, and Special Yarn
By End User: Apparel, Footwear and Accessories, Home Interior, Others
By Application: Quilting, Sew and Stitch, Embroidery
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global yarn, fibre, and thread manufacturing market in 2021.
The demand for synthetic fibres is mainly driven by increasing applications of synthetic fibres in the apparel and construction industries. Synthetic fibres give specific characteristics such as thermal insulation and low soiling characteristics, which can be modified for a wide range of products such as tablecloths, napkins, curtains, and carpets. They are also being used in new areas of application, such as roof insulation and geotextiles for the stability of roads, walls, and dams.
TBRC’s Yarn, Fibre, And Thread Manufacturing Market Report Covers:
Major Market Players: oray Industries Inc, Indorama Corporation Pte Ltd, Weiqiao Textile Company Limited, Far Eastern New Century, and Unifi Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Yarn, Fibre, And Thread Manufacturing Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides yarn, fibre, and thread manufacturing market overviews, analyzes and forecasts market size, share, yarn, fibre, and thread manufacturing market players, yarn, fibre, and thread manufacturing market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s yarn, fibre, and thread manufacturing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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