Lucintel Blog: Clothing is expected to remain the largest segment in the global spun yarn market

Monday, July 10, 2023

Clothing is expected to remain the largest segment in the global spun yarn market

An exciting new study from the team of Lucintel found that spun yarn market is expected to reach $101.3 billion by 2028 with a CAGR of 2.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/spun-yarn-market.aspx.

The spun yarn market is segmented based on application, yarn type, and region. In this market, clothing is expected to remain the largest application, and cotton spun yarn segment is expected to remain the largest yarn type. Players can benefit from the available opportunities like the increasing growth of ring-spun, open-end and vortex-spun technology of spun yarns in China.

Recyclability of various yarns, such as cotton and viscose and rising demand for new spinning system and technologies for spun yarn are emerging trends having impact on dynamics of the industry.

Indorama Ventures, Far Eastern New Century, Parkdale Mills, Shuford Yarns, Hyosung Advanced Material, Bitratex, Thai Polyester Co. Ltd., Aarti International, and Hubei Yuanying Industry & Trade Co., Ltd. are some of the major players profiled in this 71 page report.

Request Sample Pages by clicking on https://www.lucintel.com/spun-yarn-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the spun yarn market by application (clothing, and industrial), yarn type (cotton, polyester, cellulosic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the spun yarn market?

Q.4 What are some changing demands of customers in the spun yarn market?

Q.5 What are the new developments in the spun yarn market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this spun yarn area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this spun yarn market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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