Yarn Market Size and Share
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 14.98 Billion |
| Market Size (2030) | USD 18.70 Billion |
| CAGR (2025 - 2030) | 4.53% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Yarn Market Analysis by Mordor Intelligence
The Yarn Market size is estimated at USD 14.98 billion in 2025, and is expected to reach USD 18.70 billion by 2030, at a CAGR of 4.53% during the forecast period (2025-2030).
The global yarn market is the foundation for fabric production across apparel, home textiles, and industrial materials. Yarn production encompasses natural, synthetic, and blended fibers used in manufacturing textiles for clothing, upholstery, carpets, and technical applications. The market growth stems from expansion in the fashion and apparel industry, higher disposable incomes, and increased consumer demand for quality fabrics. Production efficiency has improved through advances in spinning and dyeing processes.
Asia-Pacific leads global yarn production, with China, India, Bangladesh, and Vietnam as primary manufacturers. These countries maintain extensive textile industries with substantial manufacturing capacity and competitive labor costs. FAOSTAT reports that unginned cotton production in Asia increased from 46.5 million metric tons in 2022 to 48.1 million metric tons in 2023. China maintains its position as the largest producer and exporter of cotton and synthetic yarns, supported by comprehensive textile infrastructure and raw material access. India ranks second, leveraging its cotton production and robust spinning sector. Turkey and the United States contribute to the market through specialty and premium yarn production.
China, India, and Pakistan are major yarn exporters, supplying global textile manufacturers. Primary importers include European countries, the United States, and Southeast Asian nations, where garment production exceeds domestic yarn capacity. The United States imported USD 79.9 million worth of cotton yarn containing more than 85% cotton, excluding sewing thread, according to ITC Trade Map. E-commerce growth and global supply chains facilitate international trade, enabling manufacturers to source yarn based on cost, quality, and fiber requirements. Trade agreements and supportive government policies in textile-producing countries strengthen global trade networks.
The yarn market expansion is driven by increased demand for sustainable and organic textiles, including organic cotton and recycled fibers. According to a 2024 Nielsen study, 66% of Gen Z consumers are ready to pay a premium for sustainability, emphasizing the need for businesses to weave sustainability and social responsibility into their core strategies. Furthermore, Consumer preferences for durable, soft, and high-performance fabrics have spurred innovations in yarn production, particularly in sportswear and industrial applications. Automated spinning technologies have enhanced production efficiency and reduced costs. The integration of digital tools, including AI-driven quality control and predictive maintenance, has optimized production processes further boosting the market.
Global Yarn Market Trends and Insights
Plant-Sourced Yarn Holds the Largest Share
Plant-sourced yarn holds the largest share of the global yarn market, driven by its natural origin, sustainability, and widespread use across textiles, fashion, and home furnishings. Derived primarily from cotton, linen (flax), hemp, and bamboo, plant-based yarns offer eco-friendly alternatives to synthetic and animal-derived fibers. Cotton remains the most widely used plant-based yarn, accounting for a significant portion of global textile production. Its soft texture, breathability, and moisture absorption properties make it highly suitable for apparel, home textiles, and industrial applications. Countries such as India, China, the United States, Brazil, and Pakistan dominate cotton yarn production, benefiting from large-scale cotton farming and well-established spinning industries. FAOSTATS data shows Africa's cotton harvested area increased from 4.72 million hectares in 2022 to 4.84 million hectares in 2023. Additionally, cotton spinning and weaving technology advancements have improved efficiency, making cotton-based textiles more accessible and affordable across global markets.
Other plant-based yarns, including linen, hemp, and bamboo, are also gaining traction, particularly in the sustainable fashion and premium textile segments. Linen, derived from flax, is valued for its durability, moisture-wicking properties, and natural antibacterial qualities, making it popular for summer clothing, upholstery, and home textiles. Hemp yarn is increasingly being used for its strength, resistance to wear, and minimal environmental footprint. Bamboo yarn, known for its silky texture and moisture-wicking abilities, is widely used in activewear, baby clothing, and luxury fabrics due to its antibacterial and hypoallergenic properties. In March 2023, India's Kerala State Bamboo Corporation brought bamboo yarn to forefront. Malappuram district has 300 acres of bamboo cultivation over which 1200 more acres has added for bamboo cultivation. For the first phase, National Bamboo Mission has sanctioned Rs 7 crore. Innovations in fiber blending, such as cotton-linen and cotton-bamboo combinations, are further enhancing fabric performance and broadening application possibilities.
Trade and global supply chains play a crucial role in the dominance of plant-sourced yarns. Major cotton-producing countries export raw and processed yarn to textile hubs worldwide, ensuring a steady supply for garment and fabric manufacturers. Free trade agreements, favorable agricultural policies, and investments in spinning technology have further strengthened the plant-based yarn industry. The India-Australia trade agreement, sealed in April 2022, extends tariff concessions on a spectrum of products, including cotton yarn and textiles. Moreover, increasing consumer demand for traceable and ethically sourced fibers is encouraging brands to adopt sustainable supply chain practices, reinforcing the growth of plant-sourced yarn. As the textile industry continues its shift toward sustainability, plant-sourced yarns will remain the largest and most influential segment in the global market.
Asia Pacific is the Largest Yarn Market
Asia Pacific dominates the global yarn market through its textile manufacturing base, raw material availability, and cost-effective production capabilities. The region's major yarn-producing countries - China, India, Bangladesh, Pakistan, and Vietnam - account for a substantial share of global yarn production and exports. Cotton yarn production drives the Asia Pacific market, with India and China leading global cotton cultivation and spinning industries. These countries leverage favorable climatic conditions, extensive cotton farming, and established spinning mills for both domestic consumption and exports. According to the Ministry of Textile, Government of India, the total global area under cotton cultivation reached 31.8 million hectares in 2023. India leads global cotton cultivation, accounting for 39% of the global area under cotton cultivation, with 12.9 million hectares in 2023, an increase from 12.3 million hectares in 2022. Furthermore, India's cotton yarn exports increased from 0.67 million metric tons in 2022 to 1.08 million metric tons in 2023. Pakistan and Bangladesh contribute significantly to cotton yarn exports, supplying major textile hubs worldwide.
The region produces synthetic and blended yarns, including polyester, viscose, and acrylic, serving the apparel and technical textiles sectors. China leads polyester yarn production through its petrochemical industry and manufacturing infrastructure. India has established its position in viscose and blended yarn production through its fiber base and textile processing capabilities. The adoption of plant-sourced yarns, such as bamboo and hemp, adds to the market's diversity and meets the demand for sustainable textile solutions.
Trade and exports strengthen Asia Pacific's yarn market position, with China, India, and Vietnam supplying global textile manufacturing hubs in Europe, North America, and the Middle East. Competitive labor costs, supply chains, and textile machinery advancements enable cost-effective and high-volume production. India's exports of cotton yarn other than sewing thread (containing 85% or more cotton by weight) increased from 671.1 thousand metric tons in 2022 to 1,084.5 thousand metric tons in 2023. Free trade agreements and export policies facilitate the region's integration into global textile supply chains.
Government initiatives support the yarn market expansion in Asia Pacific. India and China offer subsidies, tax benefits, and infrastructure investments to enhance textile production and exports. In 2022, the Cotton Corporation of India Limited partnered with the Cotton Textiles Export Promotion Council to market Kasturi cotton globally. With production capabilities, domestic demand, and export market growth, Asia Pacific maintains its position in the global yarn industry. The region's yarn production and trade position continues to strengthen through technological advancements, sustainability efforts, and government support.
Competitive Landscape
The yarn market is fragmented, with major companies such as Aditya Birla Group (Grasim Industries Limited), Vardhman Textiles Ltd., Parkdale Mills Inc., Huvis Corporation, and Shandong Weiqiao Pioneering Group holding significant market shares. The market has reached saturation, with manufacturers offering similar products. The absence of major innovations has made it challenging for companies to establish market dominance. Diverse raw material sources, production technologies, and consumer preferences cause fragmentation. Market competition is further intensified by fluctuating raw material prices, trade regulations, and variations in regional demand, resulting in dispersed market shares.
Yarn Industry Leaders
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Aditya Birla Group (Grasim Industries Limited)
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Parkdale Mills Inc.
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Huvis Corporation
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Shandong Weiqiao Pioneering Group
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Vardhman Textiles Ltd.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- September 2024: Ecofibre Limited has signed a deal with Under Armour, Inc. It will supply NEOLASTTM yarns to Under Armour's selected knitting mills. The agreement also includes the acquisition of related manufacturing equipment.
- March 2023: The Kerala State Bamboo Corporation established a bamboo yarn production facility in India. The National Bamboo Mission allocated INR 7 crore for the initial development phase.
- May 2022: The Pakistani government offered incentives to the farmers to enable them to switch from the water-intensive sugarcane crop to cotton production to rely less on processed cotton imports and enhance cotton production and processing.
Global Yarn Market Report Scope
Yarn is a continuous length of interlocked fibers used in fabric production, knitting, crocheting, embroidery, and rope manufacturing. It is available in various forms, including balls of wool for general use and specialized threads for sewing machines and embroidery work. The yarn market is segmented by Source (Animal, Chemical, Plant, and Others), Material (Natural Fiber and Synthetic Fiber), Application (Apparel, Home Textile, Industrial, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts regarding value (USD) and volume (metric tons) for the above-mentioned segments.
| Animal |
| Chemical |
| Plant |
| Others |
| Natural Fiber |
| Synthetic Fiber |
| Apparel |
| Home Textile |
| Industrial |
| Others |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| France | |
| Spain | |
| Italy | |
| United Kingdom | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Australia | |
| Japan | |
| Rest of Asia Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Africa | South Africa |
| Rest of Africa |
| Source | Animal | |
| Chemical | ||
| Plant | ||
| Others | ||
| Material | Natural Fiber | |
| Synthetic Fiber | ||
| Application | Apparel | |
| Home Textile | ||
| Industrial | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| France | ||
| Spain | ||
| Italy | ||
| United Kingdom | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Australia | ||
| Japan | ||
| Rest of Asia Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Africa | South Africa | |
| Rest of Africa | ||
Key Questions Answered in the Report
How big is the Yarn Market?
The Yarn Market size is expected to reach USD 14.98 billion in 2025 and grow at a CAGR of 4.53% to reach USD 18.70 billion by 2030.
What is the current Yarn Market size?
In 2025, the Yarn Market size is expected to reach USD 14.98 billion.
Who are the key players in Yarn Market?
Aditya Birla Group (Grasim Industries Limited), Parkdale Mills Inc., Huvis Corporation, Shandong Weiqiao Pioneering Group and Vardhman Textiles Ltd. are the major companies operating in the Yarn Market.
Which is the fastest growing region in Yarn Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Yarn Market?
In 2025, the Asia Pacific accounts for the largest market share in Yarn Market.
What years does this Yarn Market cover, and what was the market size in 2024?
In 2024, the Yarn Market size was estimated at USD 14.30 billion. The report covers the Yarn Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Yarn Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Yarn Market Report
Statistics for the 2025 Yarn market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Yarn analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
