Product Code: ETC125681 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam acrylic yarn line market has witnessed substantial growth in recent years, driven by the country`s expanding textile and garment industry and the increasing demand for acrylic yarn in various applications. Acrylic yarn is a popular synthetic fiber known for its softness, durability, and affordability, making it a preferred choice for knitting, weaving, and other textile manufacturing processes. As Vietnam continues to attract investments in textile and garment manufacturing and experiences growth in the fashion and apparel sectors, the demand for acrylic yarn has been on the rise.
Several factors have contributed to the growth of the acrylic yarn line market in Vietnam. Firstly, the country`s textile and garment industry is a significant contributor to its economy, and the increasing production of fabrics, apparel, and home textiles has driven the demand for acrylic yarn as a versatile and cost-effective material. Secondly, the growing popularity of knitting and crocheting as hobbies and crafts has increased the domestic demand for acrylic yarn, leading to a surge in yarn sales. Moreover, the adoption of acrylic yarn as an alternative to natural fibers like wool and cotton, especially in colder climates, has further bolstered its demand in the country.
Despite its growth, the Vietnam acrylic yarn line market faces certain challenges. One of the primary challenges is the competition from other synthetic and natural fibers used in textile production. Manufacturers and distributors of acrylic yarn need to differentiate their products and emphasize the unique characteristics of acrylic yarn to attract consumers.
Several companies have played a significant role in shaping the Vietnam acrylic yarn line market. Both domestic and international yarn manufacturers and distributors have contributed to the market`s growth by providing a wide range of acrylic yarn options to cater to diverse industry needs. Companies such as Vardhman Yarns & Threads Ltd., Nirmal Fibres Pvt. Ltd., and Sutlej Textiles and Industries Ltd. are among the key players that hold substantial market shares and contribute to the stable supply of acrylic yarn in the country.
The outbreak of the Covid-19 pandemic had implications for the Vietnam acrylic yarn line market. The pandemic led to disruptions in supply chains, production processes, and international trade, affecting the demand and supply of acrylic yarn in the country. Moreover, changes in consumer spending and preferences during the pandemic may have influenced purchase decisions for apparel and textiles, impacting the demand for acrylic yarn. The pandemic also emphasized the importance of e-commerce and digital marketing for acrylic yarn manufacturers and retailers to reach consumers during periods of social distancing and restricted movement.
Vietnam Acrylic Yarn Line |
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 Vietnam Acrylic Yarn Line Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Acrylic Yarn Line Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Acrylic Yarn Line Market - Industry Life Cycle |
3.4 Vietnam Acrylic Yarn Line Market - Porter's Five Forces |
3.5 Vietnam Acrylic Yarn Line Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Vietnam Acrylic Yarn Line Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Acrylic Yarn Line Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Acrylic Yarn Line Market Trends |
6 Vietnam Acrylic Yarn Line Market, By Types |
6.1 Vietnam Acrylic Yarn Line Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Acrylic Yarn Line Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Vietnam Acrylic Yarn Line Market Revenues & Volume, By 100% Acrylic Yarn, 2021-2031F |
6.1.4 Vietnam Acrylic Yarn Line Market Revenues & Volume, By Blended Acrylic Yarn, 2021-2031F |
6.2 Vietnam Acrylic Yarn Line Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Acrylic Yarn Line Market Revenues & Volume, By Garment Industry, 2021-2031F |
6.2.3 Vietnam Acrylic Yarn Line Market Revenues & Volume, By Home Textiles Industry , 2021-2031F |
6.2.4 Vietnam Acrylic Yarn Line Market Revenues & Volume, By Other, 2021-2031F |
7 Vietnam Acrylic Yarn Line Market Import-Export Trade Statistics |
7.1 Vietnam Acrylic Yarn Line Market Export to Major Countries |
7.2 Vietnam Acrylic Yarn Line Market Imports from Major Countries |
8 Vietnam Acrylic Yarn Line Market Key Performance Indicators |
9 Vietnam Acrylic Yarn Line Market - Opportunity Assessment |
9.1 Vietnam Acrylic Yarn Line Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Vietnam Acrylic Yarn Line Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Acrylic Yarn Line Market - Competitive Landscape |
10.1 Vietnam Acrylic Yarn Line Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Acrylic Yarn Line Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |