Market Forecast by Countries (United States, Canada), By Application (Textile, Healthcare, Home Furnishing, Others) And Competitive Landscape
Product Code: ETC437565 | Publication Date: Nov 2022 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Spun Yarn Market |
Forecast period | 2025-2031 |
Forecast Size | USD 12.98 billion by 2031 |
CAGR | 7.1% |
Growing Sector | Textile |
The North America Spun Yarn Market report provides a comprehensive evaluation by countries, and application segments. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Spun Yarn Market was valued at USD 8.89 billion and is expected to reach USD 12.98 billion, growing at a CAGR of around 7.1% from 2025 to 2031. Spun yarn is made by twisting staple fibers together to form a single thread or strand, which is then used to produce various types of textiles such as clothing, home furnishings, and industrial fabrics.
The North America Spun Yarn Market is experiencing growth driven by the robust textile and garment industries and increasing demand for sustainable yarns. Key trends include the adoption of eco-friendly materials and advanced spinning technologies to improve yarn quality and production efficiency. Growth factors encompass technological advancements, rising consumer demand for premium textiles, and expansion in home furnishing applications. However, the market faces challenges such as fluctuating raw material prices and competition from international manufacturers.
According to 6Wresearch, the North America Spun Yarn Market size is expected to grow at a significant CAGR of 7.1% during the forecast period 2025-2031. The primary drivers of the North America Spun Yarn Market include advancements in yarn manufacturing technologies, such as rotor spinning and air-jet spinning, that enhance production efficiency and yarn quality. Increasing consumer demand for high-quality, sustainable textiles fuels market growth, especially in the textile and home furnishing segments. Additionally, the rise of e-commerce and online retail platforms promotes greater accessibility and availability of spun yarn products, further boosting market expansion. Government initiatives aimed at promoting sustainable and environmentally friendly production practices also significantly contribute to market growth.
The North America Spun Yarn Market faces several challenges that can impede growth. Volatility in raw material prices, particularly cotton and synthetic fibres, poses significant risks to manufacturers by affecting profit margins. Intense competition from global players necessitates continuous innovation and cost-management strategies among local producers. Regulatory requirements related to environmental sustainability and product standards add operational complexity and require substantial investments in compliance. Furthermore, economic uncertainties and fluctuations in consumer spending can impact the overall demand for spun yarn products.
Leading players in the North America Spun Yarn Market include prominent companies such as Parkdale Mills, Sutex Group, Frontier Spinning Mills, and American & Efird LLC. These organizations are recognized for their extensive product ranges, innovative yarn solutions, and adherence to international standards. Their strong market presence and ongoing investment in research and development set them apart in a competitive landscape.
The U.S. and Canadian governments have implemented various initiatives to support the textile and spun yarn industry. In the U.S., programs like the Sustainable Cotton Project and the Fibre Innovation Initiative promote sustainable practices and innovation in yarn production. Canada’s Textile and Apparel Program focuses on enhancing the competitiveness of textile manufacturers through funding and technology transfer. These initiatives aim to foster an environment conducive to market growth by encouraging sustainable production methods and technological advancements.
The future of the North America Spun Yarn Market appears promising, driven by ongoing technological advancements and increasing sustainability demands. Prospects include greater innovation in yarn materials and production techniques, coupled with rising exports due to global demand. Challenges such as raw material price volatility and international competition will persist but can be mitigated through strategic investments and government support. The market is poised for steady growth with opportunities in diverse applications such as healthcare and home furnishing.
According to Ravi Bhandari, Research Head, 6Wresearch, The United States is witnessing substantial growth in the North America Spun Yarn Market, bolstered by robust textile manufacturing capabilities and a strong domestic consumer base. The region's advanced technological infrastructure facilitates the adoption of cutting-edge spinning technologies, enhancing production efficiency and yarn quality. Furthermore, government initiatives supporting sustainable textile production and innovation contribute to market expansion. The steady rise in e-commerce and online retail also boosts demand for high-quality spun yarn products in the U.S., positioning it as a key driver of market growth within the region.
The textile segment remains the fastest-growing application in the North America Spun Yarn Market, driven by increasing consumer demand for premium and sustainable fabrics. Innovations in spinning technology, such as rotor and air-jet spinning, have significantly enhanced yarn quality, catering to the high standards of the textile industry. Additionally, the rise of ethical fashion and environmentally friendly production methods promotes growth in this segment. As consumers continue to prioritize quality and sustainability in their textile purchases, the demand for high-quality spun yarns in this application segment remains strong, ensuring robust market expansion.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Spun Yarn Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Spun Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 North America Spun Yarn Market - Industry Life Cycle |
3.4 North America Spun Yarn Market - Porter's Five Forces |
3.5 North America Spun Yarn Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Spun Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 North America Spun Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Spun Yarn Market Trends |
6 North America Spun Yarn Market, 2021 - 2031 |
6.1 North America Spun Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
7 United States Spun Yarn Market, 2021 - 2031 |
7.1 United States Spun Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Canada Spun Yarn Market, 2021 - 2031 |
8.1 Canada Spun Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
9 North America Spun Yarn Market Key Performance Indicators |
10 North America Spun Yarn Market - Opportunity Assessment |
10.1 North America Spun Yarn Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Spun Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
11 North America Spun Yarn Market - Competitive Landscape |
11.1 North America Spun Yarn Market Revenue Share, By Companies, 2024 |
11.2 North America Spun Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |