"Fancy Yarn includes Chenille Yarn, Gimp Yarn, Loop Yarn, Knop Yarn, Slub Yarn and other types. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Fancy Yarn Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
In this report, the global Fancy Yarn market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.
The report firstly introduced the Fancy Yarn basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis."
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Bangladesh's spinners are trying to import cotton yarn and raw cotton from Africa, Austria, the US and Brazil after India recently imposed a ban on its export.
In a bid to help the clothing and other downstream segments of the textile industry, which have been in a bind over soaring cotton prices, the member mills of Northern India Textile Mills Association (NITMA) have agreed to reduce cotton yarn prices by Rs.5 per kg with effect from 1st May 2010, said NITMA President, Ashish Bagrodia on Tuesday.
Indian apparel manufacturers are facing steep price hike and serious shortage of fabrics and urged the government to introduce some sort of control mechanism to prevent uncontrolled exports of yarn and cotton from the country.
The hosiery industry has urged the government to take steps to reduce the prices of cotton yarn and ensure domestic availability of the raw material by cutting down exports.
Amid apparel industry's demand for government intervention to prevent rising yarn prices, Union Textile Minister Dayanidhi Maran said the government will take measures to protect the handloom and garment manufacturers.
The government has initiated different measures to ensure adequate domestic availability of yarn and raw cotton, Minister of State for Textiles, Panabaaka Lakshmi said on Wednesday in a written reply in the Rajya Sabha.
Over 1.3 million handloom and powerloom units across Bangladesh have launched an indefinite strike demanding import of yarn from India through the Benapole land port to meet the current shortage and to arrest rising prices.
Confederation of Indian Textile industry (CITI) has requested the spinning industry to avoid any increase in cotton yarn prices for the next three months, in view of the problems being faced by the downstream segments of the industry.
Government has extended the entitlement quota for one year in the export of readymade garments, knitwear, yarn, fabrics and made-ups to the countries of Canada, US, and European Union.
Growing prominence of nylon substitutes such as polypropylene, bioabsorbable polymers, para-aramid synthetic fibers, and polyvinylidene fluoride is anticipated to hamper growth prospects of the market. Over the last few years, PVDF has been experiencing widespread acceptance as a significant substitute of nylon, especially in fishing lines.
The Apparel Export Promotion Council (AEPC) has said the government's decision to suspend sops for export of raw cotton and cotton yarn will have a sobering impact on booming fabric prices.