This report describes and explains the yarn, fiber and thread market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global yarn, fiber and thread market reached a value of nearly $97.13 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.90% since 2019. The market is expected to grow from $97.13 billion in 2024 to $133.42 billion in 2029 at a rate of 6.55%. The market is then expected to grow at a CAGR of 5.02% from 2029 and reach $170.42 billion in 2034.
Growth in the historic period resulted from increased textile exports, increased demand for sustainable and eco-friendly textiles, strong presence of fashion and apparel industry and favorable government initiatives. Factors that negatively affected growth in the historic period were the fluctuating raw material prices and competition from synthetic alternatives.
Going forward, the increasing popularity of athleisure and sportswear, growing e-commerce and online retail, rising industrial fiber demand and growing popularity of fast fashion will drive growth. Factor that could hinder the growth of the yarn, fiber and thread market in the future include were decline in traditional weaving practices and labor shortages.
Asia-Pacific was the largest region in the yarn, fiber and thread market, accounting for 70.38% or $68.36 billion of the total in 2024. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the yarn, fiber and thread market will be Middle East and Africa where growth will be at CAGRs of 16.43% and 8.96% respectively. These will be followed by Asia-Pacific and Western Europe where the markets are expected to grow at CAGRs of 6.14% and 4.54% respectively.
The global yarn, fiber and thread markets are fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 12.99% of the total market in 2023. Sinopec Group was the largest competitor with a 2.61% share of the market, followed by Reliance Industries Ltd. with 2.33%, Alpek S.A.B. de C.V with 1.40%, Toray Industries Inc. with 1.39%, Teijin Limited with 1.29%, Eastman Chemical Company with 1.22%, Lenzing AG with 1.00%, Indorama Corporation with 0.68%, DuPont de Nemours Inc. with 0.62% and Parkdale Mills Inc. with 0.45%.
The yarn, fiber and thread market is segmented by type into regular yarn, fiber and thread and special yarn, fiber and thread. The regular yarn market was the largest segment of the yarn, fiber and thread market segmented by type, accounting for 70.57% or $68.55 billion of the total in 2024. Going forward, the special yarn segment is expected to be the fastest growing segment in the yarn, fiber and thread market segmented by type, at a CAGR of 7.71% during 2024-2029.
The yarn, fiber and thread market is segmented by end user into apparel, footwear and accessories, home interior and other end users. The apparel market was the largest segment of the yarn, fiber and thread market segmented by end user, accounting for 55.63% or $54.03 billion of the total in 2024. Going forward, the apparel segment is expected to be the fastest growing segment in the yarn, fiber and thread market segmented by end user, at a CAGR of 7.05% during 2024-2029.
The yarn, fiber and thread market is segmented by application into quilting, sew and stitch and embroidery. The quilting market was the largest segment of the yarn, fiber and thread market segmented by application, accounting for 51.65% or $50.16 billion of the total in 2024. Going forward, the embroidery segment is expected to be the fastest growing segment in the yarn, fiber and thread market segmented by application, at a CAGR of 6.76% during 2024-2029.
The top opportunities in the yarn, fiber and thread market segmented by type will arise in the regular yarn segment, which will gain $93.9 billion of global annual sales by 2029. The top opportunities in the yarn, fiber and thread market segmented by product will arise in the quilting segment, which will gain $69.49 billion of global annual sales by 2029. The top opportunities in the yarn, fiber and thread market segmented by application will arise in the apparel segment, which will gain $75.97 billion of global annual sales by 2029. The yarn, fiber and thread market size will gain the most in India at $16.51 billion.
Market-trend-based strategies for the yarn, fiber and thread market include strategic partnerships driving sustainability and circular economy in textiles, innovative recycled polyester advancing sustainability and circularity in textiles, innovative high-performance textile yarns enhance durability and sustainability in fabrics and sustainable filament yarn revolutionizing eco-friendly textile manufacturing worldwide.
Player-adopted strategies in the yarn, fiber and thread market include focus on expanding its business capabilities through strategic business expansions to expand its operational capabilities and manufacturing capabilities through innovative product launch.
To take advantage of the opportunities, the analyst recommends the yarn, fiber and thread market companies to focus on scaling sustainable fiber innovation for competitive growth, focus on high-performance yarn innovation for technical applications, focus on expanding sustainable product lines using recycled materials, focus on special yarn to capture high-growth opportunities, expand in emerging markets, focus on strategic collaborations to advance recycling and traceability, focus on optimizing value-based pricing across segments, align promotion with market demand trends, strengthen digital engagement and lead conversion, focus on embroidery to leverage highest growth in craft segments, focus on apparel to maximize high-growth demand across consumer segments.
The global yarn, fiber and thread market reached a value of nearly $97.13 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.90% since 2019. The market is expected to grow from $97.13 billion in 2024 to $133.42 billion in 2029 at a rate of 6.55%. The market is then expected to grow at a CAGR of 5.02% from 2029 and reach $170.42 billion in 2034.
Growth in the historic period resulted from increased textile exports, increased demand for sustainable and eco-friendly textiles, strong presence of fashion and apparel industry and favorable government initiatives. Factors that negatively affected growth in the historic period were the fluctuating raw material prices and competition from synthetic alternatives.
Going forward, the increasing popularity of athleisure and sportswear, growing e-commerce and online retail, rising industrial fiber demand and growing popularity of fast fashion will drive growth. Factor that could hinder the growth of the yarn, fiber and thread market in the future include were decline in traditional weaving practices and labor shortages.
Asia-Pacific was the largest region in the yarn, fiber and thread market, accounting for 70.38% or $68.36 billion of the total in 2024. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the yarn, fiber and thread market will be Middle East and Africa where growth will be at CAGRs of 16.43% and 8.96% respectively. These will be followed by Asia-Pacific and Western Europe where the markets are expected to grow at CAGRs of 6.14% and 4.54% respectively.
The global yarn, fiber and thread markets are fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 12.99% of the total market in 2023. Sinopec Group was the largest competitor with a 2.61% share of the market, followed by Reliance Industries Ltd. with 2.33%, Alpek S.A.B. de C.V with 1.40%, Toray Industries Inc. with 1.39%, Teijin Limited with 1.29%, Eastman Chemical Company with 1.22%, Lenzing AG with 1.00%, Indorama Corporation with 0.68%, DuPont de Nemours Inc. with 0.62% and Parkdale Mills Inc. with 0.45%.
The yarn, fiber and thread market is segmented by type into regular yarn, fiber and thread and special yarn, fiber and thread. The regular yarn market was the largest segment of the yarn, fiber and thread market segmented by type, accounting for 70.57% or $68.55 billion of the total in 2024. Going forward, the special yarn segment is expected to be the fastest growing segment in the yarn, fiber and thread market segmented by type, at a CAGR of 7.71% during 2024-2029.
The yarn, fiber and thread market is segmented by end user into apparel, footwear and accessories, home interior and other end users. The apparel market was the largest segment of the yarn, fiber and thread market segmented by end user, accounting for 55.63% or $54.03 billion of the total in 2024. Going forward, the apparel segment is expected to be the fastest growing segment in the yarn, fiber and thread market segmented by end user, at a CAGR of 7.05% during 2024-2029.
The yarn, fiber and thread market is segmented by application into quilting, sew and stitch and embroidery. The quilting market was the largest segment of the yarn, fiber and thread market segmented by application, accounting for 51.65% or $50.16 billion of the total in 2024. Going forward, the embroidery segment is expected to be the fastest growing segment in the yarn, fiber and thread market segmented by application, at a CAGR of 6.76% during 2024-2029.
The top opportunities in the yarn, fiber and thread market segmented by type will arise in the regular yarn segment, which will gain $93.9 billion of global annual sales by 2029. The top opportunities in the yarn, fiber and thread market segmented by product will arise in the quilting segment, which will gain $69.49 billion of global annual sales by 2029. The top opportunities in the yarn, fiber and thread market segmented by application will arise in the apparel segment, which will gain $75.97 billion of global annual sales by 2029. The yarn, fiber and thread market size will gain the most in India at $16.51 billion.
Market-trend-based strategies for the yarn, fiber and thread market include strategic partnerships driving sustainability and circular economy in textiles, innovative recycled polyester advancing sustainability and circularity in textiles, innovative high-performance textile yarns enhance durability and sustainability in fabrics and sustainable filament yarn revolutionizing eco-friendly textile manufacturing worldwide.
Player-adopted strategies in the yarn, fiber and thread market include focus on expanding its business capabilities through strategic business expansions to expand its operational capabilities and manufacturing capabilities through innovative product launch.
To take advantage of the opportunities, the analyst recommends the yarn, fiber and thread market companies to focus on scaling sustainable fiber innovation for competitive growth, focus on high-performance yarn innovation for technical applications, focus on expanding sustainable product lines using recycled materials, focus on special yarn to capture high-growth opportunities, expand in emerging markets, focus on strategic collaborations to advance recycling and traceability, focus on optimizing value-based pricing across segments, align promotion with market demand trends, strengthen digital engagement and lead conversion, focus on embroidery to leverage highest growth in craft segments, focus on apparel to maximize high-growth demand across consumer segments.
Major Market Trends
- Strategic Partnerships Driving Sustainability and Circular Economy in Textiles
- Innovative Recycled Polyester Advancing Sustainability and Circularity in Textiles
- Innovative High-Performance Textile Yarns Enhance Durability and Sustainability in Fabrics
- Sustainable Filament Yarn Revolutionizing Eco-Friendly Textile Manufacturing Worldwide
Key Mergers and Acquisitions
- Spiber Inc. Announced a Partnership With Botto Giuseppe
- Brickle Group Acquired Family Yarns Inc.
- Sistema.bio Acquired Inclusive Energy (IE)
- RSWM Limited Acquired Ginni Filaments Ltd.
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Global Yarn, Fiber and Thread
9 Global Yarn, Fiber and Thread Market Segmentation
10 Yarn, Fiber and Thread Market, Regional and Country Analysis
11 Asia-Pacific Market
12 Western Europe Market
13 Eastern Europe Market
14 North America Market
15 South America Market
16 Middle East Market
17 Africa Market
18 Competitive Landscape and Company Profiles
19 Other Major and Innovative Companies
22 Key Mergers and Acquisitions
23 Recent Developments in the Yarn, Fiber and Thread Market
24 Opportunities and Strategies
25 Yarn, Fiber and Thread Market, Conclusions and Recommendations
26 Appendix
Executive Summary
Yarn, Fiber and Thread Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global yarn, fiber and thread market.Reasons to Purchase
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Description
Where is the largest and fastest-growing market for yarn, fiber and thread? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The yarn, fiber and thread market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider yarn, fiber and thread market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by end user and by application.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size and Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by end user and by applications in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments - Information on recent developments in the market covered in the report.
- Market Opportunities and Strategies Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations This section includes recommendations for Yarn, fiber, and thread market providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Type: Regular Yarn; Fiber and Thread; Special Yarn2) by End User: Apparel; Footwear and Accessories; Home Interior; Other End Users
3) by Application: Quilting; Sew and Stitch; Embroidery
Key Companies Profiled: Sinopec Group; Reliance Industries Ltd.; Alpek S. a.B. de C.V; Toray Industries Inc.; Teijin Limited
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; yarn, fiber and thread indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
The companies featured in this Yarn, Fiber and Thread market report include:- Sinopec Group
- Reliance Industries Ltd.
- Alpek S.A.B. de C.V
- Toray Industries Inc.
- Teijin Limited
- Eastman Chemical Company
- Lenzing AG
- Indorama Corporation
- DuPont de Nemours Inc.
- Parkdale Mills Inc.
- Toray Industries (India) Private Limited
- Far Eastern New Century
- Weiqiao Textile Co., Ltd
- Nisshinbo Textile Inc.
- Marubeni Corporation
- Saint Gobain Tape Solutions
- Trelleborg Engineered Coated Fabrics
- Unifi Inc.
- Tex Tech Industries
- Huvis
- Kuraray Co., Ltd
- Indorama Ventures
- Asahi Kasei Corporation
- Vardhman Textiles Ltd
- Grasim Industries Limited
- Hengli Group Co., Ltd
- Arvind | Advanced Materials Limited
- Indo-Rama Synthetics
- RSWM Limited
- Colossustex Private Limited
- Raymond Ltd
- Ambika Cotton Mills Limited
- Damodar Group
- HuaFang Group
- KPR Mill Limited
- Maharaja Shree Umaid Mills Limited
- Nitin Spinners Limited
- Alok Industries Limited
- Filatex India Limited
- Rifil SA
- Aditya Birla Group
- Glanzstoff Group
- LPP SA
- Coats Romania SRL
- Silvania Worsted Spinning
- Yarnea S.R.L.
- Amann România S.R.L.
- Schoeller Textiles AG
- Sintex Company, Inc.
- KORDÁRNA Plus a.s.
- Tollegno 1900 S.p.A.
- REPREVE
- Brickle Group
- Evrnu
- Shalag US
- Roswell Textiles
- EQ3
- Texel Inc.
- INDUSTRIES 3R INC.
- Amtex (YARN) Manufacturing Inc.
- Fibrofill inc.
- Wallace Workwear Inc.
- Lenrod Industries
- Bermatex
- Coats Bell Div. of Coats Canada Inc.
- Albany International Corp.
- InPro Corporation
- Dunmore Corp.
- Fabrico
- Bally Ribbon Mills
- Aurora Specialty Textiles Group, Inc.
- Regitex
- Globe Thread Canada (GTC)
- Laxer Fiber Company Limited
- Great Northern Knitters Incorporation
- Belfast Mini Mills, Ltd.
- Paramount Texteis
- Fiacao Sao Bento S.A. (Brazil)
- Siltex Brasil Ltda
- Textil Sao Joao
- Grupo Argentino Del Color
- Chenille Argentina SRL
- Albaad group
- Yarns Dubai
- Mattex Yarns
- United Textiles Aratex Group
- Saudi Spinning & Textile Mill
- Harvest Group
- Elasticos Yarns
- The Yarn Room
- Leena Egypt
- AlSaraTex Co.
- Integrated Fibres Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 342 |
| Published | June 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 97.13 Billion |
| Forecasted Market Value ( USD | $ 170.42 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 94 |
