DUBLIN, April 4, 2022 /PRNewswire/ — The report “Global Yarn, Fiber and Yarn Market Opportunities and Strategies to 2030, by Type, Coating” has been added to from ResearchAndMarkets.com offer.
This report provides strategists; marketers and senior management with the critical information they need to assess the global yarn, fiber and yarn market as it emerges from the COVID 19 lockdown.
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This report describes and assesses the global yarns, fibers and yarns market. It covers three five-year periods: 2015-2020, known as the historical period, and the forecast periods 2020-2025 and 2025-2030. The report assesses the market in each region as well as for the major economies in each region.
The global yarn, fiber and thread market reached a value of almost $74,728.9 million in 2020, after declining at a compound annual growth rate (CAGR) of -3.0% since 2015. The market is expected to grow from $74,728.9 billion in 2020 for $142,714.8 million in 2025 at a rate of 13.8%. The market is expected to grow at a CAGR of 6.0% from 2025 and reach $191,114.7 million in 2030.
The growth factors of the historical period include the growth of emerging markets, urbanization, increased demand for synthetic fibers and government initiatives for the textile industry. Factors that have hurt growth over the historical period have been rising costs, oil price volatility, counterfeit products and health risks.
Looking ahead, global population growth and urbanization, increasing e-commerce, increasing demand for sportswear, increasing penetration of organized retail in developing economies, and increasing penetration of social media should drive the market. Curtailment of free trade, intense competition, implications of COVID-19 and shortage of cotton are major factors that may hinder the growth of the yarn, fiber and yarn market in the future.
Yarns, fibers and yarns market is segmented by type into regular yarns, fibers and yarns and specialty yarns, fibers and yarns. The regular yarn, fiber and yarn market was the largest segment of the yarn, fiber and yarn market segmented by type, accounting for 92.3% of the total in 2020. Going forward, the specialty yarn, fiber and yarn market is expected to be the fastest growing segment in the yarn, fiber and yarn market segmented by type growing at a CAGR of 14.7% during the period 2020-2025.
Asia Pacific was the largest region in the yarn, fiber and yarn market, accounting for 71.5% of the total in 2020. It was followed by North America, then the other regions. In the future, the fastest growing regions in yarn, fiber and yarn market will be South Americaand, Middle East where growth will be at CAGRs of 20.7% and 18.4% respectively. These will be followed by Africaand Asia Pacificwhere the markets are expected to grow at CAGRs of 14.2 and 13.5% respectively.
The yarn, fiber and yarn market is highly fragmented, with a large number of small players dominating the market. The top ten competitors in the market accounted for 39.29% of the total market in 2020. Market fragmentation can be attributed to local players who have a large number of domestic manufacturing facilities and are present throughout the supply chain. ‘supply. Going forward, the market is expected to witness further expansion as large companies try to expand their presence in other low-cost economies to take advantage of low-cost labor and lower commodity prices. Dear. Sinopec Group was the biggest competitor with 8.43% market share, followed by Toray Industries Inc. with 6.98%, Reliance Industries with 6.28%, Alpek with 5.32%, Far Eastern New Century with 3.61%, Lenzing AG with 2.58%, Indorama Corporation with 2.14%, Teijin Limited with 1.91%, Eastman Chemical Company with 1.12% and DuPont with 0.92%.
The best opportunities in the yarn, fiber and yarn market segmented by type will arise in the segment of regular yarn, fiber and yarn, which will win $62,345.9 million of global annual sales by 2025. Yarn, Fiber, Yarn market size will gain the most in the India at $27,273.9 million.
Market trend based strategies for yarn, fiber and yarn market include development of fibers and yarns derived from biodegradable and sustainable materials, implementation of digital platforms in operational chain to reduce supply chain mistakes, invest in sustainable manufacturing technologies, adopt IOT technology to improve the manufacturing process and invest in new projects through R&D activities and partnerships.
Strategies adopted by players in the Yarn, Fiber and Yarn market include strengthening the product portfolio by launching new products, expanding manufacturing capabilities, expanding fiber business by opening a new manufacturing plant, the reinforcement of the polyester activity by enlarging its production plant and the reinforcement of the synthetic fiber activity by investing in new factories.
To take advantage of opportunities, the editor recommends yarn, fiber and thread companies to focus on sustainable and environmentally friendly products, focus on adopting IOT technologies in manufacturing, make advance sustainable manufacturing technologies, focus on digital platforms for fiber sourcing. channel management, expanding into emerging markets, leveraging e-commerce to maximize reach and revenue, expanding into developed markets, market-based pricing, attending trade shows and events, increasing internet adoption and social media, increased visibility through websites and partnerships with end users.
Main topics covered:
1. Executive Summary of Yarn, Fiber and Yarn Market
2. Table of Contents
3. List of Figures
4. List of tables
5. Structure of the report
6.1. Segmentation by geography
6.2. Segmentation by type
7. Features of the Global Yarn, Fiber and Yarn Market
7.1. Market definition
7.2. Segmentation by type
8. Yarn, Fiber and Yarn Market Product Analysis – Product Examples
9. Yarn, Fiber, and Yarn Market, Supply Chain Analysis
10. Yarn, Fiber and Yarn Market Customer Information
10.1. Impact of COVID-19 on Indian Apparel Manufacturers
10.2. Fall in textile industry revenue due to pandemic
10.3. Transparency is key for apparel and home textile brands
10.4. Customers prefer cotton over others
10.5. Most consumers are unaware of the adverse health effects associated with synthetic fibers
10.6. State of Sustainable Fashion During COVID-19
11. Yarn, Fiber and Yarn Market Trends and Strategies
11.1. Growth of sustainable and environmentally friendly products
11.2. Introduction of Digital Platforms in Fiber Supply Chain Management
11.3. Advancement of sustainable manufacturing technologies
11.4. Adoption of IOT technologies in manufacturing
11.5. Increase partnerships and collaborations
12. Impact of COVID-19 on Yarn, Fiber and Yarn Market
12.2. Impact on Demand
12.3. Supply disruptions
12.4. Future prospects
13. Global yarn, fiber and yarn market size and growth
13.1. Market size
13.2. Historical Market Growth, 2015 – 2020, Value (USD Million)
13.2.1. Market drivers 2015 – 2020
13.2.2. Market Constraints 2015 – 2020
13.3. Market Growth Forecast, 2020 – 2025, 2030F, Value (Million USD)
13.3.1. Market Drivers 2020 – 2025
13.3.2. Constraints on the market 2020 – 2025
14. Yarn, Fiber and Yarn Market, Regional Analysis
14.1. Global Yarn, Fiber & Yarn Market, By Region, Historical & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)
14.2. Global yarn, fiber and yarn market, 2015-2025, historical and forecast, by region
14.3. Global Yarn, Fiber and Yarn Market, 2020-2025, Growth and Market Share Comparison, by Region
15. Global yarn, fiber and yarn market segmentation
15.1. Global Yarn, Fiber and Yarn Market, Segmentation by Type, History & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)
16. Global Yarn, Fiber and Yarn Market Comparison with Macroeconomic Factors
16.1. Yarn, fiber and thread market size, percentage of GDP, global
16.2. Average Per Capita Yarn, Fiber and Yarn Market Expenditure, Worldwide
For more information about this report visit https://www.researchandmarkets.com/r/1zb9jn
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