The Spandex industry, also known as elastane, has witnessed significant growth in recent years, driven by its versatile applications and increasing demand across various sectors. Spandex is a synthetic fiber known for its exceptional elasticity, offering stretch and recovery properties that make it an essential component in a wide range of products.
The global market size of Spandex is projected to reach US$7500.9 million by 2022, with a compound annual growth rate (CAGR) of 2.23%. This growth can be attributed to several factors, including the rising popularity of comfortable and stretchable clothing, the increasing demand for medical and healthcare products, and the expanding use of Spandex in various other industries.
Apparel and clothing are the largest consumers of Spandex, accounting for a significant portion of its market share. The textile industry utilizes Spandex to enhance the stretchability and shape retention of garments, leading to greater comfort and improved fit. Spandex is commonly found in sportswear, swimwear, intimate apparel, and activewear, driving its demand further.
The medical and healthcare sector is another prominent user of Spandex, leveraging its unique properties for compression garments, bandages, and prosthetics. Spandex-based medical textiles aid in enhancing blood circulation, wound healing, and providing necessary support to patients. The demand for such products is expected to rise due to an aging population and increased health awareness.
Besides the aforementioned sectors, Spandex finds applications in other industries such as automotive, aerospace, and personal care. In the automotive sector, Spandex is used in seat covers and automotive textiles to provide elasticity and durability. In the aerospace industry, Spandex is integrated into components requiring high elasticity and resistance to extreme conditions.
Among the major global Spandex manufacturers, Invista, Hyosung Corporation, Asahi Kasei Corporation, Taekwang Industrial Co. Ltd., Zhejiang Huafon Spandex Co. Ltd., Yantai Tayho Advanced Materials Co. Ltd., and TK Chemical Corporation hold significant market shares. These companies focus on continuous research and development to innovate their Spandex products and cater to the changing demands of various industries.
Looking ahead, the Spandex industry holds promising prospects. Factors such as the growing demand for comfortable and lightweight clothing, increasing investment in healthcare and medical textiles, and the expanding use of Spandex in emerging industries are expected to fuel the market growth. Moreover, advancements in Spandex manufacturing technology and the development of eco-friendly variants add to the positive outlook for the industry.
In conclusion, the Spandex industry is witnessing steady growth and is poised for further expansion in the coming years. Its versatility, combined with the demand from apparel, medical, and other sectors, contributes to its overall market success. With major global manufacturers leading the way in innovation, the Spandex industry is set to thrive and meet the evolving needs of diverse applications.
The SWOT analysis of the Spandex industry is as follows:
Strengths:
1. Versatility: Spandex is known for its stretchability, which allows it to be used in a wide range of applications such as clothing, sportswear, swimwear, activewear, medical textiles, and more.
2. Comfort: Spandex fabric is known for its soft and smooth texture, making it comfortable to wear for extended periods of time.
3. Durability: Spandex is a strong and durable material that can withstand repeated stretching and washing without losing its shape or elasticity.
4. Breathability: Many spandex fabrics are designed to be breathable, allowing air to pass through and keeping the wearer cool and comfortable.
5. Performance enhancing: Spandex is often used in sportswear and activewear due to its ability to provide compression and support, enhancing performance and reducing the risk of injury.
Weaknesses:
1. High cost: Compared to other textile materials, spandex can be more expensive, which may limit its use in certain applications or drive up the cost of the final product.
2. Environmental concerns: The production of spandex involves the use of chemicals and energy-intensive processes, which can have negative environmental impacts if not managed properly.
3. Limited color options: Spandex has limitations in terms of dyeing and color fastness, which can restrict design choices and patterns for manufacturers and designers.
Opportunities:
1. Growing demand for activewear: With the increasing focus on health and fitness, there is a growing demand for activewear and sportswear, which presents an opportunity for the spandex industry to expand its market.
2. Innovations in sustainable spandex: There is a growing interest in sustainable textiles, and the spandex industry has the opportunity to develop more eco-friendly production processes and materials to meet this demand.
3. Customization: The customization trend is gaining popularity in the fashion industry, and spandex manufacturers can capitalize on this by offering customized designs and fit options.
Threats:
1. Competition from alternative materials: Spandex faces competition from other synthetic and natural fibers that offer similar properties such as stretch and comfort.
2. Price volatility: The price of raw materials used in spandex production, such as petroleum, can be volatile, which can impact the profitability of spandex manufacturers.
3. Changing fashion trends: Fashion trends are constantly evolving, and spandex manufacturers need to stay updated and adaptable to cater to the changing preferences of consumers.
Key players in global Spandex market include:
Invista
Hyosung Corporation
Asahi Kasei Corporation
Taekwang Industrial Co. Ltd.
Zhejiang Huafon Spandex Co. Ltd.
Yantai Tayho Advanced materials Co. Ltd.
TK Chemical Corporation
Market segmentation, by product types:
Solution Dry Spinning
Solution Wet Spinning
Others
Market segmentation, by applications:
Apparel & Clothing
Medical & Healthcare
Others
1 Industry Overview of Spandex
1.1 Research Scope
1.2 Market Segmentation by Types of Spandex
1.3 Market Segmentation by End Users of Spandex
1.4 Market Dynamics Analysis of Spandex
1.4.1 Market Drivers
1.4.2 Market Challenges
1.4.3 Market Opportunities
1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Spandex Industry
2.1 Invista
2.1.1 Company Overview
2.1.2 Main Products and Specifications
2.1.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.1.4 Contact Information
2.2 Hyosung Corporation
2.2.1 Company Overview
2.2.2 Main Products and Specifications
2.2.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.2.4 Contact Information
2.3 Asahi Kasei Corporation
2.3.1 Company Overview
2.3.2 Main Products and Specifications
2.3.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.3.4 Contact Information
2.4 Taekwang Industrial Co. Ltd.
2.4.1 Company Overview
2.4.2 Main Products and Specifications
2.4.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.4.4 Contact Information
2.5 Zhejiang Huafon Spandex Co. Ltd.
2.5.1 Company Overview
2.5.2 Main Products and Specifications
2.5.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.5.4 Contact Information
2.6 Yantai Tayho Advanced materials Co. Ltd.
2.6.1 Company Overview
2.6.2 Main Products and Specifications
2.6.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.6.4 Contact Information
2.7 TK Chemical Corporation
2.7.1 Company Overview
2.7.2 Main Products and Specifications
2.7.3 Spandex Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.7.4 Contact Information
3 Global Spandex Market Analysis by Regions, Manufacturers, Types and End Users
3.1 Global Sales Volume and Revenue of Spandex by Regions (2018-2023)
3.2 Global Sales Volume and Revenue of Spandex by Manufacturers (2018-2023)
3.3 Global Sales Volume and Revenue of Spandex by Types (2018-2023)
3.4 Global Sales Volume and Revenue of Spandex by End Users (2018-2023)
3.5 Selling Price Analysis of Spandex by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Spandex Market Analysis by Countries, Types and End Users
4.1 Northern America Spandex Sales Volume and Revenue Analysis by Countries (2018-2023)
4.2 Northern America Spandex Sales Volume and Revenue Analysis by Types (2018-2023)
4.3 Northern America Spandex Sales Volume and Revenue Analysis by End Users (2018-2023)
4.4 United States Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
4.5 Canada Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Spandex Market Analysis by Countries, Types and End Users
5.1 Europe Spandex Sales Volume and Revenue Analysis by Countries (2018-2023)
5.2 Europe Spandex Sales Volume and Revenue Analysis by Types (2018-2023)
5.3 Europe Spandex Sales Volume and Revenue Analysis by End Users (2018-2023)
5.4 Germany Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.5 France Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.6 UK Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.7 Italy Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.8 Russia Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.9 Spain Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.10 Netherlands Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Spandex Market Analysis by Countries, Types and End Users
6.1 Asia Pacific Spandex Sales Volume and Revenue Analysis by Countries (2018-2023)
6.2 Asia Pacific Spandex Sales Volume and Revenue Analysis by Types (2018-2023)
6.3 Asia Pacific Spandex Sales Volume and Revenue Analysis by End Users (2018-2023)
6.4 China Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.5 Japan Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.6 Korea Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.7 India Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.8 Australia Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.9 Indonesia Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.10 Vietnam Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Spandex Market Analysis by Countries, Types and End Users
7.1 Latin America Spandex Sales Volume and Revenue Analysis by Countries (2018-2023)
7.2 Latin America Spandex Sales Volume and Revenue Analysis by Types (2018-2023)
7.3 Latin America Spandex Sales Volume and Revenue Analysis by End Users (2018-2023)
7.4 Brazil Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.5 Mexico Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.6 Argentina Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.7 Colombia Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Spandex Market Analysis by Countries, Types and End Users
