Textile Yarn Market by Source, Type, Application And Region – Global Forecast to 2028

The increasing global population, as more people move to urban areas, the demand for textiles and textile products rises, creating a higher demand for textile yarns.

The cotton yarn segment in plant yarn type is expected to account for the largest share in 2023.

Based on plant sources, the cotton segment is projected to lead the textile yarn market during the forecast period.Cotton yarn holds a significant position in the textile industry and has experienced substantial demand, growth, and dominance over the years.

Cotton yarn is particularly dominant in the clothing industry due to:

-its favorable properties for making comfortable and breathable garments: clothing items, including t-shirts, jeans, dresses, shirts, and innerwear.

-The demand for cotton yarn in the clothing sector remains consistently high.

The home textile segment is projected to grow during the forecast period: bedding, curtains, upholstery fabrics, towels, rugs, and more.

Home textiles play a vital role in enhancing the aesthetic appeal and functionality of homes. They are used for various purposes, such as providing comfort, adding decorative elements, and improving the overall ambiance of living spaces.

Textile yarns are essential components in the production of home textile products, as they form the foundation for weaving or knitting fabrics used in these applications.

China is expected to account for the largest market share in Asia-Pacific in 2023:

-has a well-established and extensive textile industry, with numerous spinning mills and yarn manufacturers.

-Its large-scale production capabilities, benefits from cost-effective production.

-has access to abundant raw materials: cotton and synthetic fibers, at competitive prices

-a strong infrastructure for textile manufacturing, including well-developed supply chains and efficient production processes.

These factors enable Chinese manufacturers to offer competitive pricing for textile yarns

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