Global Cotton Yarn Market

Cotton Yarn Market Size, Share, Growth Analysis, By Type(Carded Yarn, Combed Yarn), By Application(Apparel, Home Textiles) - Industry Forecast 2024-2031


Report ID: SQMIG30D2011 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 71

Cotton Yarn Market Dynamics

Drivers

Rising Demand and Awareness of Sustainability in Fashion Industry to Augment Market Growth

  • Cotton yarn plays a pivotal role in apparel and textile production, serving as a fundamental component in the creation of various fabric items. Recent trends indicate a growing shift within manufacturing operations of prominent fashion houses and retailers, progressively integrating organic cotton into their supply chains. This strategic adoption has notably surged the demand for cotton products. As one of the most widely used natural fibers in the textile industry, cotton yarn stands out for its exceptional attributes.

Restraints

High Price of Cotton Yarn Relative to Synthetic Yarn is Likely to Hinder Market Growth

  • The growth of the cotton yarn market faces a significant hurdle attributed to its relatively higher cost compared to readily available synthetic yarns, posing a limitation to its expansion. Factors contributing to this cost disparity include the elevated expenses associated with cottonseed, farming procedures, and raw materials, collectively elevating the overall production cost of cotton yarn. In contrast, synthetic yarns, derived from petrochemical-based raw materials through mass production methods, offer a more cost-effective alternative.
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FAQs

Cotton Yarn Market size was valued at USD 62.55 billion in 2022 and is poised to grow from USD 66.94 billion in 2023 to USD 115.19 billion by 2031, growing at a CAGR of 7.02% in the forecast period (2024- 2031). 

The competitive environment of the cotton yarn market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Texhong', 'Weiqiao Textile', 'Huafu', 'Henan Xinye Textile', 'BROS', 'China Resources', 'Huamao', 'Lutai Textile', 'Guanxing', 'Hengfeng', 'Shandong Ruyi', 'Huafang', 'Sanyang', 'Dasheng', 'Lianfa', 'Vardhman Group'

Cotton yarn plays a pivotal role in apparel and textile production, serving as a fundamental component in the creation of various fabric items. Recent trends indicate a growing shift within manufacturing operations of prominent fashion houses and retailers, progressively integrating organic cotton into their supply chains. This strategic adoption has notably surged the demand for cotton products. As one of the most widely used natural fibers in the textile industry, cotton yarn stands out for its exceptional attributes.

The growing textile sector is poised to experience a beneficial surge, likely influenced by several factors contributing to its growth. Governments across the globe are actively engaging in initiatives aimed at bolstering their domestic textile industries, unveiling new policies and schemes to fortify these sectors. An illustrative example is the proactive approach taken by the Indian government, which has introduced various policies designed to foster the expansion of its textile sector.

The textile industry in North America presents promising avenues for substantial market growth. In particular, the U.S. textile sector is characterized by its extensive fabric and yarn manufacturing capabilities, catering to a diverse spectrum of products crafted from various materials, including cotton, wool, and a multitude of synthetic fibers.

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Global Cotton Yarn Market

Product ID: SQMIG30D2011

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