NAICS 313112 - Yarn Texturizing, Throwing, and Twisting Mills
This U.S. industry comprises establishments primarily engaged in texturizing, throwing, twisting, spooling, or winding purchased yarns or manmade fiber filaments.
Industry trends:
The Yarn Texturizing, Throwing, and Twisting Mills industry (NAICS 313112) is experiencing significant qualitative trends influenced by technological advancements and shifting consumer preferences. One key trend is the increasing adoption of sustainable and eco-friendly practices. Consumers and brands alike are demanding more environmentally friendly products, prompting mills to integrate recycled materials and to adopt energy-efficient processes.
Digital transformation is another critical trend. The incorporation of advanced technologies such as AI, IoT, and automation is optimizing production processes, improving quality control, and reducing operational costs. These tech integrations also enable mills to quickly respond to changing market demands and customize textiles more efficiently.
Consumer preference for high-performance and innovative textiles is driving innovation. There's a growing demand for functional yarns with attributes such as moisture-wicking, antimicrobial properties, and enhanced durability. This trend is particularly pronounced in the activewear and athleisure segments, which continue to grow rapidly.
Looking ahead, the industry is expected to continue its shift towards sustainability and digital innovation. Forecasts indicate a steady increase in demand for eco-friendly and high-performance yarns. Additionally, as global supply chains become more complex, resilience and adaptability will be key, with more mills likely to digitalize and automate their operations to remain competitive in a rapidly evolving market.
This industry is comprised of:
Acrylic and modacrylic filament yarn throwing, twisting, texturizing, or winding purchased yarn
Animal fiber yarn twisting or winding of purchased yarn
Beaming yarn
Mohair yarn twisting or winding of purchased yarn
Nylon yarn twisting or winding of purchased yarn
Polyester filament yarn throwing, twisting, texturizing, or winding of purchased yarn
Polypropylene filament yarn throwing, twisting, texturizing, or winding of puchased yarn
Rayon yarn throwing, twisting, texturizing, or winding purchased filament
Silk throwing, spooling, twisting, or winding of puchased yarn
Spooling of yarn
Spooling of yarns for the trade
Texturizing purchased yarn
Throwing purchased yarn
Winding purchased yarn
Winding, spooling, beaming and rewinding of purchased yarn
Wool yarn, twisting or winding of purchased yarn
Yarn throwing, twisting, and winding of purchased yarn
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.