Spun Yarn - Global Strategic Business Report

The global market for Spun Yarn is estimated at 62.4 Million Tons in 2023 and is projected to reach 83.3 Million Tons by 2030, growing at a CAGR of 4.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The versatility of spun yarn is expanding its applications across multiple industries, further driving market growth. In the fashion and apparel sector, spun yarn is essential for producing a wide range of garments, from everyday wear to high-fashion items. The increasing popularity of athleisure and performance wear, which require high-strength and durable yarns, is also contributing to market expansion. Beyond fashion, spun yarn is widely used in home textiles, such as upholstery, curtains, and bedding, where the demand for high-quality, aesthetically pleasing, and durable fabrics is growing. Additionally, the industrial sector utilizes spun yarn in products such as ropes, nets, and filters, highlighting its importance in various technical and functional applications.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Cotton Yarn segment, which is expected to reach 47.9 Million Tons by 2030 with a CAGR of a 4.1%. The Polyester Yarn segment is also set to grow at 4.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at 16.6 Million Tons in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach 17.4 Million Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Spun Yarn Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Spun Yarn Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Spun Yarn Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Aarti International Ltd., Far Eastern New Century Corporation, Huvis, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 53 Featured):

• Aarti International Ltd.
• Far Eastern New Century Corporation
• Huvis
• Hyosung Group
• Nitin Spinners Limited
• Reliance Industries Limited
• Trident Group
• Zhejiang Hailide New Material Co., Ltd.
• Zhejiang Unifull Industrial Fibre Co., Ltd.