The global covered elastic yarn market is valued at US$1,276.0 million in 2025 and is forecast to reach US$1,830.6 million by 2031, a compound annual growth rate (CAGR) of 6.2% over 2025-2031. The report covers elastic yarn made by wrapping an elastane (spandex) core with a textile cover and sold as yarn: single covered, double covered and air covered. Bare elastane filament, fabric and finished garments are excluded.
The report segments the market by three yarn types and five applications across five regions. Double Covered Elastic Yarn is the largest type (42.3% of 2025 value), Sock is the largest application (32.0%), and Asia Pacific is the largest region (63.0%). Type shares, application shares and regional shares are estimates. The report profiles 18 companies and gives no company market shares because none could be verified; only one company discloses a revenue figure.
Scope of the Global Covered Elastic Yarn Market Strategic Research Report
This report covers market value (US$ million) for 2022-2031, with 2025 as the base year and 2026-2031 as the forecast period. It analyses three types, five applications, five regions and country-level markets, and includes company profiles, competitive landscape, Porter's Five Forces, PESTLE, SWOT and future trends. It carries UN Comtrade evidence for covered yarn trade, including flows into Sri Lanka, Egypt and Turkiye, and notes that no customs code isolates covered elastic yarn. The market is carried in value only; no volume series is given.
Segment by Type
Segment by Application
Who Can Use This Report?
1. Executive Summary
1.1.1 Market Definition and Size
1.1.2 Primary Growth Drivers
1.1.3 Segmentation Highlights
1.1.4 Regional and Country Highlights
1.1.5 Competitive Structure
1.1.6 Principal Risks and Restraints
1.1.7 Closing Outlook
2. Industry Overview & Forecast
2.1 Market Definition and Scope
2.2 Market Size and Historical Performance
2.3 Forecast and Growth Logic
2.4 Volume Analysis and the Case for a Value-Only Model
2.5 Value Chain and Pricing Context
3. Market Segmentation by Type
3.1 Overview of the Type Dimension
3.1.1 Double Covered Elastic Yarn
3.1.2 Single Covered Elastic Yarn
3.1.3 Air Covered Elastic Yarn
3.1.4 Comparative Dynamics and Mix Shift Analysis
4. Market Segmentation by Application
4.1 Overview and Structural Context
4.1.1 Sock
4.1.2 Underwear
4.1.3 Swimsuit
4.1.4 Sportswear
4.1.5 Others
4.1.6 Comparative Analysis Across Application Segments
5. Regional Market Forecast
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
6. Country-Level Market Forecast
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Rest of North America
6.2 Europe
6.2.1 Italy
6.2.2 Germany
6.2.3 Spain
6.2.4 France
6.2.5 United Kingdom
6.2.6 Russia
6.2.7 Rest of Europe
6.3 Asia Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Vietnam
6.3.6 Bangladesh
6.3.7 Indonesia
6.3.8 Thailand
6.3.9 Sri Lanka
6.3.10 Australia
6.3.11 Rest of Asia Pacific
6.4 Latin America
6.4.1 Brazil
6.4.2 Mexico
6.4.3 Colombia
6.4.4 Argentina
6.4.5 Peru
6.4.6 Rest of Latin America
6.5 Middle East and Africa
6.5.1 Turkey
6.5.2 Egypt
6.5.3 South Africa
6.5.4 GCC Countries
6.5.5 Israel
6.5.6 Rest of Middle East and Africa
7. Growth Drivers & Inhibitors
7.1 Market Context
7.2 Growth Drivers
7.3 Growth Inhibitors
7.4 Driver and Inhibitor Impact Assessment
7.5 Integrated Assessment
8. Key Company Profiles
8.1 The LYCRA Company
8.1.1 Company Overview
8.1.2 Key Products & Segments
8.1.3 Financial Performance (2023–2025)
8.1.4 Business Strategy
8.1.5 SWOT Analysis
8.1.6 Strategic Implications (2025–2031)
8.2 Fulgar SpA
8.2.1 Company Overview
8.2.2 Key Products & Segments
8.2.3 Financial Performance (2023–2025)
8.2.4 Business Strategy
8.2.5 SWOT Analysis
8.2.6 Strategic Implications (2025–2031)
8.3 Furniweb Group
8.3.1 Company Overview
8.3.2 Key Products & Segments
8.3.3 Financial Performance (2023–2025)
8.3.4 Business Strategy
8.3.5 SWOT Analysis
8.3.6 Strategic Implications (2025–2031)
8.4 Swicofil
8.4.1 Company Overview
8.4.2 Key Products & Segments
8.4.3 Financial Performance (2023–2025)
8.4.4 Business Strategy
8.4.5 SWOT Analysis
8.4.6 Strategic Implications (2025–2031)
8.5 Fein-Elast Grabher AG
8.5.1 Company Overview
8.5.2 Key Products & Segments
8.5.3 Financial Performance (2023–2025)
8.5.4 Business Strategy
8.5.5 SWOT Analysis
8.5.6 Strategic Implications (2025–2031)
8.6 Massebeuf Textiles
8.6.1 Company Overview
8.6.2 Key Products & Segments
8.6.3 Financial Performance (2023–2025)
8.6.4 Business Strategy
8.6.5 SWOT Analysis
8.6.6 Strategic Implications (2025–2031)
8.7 Zhejiang Leinuo Textile Technology
8.7.1 Company Overview
8.7.2 Key Products & Segments
8.7.3 Financial Performance (2023–2025)
8.7.4 Business Strategy
8.7.5 SWOT Analysis
8.7.6 Strategic Implications (2025–2031)
8.8 Nanjing Forever Textile
8.8.1 Company Overview
8.8.2 Key Products & Segments
8.8.3 Financial Performance (2023–2025)
8.8.4 Business Strategy
8.8.5 SWOT Analysis
8.8.6 Strategic Implications (2025–2031)
8.9 Polylion Yarn
8.9.1 Company Overview
8.9.2 Key Products & Segments
8.9.3 Financial Performance (2023–2025)
8.9.4 Business Strategy
8.9.5 SWOT Analysis
8.9.6 Strategic Implications (2025–2031)
8.10 Kayavlon
8.10.1 Company Overview
8.10.2 Key Products & Segments
8.10.3 Financial Performance (2023–2025)
8.10.4 Business Strategy
8.10.5 SWOT Analysis
8.10.6 Strategic Implications (2025–2031)
8.11 Salud Industry
8.11.1 Company Overview
8.11.2 Key Products & Segments
8.11.3 Financial Performance (2023–2025)
8.11.4 Business Strategy
8.11.5 SWOT Analysis
8.11.6 Strategic Implications (2025–2031)
8.12 Herng Fa Industrial
8.12.1 Company Overview
8.12.2 Key Products & Segments
8.12.3 Financial Performance (2023–2025)
8.12.4 Business Strategy
8.12.5 SWOT Analysis
8.12.6 Strategic Implications (2025–2031)
8.13 Kingbird
8.13.1 Company Overview
8.13.2 Key Products & Segments
8.13.3 Financial Performance (2023–2025)
8.13.4 Business Strategy
8.13.5 SWOT Analysis
8.13.6 Strategic Implications (2025–2031)
8.14 ASANO Fibfrs
8.14.1 Company Overview
8.14.2 Key Products & Segments
8.14.3 Financial Performance (2023–2025)
8.14.4 Business Strategy
8.14.5 SWOT Analysis
8.14.6 Strategic Implications (2025–2031)
8.15 McMichael Mills
8.15.1 Company Overview
8.15.2 Key Products & Segments
8.15.3 Financial Performance (2023–2025)
8.15.4 Business Strategy
8.15.5 SWOT Analysis
8.15.6 Strategic Implications (2025–2031)
8.16 PAYEN
8.16.1 Company Overview
8.16.2 Key Products & Segments
8.16.3 Financial Performance (2023–2025)
8.16.4 Business Strategy
8.16.5 SWOT Analysis
8.16.6 Strategic Implications (2025–2031)
8.17 LEGS
8.17.1 Company Overview
8.17.2 Key Products & Segments
8.17.3 Financial Performance (2023–2025)
8.17.4 Business Strategy
8.17.5 SWOT Analysis
8.17.6 Strategic Implications (2025–2031)
8.18 Anadolu Iplik
8.18.1 Company Overview
8.18.2 Key Products & Segments
8.18.3 Financial Performance (2023–2025)
8.18.4 Business Strategy
8.18.5 SWOT Analysis
8.18.6 Strategic Implications (2025–2031)
9. Competitive Landscape
9.1 Competitive Landscape Overview
9.1.1 Structure of the Global Covered Elastic Yarn Industry
9.1.2 Verified Company Reference Table
9.1.3 Why Market Concentration Cannot Be Measured
9.1.4 Competitive Intensity Assessment
9.2 Competitive Intensity Assessment
9.2.1 Competitive Groupings by Strategic Posture
9.2.2 Capacity versus Demand Dynamics
9.2.3 Pricing Environment: Premium, Value, and Commodity Strata
9.2.4 Barriers to Entry and Exit
9.3 Key Player Strategies & Positioning
9.3.1 Strategic Group Map: Three Coherent Clusters
9.3.2 Geographic Strongholds and Trade Flow Implications
9.3.3 Differentiation Strategies
9.3.4 M&A, Partnership, and R&D Activity (2022–Present)
9.4 Competitive Dynamics & Strategic Outlook
9.4.1 Market Structure and Concentration
9.4.2 Competitive Response Matrix: Positioning by Origin and Value Tier
9.4.3 Emerging Competitive Threats
9.4.4 Consolidation vs. Fragmentation Outlook
9.4.5 Strategic Recommendations for the 2026–2031 Period
10. Porter's Five Forces Analysis
10.1 Threat of New Entrants
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Threat of Substitutes
