| Product Code: ETC8840929 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw a notable increase in fancy yarn import shipments in 2024, with key exporting countries including China, Hong Kong, Taiwan, South Korea, and Vietnam. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) indicated a slight decrease in concentration in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 14.12%, although there was a slight decline in growth rate from 2023 to 2024 at -6.2%. This market trend suggests ongoing dynamics in the Philippines` fancy yarn import sector worth monitoring for future developments.

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 Philippines Fancy Yarn Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fancy Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fancy Yarn Market - Industry Life Cycle |
3.4 Philippines Fancy Yarn Market - Porter's Five Forces |
3.5 Philippines Fancy Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Fancy Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Philippines Fancy Yarn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Philippines Fancy Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-quality and unique yarn products in the fashion and textile industry |
4.2.2 Increasing disposable income and changing consumer preferences towards premium and luxury products |
4.2.3 Rising popularity of DIY crafts and knitting among the younger population |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of fancy yarns |
4.3.2 Intense competition from low-cost synthetic yarns impacting the market growth |
4.3.3 Challenges in maintaining consistent product quality due to variations in raw materials and production processes |
5 Philippines Fancy Yarn Market Trends |
6 Philippines Fancy Yarn Market, By Types |
6.1 Philippines Fancy Yarn Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fancy Yarn Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Fancy Yarn Market Revenues & Volume, By Slub Yarn, 2021- 2031F |
6.1.4 Philippines Fancy Yarn Market Revenues & Volume, By Knob Yarn, 2021- 2031F |
6.1.5 Philippines Fancy Yarn Market Revenues & Volume, By Spiral Yarn, 2021- 2031F |
6.1.6 Philippines Fancy Yarn Market Revenues & Volume, By Gimp Yarn, 2021- 2031F |
6.1.7 Philippines Fancy Yarn Market Revenues & Volume, By Loop Yarn, 2021- 2031F |
6.1.8 Philippines Fancy Yarn Market Revenues & Volume, By Snarl Yarn, 2021- 2031F |
6.2 Philippines Fancy Yarn Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fancy Yarn Market Revenues & Volume, By Cotton, 2021- 2031F |
6.2.3 Philippines Fancy Yarn Market Revenues & Volume, By Wool, 2021- 2031F |
6.2.4 Philippines Fancy Yarn Market Revenues & Volume, By Silk, 2021- 2031F |
6.2.5 Philippines Fancy Yarn Market Revenues & Volume, By Polyester, 2021- 2031F |
6.2.6 Philippines Fancy Yarn Market Revenues & Volume, By Rayon, 2021- 2031F |
6.2.7 Philippines Fancy Yarn Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Fancy Yarn Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fancy Yarn Market Revenues & Volume, By Textile, 2021- 2031F |
6.3.3 Philippines Fancy Yarn Market Revenues & Volume, By Home Furnishing, 2021- 2031F |
6.3.4 Philippines Fancy Yarn Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Fancy Yarn Market Import-Export Trade Statistics |
7.1 Philippines Fancy Yarn Market Export to Major Countries |
7.2 Philippines Fancy Yarn Market Imports from Major Countries |
8 Philippines Fancy Yarn Market Key Performance Indicators |
8.1 Customer satisfaction index measuring the perception of the quality and uniqueness of fancy yarn products |
8.2 Trend analysis of online search volume for DIY crafts and knitting-related keywords indicating the demand for fancy yarns |
8.3 Percentage of repeat customers reflecting the loyalty and retention rate in the fancy yarn market |
9 Philippines Fancy Yarn Market - Opportunity Assessment |
9.1 Philippines Fancy Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Fancy Yarn Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Philippines Fancy Yarn Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Philippines Fancy Yarn Market - Competitive Landscape |
10.1 Philippines Fancy Yarn Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fancy Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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