United States Spandex Covered Yarn Market was valued at USD 0.35 Billion in 2022 and is projected to reach USD 0.60 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The US Spandex Covered Yarn Market has witnessed remarkable growth in recent years, driven by its increasing applications in textiles, sportswear, and medical devices. As the demand for stretchable, durable, and comfortable fabrics rises, manufacturers and consumers alike are turning to spandex covered yarn for its versatile properties. This innovative material is now a staple in industries ranging from fashion to healthcare, and its continued expansion is expected to bring substantial market opportunities.
Key trends in the US market indicate a strong preference for spandex-covered yarn in activewear and performance garments. With a market valued at over $2 billion in 2023, the growth is attributed to the increasing consumer awareness of health and fitness, further fueling demand for high-performance apparel. Additionally, advancements in technology and manufacturing processes have allowed for enhanced elasticity and strength in these yarns, making them ideal for demanding applications.
The popularity of spandex-covered yarn is not limited to fashion. Medical textiles, including compression garments and surgical tapes, are utilizing this material due to its comfort and stretchability. Hospitals and healthcare professionals are increasingly turning to spandex yarn for its ability to conform to the body while providing necessary support and breathability. This is further supported by the rising demand for personalized healthcare solutions, which often include specialized clothing for patients recovering from surgery or dealing with chronic conditions.
Another factor contributing to the growth of the US spandex-covered yarn market is the rise of eco-conscious consumerism. Manufacturers are now exploring sustainable practices in the production of spandex fibers, using recycled materials to meet the growing demand for eco-friendly options. With brands prioritizing sustainability, it is expected that the market will see an increase in demand for eco-friendly spandex-covered yarns in the coming years.
The future of the US spandex-covered yarn market looks promising. With increasing applications in sports, medical, and fashion industries, this material is poised to be a cornerstone in the development of next-generation textiles. As innovation continues to shape the market, new uses for this versatile yarn are expected to emerge, further driving its growth. The spandex-covered yarn industry is not only benefiting from growing trends in activewear and healthcare but also from the evolution of technology and sustainability, shaping the market for years to come.
As the market continues to grow, much like the 100 Gigabit Fiber Optic Transceiver Market, there is an increasing focus on advanced technologies and materials that will keep pushing boundaries and expanding possibilities in both the textile and medical sectors.
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Kayavlon
Swicofil
Salud Industry
Herng Fa Industrial
Kingbird
ASANO Fibfrs
McMichael Mills
Zhejiang Leinuo Textile Technology
Furniweb Group
Fein-Elast
Fulgar SpA
LYCRA Company
PAYEN
LEGS
Nanjing Forever Textile
Polylion Yarn
Sheepon Company
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Spandex Covered Yarn Market
Sportswear
Undergarments
Activewear
Swimwear
Fashion Apparel
Costumes
100% Spandex
Blended Spandex (with Cotton)
Blended Spandex (with Polyester)
Blended Spandex (with Nylon)
Textured Yarn
Flat Yarn
Continuous Filament Yarn
Air Covered Yarn
Fine Size (15-30 denier)
Medium Size (40-70 denier)
Thick Size (80 denier and above)
Online Retail
Offline Retail
Direct Sales to Manufacturers
Wholesale Distributors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Spandex Covered Yarn Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Spandex Covered Yarn Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Spandex Covered Yarn Market, By Type
6. US Spandex Covered Yarn Market, By Application
7. US Spandex Covered Yarn Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Spandex Covered Yarn Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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