The fiber, yarn, and thread mills market primarily engages in the manufacturing and marketing of spinning yarn from fibers; manufacturing of threads for sewing, crocheting, embroidery, and other applications. Some of the key products include animal fiber yarn, spooling, twisting and winding purchased yarn, Beaming yarn Carpet and rug yarn etc.
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The global fiber, yarn, and thread mills market has shown powerful growth in the past years with a CAGR of over 9%. The year 2017 recorded highest ever growth in this market with a net value of $317 billion as per TBRC’s inhouse consultants.
TBRC’s latest report show historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the fiber, yarn, and thread mills market to grow at a higher CAGR till 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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Regular yarn, fiber and thread was the largest segment in the yarn, fiber and thread manufacturing market with 78.6% share of the market. This is due to high demand for regular shaped threads from fabric manufacturing units, especially from developing economies such as China.
Special yarn, fiber and thread was the second largest segment in the yarn, fiber and thread manufacturing market with 21.4% share of the market.
Companies included in the report are Toray Industries Inc., Indorama Corporation Pte. Ltd, Weiqiao Textile Company Limited, Far Eastern New Century, and Unifi Inc.
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