Fancy Yarn Market Size, Share, Global Trends, & Forecast Report 2034

Fancy Yarn Industry Prospective:

The global fancy yarn market size was worth around USD 2.15 billion in 2024 and is predicted to grow to around USD 3.81 billion by 2034, with a compound annual growth rate (CAGR) of roughly 5.90% between 2025 and 2034.

Request Free Sample

Fancy Yarn Market: Overview

Fancy yarn is a type of novelty yarn consisting of deliberate discontinuities or irregularities in the yarn structure. The primary application of fancy yarns is to produce attractive, distinctive, and fashionable textile products. They are also known as affect yarns, and their profile is significantly different from basic folded or single yarns. Invariably, they are used for preparing fashion fabrics. They are used in items such as upholstery products, female fashion products, furnishing solutions, cushions, knitwear, and other aesthetically appealing textile-based solutions. The commercial market is currently filled with a wide range of fancy yarns, such as slug yarn, spiral yarn, knob yarn, and others. During the projection period, the use of fancy yarn is expected to be fueled by multiple factors such as increased demand for luxury clothing items.

Moreover, increasing government support for the textile industry may further help generate more market revenue. Industry players are increasingly experimenting with innovative yarn designs, enhanced performance, and advanced production solutions that may help the market thrive in the long run. One major growth barrier for the fancy yarn industry will emerge in the form of supply chain disruptions of raw materials and final goods.

Key Insights:

• As per the analysis shared by our research analyst, the global fancy yarn market is estimated to grow annually at a CAGR of around 5.90% over the forecast period (2025-2034)
• In terms of revenue, the global fancy yarn market size was valued at around USD 2.15 billion in 2024 and is projected to reach USD 3.81 billion by 2034.
• The fancy yarn market is projected to grow at a significant rate due to the rising demand for novelty yarn in the fashion industry.
• Based on the product type, the snarl yarn segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the end-user industry, the clothes & accessories segment is anticipated to command the largest market share.
• Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.

Fancy Yarn Market: Growth Drivers

Rising demand for novelty yarn in the fashion industry will propel market expansion rate

The global fancy yarn market is expected to grow due to the surging demand for novelty yarn across the globe for producing fashion items. Fancy yarn offers a more decorative structure as compared to conventional yarn. Additionally, they can be customized depending on the final demand and requirements.

In November 2023, Teijin Frontier Co., Ltd. announced the launch of Microsoft AR. It is a seamless knitwear that can be used for outdoor sports. The clothing solution offers high comfort and functionality. It is produced using bulky fancy yarn, which in turn is developed by Teijing’s novel high-performance polyester filament.

Furthermore, the rising demand for luxury fashion products or accessories is expected to create new growth avenues for the industry players in the long run. Factors such as increased access to luxury goods made from novel raw materials, rising disposable income, and growing environmental consciousness among consumers will lead to increased usage of luxury fashion goods in the coming years.

Growing government support to promote the textile industry will accelerate industry growth trends

Governments worldwide, particularly countries with a rich textile history, are launching new initiatives to promote their regional weaving sectors. These projects aim to develop the skills of weavers, increase opportunities for textile producers to connect with global clients, and create an organized supply chain of raw materials or finished goods, among other key objectives.

For instance, in November 2024, India planned to launch new subsidies and rework its tax standard operating procedure (SOP) to promote yarn production in the country. In February 2025, the Indian Ministry of Textiles and the European Union (EU) announced the launch of 7 new projects aimed at boosting the former’s textile industry. Such initiatives are expected to work in favor of the global fancy yarn market.

Fancy Yarn Market: Restraints

High cost of production and complicated production methods limit market revenue

The global industry for fancy yarn is expected to be restricted due to the high cost of producing these materials. Fancy yarn differs significantly in terms of performance, quality, and overall features from traditional yarn, which increases the cost of the former type.

In addition, the use of complicated production methods and complex machinery demands skilled resources that may not be readily available. These factors are likely to impact the smooth flow of revenue in the industry.

Fancy Yarn Market: Opportunities

Consistent rate of market innovation will generate growth opportunities for industry players

The global fancy yarn market is anticipated to generate growth opportunities due to the rising rate of innovation within the industry. The increasing investment in research & development of sustainable, eco-friendly fancy yarn has exceptional growth potential in the future as per current trends.

In March 2025, E.C.I. Elastic Co., Ltd., a global producer of elastic and non-elastic tapes, announced the launch of a new range of offerings named The Fancy Yarn. The material is developed using recycled waste yarn. It aims to deliver environmentally conscious solutions to the end-users. The method of Fancy Yarn production includes the use of more than 1 and up to 4 different types of yarn in a single thread. Over the next few years, the product is expected to help reduce landfill waste and also limit the environmental footprint typically associated with the yarn-producing industry.

In June 2024, Gimatex, one of India’s leading textile mills, launched a breakthrough solution in the market in the form of Siro Compact Yarns. The company also introduced superior quality Chief Value Cotton Yarns (CVC Yarns) with an option for contamination-free variants. Some of the primary characteristics of the new launches include exceptional durability, unparalleled smoothness, and superior strength.

Fancy Yarn Market: Challenges

Risk of supply chain disruptions and environmental damage associated with the product remains a key challenge

The global fancy yarn industry is expected to be challenged by the growing risk of supply chain disruptions against the backdrop of growing geopolitical turmoil. Additionally, the fancy yarn production industry is often associated with severe environmental pollution due to the use of harsh chemicals and resource-intensive procedures. These factors will collectively challenge market expansion in the coming years.

Request Free Sample

Fancy Yarn Market: Report Scope

Fancy Yarn Market: Segmentation

The global fancy yarn market is segmented based on product type, material, and region.

Based on the product type, the global market divisions are snarl yarn, loop yarn, spiral yarn, slub yarn, gimp yarn, knob yarn, and others. In 2024, the highest revenue was generated by the snarl yarn segment. It held prominence over 30.05% of the final revenue and is expected to continue the same trend during the forecast period. Snarl yarns are used across end sectors and thus enjoy significant demand in the market.

Based on material, the global fancy yarn industry is divided into rayon, silk, wool, cotton, and others.

Based on the end-user industry, the global market is divided into home furnishings, clothing and accessories, textiles, and others. In 2024, more than 40.05% of the total revenue was generated by the clothes & accessories segment. Fancy yarn is widely in demand for producing fashionable clothing items. The surging popularity of trendy clothes & accessories across genders and age groups will promote segmental revenue in the coming years.

Fancy Yarn Market: Regional Analysis

Asia-Pacific to generate the highest revenue during the projection period

The global fancy yarn market is expected to be led by Asia-Pacific during the forecast period. Countries such as Japan, China, India, and South Korea are among the leading revenue generators according to market analysis. Asian countries have an enormous and flourishing textile industry. Yarns and weaves produced in India and China are some of the most popular textile products used in Asia-Pacific as well as international markets.

In 2023, China hosted the Yarn Expo event, delivering in-person trading opportunities in China for fiber and yarn suppliers from across the globe. Government support in the regional market has been monumental in propelling Asia-Pacific toward new growth horizons. Europe is expected to emerge as the second-highest revenue generator. The presence of a growing fashion industry in major European countries, such as Italy and Spain, will promote regional market expansion.

In addition to this, increasing creative partnerships with European economies across transcontinental borders will aid Europe in establishing its prominence in the market. The increasing demand for affordable luxury in terms of clothing and home furnishing products may further encourage regional market expansion.

Fancy Yarn Market: Competitive Analysis

The global fancy yarn market is led by players like:

• Reliance Industries Ltd.
• Eisaku Noro Company
• Nimbark Fashions Limited
• Suzhou Jingsiqi New Material Technical Co. Ltd.
• Nilit
• Briggs & Little
• Red Rose Textiles Industries Pvt. Ltd.
• Lion Brand Yarns
• Ashutosh Group
• Chenniappa Yarn Spinners Pvt. Ltd.
• Jimmy Beans Wool / Madelinetosh
• Sahajanand Filament
• Kraemer Textiles Inc.
• Loyal Light International
• Fortune Cat Yarns

The global fancy yarn market is segmented as follows:

By Product Type

• Snarl Yarn
• Loop Yarn
• Spiral Yarn
• Slub Yarn
• Gimp Yarn
• Knob Yarn
• Others

By Material

• Rayon
• Silk
• Wool
• Cotton
• Others

By End-User Industry

• Home Furnishing
• Clothes & Accessories
• Textile
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa