Market Overview:
The global modal yarn market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural fibers over synthetic fibers and rising awareness about the benefits of using modal yarns, such as high absorbency and moisture management properties. Based on type, the ring spinning modal yarn segment is projected to lead the global modal yarn market during the forecast period. This can be attributed to its superior quality and softness as compared to other types of modal yarns. Based on application, clothing is expected to account for a major share of the global market during the forecast period. This can be attributed to increasing demand from fashion-conscious consumers across regions.
Product Definition:
Modal yarn is a type of synthetic fiber that is made from cellulose. It has a high degree of stretch and drape, making it ideal for use in knitwear and lingerie. Modal yarn is also known for its softness and breathability, making it comfortable to wear against the skin.
Ring Spinning Modal Yarn:
Ring spinning is a method of manufacturing yarns or spun fibers by using a metal or plastic ring which is mounted on a spindle. The yarns/fibers thus obtained are of high quality and have uniform thickness. This process produces very fine, soft, and durable fabrics with excellent elasticity & strength as compared to other processes such as plain spinning and draw-spinning.
Siro Spinning Modal Yarn:
Siro spinning modal yarn is a type of spun fiber that contains short fibers (around 4-10) and long fibers (20-40). It can be used for making clothing, home furnishing, etc. The advantages of this yarn include high absorbency, excellent drapeability & softness, and quick drying.
Application Insights:
The clothing application segment led the global modal yarn market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for lightweight, breathable and comfortable apparel among all age groups. In addition, increasing consumer preference for unique designs and innovative fabrics that are produced using modern technology is expected to propel product demand in this application over the next seven years.
The household products application segment accounted for 20% of total market volume in 2017 on account of growing awareness regarding health issues among consumers coupled with high demand from major textile manufacturing countries such as China, India and Brazil is expected to drive growth over the forecast period. Increasing use of natural fibers such as modal by manufacturers of home textiles including sheets, towels and carpets due to its properties including softness, absorbency & drying quickly will further boost industry growth during the estimated time frame.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for textiles and clothing from developing countries such as China, India, Bangladesh, Pakistan, and Sri Lanka. In addition, rising population coupled with growing consumer disposable income levels will drive regional growth further.
The European market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due to high product demand from home furnishing industry along with decorative applications for apparel products such as scarves & shawls & wraps among others across countries including Germany, Italy among others are expected drive regional growth over the forecast period.
Growth Factors:
- Increasing demand from the apparel industry for high-quality modal yarns
- Rising popularity of natural and sustainable fabrics
- Growing use of modal yarn in technical applications such as medical textiles and filters
- Technological advancements that have led to the development of new modal yarn products
- Expansion of global trade, which is providing opportunities for Modal Yarn manufacturers to export their products to new markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Modal Yarn Market Research Report
By Type
Ring Spinning Modal Yarn, Siro Spinning Modal Yarn, Compact Siro Spinning Modal Yarn, Siro Spinning Modal Yarn, Bora Modal Yarn
By Application
Decorations, Clothing, Household Products, Others
By Companies
DuPont, Swicofil, Libolon, Trevira, Nam Liong Global Corporation, PROVIDENCE YARN COMPANY, Clariant, The Yarn Company, Lion Brand, DuPont
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Modal Yarn Market Report Segments:
The global Modal Yarn market is segmented on the basis of:
Types
Ring Spinning Modal Yarn, Siro Spinning Modal Yarn, Compact Siro Spinning Modal Yarn, Siro Spinning Modal Yarn, Bora Modal Yarn
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Decorations, Clothing, Household Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Swicofil
- Libolon
- Trevira
- Nam Liong Global Corporation
- PROVIDENCE YARN COMPANY
- Clariant
- The Yarn Company
- Lion Brand
- DuPont
Highlights of The Modal Yarn Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ring Spinning Modal Yarn
- Siro Spinning Modal Yarn
- Compact Siro Spinning Modal Yarn
- Siro Spinning Modal Yarn
- Bora Modal Yarn
- By Application:
- Decorations
- Clothing
- Household Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modal Yarn Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Modal yarn is a type of yarn that has a unique texture and appearance. It is made from different types of fibers, including wool, cotton, and silk. Modal yarn can be used to create items such as sweaters, blankets, hats, and scarves.
Some of the key players operating in the modal yarn market are DuPont, Swicofil, Libolon, Trevira, Nam Liong Global Corporation, PROVIDENCE YARN COMPANY, Clariant, The Yarn Company, Lion Brand, DuPont.
The modal yarn market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modal Yarn Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Modal Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modal Yarn Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Modal Yarn Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Modal Yarn Market Size & Forecast, 2018-2028
4.5.1 Modal Yarn Market Size and Y-o-Y Growth
4.5.2 Modal Yarn Market Absolute $ Opportunity
Chapter 5 Global Modal Yarn Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Modal Yarn Market Size Forecast by Type
5.2.1 Ring Spinning Modal Yarn
5.2.2 Siro Spinning Modal Yarn
5.2.3 Compact Siro Spinning Modal Yarn
5.2.4 Siro Spinning Modal Yarn
5.2.5 Bora Modal Yarn
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Modal Yarn Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Modal Yarn Market Size Forecast by Applications
6.2.1 Decorations
6.2.2 Clothing
6.2.3 Household Products
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modal Yarn Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Modal Yarn Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Modal Yarn Analysis and Forecast
9.1 Introduction
9.2 North America Modal Yarn Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Modal Yarn Market Size Forecast by Type
9.6.1 Ring Spinning Modal Yarn
9.6.2 Siro Spinning Modal Yarn
9.6.3 Compact Siro Spinning Modal Yarn
9.6.4 Siro Spinning Modal Yarn
9.6.5 Bora Modal Yarn
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Modal Yarn Market Size Forecast by Applications
9.10.1 Decorations
9.10.2 Clothing
9.10.3 Household Products
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Modal Yarn Analysis and Forecast
10.1 Introduction
10.2 Europe Modal Yarn Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Modal Yarn Market Size Forecast by Type
10.6.1 Ring Spinning Modal Yarn
10.6.2 Siro Spinning Modal Yarn
10.6.3 Compact Siro Spinning Modal Yarn
10.6.4 Siro Spinning Modal Yarn
10.6.5 Bora Modal Yarn
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Modal Yarn Market Size Forecast by Applications
10.10.1 Decorations
10.10.2 Clothing
10.10.3 Household Products
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Modal Yarn Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Modal Yarn Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Modal Yarn Market Size Forecast by Type
11.6.1 Ring Spinning Modal Yarn
11.6.2 Siro Spinning Modal Yarn
11.6.3 Compact Siro Spinning Modal Yarn
11.6.4 Siro Spinning Modal Yarn
11.6.5 Bora Modal Yarn
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Modal Yarn Market Size Forecast by Applications
11.10.1 Decorations
11.10.2 Clothing
11.10.3 Household Products
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Modal Yarn Analysis and Forecast
12.1 Introduction
12.2 Latin America Modal Yarn Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Modal Yarn Market Size Forecast by Type
12.6.1 Ring Spinning Modal Yarn
12.6.2 Siro Spinning Modal Yarn
12.6.3 Compact Siro Spinning Modal Yarn
12.6.4 Siro Spinning Modal Yarn
12.6.5 Bora Modal Yarn
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Modal Yarn Market Size Forecast by Applications
12.10.1 Decorations
12.10.2 Clothing
12.10.3 Household Products
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Modal Yarn Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Modal Yarn Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Modal Yarn Market Size Forecast by Type
13.6.1 Ring Spinning Modal Yarn
13.6.2 Siro Spinning Modal Yarn
13.6.3 Compact Siro Spinning Modal Yarn
13.6.4 Siro Spinning Modal Yarn
13.6.5 Bora Modal Yarn
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Modal Yarn Market Size Forecast by Applications
13.10.1 Decorations
13.10.2 Clothing
13.10.3 Household Products
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Modal Yarn Market: Competitive Dashboard
14.2 Global Modal Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Swicofil
14.3.3 Libolon
14.3.4 Trevira
14.3.5 Nam Liong Global Corporation
14.3.6 PROVIDENCE YARN COMPANY
14.3.7 Clariant
14.3.8 The Yarn Company
14.3.9 Lion Brand
14.3.10 DuPont