10.5 Competitive Rivalry
11. PESTLE Analysis
11.1 Overview
11.2 Political
11.3 Economic
11.4 Sociocultural
11.5 Technological
11.6 Legal
11.7 Environmental
11.8 PESTLE Summary Table
12. SWOT Analysis
12.1 Global Covered Elastic Yarn Market — Strategic Assessment 2026–2031
12.1.1 Detailed Analysis
12.1.1.1 Strengths
12.1.1.2 Weaknesses
12.1.1.3 Opportunities
12.1.1.4 Threats
12.1.2 Strategic Implications and Priority Actions
13. Future Trends & Outlook
13.1 Overview of the Forward Trajectory
13.2 Trend Analysis
13.2.1 Sustained Premiumisation of Performance Apparel Driving Double Covered Yarn
13.2.2 China's Export Dominance Creating Structural Pricing Tension Across Global Trade
13.2.3 Hosiery and Underwear Segments Providing Volume Stability as the Market's Demand
13.2.4 Air Covered Yarn Gaining Specification Share in Technical and Swimwear Applications
13.2.5 Asia Pacific's Demand Concentration Deepening as Regional Production Ecosystems
13.2.6 Spandex Upstream Capacity Expansion Placing Downward Pressure on Input Costs
13.2.7 Geographic Supply Chain Diversification Reshaping Buyer Sourcing Strategies
13.2.8 Branded Ingredient and Specification-Driven Differentiation Intensifying at the Premium
13.3 Trend Summary Matrix
13.4 Forward Outlook: 2026–2031
List of Exhibits
Exhibit 2.1: Forecast of Global Market YoY Growth Rate & CAGR Summary (in %)
Exhibit 2.2: Forecast of Global Market (in USD Bn)
Exhibit 2.3: Forecast of North America (in USD Bn)
Exhibit 2.4: Forecast of Europe (in USD Bn)
Exhibit 2.5: Forecast of Asia Pacific (in USD Bn)
Exhibit 2.6: Forecast of Latin America (in USD Bn)
Exhibit 2.7: Forecast of Middle East and Africa (in USD Bn)
Exhibit 3.8: Forecast of Single Covered Elastic Yarn (in USD Bn)
Exhibit 3.9: Forecast of Double Covered Elastic Yarn (in USD Bn)
Exhibit 3.10: Forecast of Air Covered Elastic Yarn (in USD Bn)
Exhibit 4.11: Forecast of Sock (in USD Bn)
Exhibit 4.12: Forecast of Underwear (in USD Bn)
Exhibit 4.13: Forecast of Swimsuit (in USD Bn)
Exhibit 4.14: Forecast of Sportswear (in USD Bn)
Exhibit 4.15: Forecast of Others (in USD Bn)
Exhibit 6.16: Forecast of North America (in USD Bn)
Exhibit 6.17: Forecast of United States (in USD Bn)
Exhibit 6.18: Forecast of Canada (in USD Bn)
Exhibit 6.19: Forecast of Rest of North America (in USD Bn)
Exhibit 6.20: Forecast of Europe (in USD Bn)
Exhibit 6.21: Forecast of Italy (in USD Bn)
Exhibit 6.22: Forecast of Germany (in USD Bn)
Exhibit 6.23: Forecast of Spain (in USD Bn)
Exhibit 6.24: Forecast of France (in USD Bn)
Exhibit 6.25: Forecast of United Kingdom (in USD Bn)
Exhibit 6.26: Forecast of Russia (in USD Bn)
Exhibit 6.27: Forecast of Rest of Europe (in USD Bn)
Exhibit 6.28: Forecast of Asia Pacific (in USD Bn)
Exhibit 6.29: Forecast of China (in USD Bn)
Exhibit 6.30: Forecast of India (in USD Bn)
Exhibit 6.31: Forecast of Japan (in USD Bn)
Exhibit 6.32: Forecast of South Korea (in USD Bn)
Exhibit 6.33: Forecast of Vietnam (in USD Bn)
Exhibit 6.34: Forecast of Bangladesh (in USD Bn)
Exhibit 6.35: Forecast of Indonesia (in USD Bn)
Exhibit 6.36: Forecast of Thailand (in USD Bn)
Exhibit 6.37: Forecast of Sri Lanka (in USD Bn)
Exhibit 6.38: Forecast of Australia (in USD Bn)
Exhibit 6.39: Forecast of Rest of Asia Pacific (in USD Bn)
Exhibit 6.40: Forecast of Latin America (in USD Bn)
Exhibit 6.41: Forecast of Brazil (in USD Bn)
Exhibit 6.42: Forecast of Mexico (in USD Bn)
Exhibit 6.43: Forecast of Colombia (in USD Bn)
Exhibit 6.44: Forecast of Argentina (in USD Bn)
Exhibit 6.45: Forecast of Peru (in USD Bn)
Exhibit 6.46: Forecast of Rest of Latin America (in USD Bn)
Exhibit 6.47: Forecast of Middle East and Africa (in USD Bn)
Exhibit 6.48: Forecast of Turkey (in USD Bn)
Exhibit 6.49: Forecast of Egypt (in USD Bn)
Exhibit 6.50: Forecast of South Africa (in USD Bn)
Exhibit 6.51: Forecast of GCC Countries (in USD Bn)
Exhibit 6.52: Forecast of Israel (in USD Bn)
Exhibit 6.53: Forecast of Rest of Middle East and Africa (in USD Bn)
*If Applicable.
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