Global Rayon Fancy Yarn Market – Introduction

  • Rayon fancy yarn is a man-made regenerated cellulose fiber prepared from natural sources of cellulose, such as wood and related agricultural products. Properties of rayon are very much similar to natural cellulose fibers such as cotton and linen. Rayon fancy yarn is relatively inexpensive as compared to other varieties of fancy yarn.
  • People across the globe are experiencing home isolation due to the COVID-19 pandemic, which has impacted the production of rayon fancy yarn, as most federal governments have implemented lockdown. Manufacturing companies are also expanding their online sales channels in various countries across the globe in order to boost the sale of their exclusive range of rayon fancy yarn.

Increasing Demand for Fashion Fabrics

  • Rapid expansion of the middle class population and changing consumer preferences related to fashion and clothing are estimated to drive the demand for fancy yarn during the forecast period. The commercial significance of fancy yarn is expected to increase due to its richness and artistic impact on woven and knitted fibers.
  • The style conscious young generation is investing in fashion clothing and always looking for diversified offerings. Fashion fabrics are increasingly used in knitwear and outwear.

Rise in Production and Export of Fancy Yarn

  • Increase in production of various types of fancy yarn in China, India, Korea, Taiwan, Turkey, and the U.S. etc. is projected to drive the rayon fancy yarn market during the forecasted timeline. Countries such as China, India, Taiwan, and Turkey are exporting fancy yarn to various countries of the globe due to rapid increase in demand for rayon fancy yarn to manufacture outwear, curtains, protective clothing etc.

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Rayon Fancy Yarn Market in Asia Pacific to Expand Rapidly

  • Geographically, the global rayon fancy yarn market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
  • Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. The country-level analysis and forecast of the Europe market includes historical and forecast analysis for the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the rayon fancy yarn market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America rayon fancy yarn market is categorized into Brazil, and Rest of South America.
  • The rayon fancy yarn market in Asia Pacific expanded at a rapid pace in 2019. The market in Asia Pacific is anticipated to expand at a significant rate during the forecast period due to a rise in usage of rayon in making sportswear, curtains, and cushions etc. in India, Japan, South Korea, and various other countries across Southeast Asia.

Key Players Operating in the Rayon Fancy Yarn Market

Prominent rayon fancy yarn companies are projected to witness tough competition during the forecast period. Brands such as Filpucci spa, Grasim Industries Limited., XIAMEN HLX IMPORT AND EXPORT CO., LTD., and ITOCHU Corporation are investing significantly on research & development to introduce new range of rayon fancy yarn and launch an exclusive range of rayon fancy yarn into the market. Companies are boosting awareness and conducting promotional drives to increase the demand for rayon fancy yarn in emerging economies across the globe.

Key players operating in the global rayon fancy yarn market include:

  • Filpucci spa
  • Shanti Rayons India Pvt. Ltd.
  • Cortex Textile
  • Hangzhou Xingsheng Textile Co Ltd.
  • Grasim Industries Limited.
  • RST GROUP
  • XIAMEN HLX IMPORT AND EXPORT CO., LTD.
  • Sateri
  • Winning Textile Co. Ltd.
  • ITOCHU Corporation

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Global Rayon Fancy Yarn Market – Research Scope

Global Rayon Fancy Yarn Market, by Product Type

  • Spiral Yarn
  • Gimp Yarn
  • Loop Yarn
  • Snarl Yarn
  • Knob Yarn
  • Slub Yarn
  • Others (Cover Yarn, Chenille Yarn, etc.)

Global Rayon Fancy Yarn Market, by Price

  • High/Premium
  • Medium
  • Low

Global Rayon Fancy Yarn Market, by End-use

  • Fashion Clothing
  • Knitwear
  • Ties
  • Furnishings
  • Curtains
  • Upholstery
  • Others

Global Rayon Fancy Yarn Market, by Distribution Channel

  • Offline
  • Online

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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.

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