Product Code: ETC038720 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Textile Yarn Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 0.01% in 2025 and reaches 0.01% by 2029.
The Saudi Arabia textile yarn market is projected to witness a healthy CAGR of 5.6% during the forecast period (2025-2031). The growth in the region is mainly attributed to factors such as growing population, increased disposable income and enhanced economic conditions of the country. Additionally, an increase in consumer preference for premium quality fabric products has been observed resulting in higher demand for synthetic fibers as compared to natural fibers. Furthermore, rising globalization and international trade agreements have enabled domestic players to export their products at competitive prices due to lower cost of production.
Rising Population & Growing Disposable Income with a population of over 34 million people, Saudi Arabia possesses one of the largest economies among Middle Eastern countries with high levels of employment opportunities owing to government initiatives such as Vision 2031 and Nitaqat Program etc., thus increasing disposable incomes for individuals living within this country leading them towards better lifestyle choices which includes buying apparel items made from superior fabrics like those produced using synthetic yarns which are highly demanded across many countries around globe including India and China; thereby propelling market growth over recent years. Consumer preferences towards purchasing branded apparel items made from premium quality fabrics has been on rise since past few years enabling manufacturers shift production focus towards utilizing synthetic fibers instead of natural ones.
High Cost Of Production ?? Although there are numerous advantages associated with manufacturing textiles utilizing synthetic fibres however one key challenge faced producers operating level relates costs incurred while producing same given fact that raw material inputs consumed process cannot be sourced locally.
The impact of COVID -19 pandemic has caused disruption across various industries, including the textiles industry due to widespread lockdowns imposed globally which further extended to Saudi Arabia as well. Due to this sudden disruption in activities, demand for synthetic & cotton yarns have been severely affected while production was expected to see a considerable drop during Q1 2025, with few players also halting their operations amidst rising concerns about coronavirus spread among workers and staff members.
The key players operating in the Saudi Arabia Textile Yarn Market are Alhokair Group For Tourism And Development Co., Ltd., Alhokair Fashion Retail (AFRL), Abdullah M. Al-Hokair Group Holding Company, Fawaz Abdulaziz Al Hokair&Co.,Ltd., KAUST Investment & Development Corporation (KIDC), King Saud University (KSU) and others. These companies are focusing on strategic collaborations such as mergers & acquisitions, joint ventures etc., along with product launches that can help them gain competitive advantage over other rivals present in the same segment for long term sustenance in this highly competitive market environment.
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 Saudi Arabia Textile Yarn Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Textile Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Textile Yarn Market - Industry Life Cycle |
3.4 Saudi Arabia Textile Yarn Market - Porter's Five Forces |
3.5 Saudi Arabia Textile Yarn Market Revenues & Volume Share, By Sources, 2021 & 2031F |
3.6 Saudi Arabia Textile Yarn Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Saudi Arabia Textile Yarn Market Revenues & Volume Share, By Artificial Subtype, 2021 & 2031F |
3.8 Saudi Arabia Textile Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Saudi Arabia Textile Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Textile Yarn Market Trends |
6 Saudi Arabia Textile Yarn Market, By Types |
6.1 Saudi Arabia Textile Yarn Market, By Sources |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Textile Yarn Market Revenues & Volume, By Sources, 2021-2031F |
6.1.3 Saudi Arabia Textile Yarn Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Saudi Arabia Textile Yarn Market Revenues & Volume, By Animal, 2021-2031F |
6.1.5 Saudi Arabia Textile Yarn Market Revenues & Volume, By Plant, 2021-2031F |
6.1.6 Saudi Arabia Textile Yarn Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Textile Yarn Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Textile Yarn Market Revenues & Volume, By Home Textile, 2021-2031F |
6.2.3 Saudi Arabia Textile Yarn Market Revenues & Volume, By Apparel, 2021-2031F |
6.2.4 Saudi Arabia Textile Yarn Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 Saudi Arabia Textile Yarn Market, By Artificial Subtype |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Textile Yarn Market Revenues & Volume, By Viscose, 2021-2031F |
6.3.3 Saudi Arabia Textile Yarn Market Revenues & Volume, By Polyester, 2021-2031F |
6.3.4 Saudi Arabia Textile Yarn Market Revenues & Volume, By Acrylic, 2021-2031F |
6.3.5 Saudi Arabia Textile Yarn Market Revenues & Volume, By Nylon, 2021-2031F |
6.4 Saudi Arabia Textile Yarn Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Textile Yarn Market Revenues & Volume, By Artificial, 2021-2031F |
6.4.3 Saudi Arabia Textile Yarn Market Revenues & Volume, By Natural Type, 2021-2031F |
7 Saudi Arabia Textile Yarn Market Import-Export Trade Statistics |
7.1 Saudi Arabia Textile Yarn Market Export to Major Countries |
7.2 Saudi Arabia Textile Yarn Market Imports from Major Countries |
8 Saudi Arabia Textile Yarn Market Key Performance Indicators |
9 Saudi Arabia Textile Yarn Market - Opportunity Assessment |
9.1 Saudi Arabia Textile Yarn Market Opportunity Assessment, By Sources, 2021 & 2031F |
9.2 Saudi Arabia Textile Yarn Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Saudi Arabia Textile Yarn Market Opportunity Assessment, By Artificial Subtype, 2021 & 2031F |
9.4 Saudi Arabia Textile Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Saudi Arabia Textile Yarn Market - Competitive Landscape |
10.1 Saudi Arabia Textile Yarn Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Textile Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |