Hemp Yarn Market Demands and opportunities, Industry Analysis by top key players, global trends and growth, Forecast 2019 – 2026
Hemp, or industrial hemp, is a strain of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. Hemp is has a similar texture to cotton, but it also feels somewhat like canvas. Hemp fabric is not susceptible to shrinkage, and it is highly resistant to pilling. Hemp is one of the strongest and most durable. It is easily blended with other fibers to produce a hemp-hybrid material. Hemp is easily grown in most regions of the world. A temperate or tropical climate is ideal. Hemp is naturally resistant to many insect species and requires very little water, making it easy to care for and cheap to cultivate.
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The global hemp yarn market was valued at USD XX million in 2019 and is expected to grow at a CAGR of XX% between 2019 and 2026. Rapidly growing textile industry is one of the major factor which is expected to drive the demand of hemp yarn during the forecast period. On contrary, some regulations regarding hemp cultivation can restrain the market.
The global hemp yarn market is segmented on the basis of type into synthetic hemp yarn and natural hemp yarn. On the basis of end use industry, the market is segmented into textiles, and others. The market is segmented on the basis of region into North America, Europe, Asia Pacific, Middle East & Africa and South America.
The global hemp yarn market is segmented on the basis of type, end use industry and region, with focus on manufacturers in North America, Europe, Asia Pacific, Middle East & Africa and South America.
On the basis of type, the market is split into
* Synthetic Hemp Yarn
* Natural Hemp Yarn
On the basis of end use industry, the market is split into
* Textiles
* Others
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Key players profiled in the report includes:
1. Berroco
2. Classic Elite Yarns
3. Fibra Natura
4. HiKoo
5. Lana Grossa
6. Louet
Moreover, the market is classified based on regions and countries as follows:
* North America- U.S., Canada, Mexico
* Europe- Germany, France, UK, Spain, Italy
* Asia-Pacific- China, Japan, India, South Korea
* South America- Brazil, Argentina
* Middle East & Africa- Saudi Arabia, UAE, South Africa
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These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe
Key Benefits of the Report:
* Global, and regional, type & end use industry market size and their forecast from 2019-2026
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing the growth of the market
* Detailed analysis on industry outlook with market specific PEST analysis, and Supply Chain to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on key player’s strategic initiatives and competitive developments, such as agreements & joint ventures, mergers & acquisitions, expansion, and new product launches in the market
* Expert interviews and their insights on market trends, market shift, current and future outlook, and factors impacting vendors’ short term & long term strategies
* Detailed insights on emerging regions, type and end use industry with qualitative and quantitative information and facts
Target Audience:
* Hemp Yarn Equipment & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data Chemical, referring to verified data sources, such as, white papers, government & regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, application trends & dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
TABLE OF CONTENT
1. Executive Summary
2. Introduction
3. Research Methodology
4. Global Hemp Yarn Market Overview
5. Global Hemp Yarn Market by Type
6. Global Hemp Yarn Market by End Use Industry
7. Global Hemp Yarn Market by Region
8. North America Hemp Yarn Market
9. Europe Hemp Yarn Market
10. Asia Pacific Hemp Yarn Market
11. South America Hemp Yarn Market
12. Middle East & Africa Hemp Yarn Market
13. Competitive Landscape
14. Company Profiles
15. Hemp Yarn Manufacturing Cost Analysis
16. Key Insights
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