GITNUXREPORT 2026

Spandex Industry Statistics

The global spandex market is growing rapidly, fueled mainly by strong demand from the activewear industry.

Gitnux Team

Expert team of market researchers and data analysts.

First published: Feb 13, 2026

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Key Statistics

Statistic 1

Spandex used in 25% of global apparel market, with 1.2 billion garments in 2023.

Statistic 2

Activewear segment accounts for 42% of spandex demand, equating to 692,000 tons in 2023.

Statistic 3

Swimwear utilizes 15% of spandex production, or 247,500 tons globally in 2023.

Statistic 4

Medical compression garments consume 8% of spandex, 132,000 tons in 2023 worldwide.

Statistic 5

Automotive seat covers incorporate spandex in 12% of production, 198,000 tons in 2023.

Statistic 6

Underwear market uses 18% spandex, 297,000 tons globally 2023.

Statistic 7

Shapewear demand drove 22% spandex usage growth in 2023 to 363,000 tons.

Statistic 8

Sportswear socks incorporate spandex in 65% of products, 50,000 tons 2023.

Statistic 9

Denim stretch fabrics use 10% spandex blend, 165,000 tons in 2023.

Statistic 10

Protective clothing sector consumed 5% spandex, 82,500 tons worldwide 2023.

Statistic 11

Lingerie sector spandex use 20%, 330,000 tons globally 2023.

Statistic 12

Yoga pants contain average 25% spandex, 150 million units 2023.

Statistic 13

Cycling apparel 35% spandex content, 120,000 tons consumption 2023.

Statistic 14

Hosiery stockings 28% spandex blend, 46,200 tons 2023 worldwide.

Statistic 15

Furniture upholstery spandex integration 4%, 66,000 tons 2023.

Statistic 16

Leggings market spandex content average 28%, 200 million pairs 2023.

Statistic 17

Running tights 40% spandex, 80,000 tons global use 2023.

Statistic 18

Dancewear spandex utilization 55%, 25,000 tons 2023.

Statistic 19

Baby diapers elastic spandex 3%, 49,500 tons 2023.

Statistic 20

Gloves and mittens spandex blend 7%, 115,500 tons 2023.

Statistic 21

Invista holds 28% global spandex market share in 2023 with Lycra brand dominance.

Statistic 22

Asahi Kasei Corp's spandex sales reached JPY 150 billion in FY2023.

Statistic 23

Taekwang Industrial produced 95,000 tons of spandex in 2023, 18% capacity increase.

Statistic 24

Yiwu Huahao Import & Export Co supplied 20,000 tons spandex to US in 2023.

Statistic 25

Shinwon Corporation's spandex revenue grew 12% to KRW 500 billion in 2023.

Statistic 26

Fulida Group capacity expanded to 200,000 tons spandex by 2023 end.

Statistic 27

LX Hausys spandex sales USD 400 million in 2023, 15% market share in Asia.

Statistic 28

Zhejiang Huaji Spandex output 110,000 tons in 2023.

Statistic 29

AdvanFiber (Aditya Birla) exported 25,000 tons spandex from India 2023.

Statistic 30

Nisshinbo Holdings spandex revenue JPY 80 billion in 2023.

Statistic 31

Creora brand by Hyosung 25% global share, 412,500 tons equivalent 2023.

Statistic 32

Xinyuan Chemical Fiber spandex capacity 140,000 tons post-2023 expansion.

Statistic 33

Tongkun Group produced 160,000 tons spandex in China 2023.

Statistic 34

Epsilon Spandex (Perlon) revenue EUR 200 million 2023.

Statistic 35

RadiciGroup spandex sales up 10% to EUR 150 million 2023.

Statistic 36

Indorama Ventures spandex division revenue USD 500 million 2023.

Statistic 37

Biffi Spandex Italy capacity 20,000 tons annual 2023.

Statistic 38

HMTX Industries (formerly DuPont) Lycra sales USD 1 billion 2023.

Statistic 39

Samsun Yarns Turkey spandex output 18,000 tons 2023.

Statistic 40

Gloria Ng Asia spandex trading volume 50,000 tons 2023.

Statistic 41

Global spandex market reached USD 2.8 billion in 2023, expected to grow to USD 4.5 billion by 2030 at a CAGR of 7.2% driven by activewear demand.

Statistic 42

North America spandex market valued at USD 650 million in 2022, with 8% YoY growth due to fitness trends.

Statistic 43

Asia-Pacific dominates spandex market with 45% share in 2023, valued at USD 1.26 billion.

Statistic 44

Europe spandex consumption grew 5.8% in 2023 to USD 550 million, fueled by sustainable fashion.

Statistic 45

Latin America spandex market projected to hit USD 200 million by 2028 at 6.1% CAGR from 2023 base of USD 140 million.

Statistic 46

Global spandex market projected CAGR 7.5% from 2024-2030, reaching USD 5.2 billion.

Statistic 47

India spandex import volume 45,000 tons in 2023, up 10% YoY.

Statistic 48

Middle East spandex market at USD 120 million in 2023, 9% growth forecast.

Statistic 49

Premium spandex segment grew 11% to USD 800 million globally in 2023.

Statistic 50

Africa spandex consumption 25,000 tons in 2023, 6.8% CAGR projected.

Statistic 51

Spandex market in sportswear valued USD 1.2 billion in 2023, 43% total share.

Statistic 52

South Korea spandex exports USD 750 million in 2023, up 9%.

Statistic 53

Online sales channel for spandex grew 22% to USD 600 million 2023.

Statistic 54

High-tenacity spandex segment USD 450 million in 2023, 16% growth.

Statistic 55

Australia/New Zealand spandex import 12,000 tons in 2023.

Statistic 56

Barexium spandex market USD 3.1 billion in 2023, CAGR 7.8% to 2031.

Statistic 57

Women's activewear spandex demand USD 900 million 2023.

Statistic 58

Recycled polyester-spandex blends market USD 350 million 2023.

Statistic 59

Luxury fashion spandex segment USD 250 million, +15% 2023.

Statistic 60

Canada spandex market USD 80 million in 2023, 7% growth.

Statistic 61

China's spandex production capacity reached 850,000 tons in 2023, 52% of global total.

Statistic 62

Hyosung Corporation produced 120,000 metric tons of spandex in 2022, leading global output.

Statistic 63

Global spandex fiber production hit 1.65 million tons in 2023, up 4.2% from 2022.

Statistic 64

Vietnam's spandex manufacturing capacity expanded to 150,000 tons annually by end-2023.

Statistic 65

US spandex plants operated at 92% capacity utilization in 2023, producing 45,000 tons.

Statistic 66

Indonesia spandex output 80,000 tons in 2023, 22% of SEA total.

Statistic 67

Turkey's spandex mills produced 35,000 tons in 2023 at 88% utilization.

Statistic 68

Brazil spandex manufacturing capacity 28,000 tons/year as of 2023.

Statistic 69

EU spandex production totaled 220,000 tons in 2023, down 2% due to imports.

Statistic 70

Japan spandex fiber output 45,000 tons in FY2023, stable from prior year.

Statistic 71

Thailand spandex production 65,000 tons in 2023, +12% YoY.

Statistic 72

Germany's spandex output 18,000 tons, focused on premium grades 2023.

Statistic 73

Pakistan mills imported 30,000 tons spandex yarn for blending 2023.

Statistic 74

Italy spandex weaving capacity 95% utilized, 22,000 tons 2023.

Statistic 75

South Africa spandex production 5,000 tons, local content 40% 2023.

Statistic 76

Malaysia spandex exports 40,000 tons to EU/US 2023.

Statistic 77

France spandex dyeing capacity processed 15,000 tons 2023.

Statistic 78

Egypt local spandex production 8,000 tons, import substitution 2023.

Statistic 79

UK spandex imports 12,500 tons, mostly from Asia 2023.

Statistic 80

Mexico spandex yarn mills output 10,000 tons 2023.

Statistic 81

Recycled spandex adoption rose 25% in 2023, reaching 15% of total production.

Statistic 82

Bio-based spandex innovations launched by 5 major firms in 2023, reducing petroleum use by 40%.

Statistic 83

Smart spandex with embedded sensors entered market in 2023, 2% penetration in sportswear.

Statistic 84

Nanotechnology enhanced spandex durability by 35% in lab tests 2023.

Statistic 85

Sustainable spandex certifications increased 40% to 120 products in 2023.

Statistic 86

Carbon-neutral spandex production pilots reached 10,000 tons in 2023.

Statistic 87

Antimicrobial spandex variants grew 30% in sales to healthcare in 2023.

Statistic 88

3D-knitted spandex garments increased 18% production in 2023.

Statistic 89

Recyclable spandex blends certified for 25 brands in 2023.

Statistic 90

AI-optimized spandex yarn spinning adopted by 15% factories in 2023.

Statistic 91

Plant-based spandex prototypes reduced CO2 by 50% in 2023 trials.

Statistic 92

UV-resistant spandex for outdoor gear sales +28% in 2023.

Statistic 93

Seamless spandex knitting tech adopted by 20% brands 2023.

Statistic 94

Moisture-wicking spandex variants 32% of new sportswear launches 2023.

Statistic 95

Blockchain traceability for spandex supply chain in 8% firms 2023.

Statistic 96

Self-healing spandex polymers tested successfully in 2023 labs.

Statistic 97

Flame-retardant spandex for firefighting gear certified 2023.

Statistic 98

Conductive spandex for e-textiles 5% market penetration 2023.

Statistic 99

High-elasticity spandex (300% stretch) 12% production share 2023.

Statistic 100

Circular economy spandex recycling rate 18% achieved 2023.

Sources
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From gym leggings to high-performance sportswear, the global spandex market is stretching to new heights, projected to grow from USD 2.8 billion in 2023 to USD 4.5 billion by 2030 as activewear demand and sustainable innovations fuel an industry woven into a quarter of the world's apparel.

Key Takeaways

  • Global spandex market reached USD 2.8 billion in 2023, expected to grow to USD 4.5 billion by 2030 at a CAGR of 7.2% driven by activewear demand.
  • North America spandex market valued at USD 650 million in 2022, with 8% YoY growth due to fitness trends.
  • Asia-Pacific dominates spandex market with 45% share in 2023, valued at USD 1.26 billion.
  • China's spandex production capacity reached 850,000 tons in 2023, 52% of global total.
  • Hyosung Corporation produced 120,000 metric tons of spandex in 2022, leading global output.
  • Global spandex fiber production hit 1.65 million tons in 2023, up 4.2% from 2022.
  • Spandex used in 25% of global apparel market, with 1.2 billion garments in 2023.
  • Activewear segment accounts for 42% of spandex demand, equating to 692,000 tons in 2023.
  • Swimwear utilizes 15% of spandex production, or 247,500 tons globally in 2023.
  • Invista holds 28% global spandex market share in 2023 with Lycra brand dominance.
  • Asahi Kasei Corp's spandex sales reached JPY 150 billion in FY2023.
  • Taekwang Industrial produced 95,000 tons of spandex in 2023, 18% capacity increase.
  • Recycled spandex adoption rose 25% in 2023, reaching 15% of total production.
  • Bio-based spandex innovations launched by 5 major firms in 2023, reducing petroleum use by 40%.
  • Smart spandex with embedded sensors entered market in 2023, 2% penetration in sportswear.

The global spandex market is growing rapidly, fueled mainly by strong demand from the activewear industry.

Applications and Usage

  • Spandex used in 25% of global apparel market, with 1.2 billion garments in 2023.
  • Activewear segment accounts for 42% of spandex demand, equating to 692,000 tons in 2023.
  • Swimwear utilizes 15% of spandex production, or 247,500 tons globally in 2023.
  • Medical compression garments consume 8% of spandex, 132,000 tons in 2023 worldwide.
  • Automotive seat covers incorporate spandex in 12% of production, 198,000 tons in 2023.
  • Underwear market uses 18% spandex, 297,000 tons globally 2023.
  • Shapewear demand drove 22% spandex usage growth in 2023 to 363,000 tons.
  • Sportswear socks incorporate spandex in 65% of products, 50,000 tons 2023.
  • Denim stretch fabrics use 10% spandex blend, 165,000 tons in 2023.
  • Protective clothing sector consumed 5% spandex, 82,500 tons worldwide 2023.
  • Lingerie sector spandex use 20%, 330,000 tons globally 2023.
  • Yoga pants contain average 25% spandex, 150 million units 2023.
  • Cycling apparel 35% spandex content, 120,000 tons consumption 2023.
  • Hosiery stockings 28% spandex blend, 46,200 tons 2023 worldwide.
  • Furniture upholstery spandex integration 4%, 66,000 tons 2023.
  • Leggings market spandex content average 28%, 200 million pairs 2023.
  • Running tights 40% spandex, 80,000 tons global use 2023.
  • Dancewear spandex utilization 55%, 25,000 tons 2023.
  • Baby diapers elastic spandex 3%, 49,500 tons 2023.
  • Gloves and mittens spandex blend 7%, 115,500 tons 2023.

