Fancy Yarn Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Fancy Yarn Market - Overview

Fancy yarns are special products which are made by spinning, twisting, texturing, wrapping, and knitting of yarn. Yarn is made by assembling textile fibers in a form suitable for knitting or weaving. What makes fancy yarn different from traditional yarn is different linear densities, different twists, different elasticity, and finally different raw materials. Fancy yarns are made to have imperfect designs so that they can look fancy. Their twisting and texturing are done to get new and unspecified design in the clothing. Some manufacturers give effects while knitting and twisting the fancy yarn. Fancy yarns are made from natural as well as synthetic yarn. The materials which are used in producing fancy yarns are cotton, wool, silk, polyester, nylon, blend, etc. Popularity of metallic yarn is growing in the fancy yarn market due to its increasing demand in party wear clothes and curtains. Traditionally, gold and silver were used to make metallic yarn; nowadays, aluminized plastic yarn, aluminum yarn, and aluminized nylon are used to make fancy yarns.

Fancy Yarn Market - Drivers and Restraints

Fancy yarns are used mostly to manufacture textiles especially for children and women. They are also used to make curtains, carpets, decorative materials, and textile fabrics. Marl yarn, a type of fancy yarn is mostly used to give good effects in thin lines for men’s suiting. Textile is one of the oldest industries and provides employment to millions of people. China and India are leaders in clothing and textile in the world. Together they contribute around 40% of the global production of clothing and textile. Stock of yarn has increased both in Asia and Europe but slightly declined in South America. However, Asia and Europe are the top global exporters of yarn.

Demand for clothing never dies down due to modern fashion trends, increasing disposable income, and technological advancement in weaving and knitting. Today, innovations and research are an integrated part of the textile industry. Usage of textiles in the medical sector and construction industry is on the rise. Fashion and trends of new and stylish clothing is also driving the global fancy yarn market. Both natural and synthetic fibers are used to make carpets, curtains, and clothes. There has been change in the buying pattern of consumers, where once the fashionable customer bought new outfits every season, now certain sections of the market are frequently buying new clothes. This has resulted in the growth of the fancy yarn market. There are also some innovations and advancements from the supply side. Manufacturers are now becoming more heavily involved in assisting the pattern-designers and retailers.

There are various types of fancy yarn available for the manufacturing of carpets, curtains, and clothes and textile accessories. These include marl yarn, spiral or corkscrew yarn, gimp yarn, diamond yarn, loop yarn, snarl yarn, knop yarn, slub yarn, fascinated yarn, tape yarn, chenille yarn, ribbon yarns, composite yarn, covered yarn, and metallic yarn. Every yarn is different from the other in terms of shape, size, different linear densities, different twists, and elasticity.

Fancy Yarn Market - Segmentation

The global fancy yarn market can be segmented based on product type, raw material, application, and region. Based on product type, the fancy yarn market can be classified into chenille yarn, gimp yarn, loop yarn, knop yarn, and others. In terms of raw material, the fancy yarn market is segmented into natural and synthetic. Based on applications, the fancy yarn market can be classified into textile, home furnishing and others. Based on region, the fancy yarn market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Fancy Yarn Market - Key Players

Some of the key players in the global fancy yarn market are Loyal Textile Mills Ltd., Sutlej Textiles and Industries Limited, Wuxi Tiantianrun Fancy Yarn Co., Ltd, Jiangyin Huayi Yarn co., Ltd., Fatima Group Company, Shri Damodar Yarn Manufacturing Pvt. Ltd., Classic Elite Yarns, American Woolen Co, Sulochana Cotton Spinning Mills Pvt. Ltd., Rajvir Industries Limited, and Amarjothi House.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.