Yarn Market to grow by USD 42.18 Bn; APAC to occupy 74% market share -- Technavio

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Nov 07, 2022, 09:00 ET

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The "Yarn Market by Type and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 42.18 billion between 2021 and 2026, accelerating at a CAGR of 5.77% during the forecast period. To estimate the size of the market, Technavio has considered various factors including retail sales, revenue generated by vendors, per capita income, and disposable income among others.

Technavio has announced its latest market research report titled Global Yarn Market 2022-2026

Our FREE PDF Sample Report includes highlights on market data points, ranging from trend analyses to market estimates & forecasts.

Regional Analysis

APAC is identified as the dominant region in the market. Yarn consumption in the form of natural fibers, polyesters, nylon, and others is strong in the region. APAC has many yarn vendors with a huge consumer base, while raw materials and low-cost labor are easily available. The growing population, particularly in China and India, is expected to boost demand for yarns during the forecast period.

Vendor Landscape

The global yarn market is highly fragmented due to the presence of numerous global and regional vendors. Vendors compete among themselves as they try to increase their market share. Players in the market compete by providing differentiated products either based on quality or service. Existing vendors in the market focus on increasing their consumer base to increase their market share. Hence, the competition in the market will remain high during the forecast period.

The competitive scenario provided in the yarn market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. View Report Sample Now

Market Dynamics

Factors such as growing demand for textiles in developing economies and increasing demand for natural yarn will be crucial in driving the growth of the market. But the health hazards in the textile industry will restrict the market growth.

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Company Profiles

Some of the companies covered in this report are Birko A.S, Compagnie de Saint Gobain, Grasim Industries Ltd., Hengli Group Co. Ltd., Huntingdon Yarn Mill, Huvis Corp., Indorama Ventures Public Co. Ltd., KARL MAYER STOLL TEXTILMASCHINENFABRIK GMBH, Low and Bonar, Parkdale Incorp., Texpro SPA, Vardhman Group, Varvaressos S. A. European Spinning Mills, and Weiqiao Textile Co. Ltd.

Market Segmentation

By Type, the market is classified into natural and artificial segments. The natural yarn segment will have the largest share of the market.
By Geography, the market is classified as APAC, North America, Europe, South America, and Middle East and Africa.

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Yarn Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.77%
Market growth 2022-2026	USD 42.18 billion
Market structure	Fragmented
YoY growth (%)	4.98
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 74%
Key consumer countries	US, China, India, Pakistan, and Brazil
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Birko A.S, Compagnie de Saint Gobain, Grasim Industries Ltd., Hengli Group Co. Ltd., Huntingdon Yarn Mill, Huvis Corp., Indorama Ventures Public Co. Ltd., KARL MAYER STOLL TEXTILMASCHINENFABRIK GMBH, Low and Bonar, Parkdale Incorp., Texpro SPA, Vardhman Group, Varvaressos S. A. European Spinning Mills, and Weiqiao Textile Co. Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

5.1 Market segments

Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

5.2 Comparison by Type

Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type

5.3 Natural - Market size and forecast 2021-2026

Exhibit 28: Chart on Natural - Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Natural - Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Natural - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Natural - Year-over-year growth 2021-2026 (%)

5.4 Artificial - Market size and forecast 2021-2026

Exhibit 32: Chart on Artificial - Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on Artificial - Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on Artificial - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Artificial - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Type

Exhibit 36: Market opportunity by Type ($ billion)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 India - Market size and forecast 2021-2026

Exhibit 66: Chart on India - Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on India - Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on India - Year-over-year growth 2021-2026 (%)

7.10 US - Market size and forecast 2021-2026

Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.11 Pakistan - Market size and forecast 2021-2026

Exhibit 74: Chart on Pakistan - Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on Pakistan - Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on Pakistan - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Pakistan - Year-over-year growth 2021-2026 (%)

7.12 Brazil - Market size and forecast 2021-2026

Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Grasim Industries Ltd.

Exhibit 89: Grasim Industries Ltd. - Overview
Exhibit 90: Grasim Industries Ltd. - Business segments
Exhibit 91: Grasim Industries Ltd. - Key offerings
Exhibit 92: Grasim Industries Ltd. - Segment focus

10.4 Huntingdon Yarn Mill

Exhibit 93: Huntingdon Yarn Mill - Overview
Exhibit 94: Huntingdon Yarn Mill - Product / Service
Exhibit 95: Huntingdon Yarn Mill - Key offerings

10.5 Huvis Corp.

Exhibit 96: Huvis Corp. - Overview
Exhibit 97: Huvis Corp. - Product / Service
Exhibit 98: Huvis Corp. - Key offerings

10.6 Indorama Ventures Public Co. Ltd.

Exhibit 99: Indorama Ventures Public Co. Ltd. - Overview
Exhibit 100: Indorama Ventures Public Co. Ltd. - Business segments
Exhibit 101: Indorama Ventures Public Co. Ltd. - Key offerings
Exhibit 102: Indorama Ventures Public Co. Ltd. - Segment focus

10.7 KARL MAYER STOLL TEXTILMASCHINENFABRIK GMBH

Exhibit 103: KARL MAYER STOLL TEXTILMASCHINENFABRIK GMBH - Overview
Exhibit 104: KARL MAYER STOLL TEXTILMASCHINENFABRIK GMBH - Product / Service
Exhibit 105: KARL MAYER STOLL TEXTILMASCHINENFABRIK GMBH - Key offerings

10.8 Parkdale Incorp.

Exhibit 106: Parkdale Incorp. - Overview
Exhibit 107: Parkdale Incorp. - Product / Service
Exhibit 108: Parkdale Incorp. - Key offerings

10.9 Texpro SPA

Exhibit 109: Texpro SPA - Overview
Exhibit 110: Texpro SPA - Product / Service
Exhibit 111: Texpro SPA - Key offerings

10.10 Vardhman Group

Exhibit 112: Vardhman Group - Overview
Exhibit 113: Vardhman Group - Business segments
Exhibit 114: Vardhman Group - Key offerings
Exhibit 115: Vardhman Group - Segment focus

10.11 Varvaressos S. A. European Spinning Mills

Exhibit 116: Varvaressos S. A. European Spinning Mills - Overview
Exhibit 117: Varvaressos S. A. European Spinning Mills - Product / Service
Exhibit 118: Varvaressos S. A. European Spinning Mills - Key offerings

10.12 Weiqiao Textile Co. Ltd.

Exhibit 119: Weiqiao Textile Co. Ltd. - Overview
Exhibit 120: Weiqiao Textile Co. Ltd. - Product / Service
Exhibit 121: Weiqiao Textile Co. Ltd. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 122: Inclusions checklist
Exhibit 123: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 124: Currency conversion rates for US$

11.4 Research methodology

Exhibit 125: Research methodology
Exhibit 126: Validation techniques employed for market sizing
Exhibit 127: Information sources

11.5 List of abbreviations

Exhibit 128: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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