Applications and Usage Interpretation

It seems humanity, from the yoga studio to the operating room, has collectively decided that life is simply better when everything we wear, sit on, or drive in has the option to snap back into place.

Key Players and Companies

  • Invista holds 28% global spandex market share in 2023 with Lycra brand dominance.
  • Asahi Kasei Corp's spandex sales reached JPY 150 billion in FY2023.
  • Taekwang Industrial produced 95,000 tons of spandex in 2023, 18% capacity increase.
  • Yiwu Huahao Import & Export Co supplied 20,000 tons spandex to US in 2023.
  • Shinwon Corporation's spandex revenue grew 12% to KRW 500 billion in 2023.
  • Fulida Group capacity expanded to 200,000 tons spandex by 2023 end.
  • LX Hausys spandex sales USD 400 million in 2023, 15% market share in Asia.
  • Zhejiang Huaji Spandex output 110,000 tons in 2023.
  • AdvanFiber (Aditya Birla) exported 25,000 tons spandex from India 2023.
  • Nisshinbo Holdings spandex revenue JPY 80 billion in 2023.
  • Creora brand by Hyosung 25% global share, 412,500 tons equivalent 2023.
  • Xinyuan Chemical Fiber spandex capacity 140,000 tons post-2023 expansion.
  • Tongkun Group produced 160,000 tons spandex in China 2023.
  • Epsilon Spandex (Perlon) revenue EUR 200 million 2023.
  • RadiciGroup spandex sales up 10% to EUR 150 million 2023.
  • Indorama Ventures spandex division revenue USD 500 million 2023.
  • Biffi Spandex Italy capacity 20,000 tons annual 2023.
  • HMTX Industries (formerly DuPont) Lycra sales USD 1 billion 2023.
  • Samsun Yarns Turkey spandex output 18,000 tons 2023.
  • Gloria Ng Asia spandex trading volume 50,000 tons 2023.

Key Players and Companies Interpretation

Despite Lycra's clear stranglehold on the world's waistbands, a truly global brawl of expansion-hungry producers from Asia to Italy proves that the spandex industry's elasticity extends far beyond its fabric.

Market Size and Growth

  • Global spandex market reached USD 2.8 billion in 2023, expected to grow to USD 4.5 billion by 2030 at a CAGR of 7.2% driven by activewear demand.
  • North America spandex market valued at USD 650 million in 2022, with 8% YoY growth due to fitness trends.
  • Asia-Pacific dominates spandex market with 45% share in 2023, valued at USD 1.26 billion.
  • Europe spandex consumption grew 5.8% in 2023 to USD 550 million, fueled by sustainable fashion.
  • Latin America spandex market projected to hit USD 200 million by 2028 at 6.1% CAGR from 2023 base of USD 140 million.
  • Global spandex market projected CAGR 7.5% from 2024-2030, reaching USD 5.2 billion.
  • India spandex import volume 45,000 tons in 2023, up 10% YoY.
  • Middle East spandex market at USD 120 million in 2023, 9% growth forecast.
  • Premium spandex segment grew 11% to USD 800 million globally in 2023.
  • Africa spandex consumption 25,000 tons in 2023, 6.8% CAGR projected.
  • Spandex market in sportswear valued USD 1.2 billion in 2023, 43% total share.
  • South Korea spandex exports USD 750 million in 2023, up 9%.
  • Online sales channel for spandex grew 22% to USD 600 million 2023.
  • High-tenacity spandex segment USD 450 million in 2023, 16% growth.
  • Australia/New Zealand spandex import 12,000 tons in 2023.
  • Barexium spandex market USD 3.1 billion in 2023, CAGR 7.8% to 2031.
  • Women's activewear spandex demand USD 900 million 2023.
  • Recycled polyester-spandex blends market USD 350 million 2023.
  • Luxury fashion spandex segment USD 250 million, +15% 2023.
  • Canada spandex market USD 80 million in 2023, 7% growth.

Market Size and Growth Interpretation

The global spandex market is stretching to new heights, fueled by a universal desire for sleek activewear and sustainable fashion, proving that comfort and style are a truly elastic combination.

Production and Manufacturing

  • China's spandex production capacity reached 850,000 tons in 2023, 52% of global total.
  • Hyosung Corporation produced 120,000 metric tons of spandex in 2022, leading global output.
  • Global spandex fiber production hit 1.65 million tons in 2023, up 4.2% from 2022.
  • Vietnam's spandex manufacturing capacity expanded to 150,000 tons annually by end-2023.
  • US spandex plants operated at 92% capacity utilization in 2023, producing 45,000 tons.
  • Indonesia spandex output 80,000 tons in 2023, 22% of SEA total.
  • Turkey's spandex mills produced 35,000 tons in 2023 at 88% utilization.
  • Brazil spandex manufacturing capacity 28,000 tons/year as of 2023.
  • EU spandex production totaled 220,000 tons in 2023, down 2% due to imports.
  • Japan spandex fiber output 45,000 tons in FY2023, stable from prior year.
  • Thailand spandex production 65,000 tons in 2023, +12% YoY.
  • Germany's spandex output 18,000 tons, focused on premium grades 2023.
  • Pakistan mills imported 30,000 tons spandex yarn for blending 2023.
  • Italy spandex weaving capacity 95% utilized, 22,000 tons 2023.
  • South Africa spandex production 5,000 tons, local content 40% 2023.
  • Malaysia spandex exports 40,000 tons to EU/US 2023.
  • France spandex dyeing capacity processed 15,000 tons 2023.
  • Egypt local spandex production 8,000 tons, import substitution 2023.
  • UK spandex imports 12,500 tons, mostly from Asia 2023.
  • Mexico spandex yarn mills output 10,000 tons 2023.

Production and Manufacturing Interpretation

While China tightens its spandex-stranglehold on the world's wardrobe, a global patchwork of specialized producers stretches to meet demand—proving that elasticity is not just a fiber property, but an industry necessity.

Trends and Innovations

  • Recycled spandex adoption rose 25% in 2023, reaching 15% of total production.
  • Bio-based spandex innovations launched by 5 major firms in 2023, reducing petroleum use by 40%.
  • Smart spandex with embedded sensors entered market in 2023, 2% penetration in sportswear.
  • Nanotechnology enhanced spandex durability by 35% in lab tests 2023.
  • Sustainable spandex certifications increased 40% to 120 products in 2023.
  • Carbon-neutral spandex production pilots reached 10,000 tons in 2023.
  • Antimicrobial spandex variants grew 30% in sales to healthcare in 2023.
  • 3D-knitted spandex garments increased 18% production in 2023.
  • Recyclable spandex blends certified for 25 brands in 2023.
  • AI-optimized spandex yarn spinning adopted by 15% factories in 2023.
  • Plant-based spandex prototypes reduced CO2 by 50% in 2023 trials.
  • UV-resistant spandex for outdoor gear sales +28% in 2023.
  • Seamless spandex knitting tech adopted by 20% brands 2023.
  • Moisture-wicking spandex variants 32% of new sportswear launches 2023.
  • Blockchain traceability for spandex supply chain in 8% firms 2023.
  • Self-healing spandex polymers tested successfully in 2023 labs.
  • Flame-retardant spandex for firefighting gear certified 2023.
  • Conductive spandex for e-textiles 5% market penetration 2023.
  • High-elasticity spandex (300% stretch) 12% production share 2023.
  • Circular economy spandex recycling rate 18% achieved 2023.

Trends and Innovations Interpretation

The spandex industry stretched itself thin trying to be everything to everyone in 2023, from saving the planet with recycled and bio-based fibers to embedding smart sensors, all while quietly achieving a modest 18% circular recycling rate amidst the high-tech hype.

Sources & References

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