Modal Yarn Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The Modal Yarn Market has seen significant growth from 2018 to 2022, driven by rising demand for sustainable and eco-friendly fabrics across industries. Modal, a semi-synthetic fiber made from beech wood pulp, gained popularity for its softness, breathability, and biodegradability. Over these years, the market witnessed increased adoption in textiles and apparel, as consumers and manufacturers alike sought greener alternatives to traditional materials like cotton and polyester. The shift toward sustainable fashion, driven by consumer awareness and regulatory changes, played a key role in expanding the Modal Yarn Market during this period.
During 2018-2022, the Modal Yarn Market grew steadily as major textile manufacturers incorporated the material into their product lines. Leading players, including Lenzing AG and Sateri, focused on innovations such as enhancing fiber quality, increasing production efficiency, and promoting the environmental benefits of Modal yarn. The demand was particularly strong in the fashion industry, where Modal was valued for its smooth, luxurious texture and its resistance to shrinking and fading. The use of Modal yarn in both high-end and affordable clothing lines contributed to the overall expansion of the market.
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As we look towards the period from 2023 to 2033, the demand for Modal yarn is expected to continue growing at an even faster rate, with market forecasts predicting a surge in adoption across various sectors. Factors such as rising environmental consciousness, the shift to more sustainable practices, and advancements in textile manufacturing technology are expected to drive this growth. Modal yarn is becoming increasingly popular not only in clothing but also in home textiles, including bed linens and towels, due to its superior comfort and environmental appeal. The growing emphasis on circular economy practices, which encourage the reuse and recycling of materials, further supports the forecasted demand increase.
Major brands are expected to invest more in Modal yarn for its sustainable and versatile properties, expanding its use in diverse applications. From eco-conscious apparel to home goods, Modal’s characteristics make it an attractive option for consumers and manufacturers seeking to reduce environmental footprints. Research into improving production methods for Modal yarn is also likely to enhance its competitiveness and affordability, increasing its appeal in the global textile market. While the market is expected to experience competition from other sustainable fibers, Modal yarn remains a leading choice due to its unique benefits and adaptability in multiple industries.
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DuPont
Swicofil
Libolon
Trevira
Nam Liong Global Corporation
PROVIDENCE YARN COMPANY
Clariant
The Yarn Company
Lion Brand
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 Global Modal Yarn Market
Decorations
Clothing
Household Products
Others
Based on Types the Market is categorized into Below types that held the largest Modal Yarn market share In 2023.
Ring Spinning Modal Yarn
Siro Spinning Modal Yarn
Compact Siro Spinning Modal Yarn
Bora Modal Yarn
Global (United States, Global 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 Global Modal 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. Global Modal Yarn Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Modal Yarn Market, By Type
6. Global Modal Yarn Market, By Application
7. Global Modal Yarn Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Modal Yarn Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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