×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

APAC Spandex Market

ID: MRFR/CnM/46438-HCR
200 Pages
Chitranshi Jaiswal
October 2025

APAC Spandex Market Research Report By Production Process (Solution Dry-Spinning Process, Solution Wet-Spinning Process, Others), By Type (Four-way stretch type, Two-way stretch Type), By Application (Technical textiles, Home Textiles, Medical Textiles, Apparels) andBy Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

APAC Spandex Market Infographic
Purchase Options

APAC Spandex Market Summary

As per MRFR analysis, the spandex market Size was estimated at 2500.0 USD Million in 2024. The spandex market is projected to grow from 2707.0 USD Million in 2025 to 6000.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.28% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The APAC spandex market is experiencing robust growth driven by evolving consumer preferences and technological advancements.

  • Sustainable production practices are increasingly influencing the spandex market in APAC, particularly in China.
  • Technological innovations in fabric development are enhancing the performance and appeal of spandex products across the region.
  • The rising demand for athleisure wear is notably strong in India, reflecting a shift in consumer lifestyle choices.
  • Key market drivers include the growing fitness culture and the expansion of e-commerce platforms, which are facilitating access to spandex products.

Market Size & Forecast

2024 Market Size 2500.0 (USD Million)
2035 Market Size 6000.0 (USD Million)
CAGR (2025 - 2035) 8.28%

Major Players

Invista (US), Lycra (US), Asahi Kasei (JP), Teijin Limited (JP), Hyosung (KR), Zhejiang Huafon Spandex (CN), Shandong Ruyi Technology Group (CN), Ningbo Huamao (CN)

APAC Spandex Market Trends

The spandex market in the APAC region is currently experiencing notable growth, driven by increasing demand across various sectors such as apparel, activewear, and medical textiles. The rise in health consciousness among consumers has led to a surge in the popularity of fitness-related clothing, which often incorporates spandex for its elasticity and comfort. Additionally, the fashion industry is evolving, with designers increasingly favoring materials that offer both style and functionality. This trend appears to be fostering innovation in fabric technology, resulting in enhanced performance characteristics of spandex products. Moreover, the APAC region benefits from a robust manufacturing base, with several countries investing in advanced production techniques. This investment is likely to improve the quality and sustainability of spandex materials, aligning with the growing consumer preference for eco-friendly products. Furthermore, trade agreements within the region may facilitate easier access to raw materials and finished goods, potentially boosting market dynamics. As the spandex market continues to evolve, it seems poised for further expansion, driven by both consumer trends and technological advancements.

Sustainable Production Practices

There is a growing emphasis on sustainability within the spandex market, particularly in the APAC region. Manufacturers are increasingly adopting eco-friendly practices, such as using recycled materials and reducing waste during production. This shift aligns with consumer preferences for environmentally responsible products, potentially enhancing brand loyalty and market share.

Technological Innovations in Fabric Development

Advancements in textile technology are significantly influencing the spandex market. Innovations such as moisture-wicking properties and enhanced durability are becoming more prevalent. These developments cater to the rising demand for high-performance fabrics, particularly in activewear and sports apparel, which may drive further growth in the sector.

Rising Demand for Athleisure Wear

The trend towards athleisure wear is reshaping the spandex market landscape. As consumers increasingly seek versatile clothing that can transition from workout to casual settings, the demand for spandex-infused garments is likely to rise. This trend reflects broader lifestyle changes and may encourage brands to expand their offerings in this category.

APAC Spandex Market Drivers

Growing Fitness Culture

The increasing emphasis on health and fitness in APAC is driving the spandex market. As more individuals engage in physical activities, the demand for activewear, which prominently features spandex, is on the rise. This trend is particularly evident in countries like China and India, where fitness centers and outdoor activities are becoming more popular. The spandex market is likely to benefit from this cultural shift, as consumers seek comfortable and flexible clothing for workouts. Market data indicates that the activewear segment is projected to grow at a CAGR of approximately 8% over the next five years, further solidifying the role of spandex in this sector.

Rising Disposable Incomes

As disposable incomes rise across APAC, consumers are increasingly willing to spend on high-quality apparel, including spandex-based products. This trend is particularly noticeable in emerging economies such as Vietnam and Indonesia, where a growing middle class is driving demand for premium activewear and athleisure. The spandex market stands to gain from this economic shift, as consumers prioritize comfort and performance in their clothing choices. Market analysis suggests that the premium segment of the apparel market is expected to grow by 10% annually, indicating a robust opportunity for spandex manufacturers to cater to this affluent consumer base.

Expansion of E-commerce Platforms

The rapid growth of e-commerce in APAC is significantly impacting the spandex market. Online shopping provides consumers with access to a wider variety of spandex products, including niche and specialized items that may not be available in physical stores. This trend is particularly pronounced in urban areas, where consumers are increasingly turning to online platforms for convenience. The spandex market is likely to see a surge in sales as e-commerce continues to expand, with projections suggesting that online retail sales in the apparel sector could reach $300 billion by 2026 in APAC. This shift not only enhances consumer choice but also encourages brands to innovate and diversify their offerings.

Innovations in Sustainable Materials

The spandex market is witnessing a shift towards sustainable materials, driven by increasing consumer awareness regarding environmental issues. Manufacturers are exploring eco-friendly alternatives to traditional spandex, such as recycled fibers and biodegradable options. This trend is particularly relevant in APAC, where governments are implementing stricter regulations on textile waste and pollution. As brands adopt sustainable practices, they are likely to attract environmentally conscious consumers, thereby enhancing their market position. The market for sustainable textiles is projected to grow at a CAGR of 9% in the region, indicating a significant opportunity for spandex producers to innovate and align with these evolving consumer preferences.

Technological Advancements in Manufacturing

Technological advancements in manufacturing processes are transforming the spandex market in APAC. Innovations such as 3D knitting and automated production techniques are enhancing efficiency and reducing costs for manufacturers. These advancements allow for greater customization and faster turnaround times, which are crucial in meeting the dynamic demands of consumers. As brands strive to differentiate themselves in a competitive landscape, the ability to produce high-quality, innovative spandex products will be paramount. Market forecasts suggest that the adoption of advanced manufacturing technologies could lead to a 15% reduction in production costs, thereby enabling companies to offer more competitive pricing and expand their market reach.

Market Segment Insights

By Production Process: Solution Dry-Spinning (Largest) vs. Solution Wet-Spinning (Fastest-Growing)

In the APAC spandex market, the distribution of production processes reveals that the Solution Dry-Spinning Process holds the largest market share, showcasing its dominance in manufacturing flexibility and application suitability. This process has become a preferred choice among manufacturers due to its efficiency and capacity to produce high-quality fibers, leading to increased adoption across various industries. Conversely, the Solution Wet-Spinning Process, although currently a smaller segment, is rapidly gaining traction, driven by advancements in technology and growing demand for environmentally friendly production methods. The growth trends in the production processes indicate a shifting preference towards sustainable manufacturing practices, particularly the Solution Wet-Spinning Process, which is recognized for its lower environmental impact. This shift is supported by regulatory changes favoring eco-sensitive practices, incentivizing manufacturers to innovate and adapt. Moreover, with the increasing demand for spandex in activewear and athleisure markets, both processes are expected to see continued expansion as they cater to varying consumer preferences and market dynamics.

Solution Dry-Spinning (Dominant) vs. Solution Wet-Spinning (Emerging)

The Solution Dry-Spinning Process is established as the dominant method in the production of spandex, primarily due to its ability to produce fibers that offer excellent stretch and recovery properties, essential for applications in clothing and industrial textiles. This method ensures a consistent quality of spandex, which appeals to manufacturers aiming at high-performance products. In contrast, the Solution Wet-Spinning Process is emerging as a significant alternative, appealing to environmentally conscious brands. As this method becomes more refined, it promises to reduce waste and enhance the sustainability of fiber production. The growing consumer inclination towards sustainable choices is likely to propel the adoption of the Solution Wet-Spinning Process in the upcoming years, making it a noteworthy consideration for future market strategies.

