Lucintel Forecasts The Global Textile Yarn Market To Reach $21.2 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global textile yarn market looks promising with opportunities in the apparel, home textile, and industrial applications. The global textile yarn market is expected to reach an estimated $21.2 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing interest for personnel appearance and home textiles and rising preference for eco-friendly and sustainable yarns.
A more than 150–page report is developed to understand Trends, opportunity and forecast in textile yarn market to 2030 by type (artificial and natural), source (chemical, plant, animal, and others), application (apparel, home textile, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, artificial and natural are the major segments of textile yarn market by type. Lucintel forecasts that artificial is expected to witness the higher growth over the forecast period.
Within this market, home textile is expected to witness the highest growth over the forecast period.
APAC is expected ...
... to witness highest growth over the forecast period.
Celanese, Asahi Kasei, Toray Industries, Vardhman Textiles, and Raymond are the major suppliers in the textile yarn market.
This unique research report 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 write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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