Textile Yarn Market Regional Analysis & Global Forecast to 2028
The textile yarn market is projected to reach USD 18.5 billion by 2028, growing at a CAGR of 5.1% from 2023 to 2028. The expanding middle class in emerging economies is a key factor driving the demand for textile yarn. As more individuals enter the middle-income bracket, there is an increased demand for affordable and fashionable clothing, leading to higher consumption of textile yarns.
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