Global Fancy Yarn Market Overview:
Fancy yarns are the yarns in which some deliberate decorative discontinuity or interruption is introduced, of either color or form, or of both color and form. This discontinuity is incorporated with the intention of producing an enhanced aesthetic effect. These yarns are mainly designed for their aesthetic appearance rather than performance. It has wide-ranging applications in apparel at all levels of the market. They are invariably used to create fashion fabrics. The materials used in the fancy yarn are cotton, nylon, silk, wool, polyester etc.
- High Value and High Margin Applications of Fancy Yarns
- Increasing Modern Fashion Trends
- Increased Disposable Income in Developing Countries
- Trend of Variety of Colors in Fancy Yarns
- More Sensitive to Fashion Trends So Unable To Produce Large Quantity without Order
- Unpredictable Final Appearance
- Rising Demand for Stylish Clothing
- Poor Performance and Higher Cost of the Yarns
Some of the key players profiled in the report are Winning Textil (China), Rajvir Industries Limited (India), Jiangyin Huayi Yarn co., Ltd (China), Sharmanji Yarns Pvt. Ltd. (India), Loyal Textile Mills Ltd. (India), Kongkiat Textile Co Ltd (Japan), Sutlej Textiles and Industries Limited (India), Wuxi Tiantianrun Fancy Yarn Co., Ltd (China), Fatima Group Company (Pakistan) and Shri Damodar Yarn Manufacturing Pvt. Ltd. (India). Additionally, following companies can also be profiled that are part of our coverage like OTHER PLAYERS, Classic Elite Yarns (United States), Tongxiang Import and Export (China), Monticolor S.p.A. (Italy) and Sulochana Cotton Spinning Mills Pvt. Ltd. (India). Analyst at AdvanceMarketAnalytics see Indian Vendors to retain maximum share of Global Fancy Yarn market by 2024. Considering Market by Raw Material, the sub-segment i.e. Natural will boost the Fancy Yarn market.
14th February 2019, Kongkiat Textile Co Ltd Thai Acrylic Fibre Co, Ltd (TAF) launched new concept of fancy yarns Radianza as an eco-friendly fiber using the gel-dyeing technology that uses very less natural resources and discharges less pollutants in nature.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fancy Yarn market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fancy Yarn market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Fancy Yarn Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations, Research Institutes and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.