Market Analysis & Forecasts

2022-11-03

Global textile yarns market to reach USD17.1 Billion by 2027

Reportlinker.com announces the release of the report "Global Textile Yarns Industry". Artificial, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach USD 10.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Natural segment is readjusted to a revised 4.6% CAGR for the next 7-year period.

In the changed post COVID-19 business landscape, the global market for Textile Yarns estimated at US$12. 2 Billion in the year 2020, is projected to reach a revised size of US$17. 1 Billion by 2027, growing at aCAGR of 5% over the period 2020-2027.

The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 7.8% CAGR

The Textile Yarns market in the U.S. is estimated at US$3.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2027 trailing a CAGR of 7.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights

World Market Trajectories

Impact of Covid-19 and a Looming Global Recession

Textile Yarns - Global Key Competitors Percentage Market Share

in 2022 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for

Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS