NAICS 313111 - Yarn Spinning Mills
This U.S. industry comprises establishments primarily engaged in spinning yarn from any fiber and/or producing hemp yarn and further processing into rope or bags.
Industry trends:
Recent trends in the Yarn Spinning Mills industry (NAICS 313111) indicate a growing emphasis on sustainability and eco-friendly practices. Many mills are adopting greener technologies and processes, such as recycling waste fibers and using organic and renewable materials. This shift is driven by increasing consumer demand for environmentally responsible products and stringent regulations regarding environmental impact.
Another significant trend is the integration of advanced technology, including automation and artificial intelligence, to improve efficiency and reduce costs. Enhanced data analytics and IoT (Internet of Things) devices are allowing mills to monitor and manage operations in real-time, optimizing production and minimizing downtime.
Customization and flexibility in production are becoming more prevalent, as companies strive to meet specific customer needs and produce smaller, more specialized batches. This trend is facilitated by advancements in machinery that can quickly switch between different types of yarn.
In terms of forecasts, experts predict continued growth in demand for sustainable and innovative yarn products. The industry is likely to see heightened competition and consolidation, with larger companies absorbing smaller ones to leverage economies of scale and expand their technological capabilities. Furthermore, fluctuations in raw material prices and supply chain disruptions could pose challenges, but companies that invest in resilience and adaptability are expected to thrive.
This industry is comprised of:
Acetate spun yarns made from purchased fiber
Acrylic spun yarns made from purchased fiber
Bags, hemp, made from purchased fiber
Carded yarn manufacturing
Carpet and rug yarn spinning
Cotton cordage spun yarns made from purchased fiber
Cotton spun yarns made from purchased fiber
Crochet spun yarns (e.g., cotton, manmade fiber, silk, wool) made from purchased fiber
Embroidery spun yarns (e.g., cotton, manmade fiber, silk, wool) made from purchased fiber
Flax spun yarns made from purchased fiber
Hard fiber spun yarns made from purchased fiber
Hemp bags made from purchased fiber
Hemp ropes made from purchased fiber
Hemp spun yarns made from purchased fiber
Knitting spun yarns (e.g., cotton, manmade fiber, silk, wool) made from purchased fiber
Manmade staple spun yarns made from purchased fiber
Modacrylic spun yarns made from purchased fiber
Natural fiber spun yarns (i.e., hemp, jute, ramie, flax) made from purchased fiber
Nylon spun yarns made from purchased fiber
Paper yarn manufacturing
Polyester spun yarns made from purchased fiber
Polypropylene spun yarns made from purchased fiber
Ramie spun yarns made from purchased fiber
Rayon spun yarns made from purchased fiber
Ropes, hemp, made from purchased fiber
Silk spun yarns made from purchased fiber
Spinning carpet and rug yarn from purchased fiber
Spinning yarn from purchased fiber
Wool spun yarn made from purchased fiber
Yarn spinning mills
Yarn spun from purchased fiber
Yarn, carpet and rug, spun from purchased fiber
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