Yarn, Fiber and Thread Market Report 2025

The yarn, fiber and thread market size has grown strongly in recent years. It will grow from $100.55 billion in 2024 to $108.37 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to emerging market growth, urbanization, increased demand for man-made fibers and government initiatives for the textile industry.

The yarn, fiber and thread market size is expected to see strong growth in the next few years. It will grow to $138.77 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to global population growth and urbanization, increasing e-commerce, increasing demand for sportwear, increasing penetration of organized retail in developing economies and increasing penetration of social media. Major trends in the forecast period include developing fibers and yarns derived from biodegradable and sustainable materials, implementing digital platforms in the operational chain to reduce supply chain errors, invest in sustainable manufacturing technologies, adopt iot technology to enhance the manufacturing process and invest in new projects through r&d and partnerships activities.

The growth of the yarn, fiber, and thread market is driven by emerging market expansion, rising disposable income, and advancements in technology. Disposable income refers to the amount of money that individuals or households have available to spend or save after taxes. Yarn serves as a thread for producing fabrics and needlecraft. For instance, in June 2023, the U.S. Bureau of Economic Analysis, a government agency, reported that personal income in the United States rose to $20.7 trillion in 2022, up from $19.4 trillion in 2021. The report also noted a significant increase in consumer spending, indicating a strengthening economy. As a result, the rise in personal income and increased consumer spending are expected to drive growth in the textile and apparel manufacturing market.

The rapid growth of e-commerce is fueling the expansion of the yarn, fiber, and thread market. E-commerce involves the exchange of money and data to conduct business transactions online, offering numerous benefits to the yarn, fiber, and thread manufacturing industry by transforming how businesses operate and engage with customers. For example, in November 2023, the United States Census Bureau reported that retail e-commerce sales for the third quarter of 2023 reached $284.1 billion, reflecting a 2.3 percent increase (±0.4%) compared to the second quarter of 2023. Therefore, the rapid growth of e-commerce is significantly supporting the development of the yarn, fiber, and thread manufacturing market.

Major players in the yarn, fiber, and thread market are strategically prioritizing the development of sustainable materials to produce yarns, fibers, and textiles. These companies are actively working towards improving their environmental impact and reducing production costs by adopting sustainable materials. For instance, in April 2022, Evrnu, a US-based textile manufacturer, introduced 100% NuCycl r-lyocell, a high-performance, recyclable lyocell material derived entirely from cotton textile waste. This innovative fiber, crafted from recycled cotton textile waste, aims to surpass virgin cellulosic and plastic-based materials in performance while contributing significantly to environmental impact reduction and maintaining recyclability. Evrnu has enhanced the conventional lyocell manufacturing process, typically reliant on virgin wood, by incorporating textile waste into the production cycle. This adjustment aligns with Evrnu's commitment to sustainable practices within the existing manufacturing framework.

Major companies in the yarn, fiber, and thread market are concentrating on developing sustainable solutions, such as smart, sustainable fabric and yarn technology, to address growing consumer demand and environmental regulations. Smart, sustainable fabric and yarn technology encompasses advanced textile innovations aimed at enhancing performance while minimizing environmental impact. For example, in December 2023, Transforming Textiles AB, a pioneering company based in Sweden, launched Sense-Tex, an innovative fabric and yarn technology that combines smart functionality with sustainability. This advanced textile features a unique 5-fiber yarn composition, incorporating two conductive fibers and three natural fibers, enabling health monitoring capabilities and antibacterial properties. Made from sustainable materials like soybean, Ramie, and seaweed-derived cellulose, Sense-Tex aims to democratize access to smart textiles, ensuring that health and safety are accessible to all, regardless of financial means.

In March 2023, Reliance Industries Ltd (RIL), an India-based multinational conglomerate, successfully acquired Sintex Industries for $42.8 million. This strategic acquisition incorporates the textile and yarn portfolio of Sintex Industries into RIL's diverse offerings. Sintex Industries is an India-based manufacturer specializing in yarn production.

Major companies operating in the yarn, fiber and thread market include Sinopec Group, Toray Industries Inc., Reliance Industries, Alpek, Far Eastern New Century, Lenzing AG, Indorama Corporation, Teijin Limited, Eastman Chemical Company, DuPont, Weiqiao Textile Company Limited, Nisshinbo Textile Inc., Marubeni Corporation, Laxtons, Town End Alpacas, Ardalanish Mill, AMANN Group, Silkoplus German Embroidery Threads, Galleria Arben, Ametist, LOOMKNITS, STEKLONiT JSC, Texel Inc., INDUSTRIES 3R INC., Amtex (YARN) Manufacturing Inc., Fibrofill Inc., Wallace Workwear Inc., Lenrod Industries, Bermatex, Coats Bell, Saint Gobain Tape Solutions, Trelleborg Engineered Coated Fabrics, Albany International Corp., Unifi Inc., Dunmore Corp., Tex Tech Industries, Bally Ribbon Mills, Aurora Specialty Textiles Group Inc., Paramount Texteis, Fiacao Sao Bento S.A., Siltex Brasil Ltda, Textil Sao Joao, Grupo Argentino Del Color, Chenille Argentina SRL, Saudi Spinning & Textile Mill, Elasticos Yarns, The Yarn Room, Leena Egypt, AlSaraTex Co., Integrated Fibres Limited.

Asia-Pacific was the largest region in the yarn, fiber, and thread manufacturing market in 2024. The regions covered in the yarn, fiber and thread market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the yarn, fiber and thread market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Yarn, fiber, and thread manufacturing involve the process of creating spun yarn from fibers for various applications such as sewing, crocheting, and embroidery.

The primary types of yarn, fiber, and thread manufacturing are regular and special varieties. Regular yarn and thread are predominantly used for sewing purposes. These products find applications in quilting, sewing, stitching, and embroidery, catering to end-users in sectors such as apparel, footwear and accessories, home interior, and others.

The yarn, fiber and thread market research report is one of a series of new reports that provides yarn, fiber and thread market statistics, including yarn, fiber and thread industry global market size, regional shares, competitors with a yarn, fiber and thread market share, detailed yarn, fiber and thread market segments, market trends and opportunities, and any further data you may need to thrive in the yarn, fiber and thread industry. This yarn, fiber and thread market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The yarn, fibre, and thread market include revenues earned by entities by getting used in knitting, weaving, and the production of textiles. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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