8.1 Middle East & Africa Spandex Sales Volume and Revenue Analysis by Countries (2018-2023)
8.2 Middle East & Africa Spandex Sales Volume and Revenue Analysis by Types (2018-2023)
8.3 Middle East & Africa Spandex Sales Volume and Revenue Analysis by End Users (2018-2023)
8.4 Turkey Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.5 Saudi Arabia Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.6 South Africa Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.7 Egypt Spandex Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
9.1 Marketing Channel
9.1.1 Direct Channel
9.1.2 Indirect Channel
9.2 Distributors and Traders
10 Global Spandex Market Forecast by Regions, Countries, Manufacturers, Types and End Users
10.1 Global Sales Volume and Revenue Forecast of Spandex by Regions (2024-2029)
10.2 Global Sales Volume and Revenue Forecast of Spandex by Types (2024-2029)
10.3 Global Sales Volume and Revenue Forecast of Spandex by End Users (2024-2029)
10.4 Global Revenue Forecast of Spandex by Countries (2024-2029)
10.4.1 United States Revenue Forecast (2024-2029)
10.4.2 Canada Revenue Forecast (2024-2029)
10.4.3 Germany Revenue Forecast (2024-2029)
10.4.4 France Revenue Forecast (2024-2029)
10.4.5 UK Revenue Forecast (2024-2029)
10.4.6 Italy Revenue Forecast (2024-2029)
10.4.7 Russia Revenue Forecast (2024-2029)
10.4.8 Spain Revenue Forecast (2024-2029)
10.4.9 Netherlands Revenue Forecast (2024-2029)
10.4.10 China Revenue Forecast (2024-2029)
10.4.11 Japan Revenue Forecast (2024-2029)
10.4.12 Korea Revenue Forecast (2024-2029)
10.4.13 India Revenue Forecast (2024-2029)
10.4.14 Australia Revenue Forecast (2024-2029)
10.4.15 Indonesia Revenue Forecast (2024-2029)
10.4.16 Vietnam Revenue Forecast (2024-2029)
10.4.17 Brazil Revenue Forecast (2024-2029)
10.4.18 Mexico Revenue Forecast (2024-2029)
10.4.19 Argentina Revenue Forecast (2024-2029)
10.4.20 Colombia Revenue Forecast (2024-2029)
10.4.21 Turkey Revenue Forecast (2024-2029)
10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
10.4.23 South Africa Revenue Forecast (2024-2029)
10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Spandex
11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Spandex
11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Spandex
11.1.2 Major Equipment Suppliers with Contact Information Analysis of Spandex
11.2 Downstream Major Consumers Analysis of Spandex
11.3 Major Suppliers of Spandex with Contact Information
11.4 Supply Chain Relationship Analysis of Spandex
12 Spandex New Project Investment Feasibility Analysis
12.1 Spandex New Project SWOT Analysis
12.2 Spandex New Project Investment Feasibility Analysis
12.2.1 Project Name
12.2.2 Investment Budget
12.2.3 Project Product Solutions
12.2.4 Project Schedule
13 Spandex Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.2 References and Data Sources
14.2.1 Primary Sources
14.2.2 Secondary Paid Sources
14.2.3 Secondary Public Sources
14.3 Abbreviations and Units of Measurement
14.4 Author Details
14.5 Disclaimer
Table Types of Spandex
Table End Users of Spandex
Figure Market Drivers Analysis of Spandex
Figure Market Challenges Analysis of Spandex
Figure Market Opportunities Analysis of Spandex
Table Market Drivers Analysis of Spandex
Table Invista Information List
Figure Spandex Picture and Specifications of Invista
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of Invista (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of Invista (2018-2023)
Table Hyosung Corporation Information List
Figure Spandex Picture and Specifications of Hyosung Corporation
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of Hyosung Corporation (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of Hyosung Corporation (2018-2023)
Table Asahi Kasei Corporation Information List
Figure Spandex Picture and Specifications of Asahi Kasei Corporation
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of Asahi Kasei Corporation (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of Asahi Kasei Corporation (2018-2023)
Table Taekwang Industrial Co. Ltd. Information List
Figure Spandex Picture and Specifications of Taekwang Industrial Co. Ltd.
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of Taekwang Industrial Co. Ltd. (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of Taekwang Industrial Co. Ltd. (2018-2023)
Table Zhejiang Huafon Spandex Co. Ltd. Information List
Figure Spandex Picture and Specifications of Zhejiang Huafon Spandex Co. Ltd.
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of Zhejiang Huafon Spandex Co. Ltd. (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of Zhejiang Huafon Spandex Co. Ltd. (2018-2023)
Table Yantai Tayho Advanced materials Co. Ltd. Information List
Figure Spandex Picture and Specifications of Yantai Tayho Advanced materials Co. Ltd.
