The sales of Rayon, Acetate, and Lyocell spun yarns in the US are projected to increase steadily from 2024 through 2028. Starting at 148.85 million USD in 2024, the market is expected to grow each year, reaching 170.06 million USD by 2028. Given that the value for 2023 was not provided, comparisons are based solely on forecasted data starting from 2024. The Compound Annual Growth Rate (CAGR) for these five years reflects a consistent growth trend.
Future trends to watch for:
- Emergent eco-friendly production methods and materials could drive increased demand.
- Innovation in textile technology and consumer preference for sustainable products may further bolster growth.
- Market disruptions, such as supply chain issues or economic downturns, could impact this forecast.