Market Forecast By Source (Animal, Chemical, Plant), By Material (Natural Fiber, Synthetic Fiber), By Material (Natural Fiber, Synthetic Fiber), By Application (Apparel, Home Textile, Industrial) And Competitive Landscape
Product Code: ETC422119 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | South Korea Yarn Market |
Forecast period | 2025-2031 |
CAGR | 4% |
Growing Sector | Apparel |
The South Korea Yarn Market report thoroughly covers the market by Source, by Material, and by Application. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The South Korea yarn market is robust and competitive, characterized by a strong emphasis on high-quality synthetic and specialty yarns for both domestic use and export. Major players include Kolon Industries, Hyosung Corporation, and Taekwang Industrial, alongside significant international companies like Toray Industries. Key trends shaping the market include the rising demand for eco-friendly and sustainable yarns, advancements in smart textiles and functional yarns, and the adoption of digitalization to enhance manufacturing efficiency.
According to 6Wresearch, the South Korea Yarn Market size is expected to grow at a CAGR OF 4% during 2025-2031. Factors contributing to market growth include the growing textile industry, increasing consumer preference for quality yarn products, and effective marketing strategies. Regulatory norms emphasizing sustainable practices and ethical sourcing also foster market growth in South Korea.
The rising trend towards eco-friendly materials and innovative yarns further propel the adoption of versatile yarn types, making South Korea a significant player in the global market. With continuous advancements and innovation, the South Korea yarn market is expected to continue growing, contributing notably to the country’s economic development.Despite the growth potential, there are several challenges firms in South Korea face when producing yarn. These challenges include maintaining product quality, ensuring sustainable practices, and meeting the diverse demands of the rapidly evolving textile industry.
Leading players in the South Korea Yarn Industry include global and local firms such as Hyosung TNC Corporation, Kolon Industries Inc., and local companies like Youngone Corporation and Taekwang Industrial Co. Ltd. These companies offer a variety of yarns tailored to meet the diverse needs of the market. They leverage innovative technologies and changing consumer preferences to provide superior and sustainable yarn materials. Their presence and continuous innovation are crucial in driving the growth and adoption of different types of yarn across various sectors in South Korea.
The yarn market in South Korea is significantly influenced by government regulations aimed at promoting sustainability and competitiveness. Recent policies include stringent environmental regulations to reduce the carbon footprint of textile manufacturing, such as incentives for using eco-friendly materials and adopting green technologies. The government also supports innovation through grants and subsidies for research and development in advanced and functional yarns. Trade policies are designed to enhance market access and protect domestic producers from unfair competition, while labor regulations ensure fair wages and safe working conditions in the textile industry. These measures collectively aim to foster a sustainable, innovative, and globally competitive yarn market.
The future of the yarn market in South Korea looks promising, driven by a growing demand for sustainable and eco-friendly products, continuous advancements in smart and functional textiles, and the integration of digital technologies to improve manufacturing efficiency. The market is expected to see increased investment in research and development to innovate new materials and processes, while government support and favorable trade policies will likely enhance its global competitiveness. Despite challenges like international competition and raw material price volatility, South Korea's commitment to quality, sustainability, and technological innovation positions it well for continued growth and leadership in the global yarn industry.
According to Ravi Bhandari, Research Head, 6Wresearch, Chemical segment is expected to witness the highest growth in the South Korea yarn market, driven by advancements and innovations in chemical fiber production techniques.
The Synthetic Fiber segment is growing the most in South Korea's yarn market, driven by its versatility and ability to replicate natural fibers while providing added benefits such as durability and quick-drying properties.
The Apparel segment is growing the most in South Korea's yarn market, driven by the country's thriving fashion industry and increasing demand for high-quality clothing.
The report provides a comprehensive study of the subsequent 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 Yarn Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Yarn Market - Industry Life Cycle |
3.4 South Korea Yarn Market - Porter's Five Forces |
3.5 South Korea Yarn Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 South Korea Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 South Korea Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 South Korea Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 South Korea Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable yarn products in South Korea |
4.2.2 Increasing adoption of advanced technologies in yarn manufacturing processes |
4.2.3 Favorable government initiatives and policies supporting the textile industry in South Korea |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Intense competition from imported yarn products |
4.3.3 Regulatory challenges and compliance requirements affecting the market dynamics |
5 South Korea Yarn Market Trends |
6 South Korea Yarn Market, By Types |
6.1 South Korea Yarn Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 South Korea Yarn Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 South Korea Yarn Market Revenues & Volume, By Animal, 2021-2031F |
6.1.4 South Korea Yarn Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.5 South Korea Yarn Market Revenues & Volume, By Plant, 2021-2031F |
6.2 South Korea Yarn Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 South Korea Yarn Market Revenues & Volume, By Natural Fiber, 2021-2031F |
6.2.3 South Korea Yarn Market Revenues & Volume, By Synthetic Fiber, 2021-2031F |
6.3 South Korea Yarn Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 South Korea Yarn Market Revenues & Volume, By Natural Fiber, 2021-2031F |
6.3.3 South Korea Yarn Market Revenues & Volume, By Synthetic Fiber, 2021-2031F |
6.4 South Korea Yarn Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 South Korea Yarn Market Revenues & Volume, By Apparel, 2021-2031F |
6.4.3 South Korea Yarn Market Revenues & Volume, By Home Textile, 2021-2031F |
6.4.4 South Korea Yarn Market Revenues & Volume, By Industrial, 2021-2031F |
7 South Korea Yarn Market Import-Export Trade Statistics |
7.1 South Korea Yarn Market Export to Major Countries |
7.2 South Korea Yarn Market Imports from Major Countries |
8 South Korea Yarn Market Key Performance Indicators |
8.1 Percentage of recycled or sustainably sourced yarn used in the market |
8.2 Adoption rate of automation and digitalization in yarn manufacturing |
8.3 Number of new textile industry policies or initiatives introduced by the government |
8.4 Average production cost efficiency in yarn manufacturing |
8.5 Rate of growth in domestic yarn consumption |
9 South Korea Yarn Market - Opportunity Assessment |
9.1 South Korea Yarn Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 South Korea Yarn Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 South Korea Yarn Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 South Korea Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea Yarn Market - Competitive Landscape |
10.1 South Korea Yarn Market Revenue Share, By Companies, 2024 |
10.2 South Korea Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |