In Singapore, part of the broader Asia‑Pacific textile landscape that dominates global spandex yarn production and consumption, the market is underpinned by a confluence of regional dynamics and local industrial strategy. Asia‑Pacific contributes over 75 percent of global spandex output, with China alone accounting for roughly 60 percent, leveraging economies of scale, vertical integration, and competitive raw material costs.Singapore’s position is not as a primary producer of spandex yarn itself, but rather as a regional hub and investor. Notably, Singapore‑based Indorama Corporation, with global operations in polyester, PET and spandex filament fibres, influences supply chains and investment flows across Southeast Asia.
TABLE - Singapore Spandex Yarn Market Size & Forecast By Yarn Type 2021-2033
Yarn Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Covered Yarn (Single and Double Covered) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Core-Spun Yarn | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others (Drawn Textured Yarn, Air-Covered Yarn) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Singapore Spandex Yarn Market Size & Forecast By Application 2021-2033
Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apparel | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Home Textiles | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Medical & Healthcare Textiles | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others (Automotive, Industrial) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis