Textile Yarn Market worth $18.5 billion by 2028 - Exclusive Report by MarketsandMarkets™
CHICAGO, June 13, 2023 /PRNewswire/ -- The Textile Yarn Market is estimated at USD 14.4 billion in 2023 and is projected to reach USD 18.5 billion by 2028, at a CAGR of 5.1% from 2023 to 2028 according to a report published by MarketsandMarkets™.
- CHICAGO, June 13, 2023 /PRNewswire/ -- The Textile Yarn Market is estimated at USD 14.4 billion in 2023 and is projected to reach USD 18.5 billion by 2028, at a CAGR of 5.1% from 2023 to 2028 according to a report published by MarketsandMarkets™.
- Key factor contributing to the growing demand for textile yarn is the expanding middle class in emerging economies.
- The plant segment in the textile yarn market is experiencing growth due to several key factors.
- The polyester segment in the artificial yarn category of the textile yarn market is experiencing significant growth due to widespread adoption of polyester yarn in various industries and applications.