What is the Historic and Current Scenario of the Cotton Yarn Market?
The cotton yarn market has seen considerable growth due to a variety of factors.
• The market size of cotton yarn has seen a robust growth in the previous years. It is projected to escalate from $73.46 billion in 2024 to $78.52 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.
The historic growth is ascribed to the expansion of the textile industry, preference for natural fibers, worldwide cotton production, innovations in cotton yarn, and its cost-effectiveness and availability.
What is the Forecasted Market Size and CAGR for the Cotton Yarn Market?
The cotton yarn market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the cotton yarn market is anticipated to significantly expand in the coming years, reaching a value of $103.16 billion by 2029 with a compound annual growth rate of 7.1%.
This anticipated growth during the forecast period is largely due to factors such as the trend towards sustainability and organics, the rise of e-commerce, increased regulation promoting sustainable practices, demand from emerging markets, and initiatives promoting a circular economy. Key trends forecasted for this period include the integration of technology in manufacturing, sustainable and organic cotton, innovative advancements in spinning processes, digital transformations in supply chain management, fluctuations in cotton prices, and changing global trade dynamics.
What Are the Critical Driver Fuelling the Cotton Yarn Market's Growth?
The escalation in demand from the textile sector is projected to drive the growth of the cotton yarn industry. The term "textile" refers to any substance made from fibers or yarn that have been spun, woven, knitted, or otherwise made into cloth or fabric. Cotton yarn, a popular and extensively utilized material in the textile sector, is created by spinning the individual cotton fibers together into a consistent thread or yarn. This yarn can then be manipulated to produce an array of textile products, such as apparel, bedding, and home decorations. Due to its hardiness, breathability, and softness, cotton yarn is favored by textile manufacturers, thereby contributing to the market's expansion. For example, in May 2023, the National Council of Textile Organizations (NCTO), a trade association representing the textile industry in the United States, reported that the projected value of U.S. shipments in the man-made fiber, textile, and apparel sector in 2022 reached a staggering $65.8 billion. This is an increase from the prior $64.04 billion recorded in 2021. Importantly, there was a substantial 14.9% increase in U.S. exports of textiles and apparel to the Western Hemisphere, reaching a total of $18 billion in 2022. Consequently, the escalating demand from the textile sector is fuelling the cotton yarn industry's growth.
What Are The Principal Market Segments In The Global Cotton Yarn Healthcare Industry?
The cotton yarn market covered in this report is segmented –
1) By Type: Carded Yarn, Combed Yarn, Other Types
2) By Application: Industrial Textiles, Apparel, Home Textiles, Other Applications
3) By Distribution Channel: Online, Offline
Subsegments:
1) By Carded Yarn: Single Carded Yarn, Multi-ply Carded Yarn, Open-End Carded Yarn
2) By Combed Yarn: Single Combed Yarn, Multi-ply Combed Yarn
3) By Other Types: Organic Cotton Yarn, Blended Cotton Yarn, Recycled Cotton Yarn, Specialty Cotton Yarns
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Which Emerging Market Trends Are Altering The Cotton Yarn Market?
Leading firms in the cotton yarn market are gearing their efforts towards the invention of novel types of yarn, such as compact spun and blended yarns. This is in an attempt to bolster fabric quality and cater to the escalating demands of the industry. Compact spun yarns improve fabric quality by reducing flaws, thereby augmenting its strength, smoothness, and longevity. Blended yarns seamlessly merge organic fibers like cotton with manufactured materials, delivering enhanced shine, sturdiness, and a more delicate touch. For example, Gimatex Industries Pvt. Ltd, a textile production company based in India, unveiled two pioneering yarn types, Siro Compact Yarns and Chief Value Cotton (CVC) Yarns, in June 2024. These yarns, made using compact spinning technology, reduce flaws and enhance the fabric's strength, smoothness, and durability. Also, CVC Yarns blend the feel of cotton with polyester, enriching its shine and robustness.
Who Are the Key Players in the Cotton Yarn Market?
Major companies operating in the cotton yarn market include:
• China Resources Textiles (Holdings) Co. Ltd.
• Maharaja Shree Umaid Mills Limited
• Aarti International
• Henan Xinye Textile Co. Ltd.
• Huafu Fashion Co. Ltd.
• Vardhman Textiles Ltd.
• Trident Limited India
• Luthai Textile Co Ltd.
• BROS Eastern Co. Ltd.
• Huafang Group Co. Ltd.
• Jiangsu Lianfa Textile Co. Ltd.
• Shandong Ruyi Technology Group Co. Ltd.
• Huamao Co. Ltd.
• Hengfeng Co. Ltd.
• Huafang Co. Ltd.
• Sanyang Textile Co. Ltd.
• Weiqiao Textile Company Limited
• Gokul Overseas Limited
• Nitin Spinners Limited
• Jiangsu Dasheng Group Co. Ltd.
• Raymond Limited
• Kedia Overseas Limited
• Ambika Cotton Mills Limited
• Nahar Spinning Mills Limited
• Nishat Mills Limited
• Huafu Top Dyed Melange Yarn Co. Ltd.
• Guanxing Textile Group Co. Ltd.
• Lingxian Hengfeng Textile Co. Ltd
• Guanxing Co. Ltd.
• Texhong Textile Group Limited
What are the Regional Insights into the Cotton Yarn Market?
North America was the largest region in the cotton yarn market in 2024. The regions covered in the cotton yarn market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
