Cotton yarn refers to a type of yarn that is made from cotton fibers. It is commonly used in the textile industry to create a wide range of clothing products. Cotton yarn is popular because it is soft, breathable, and comfortable to wear. It can also be dyed in a wide range of colors, making it versatile for various design options.
Sizing and Forecast
The cotton yarn market size has grown strongly in recent years. It will grow from $69.05 billion in 2023 to $73.93 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to textile industry growth, natural fiber preference, global cotton production, cotton yarn innovation, affordability and accessibility.
The cotton yarn market size is expected to see strong growth in the next few years. It will grow to $94.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to sustainable and organic trend, e-commerce growth, regulatory emphasis on sustainable practices, demand in emerging markets, circular economy initiatives. Major trends in the forecast period include technology integration in manufacturing, sustainable and organic cotton, technological innovations in spinning processes, digitalization in supply chain management, fluctuations in cotton prices and global trade dynamics.
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Segmentation & Regional Insights
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
North America was the largest region in the cotton yarn market in 2023. The regions covered in the cotton yarn market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand from the textile industry is expected to propel the growth of the cotton yarn market going forward. Textile refers to any material that is made from fibers or yarn that are spun, woven, knitted, or otherwise formed into a fabric or cloth. Cotton yarn is a popular and widely used material in the textile industry. It is made by spinning together the individual fibers of cotton into a continuous thread or yarn. This yarn can then be used to create a wide range of different textile products, such as clothing, bedding, and home decor. Cotton yarn is popular among textile manufacturers because of its durability, breathability, and softness, so these factors boost the cotton yarn market. For instance, in June 2022, according to the Textile Industries Media Group LLC., a US-based textile magazine company, the value of U.S. man-made fiber and filament, textile, and apparel shipments totaled an estimated $65.2 billion, up from $60.8 billion in January 2021. Additionally, US exports of textiles and clothing to the Western Hemisphere increased 6.5% to $16.1 billion in 2021. Therefore, the increasing demand from the textile industry is driving the growth of the cotton yarn market.
Key Industry Players
Major companies operating in the cotton yarn market report are 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
The cotton yarn market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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