Market Forecast By Product Type (Spiral Yarn, Gimp Yarn, Loop Yarn, Snarl Yarn, Knob Yarn, Slub Yarn, Others), By Price (High/Premium, Medium, Low), By End-use (Fashion Clothing, Knitwear, Ties, Furnishings, Curtains, Upholstery, Others) And Competitive Landscape
| Product Code: ETC239483 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
| Report Name | South Korea Rayon Fancy Yarn Market |
| Forecast period | 2025-2031 |
| CAGR | 4.9% |
| Growing Sector | Textile and fashion |
The South Korea Rayon Fancy Yarn Market report thoroughly covers the market by Price, End Use, and Product Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Korea rayon fancy yarn market is projected to experience significant growth in the upcoming years due to technological advancements and high demand from various industries. However, challenges such as fluctuating raw material prices may hinder the market's growth potential.
According to 6Wresearch, the South Korea Rayon Fancy Yarn Market size is expected to grow at a significant CAGR of 4.9% during the forecast period from 2025-2031. One of the main drivers of the South Korea rayon fancy yarn market is the growing demand for fashionable and eco-friendly clothing. As consumers become more aware of sustainability and environmental issues, they are seeking out alternatives to traditional cotton and polyester fibres. Another driver of the market is the increasing popularity of DIY fashion and crafting projects. Rayon fancy yarns are versatile and can be used in a variety of creative ways such as knitting, crocheting, weaving, and embroidery.
One of the main challenges is the volatility in raw material prices such as wood pulp. Fluctuations in the price of wood pulp have a significant impact on the cost and profitability of producing rayon yarns. The competition from alternative fibres such as bamboo, soy, and modal is a challenge for the rayon fancy yarn market. These natural fibres offer similar benefits to rayon and are becoming increasingly popular among environmentally conscious consumers.
Some of the key players in South Korea's rayon fancy yarn market include Huvis Corporation, Hyosung Corporation, Toray Chemical Korea Inc., Lotte Advanced Materials Co., Ltd., and Kolon Industries, Inc. These companies have a strong presence in both domestic and international markets and are continuously innovating their products to cater to changing consumer demands.
The South Korean government has implemented various initiatives to support the rayon fancy yarn industry. The government launched the Fashion Business Support Center to provide financial assistance and consulting services to local fashion businesses, including textile companies. The government also offers tax incentives for companies that invest in research and development of new textile products, including rayon fancy yarns. Additionally, the Ministry of Trade, Industry and Energy has been promoting eco-friendly textiles through its Green Textile Project, which aims to reduce the environmental impact of textile production. These initiatives have helped boost domestic production of rayon fabrics in South Korea and have also encouraged companies to adopt sustainable practices.
The rayon fancy yarn market in South Korea is expected to continue its growth trajectory in the coming years. The demand for eco-friendly and sustainable fabrics is on the rise, and consumers are becoming more conscious about their purchasing choices. This trend is likely to drive the demand for rayon fancy yarns, which are known for their softness and versatility. Additionally, advancements in production technologies have made it possible to create new designs and variations of rayon fancy yarns, further increasing their popularity among fashion designers and manufacturers. However, factors such as fluctuating raw material prices and competition from other synthetic fibres may hinder market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the spiral yarn segment is currently experiencing the highest growth in South Korea's rayon fancy yarn market. This can be attributed to its versatility and increasing demand in various industries such as fashion clothing, knitwear, and furnishings.
Based on the Price, the high/premium segment is expected to witness significant growth due to the rising demand for luxury and high-quality products in the South Korean market.
On the basis of End-use, the fashion clothing segment holds a dominant share in the market growth due to the rapid growth of e-commerce and online shopping in the country, the demand for fashion clothing is expected to further increase.
The report provides a detailed analysis of the following market segments:
| 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 South Korea Rayon Fancy Yarn Market Overview |
| 3.1 South Korea Country Macro Economic Indicators |
| 3.2 South Korea Rayon Fancy Yarn Market Revenues & Volume, 2021 & 2031F |
| 3.3 South Korea Rayon Fancy Yarn Market - Industry Life Cycle |
| 3.4 South Korea Rayon Fancy Yarn Market - Porter's Five Forces |
| 3.5 South Korea Rayon Fancy Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
| 3.6 South Korea Rayon Fancy Yarn Market Revenues & Volume Share, By Price, 2021 & 2031F |
| 3.7 South Korea Rayon Fancy Yarn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
| 4 South Korea Rayon Fancy Yarn Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for sustainable and eco-friendly textile materials |
| 4.2.2 Growing popularity of fashion and luxury products in South Korea |
| 4.2.3 Technological advancements in rayon fancy yarn production processes |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating raw material prices impacting production costs |
| 4.3.2 Competition from other synthetic and natural fiber alternatives |
| 5 South Korea Rayon Fancy Yarn Market Trends |
| 6 South Korea Rayon Fancy Yarn Market, By Types |
| 6.1 South Korea Rayon Fancy Yarn Market, By Product Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Product Type, 2021 - 2031F |
| 6.1.3 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Spiral Yarn, 2021 - 2031F |
| 6.1.4 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Gimp Yarn, 2021 - 2031F |
| 6.1.5 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Loop Yarn, 2021 - 2031F |
| 6.1.6 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Snarl Yarn, 2021 - 2031F |
| 6.1.7 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Knob Yarn, 2021 - 2031F |
| 6.1.8 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Slub Yarn, 2021 - 2031F |
| 6.2 South Korea Rayon Fancy Yarn Market, By Price |
| 6.2.1 Overview and Analysis |
| 6.2.2 South Korea Rayon Fancy Yarn Market Revenues & Volume, By High/Premium, 2021 - 2031F |
| 6.2.3 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Medium, 2021 - 2031F |
| 6.2.4 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Low, 2021 - 2031F |
| 6.3 South Korea Rayon Fancy Yarn Market, By End-use |
| 6.3.1 Overview and Analysis |
| 6.3.2 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Fashion Clothing, 2021 - 2031F |
| 6.3.3 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Knitwear, 2021 - 2031F |
| 6.3.4 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Ties, 2021 - 2031F |
| 6.3.5 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Furnishings, 2021 - 2031F |
| 6.3.6 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Curtains, 2021 - 2031F |
| 6.3.7 South Korea Rayon Fancy Yarn Market Revenues & Volume, By Upholstery, 2021 - 2031F |
| 7 South Korea Rayon Fancy Yarn Market Import-Export Trade Statistics |
| 7.1 South Korea Rayon Fancy Yarn Market Export to Major Countries |
| 7.2 South Korea Rayon Fancy Yarn Market Imports from Major Countries |
| 8 South Korea Rayon Fancy Yarn Market Key Performance Indicators |
| 8.1 Adoption rate of sustainable practices in rayon fancy yarn production |
| 8.2 Number of new product launches in the luxury fashion segment |
| 8.3 Research and development investment in innovative yarn production techniques |
| 9 South Korea Rayon Fancy Yarn Market - Opportunity Assessment |
| 9.1 South Korea Rayon Fancy Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
| 9.2 South Korea Rayon Fancy Yarn Market Opportunity Assessment, By Price, 2021 & 2031F |
| 9.3 South Korea Rayon Fancy Yarn Market Opportunity Assessment, By End-use, 2021 & 2031F |
| 10 South Korea Rayon Fancy Yarn Market - Competitive Landscape |
| 10.1 South Korea Rayon Fancy Yarn Market Revenue Share, By Companies, 2024 |
| 10.2 South Korea Rayon Fancy Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |