The global yarn market has been forecast to grow by USD 42.18 billion between 2022 and 2026, accelerating at a CAGR of 5.77%. Asia-Pacific (APAC) will continue its role as the dominant region and is expected to garner a 74% share of predicted market growth[1]. Textile and yarn businesses in the region are facing increasing demand due to population growth, the introduction of new fabrics, and the worldwide adoption of new trends[2].
As a must-attend yarn and fibre trade fair for international buyers and suppliers, the event has formed part of the industry’s backbone for two decades. Yarn Expo Autumn 2023 will gather a wide spectrum of exhibitors, with products including innovative fancy yarn, deluxe cashmere, premium wool, stylish cotton, functional synthetics and green linen.
Various overseas zones will be assembled to further increase the fair’s internationality, set to be boosted by the January 2023 easing of almost three years of pandemic-related restrictions. The fair’s return as a global platform will provide a coveted opportunity for both domestic and international key players for business exchange, and for acquiring information on end-user markets, suppliers, innovations and new techniques.
Sourcing at the fair’s previous edition in 2021, Mr Carl He, General Manager of Enrich Fabrics & Cotton Branch Company, Guangzhou Textiles Holdings Limited, China, commented: “We have participated at the fair since its first edition, and Yarn Expo Autumn’s high level of proficiency in the industry is beyond doubt. This year, I have seen a lot of great environmentally friendly, renewable and biodegradable products that represent the purchasing trends for this season. This fair has always maintained high quality exhibitors, and through business matching several of them have become our long-term partners. Sourcing here has been incredibly beneficial.”
Exhibiting at a prior edition, Ms Shaoping Li, Senior Manager of China Supply Chain, Marketing – Yarn and Home Textiles, Cotton Council International, USA, commented: “Yarn Expo Autumn is important to the yarn and fabric industry, especially when it serves as a communication platform for large and small companies to share market information and promote their new products. Holding a physical event is also crucial for business as buyers need to look at the products in person. We have achieved excellent results this year as there’s been a fourfold increase in visitor enquiries.”
Yarn Expo Autumn is organised by Messe Frankfurt (HK) Ltd and the Sub-Council of Textile Industry, CCPIT. For more details, please visit: www.yarn-expo-autumn.com.
To find out more about all Messe Frankfurt textile fairs worldwide, please visit: www.texpertise-network.com.
Further press information & picture material
https://yarn-expo-autumn.hk.messefrankfurt.com/shanghai/en/press.html
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Texpertise, the textile business network, stands for Messe Frankfurt's entire textile commitment. With a unique portfolio currently comprising around 50 international trade fairs in 11 countries, the company is the world market leader in trade fairs for the textile industry. Texpertise Network covers the entire value chain of the textile industry and, as a central communication platform, provides valuable information on the textile trade fair brands.
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Background information on Messe Frankfurt
The Messe Frankfurt Group is one of the world’s leading trade fair, congress and event organisers with their own exhibition grounds. With a workforce of some 2,200* people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2022 were around €450 million*. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity. For more information, please visit our website at: www.messefrankfurt.com/sustainability. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent). For more information, please visit our website at: www.messefrankfurt.com
* Preliminary figures for 2022
[1] “Yarn Market by Type and Geography - Forecast and Analysis 2022-2026”, October 2022,Technavio, retrieved January 2023, https://www.technavio.com/report/yarn-market-industry-analysis
[2] “Textile Yarn Market Size And Forecast”, September 2022, Verified Market Research, retrieved January 2023, https://www.verifiedmarketresearch.com/product/textile-yarn-market/