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of Yantai Tayho Advanced materials Co. Ltd. (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of Yantai Tayho Advanced materials Co. Ltd. (2018-2023)
Table TK Chemical Corporation Information List
Figure Spandex Picture and Specifications of TK Chemical Corporation
Table Spandex Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of TK Chemical Corporation (2018-2023)
Figure Spandex Sales Volume (MT) and Global Market Share of TK Chemical Corporation (2018-2023)
Table Global Sales Volume (MT) of Spandex by Regions (2018-2023)
Table Global Revenue (Million USD) of Spandex by Regions (2018-2023)
Table Global Sales Volume (MT) of Spandex by Manufacturers (2018-2023)
Table Global Revenue (Million USD) of Spandex by Manufacturers (2018-2023)
Table Global Sales Volume (MT) of Spandex by Types (2018-2023)
Table Global Revenue (Million USD) of Spandex by Types (2018-2023)
Table Global Sales Volume (MT) of Spandex by End Users (2018-2023)
Table Global Revenue (Million USD) of Spandex by End Users (2018-2023)
Table Selling Price Comparison of Global Spandex by Regions in (2018-2023) (USD/MT)
Table Selling Price Comparison of Global Spandex by Manufacturers in (2018-2023) (USD/MT)
Table Selling Price Comparison of Global Spandex by Types in (2018-2023) (USD/MT)
Table Selling Price Comparison of Global Spandex by End Users in (2018-2023) (USD/MT)
Table Northern America Spandex Sales Volume (MT) by Countries (2018-2023)
Table Northern America Spandex Revenue (Million USD) by Countries (2018-2023)
Table Northern America Spandex Sales Volume (MT) by Types (2018-2023)
Table Northern America Spandex Revenue (Million USD) by Types (2018-2023)
Table Northern America Spandex Sales Volume (MT) by End Users (2018-2023)
Table Northern America Spandex Revenue (Million USD) by End Users (2018-2023)
Table United States Spandex Import and Export (MT) (2018-2023)
Figure United States Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure United States Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Canada Spandex Import and Export (MT) (2018-2023)
Figure Canada Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Canada Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Europe Spandex Sales Volume (MT) by Countries (2018-2023)
Table Europe Spandex Revenue (Million USD) by Countries (2018-2023)
Table Europe Spandex Sales Volume (MT) by Types (2018-2023)
Table Europe Spandex Revenue (Million USD) by Types (2018-2023)
Table Europe Spandex Sales Volume (MT) by End Users (2018-2023)
Table Europe Spandex Revenue (Million USD) by End Users (2018-2023)
Table Germany Spandex Import and Export (MT) (2018-2023)
Figure Germany Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Germany Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table France Spandex Import and Export (MT) (2018-2023)
Figure France Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure France Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table UK Spandex Import and Export (MT) (2018-2023)
Figure UK Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure UK Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Italy Spandex Import and Export (MT) (2018-2023)
Figure Italy Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Italy Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Russia Spandex Import and Export (MT) (2018-2023)
Figure Russia Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Russia Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Spain Spandex Import and Export (MT) (2018-2023)
Figure Spain Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Spain Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Netherlands Spandex Import and Export (MT) (2018-2023)
Figure Netherlands Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Netherlands Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Asia Pacific Spandex Sales Volume (MT) by Countries (2018-2023)
Table Asia Pacific Spandex Revenue (Million USD) by Countries (2018-2023)
Table Asia Pacific Spandex Sales Volume (MT) by Types (2018-2023)
Table Asia Pacific Spandex Revenue (Million USD) by Types (2018-2023)
Table Asia Pacific Spandex Sales Volume (MT) by End Users (2018-2023)
Table Asia Pacific Spandex Revenue (Million USD) by End Users (2018-2023)
Table China Spandex Import and Export (MT) (2018-2023)
Figure China Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure China Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Japan Spandex Import and Export (MT) (2018-2023)
Figure Japan Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Japan Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Korea Spandex Import and Export (MT) (2018-2023)
Figure Korea Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Korea Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table India Spandex Import and Export (MT) (2018-2023)
Figure India Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure India Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Australia Spandex Import and Export (MT) (2018-2023)
Figure Australia Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Australia Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Indonesia Spandex Import and Export (MT) (2018-2023)
Figure Indonesia Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Indonesia Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Vietnam Spandex Import and Export (MT) (2018-2023)
Figure Vietnam Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Vietnam Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Latin America Spandex Sales Volume (MT) by Countries (2018-2023)
Table Latin America Spandex Revenue (Million USD) by Countries (2018-2023)
Table Latin America Spandex Sales Volume (MT) by Types (2018-2023)
Table Latin America Spandex Revenue (Million USD) by Types (2018-2023)
Table Latin America Spandex Sales Volume (MT) by End Users (2018-2023)
Table Latin America Spandex Revenue (Million USD) by End Users (2018-2023)
Table Brazil Spandex Import and Export (MT) (2018-2023)
Figure Brazil Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Brazil Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Mexico Spandex Import and Export (MT) (2018-2023)
Figure Mexico Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Mexico Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Argentina Spandex Import and Export (MT) (2018-2023)
Figure Argentina Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Argentina Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Colombia Spandex Import and Export (MT) (2018-2023)
Figure Colombia Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Colombia Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Middle East & Africa Spandex Sales Volume (MT) by Countries (2018-2023)
Table Middle East & Africa Spandex Revenue (Million USD) by Countries (2018-2023)
Table Middle East & Africa Spandex Sales Volume (MT) by Types (2018-2023)
Table Middle East & Africa Spandex Revenue (Million USD) by Types (2018-2023)
Table Middle East & Africa Spandex Sales Volume (MT) by End Users (2018-2023)
Table Middle East & Africa Spandex Revenue (Million USD) by End Users (2018-2023)
Table Turkey Spandex Import and Export (MT) (2018-2023)
Figure Turkey Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Turkey Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Saudi Arabia Spandex Import and Export (MT) (2018-2023)
Figure Saudi Arabia Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Saudi Arabia Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table South Africa Spandex Import and Export (MT) (2018-2023)
Figure South Africa Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure South Africa Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Egypt Spandex Import and Export (MT) (2018-2023)
Figure Egypt Spandex Sales Volume (MT) and Growth Rate (2018-2023)
Figure Egypt Spandex Revenue (Million USD) and Growth Rate (2018-2023)
Table Global Sales Volume (MT) Forecast of Spandex by Regions (2024-2029)
Table Global Revenue (Million USD) Forecast of Spandex by Regions (2024-2029)
Table Global Sales Volume (MT) Forecast of Spandex by Types (2024-2029)
Table Global Revenue (Million USD) Forecast of Spandex by Types (2024-2029)
Table Global Sales Volume (MT) Forecast of Spandex by End Users (2024-2029)
Table Global Revenue (Million USD) Forecast of Spandex by End Users (2024-2029)
Table Major Raw Materials Suppliers with Contact Information of Spandex
Table Major Equipment Suppliers with Contact Information of Spandex
Table Major Consumers with Contact Information of Spandex
Table Major Suppliers of Spandex with Contact Information
Figure Supply Chain Relationship Analysis of Spandex
Table New Project SWOT Analysis of Spandex
Table Project Appraisal and Financing
Table New Project Construction Period
Table New Project Investment Feasibility Analysis of Spandex
Table Research Programs/Design for This Report
Table Key Data Information from Primary Sources
Table Key Data Information from Secondary Sources
Table Part of Interviewees Record List of Spandex Industry
Table Part of References List of Spandex Industry
Table Units of Measurement List
Table Part of Author Details List of Spandex Industry
HJ Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. At HJ Research, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the Spandex industry. Critical elements of methodology employed for all our studies include:
Secondary Sources:
The research team first works with national bureau of statistics, national customs, market research association, state information center, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Secondary sources are mainly from press releases, company reports and publications, non-profit organizations, industry associations, government publications, economic and demographic data and customs data. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Primary Research:
In the primary research process, for comprehensive understanding of the Spandex market, it is essential to understand the complete value chain and in order to facilitate this, we collect data from Spandex manufacturers, Spandex raw material suppliers, Spandex distributors as well as buyers. The primary sources from the supply side include Spandex manufacturers, opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the Spandex raw materials suppliers and producers, etc. The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users, and related key executives from various key companies and organizations operating in the global market.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered.
Statistical Model and Data Analysis:
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise. Qualitative analysis includes: Spandex industry landscape and trends, Spandex market dynamics and key issues, Spandex technology landscape, market opportunities, porter’s analysis and PESTEL analysis, Spandex competitive landscape and component benchmarking, policy and regulatory scenario. Quantitative analysis includes: Spandex market size and forecast by regions, Spandex market size and forecast by application, Spandex market size and forecast by types, Spandex company market share etc.
Quality Control:
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the HJ Research’s internal quality process.
