Press release
Cotton Yarn Market Size Forecasted To Achieve $103.16 Billion By 2029 With Steady Growth
Cotton Yarn Market
What Is the Expected Cotton Yarn Market Size During the Forecast Period?
In the past few years, there has been a significant expansion in the size of the cotton yarn market. Its growth is projected to rise from a value of $73.46 billion in 2024 to an estimated worth of $78.52 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.9%. This substantial growth during the historic period can be accredited to the expansion of the textile industry, preference for natural fibers, global increase in cotton production, development in cotton yarn innovation and its cost-effectiveness and availability.
The market size of cotton yarn is predicted to undergo considerable expansion in the following years, reaching a valuation of $103.16 billion by 2029, with a compound annual growth rate (CAGR) of 7.1%. The forecast period's growth is linked to factors such as the trend towards organic and sustainable methods, a boom in e-commerce, regulatory focus on sustainable practices, demand from developing markets, and initiatives centered on a circular economy. Dominant trends for the forecast period encompass technological absorption in production, organic and sustainable cotton, innovations in spinning technology, digitalisation in supply chain management, the volatility of cotton prices, and the dynamics of global trade.
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What Are the High-Growth Segments in the Cotton Yarn Market?
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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What Key Drivers Are Expected to Influence Future Cotton Yarn Market Growth?
The growth of the cotton yarn market is anticipated to be fuelled by escalating demand from the textile industry. One may describe textiles as any materials made by intertwining or knitting fibers or yarn into fabric or cloth. Among these materials, cotton yarn is widely recognized and extensively used in the industry. The process of producing cotton yarn involves twirling individual cotton fibers into a seamless thread. This thread then serves as the basis for a variety of textile goods such as clothes, bedding, and household decorations. Among manufacturers, cotton yarn is favored for its longevity, breathability, and smoothness, which all contribute to boosting the cotton yarn market. For example, as per the National Council of Textile Organizations (NCTO), a trade association based in the US that stands for the textile industry, in 2022, the presumed value of US shipments in the man-made fiber, textile, and apparel sector rose to $65.8 billion, demonstrating an increase from the $64.04 billion observed in 2021. It's important to note that US textile and apparel exports to the Western Hemisphere saw a significant increase of 14.9%, totaling $18 billion in 2022. As a result, the burgeoning demand from the textile industry promotes the growth of the cotton yarn market.
Which Companies Hold the Largest Share Across Different Cotton Yarn Market Segments?
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 Latest Developing Trends in the Cotton Yarn Market?
The prime entities active in the cotton yarn market are prioritizing the creation of innovative styles of yarn, such as compact spun and blended yarns, with an aim to augment fabric quality and satisfy escalating industry requirements. Compact spun yarns contribute to fabric quality by decreasing defects, thereby enhancing strength, smoothness, and durability. Furthermore, blended yarns blend natural fibers like cotton with artificial materials, offering enhanced luster, robustness, and a softer touch. For instance, Gimatex Industries Pvt. Ltd., a textile firm based in India, introduced two advanced yarn types, Siro Compact Yarns and Chief Value Cotton (CVC) Yarns, in June 2024. These yarns advance fabric quality and fulfill industry needs by deploying compact spinning technology to curtail flaws, thereby adding to their strength, smoothness, and endurance. The CVC Yarns add a cotton-like feel to polyester enhancing its luster and robustness.
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What Are the Emerging Geographies for The Cotton Yarn Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cotton Yarn Market?
2. What is the CAGR expected in the Cotton Yarn Market?
3. What Are the Key Innovations Transforming the Cotton Yarn Industry?
4. Which Region Is Leading the Cotton Yarn Market?
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