South Korea Textile Yarn Market (2025-2031) | Analysis, Revenue, Value, Size, Share, Growth, Outlook, Forecast, Trends, Companies & Industry

South Korea Textile Yarn Market Highlights

Topics Covered in South Korea Textile Yarn Market Report

The South Korea Textile Yarn Market Report thoroughly covers the market by Sources, Applications, Artificial Subtype and Type. The South Korea Textile Yarn Market Outlook report provides an unbiased and detailed analysis of the ongoing South Korea Textile Yarn Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

South Korea Textile Yarn Market Synopsis

The South Korea textile yarn market is witnessing substantial growth. This growth is attributed to the increasing demand for high-quality fabrics and technological advancements in yarn production. Additionally, the market benefits from strong support from the government and various industry initiatives that promote innovation and sustainability. The competitive landscape includes both domestic and international players, which drives continuous improvements in product offerings. Furthermore, the growing popularity of eco-friendly and sustainable yarns is expected to fuel market expansion.  Overall, the South Korea Textile Yarn market presents promising opportunities for growth and development.

According to 6Wresearch, the South Korea Textile Yarn Market is anticipated to grow at a CAGR of 3.7% during 2025-2031. One of the major drivers of the South Korea Textile Yarn Market is the advancements in technology which have significantly improved the quality and versatility of yarn production and enables manufacturers to meet diverse consumer demands. Additionally, the rise in global demand for high-quality, innovative fabrics fuels the growth of the market. Furthermore, rising consumer demand for sustainable and eco-friendly textiles is pushing manufacturers to innovate with biodegradable and recyclable yarns which in turn propels the market growth. Moreover, strong government support, through subsidies and favourable policies, is encouraging investments in the industry which in turn leads to the growth of the market.

However, the South Korea Textile Yarn Market faces several notable challenges that hinder its growth and development. One of the key challenges is the rising cost of raw materials which significantly impact the profit margins and makes it difficult for manufacturers to remain competitive. Additionally, increasing competition from low-cost producers in neighbouring countries such as China and Vietnam have further squeezed market share of the manufacturers, which in turn hampers the market growth. Furthermore, fluctuations in global demand, driven by changing fashion trends and economic cycles, add a layer of unpredictability that complicates long-term planning. Moreover, stringent environmental regulations require substantial investments in sustainable practices, which can be financially burdensome for smaller players and which in turn hinders the market growth.

South Korea Textile Yarn Market: Leading Players

Some of the prominent players in the South Korea Textile Yarn Market include Hyosung Corporation, Dong-A Textile Co., Ltd, Samil Spinning Co., Ltd, and Youngone Corporation. These companies have a robust presence in the market are known for their high-quality products and innovative technology. They also export their products to different countries.

South Korea Textile Yarn Market: Government Initiatives

The South Korean government plays a pivotal role in enhancing the Textile Yarn Market through several targeted initiatives. One of the key initiatives is the introduction of substantial subsidies and tax incentives for companies that invest in sustainable and eco-friendly yarn production, incentivizing innovation in green technologies. Additionally, the government launched specialized training programs aimed at upskilling the workforce, ensuring that employees are well-versed in the latest industry trends and technologies. Furthermore, the government fosters international collaborations by establishing trade agreements and partnerships with other leading textile-producing countries, thereby opening new markets and opportunities for South Korean yarn manufacturers. Moreover, the government invests in advanced research and development centers focused on pioneering new materials and techniques, solidifying South Korea's position as a global leader in the textile yarn industry.

Future Insights of the Market

The South Korea textile yarn market is poised for significant growth in the coming years. This growth is driven by increasing demand for high-quality fabrics, technological advancements in yarn production, and a strong focus on sustainable practices. Industry players are investing in research and development to create innovative yarns that cater to diverse applications, from fashion to industrial uses. Government initiatives supporting the textile sector further stimulate market expansion. Overall, the South Korea Textile Yarn market is poised for dynamic expansion.

Market Segmentation by Sources

According to Ravi Bhandari, Research Head, 6Wresearch, the chemical segment is the dominant segment in the industry and will continue to grow in the coming years. This growth is due to its ability to produce a wide range of synthetic fibers at a lower cost and their widespread use in various industries such as apparel, home textiles, and automotive.

Market Segmentation by Applications

Based on Applications, the apparel segment is the leading segment in the industry and will continue to grow in the coming years. This growth is due to the country's thriving fashion industry and its strong presence in the global apparel market.

Market Segmentation by Artificial Subtype

On the basis of Artificial Subtype, the polyester segment is the leading segment in the industry due to its low cost, durability, and versatility which makes it a popular choice across various industries. However, the segment that will grow in the coming years is the viscose segment. This growth is due to the increasing demand for sustainable materials and advancements in technology as viscose is a plant-based fiber that offers similar properties to polyester but with a lower environmental impact.

Market Segmentation by Type

In terms of Type, the artificial segment is the leading segment in the industry due to its wide range of applications and lower cost compared to natural fibers. However, the segment that will grow in the coming years is the natural type segment. This growth is due to the increasing awareness about sustainability and environmental concerns as these fibers are biodegradable and have a lower impact on the environment which makes them a preferred choice among consumers.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Korea Textile Yarn Market Outlook
• Market Size of South Korea Textile Yarn Market, 2024
• Forecast of South Korea Textile Yarn Market, 2031
• Historical Data and Forecast of South Korea Textile Yarn Revenues & Volume for the Period 2021-2031
• South Korea Textile Yarn Market Trend Evolution
• South Korea Textile Yarn Market Drivers and Challenges
• South Korea Textile Yarn Price Trends
• South Korea Textile Yarn Porter's Five Forces
• South Korea Textile Yarn Industry Life Cycle
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Sources for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Chemical for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Animal for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Plant for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Home Textile for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Apparel for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Industrial for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Artificial Subtype for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Viscose for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Polyester for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Acrylic for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Nylon for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Artificial for the Period 2021-2031
• Historical Data and Forecast of South Korea Textile Yarn Market Revenues & Volume By Natural Type for the Period 2021-2031
• South Korea Textile Yarn Import Export Trade Statistics
• Market Opportunity Assessment By Sources
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Artificial Subtype
• Market Opportunity Assessment By Type
• South Korea Textile Yarn Top Companies Market Share
• South Korea Textile Yarn Competitive Benchmarking By Technical and Operational Parameters
• South Korea Textile Yarn Company Profiles
• South Korea Textile Yarn Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Sources

• Chemical
• Animal
• Plant
• Others

By Applications

• Home Textile
• Apparel
• Industrial

By Artificial Subtype

• Viscose
• Polyester
• Acrylic
• Nylon

By Type

• Artificial
• Natural Type