Press release
Spandex Market is expected to reach US$ 20 Bn in Revenue by 2033 with a steady growth rate of 8.3%
According to Persistence Market Research's most recent market report, the global market for spandex will reach US$ 9,100.0 Mn in 2023. The market for spandex is expected to reach US$ 20,198.8 Mn in value by 2033 with a steady growth rate of 8.3%.
Need More Insights on Competitor Analysis of the Spandex Market, Request for Sample@ https://www.persistencemarketresearch.com/samples/4358
One major factor contributing to the growth of the spandex market is the rising trend of athleisure and active lifestyles. The demand for comfortable and flexible clothing that allows for ease of movement has surged in recent years. Spandex provides the necessary stretch and recovery properties, enabling the production of form-fitting, high-performance garments for sports and fitness activities. The popularity of yoga, fitness training, and other physical activities has further fueled the demand for spandex-based apparel.
Companies
Hyosung Corporation
Asahi Kasei Corporation
INVISTA
Zhejiang Huafon Spandex Co. Ltd
TK Chemical Corp
Taekwang Industrial Co. Ltd.
Yantai Tayho Advanced Materials Co., Ltd
Xiamen Lilong Spandex Co., Ltd
Jiangsu Shuangliang Spandex Co., Ltd.
Toray Industries
Xiamen Lilong Spandex Co., Ltd.
DuPont de Nemours, Inc.
Indorama Industries
Far Eastern New Century Corporation
Mitsubishi Chemical Engineering Corporation
Inviya
LYCRA
Tabb Textile Company Inc
If You Want To Know The Business Opportunity/Market Value, Purchase The Premium Insight @ https://www.persistencemarketresearch.com/checkout/4358
Furthermore, advancements in textile technology have led to the development of innovative spandex fibers with improved properties. High-performance spandex fibers offer enhanced moisture-wicking, breathability, and resistance to chemicals and UV radiation. These features make spandex a preferred choice for sportswear and outdoor clothing, where functionality and performance are crucial.
Moreover, the growing awareness of sustainable fashion and the demand for eco-friendly materials have influenced the spandex market. Manufacturers are investing in research and development to produce spandex fibers using recycled materials and environmentally friendly processes. Additionally, efforts are being made to improve the recyclability and biodegradability of spandex, reducing its impact on the environment.
Geographically, the spandex market experiences significant growth across various regions. Asia Pacific, particularly China, is a major producer and consumer of spandex due to its large textile manufacturing industry. North America and Europe also have well-established spandex markets, driven by the demand for high-quality sportswear and intimate apparel.
If you want to Purchase Specific Insights by Segment/Region/Competitor, Request For Customization @ https://www.persistencemarketresearch.com/request-customization/4358
Spandex Market Segmentation
By Fabric Type, the Spandex market is segmented as:
Two-Way
Four-Way
By Process, the Spandex market is segmented as:
Knitting
Weaving
Yarn Covering
By Application, the Spandex market is segmented as:
Clothing
Sportswear
Home Furnishing
Underwear
Other Clothing (Casuals, denim, etc.)
Medical
Diapers
Compression Stockings & Surgical Hoses
Other Medical Applications (bandages, etc.)
By Region:
North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa
Top Market Research Reports:
Mobile Crushers and Screeners Market: https://www.persistencemarketresearch.com/market-research/mobile-crushers-and-screeners-market.asp
Dimethyl Terephthalate Market: https://www.persistencemarketresearch.com/market-research/dimethyl-terephthalate-market.asp
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Spandex Market is expected to reach US$ 20 Bn in Revenue by 2033 with a steady growth rate of 8.3% here
News-ID: 3092432 • Views: …
More Releases from Persistence Market Research
Anime Market Set to Grow Significantly, Reaching USD 54.1 Billion by 2031 Amid R …
The global anime market has evolved far beyond traditional television broadcasts to become a multifaceted entertainment ecosystem. Driven by digital transformation, streaming services, and cross-media collaborations, anime has expanded its footprint globally, appealing to diverse audiences across age groups. Anime now extends into gaming, merchandising, licensing, and international film distribution, creating multiple revenue streams beyond conventional formats.
According to market projections, the anime market is expected to grow from US$31.9 billion…
Artificial Intelligence as a Service Market Forecasted to Grow at 34.6% CAGR, Re …
The Artificial Intelligence as a Service (AIaaS) market has emerged as one of the most transformative segments in the global technology ecosystem. By providing AI capabilities on a subscription or pay-per-use model, AIaaS allows organizations to deploy advanced AI functionalities without the need for significant in-house infrastructure. This model has democratized access to AI, enabling small and medium-sized enterprises to leverage predictive analytics, natural language processing, and machine learning tools…
Server Operating System Market Anticipated to Witness Robust Growth, Reaching US …
The server operating system market is witnessing robust growth, driven by the rapid expansion of data centers and the surging adoption of cloud technologies across enterprises worldwide. Server operating systems form the backbone of modern IT infrastructure, enabling organizations to efficiently manage hardware resources, deploy applications, and maintain high levels of system reliability and security. As businesses increasingly migrate to cloud environments and data-intensive operations grow, demand for powerful, scalable,…
Manufacturing Operations Management Software Industry Anticipated to Witness Rap …
The Manufacturing Operations Management (MOM) software market is rapidly emerging as a cornerstone of digital transformation in the manufacturing sector. As industries increasingly adopt Industry 4.0 practices, the need for advanced solutions that integrate production planning, real-time monitoring, quality control, and process optimization has surged. MOM software enables manufacturers to streamline operations, reduce production downtime, and improve overall efficiency, making it an indispensable tool across automotive, pharmaceutical, aerospace, and consumer…
More Releases for Spandex
How Nylon Spandex Elasticity Impacts Performance?
Image: https://www.iyunaitextile.com/uploads/%E5%8D%9A%E5%AE%A2%E6%A0%87%E9%A2%98-How-Nylon-Spandex-Elasticity-Impacts-Performance.jpg
Nylon Spandex Fabric elasticity variations [https://www.iyunaitextile.com/nylon-spandex-sports-fabric/] define how garments perform during intense activities. You experience superior comfort and flexibility when elasticity is balanced. Stretch nylon fabric [https://www.iyunaitextile.com/nylon-spandex-sports-fabric/] adapts to movement, while nylon stretch fabric ensures durability. Nylon fabric [https://www.iyunaitextile.com/nylon-spandex-sports-fabric/] blends with spandex to create recovery properties, keeping your gear functional even after repeated use.
Key Takeaways
* Nylon spandex fabrics stretch well and bounce back easily. This makes them great…
Spandex Fiber market: Factors Benefitting Emergence of New Entrants | Hyosung Co …
"QY Research holds tons of experience in offering comprehensive and accurate analysis of global as well as regional markets. The report presented here is an industry-best compilation of detailed and quality research studies on the global Spandex Fiber market. It provides SWOT, PESTLE, and other important types of analysis to give a real and complete picture of the current and future scenarios of the global Spandex Fiber market. The analysts…
Spandex Market Potential Growth 2023 -2030, Industry Analysis, Size, Share | Xia …
Report Summary:
Coherent Industry Insights presents encyclopedic research of the Spandex Market with holistic insights into significant variables and features driving the future growth of the market. The Spandex Market was studied for the projected year 2023-2030 as well as the historical period 2017-2022. The research study provides complete qualitative and quantitative analysis to help shareholders obtain a thorough grasp of the Spandex Market and its crucial dynamics.
In accordance with coherent…
Spandex Market Development from 2021-2031
The global spandex market is estimated to expand at a CAGR of more than 8% over the forecast period of 2022-2031. Growing demand from industries such as medical and textiles is one of the leading driving factors for rising growth and consumption of spandex.
Rapidly growing population combined with increased consumer disposable income is expected to drive demand for sports and active wear, resulting in market expansion. Increasing engagement in sporting…
Spandex Market Size from 2021-2031
The global spandex market is estimated to expand at a CAGR of more than 8% over the forecast period of 2022-2031. Growing demand from industries such as medical and textiles is one of the leading driving factors for rising growth and consumption of spandex.
Rapidly growing population combined with increased consumer disposable income is expected to drive demand for sports and active wear, resulting in market expansion. Increasing engagement in sporting…
Spandex Fabric Market Forecast to 2025
Global Spandex Fabric Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Spandex Fabric Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status.
The report provides key statistics on the market status of the Spandex Fabric Market manufacturers and…