By Type: Four-way stretch (Largest) vs. Two-way stretch (Fastest-Growing)

In the APAC spandex market, the four-way stretch type currently holds the largest market share, favored for its versatility and comfort across various applications in apparel, athletic wear, and shapewear. Meanwhile, the two-way stretch type is gaining traction, appealing particularly to consumers seeking enhanced fit and comfort features in everyday clothing. The growth of the two-way stretch segment is driven by the increasing demand for flexible and comfortable clothing solutions. As lifestyle preferences shift towards casual and active wear, this segment is expected to expand rapidly. Innovation in fabric technology and rising awareness of the benefits of stretch fabrics are further propelling the growth of the two-way stretch type in the market.

Four-way stretch (Dominant) vs. Two-way stretch (Emerging)

The four-way stretch type is characterized by its ability to stretch both horizontally and vertically, providing unparalleled flexibility and comfort, which is crucial for performance-oriented apparel. As a dominant segment in the APAC spandex market, it is widely used in high-performance sportswear due to its excellent recovery properties and durability. On the other hand, the two-way stretch type, while emerging, offers essential comfort and ease of movement, making it particularly popular in everyday wear. This segment is rapidly evolving, driven by consumer trends toward athleisure and sustainable fabric innovations, and is expected to capture a more significant market share as manufacturers invest in enhancing its features.

By Application Industry: Apparels (Largest) vs. Technical Textiles (Fastest-Growing)

In the APAC spandex market, the distribution of market share across the application industry reveals that Apparels are the largest segment, significantly dominating the overall consumption of spandex. Following this, Technical Textiles are emerging as a noteworthy segment, gaining traction in various industrial applications due to their enhanced properties and functionality.

Apparels: Dominant vs. Technical Textiles: Emerging

The Apparels segment is characterized by its vast range of applications, from casual wear to performance sports clothing, driving substantial demand for spandex due to its stretchability and comfort. In contrast, the Technical Textiles segment is experiencing rapid growth, propelled by advancements in technology and increased use in sectors such as construction, automotive, and protective clothing. This segment is noted for its innovative materials that meet specific performance criteria, making it increasingly attractive for manufacturers looking to differentiate their products.

Get more detailed insights about APAC Spandex Market

Regional Insights

China : Unmatched Growth and Demand Trends

China holds a commanding market share of 47.5% in the APAC spandex market, valued at $950.0 million. Key growth drivers include a booming textile industry, increasing demand for activewear, and government initiatives promoting sustainable manufacturing. Regulatory policies favoring eco-friendly production methods are also shaping consumption patterns. Infrastructure development, particularly in textile hubs like Zhejiang and Jiangsu, supports industrial growth and enhances supply chain efficiency.

India : Strong Demand from Fashion Industry

India accounts for 30% of the APAC spandex market, valued at $600.0 million. The growth is fueled by rising disposable incomes, urbanization, and a shift towards athleisure wear. Government initiatives like the Make in India program are boosting local manufacturing. The demand for spandex in activewear and swimwear is particularly strong, reflecting changing consumer preferences and lifestyle choices.

Japan : Focus on Quality and Technology

Japan holds a 20% share of the APAC spandex market, valued at $400.0 million. The market is driven by technological advancements in textile manufacturing and a strong emphasis on quality. Regulatory frameworks support innovation, particularly in sustainable materials. The demand for high-performance fabrics in sectors like sportswear and medical textiles is on the rise, reflecting Japan's focus on quality and functionality.

South Korea : Fashion-Forward Consumer Trends

South Korea represents 15% of the APAC spandex market, valued at $300.0 million. The growth is driven by a vibrant fashion industry and increasing consumer interest in fitness and wellness. Government policies promoting textile innovation and sustainability are enhancing market dynamics. Key cities like Seoul and Busan are central to spandex consumption, with a focus on high-quality, trendy activewear.

Malaysia : Strategic Location for Manufacturing

Malaysia captures 7.5% of the APAC spandex market, valued at $150.0 million. The market is growing due to its strategic location for manufacturing and export. Government initiatives to attract foreign investment in textiles are boosting local production. Demand for spandex in sportswear and casual clothing is increasing, driven by changing consumer lifestyles and preferences.

Thailand : Cultural Shift Towards Activewear

Thailand holds a 10% share of the APAC spandex market, valued at $200.0 million. The growth is attributed to a cultural shift towards fitness and active lifestyles. Government support for the textile industry and investments in infrastructure are enhancing market conditions. Key cities like Bangkok are witnessing increased demand for spandex in both fashion and functional apparel.

Indonesia : Youthful Demographics Driving Growth

Indonesia accounts for 7.5% of the APAC spandex market, valued at $150.0 million. The youthful population and rising middle class are key growth drivers. Government initiatives to improve textile manufacturing capabilities are also significant. The demand for spandex in casual and activewear is growing, reflecting changing consumer habits and preferences in urban areas like Jakarta.

Rest of APAC : Diverse Applications and Opportunities

The Rest of APAC holds a small share of 2.5%, valued at $50.0 million. This segment includes various smaller markets with unique demands. Growth is driven by niche applications in specialized textiles and local manufacturing initiatives. Regulatory support for sustainable practices is also emerging. Countries like Vietnam and the Philippines are beginning to show potential in spandex consumption, particularly in activewear and fashion sectors.

APAC Spandex Market Regional Image

Key Players and Competitive Insights

The spandex market exhibits a dynamic competitive landscape characterized by rapid innovation and strategic maneuvering among key players. Major companies such as Invista (US), Asahi Kasei (JP), and Hyosung (KR) are at the forefront, each leveraging unique strategies to enhance their market positioning. Invista (US) focuses on sustainability and product innovation, aiming to reduce environmental impact while enhancing performance characteristics of its spandex offerings. Asahi Kasei (JP) emphasizes technological advancements in fiber production, which allows for superior elasticity and durability, thereby appealing to high-end apparel manufacturers. Hyosung (KR) is actively pursuing regional expansion, particularly in emerging markets, to capitalize on the growing demand for spandex in activewear and athleisure segments. Collectively, these strategies contribute to a competitive environment that is increasingly driven by innovation and sustainability.

The business tactics employed by these companies reflect a nuanced understanding of market demands. Localizing manufacturing has become a prevalent strategy, enabling firms to reduce lead times and enhance supply chain efficiency. The spandex market appears moderately fragmented, with a mix of established players and emerging competitors. This structure allows for a diverse range of products and innovations, although the influence of key players remains substantial, shaping market trends and consumer preferences.

In October 2025, Invista (US) announced a partnership with a leading textile manufacturer to develop a new line of eco-friendly spandex fibers. This collaboration is significant as it aligns with the growing consumer demand for sustainable products, potentially positioning Invista as a leader in the eco-conscious segment of the market. The strategic importance of this move lies in its ability to enhance brand reputation while tapping into a lucrative market niche.

In September 2025, Asahi Kasei (JP) unveiled a new production facility in Vietnam, aimed at increasing its output of high-performance spandex. This expansion is crucial as it not only boosts production capacity but also allows Asahi Kasei to better serve the rapidly growing Southeast Asian market. The strategic implications of this facility include improved supply chain responsiveness and a stronger foothold in a region that is becoming increasingly important for textile manufacturing.

In August 2025, Hyosung (KR) launched a digital platform to streamline its supply chain operations, integrating AI technologies to enhance forecasting and inventory management. This initiative is indicative of a broader trend towards digitalization within the industry, suggesting that Hyosung is positioning itself to leverage technology for operational efficiency. The strategic importance of this move lies in its potential to reduce costs and improve service levels, thereby enhancing competitive differentiation.

As of November 2025, the spandex market is witnessing trends that emphasize digitalization, sustainability, and technological integration. Strategic alliances are increasingly shaping the competitive landscape, allowing companies to pool resources and expertise to drive innovation. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift may redefine market dynamics, compelling companies to invest in R&D and sustainable practices to maintain their competitive edge.

Key Companies in the APAC Spandex Market market include

Industry Developments

The APAC Spandex Market has recently seen various developments, with a notable emphasis on sustainable practices. Companies like Invista and Teijin Limited are focusing on eco-friendly production methods to cater to the rising consumer demand for sustainable textiles. In September 2023, Hyosung announced an expansion of its manufacturing capabilities in Vietnam, aiming to boost production to meet growing demand from the activewear sector. Additionally, Zhejiang Huafon reported a significant growth in its market valuation due to increased investments in Research and Development, enhancing its technology in spandex fiber manufacturing.

Recent mergers and acquisitions have also shaped the landscape, with Ningbo Dezhou acquiring a minority stake in a digital textile startup in August 2023. Moreover, Toray Industries partnered with Myung Shin Industry in July 2022 to enhance its product offerings in the spandex segment. The APAC Spandex Market continues to evolve, integrating innovation and sustainability to meet regional demands, a trend that has been prevalent over the past few years, highlighted by the increased market valuation of key players like DuPont and Lycra in response to these shifts.

Future Outlook

APAC Spandex Market Future Outlook

The spandex market is projected to grow at an 8.28% CAGR from 2024 to 2035, driven by rising demand in activewear, advancements in textile technology, and sustainability initiatives.

New opportunities lie in:

  • Expansion of eco-friendly spandex production methods to capture environmentally conscious consumers.
  • Development of smart textiles incorporating spandex for enhanced functionality in sportswear.
  • Strategic partnerships with fitness brands to create co-branded spandex apparel lines.

By 2035, the spandex market is expected to achieve robust growth, driven by innovation and strategic collaborations.

Market Segmentation

APAC Spandex Market Type Outlook

  • Four-way stretch type
  • Two-way stretch Type

APAC Spandex Market Production Process Outlook

  • Solution Dry-Spinning Process
  • Solution Wet-Spinning Process
  • Others

APAC Spandex Market Application Industry Outlook

  • Technical textiles
  • Home Textiles
  • Medical Textiles
  • Apparels

Report Scope

MARKET SIZE 20242500.0(USD Million)
MARKET SIZE 20252707.0(USD Million)
MARKET SIZE 20356000.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.28% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Invista (US)", "Lycra (US)", "Asahi Kasei (JP)", "Teijin Limited (JP)", "Hyosung (KR)", "Zhejiang Huafon Spandex (CN)", "Shandong Ruyi Technology Group (CN)", "Ningbo Huamao (CN)"]
Segments CoveredProduction Process, Type, Application Industry
Key Market OpportunitiesGrowing demand for sustainable spandex alternatives driven by eco-conscious consumer behavior in the spandex market.
Key Market DynamicsRising demand for sustainable textiles drives innovation and competition in the spandex market across APAC.
Countries CoveredChina, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC

Leave a Comment

FAQs

What is the overall market size of the APAC Spandex Market in 2024?

In 2024, the APAC Spandex Market is expected to be valued at 2.45 billion USD.

What will the APAC Spandex Market be valued at by 2035?

By 2035, the APAC Spandex Market is projected to reach a value of 6.51 billion USD.

What is the expected CAGR for the APAC Spandex Market from 2025 to 2035?

The expected CAGR for the APAC Spandex Market from 2025 to 2035 is 9.284%.

Which region is expected to dominate the APAC Spandex Market in 2024?

China is expected to dominate the APAC Spandex Market with a valuation of 1.15 billion USD in 2024.

What will be the market size of the Solution Dry-Spinning Process in 2035?

The Solution Dry-Spinning Process segment is expected to be valued at 2.26 billion USD in 2035.

Who are the key players in the APAC Spandex Market?

Major players in the APAC Spandex Market include Invista, Shinkong Synthetic Fibers, and Toray Industries among others.

What is the market value of the Solution Wet-Spinning Process in 2024?

The Solution Wet-Spinning Process is valued at 1.2 billion USD in 2024.

How will the market size for India change from 2024 to 2035?

India's market size is expected to grow from 0.7 billion USD in 2024 to 1.85 billion USD in 2035.

What challenges does the APAC Spandex Market currently face?

The APAC Spandex Market faces challenges such as supply chain disruptions and fluctuating raw material prices.

What are the projected values for the APAC Spandex Market in South Korea by 2035?

The market value for South Korea is projected to be 0.44 billion USD by 2035.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions