How big is the Spandex Fiber Market | Industry Trends & Forecast 2025

Code: MTA9187 Publication Date: Sep 2025

What is the size of Spandex Fiber Market?

According to 6Wresearch internal database and industry insights, the Global Spandex Fiber Market was valued at USD 8.6 Billion in 2024 and is expected to reach USD 14.1 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

The key factors driving growth for spandex fibre market are the increasing demand for clothing that is comfortable and stretchable, greater adoption of spandex in active & sportswear, increasing applications within medical textiles, and continuous advancements in fibre manufacturing capabilities.

Growth Factors for Spandex Fiber Market

  • Increasing demand for stretchable fabrics in the fashion and apparel industries
  • Increasing use of spandex in sportswear and performance clothing
  • Increasing use of spandex fibers in medical textiles and compression garments
  • Technological improvements and advancements are increasing the durability and elasticity of fibers
  • Expanding applications in home furnishing and industrial textiles

Spandex Fiber Market Trends

Spandex fiber market trends show increasing use of lightweight, stretchable, and breathable fabrics in apparel, sportswear, and medical segments. Consumers want comfortable clothing choices, leading manufacturers to continuously develop new spandex blends to offer better durability.

Spandex fiber market trends also show an advance toward measurable, eco-friendly production techniques, recycled fibers, and fabrics that are made in conjunction with sustainable fabrics. Fashion brands and textile manufacturers increasingly collaborate with fiber producers to create new collections that meet shifting consumer interests.

Emerging Developments in the Spandex Fiber Market

Developments in the spandex fiber market show innovations in the manufacturing of bio-based spandex, high-performance fibers, and new dyeing processes. Corporations are making investments in sustainable manufacturing processes to meet the increasing environmental regulations and consumer expectations. In addition, the spandex fiber market developments also highlight the increasing use of nanotechnology, smart fabrics, and innovative blending processes. This improves elasticity, comfort, and durability, resulting in increased opportunities across apparel, healthcare, and technical textiles.

List of Leading Companies in the Spandex Fiber Market

Some of the leading companies include:

  • Toray Industries
  • Indorama Corporation
  • TK Chemical
  • Shandong Ruyi Technology Group
  • Taekwang Industrial Co., Ltd.
  • Yantai Tayho Advanced Materials

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