1h Free Analyst Time
The Cotton Yarn Market size was estimated at USD 69.43 billion in 2023, USD 73.21 billion in 2024, and is expected to grow at a CAGR of 5.76% to reach USD 102.82 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Cotton yarn is a type of textile yarn made from cotton fibers and is a natural fiber that comes from the cotton plant's seed hairs. It is one of the most widely used and versatile natural fibers in the textile industry. Cotton yarn is spun from these fibers to create thread or yarn, which is then used for various textile and fabric applications. Increasing global population and living standards increase demand for cotton-based products, fueling the industry. Technological advancements increase efficiency and reduce production costs, leading to market expansion.
However, the global shift towards synthetic fibers and the volatility of raw material prices can challenge the growth of the cotton yarn market. Environmental concerns associated with cotton cultivation and processing, such as water consumption and chemical use, also limit the market expansion. The development of genetically modified cotton, which requires fewer resources for cultivation, and technological advancements in cotton yarn production activities further fueled the market.
Regional Insights
The Americas holds a significant stake in the global cotton yarn market owing to its advanced agricultural technologies and fertile farming fields and is one of the significant producers and exporters of cotton. Consumer demand for qualitative and sustainably produced cotton yarn, with increasing advocacy for organic cotton, further fueled the market in the region. In Europe, there is an increasing trend and consumer preference towards cotton yarn in home textiles and furnishings; this market growth is primarily driven by changes in lifestyle and the promotion of recycling initiatives. The significant producers and manufacturing base for cotton yarn are another factor driving the market growth in the region.The Middle East and Africa are large cotton-producing regions, with their industry being driven by domestic use and export to other parts of the world. In these regions, there is a high demand for durable and high-quality cotton yarn for various services in local textile industries. The Asia-Pacific region is the key contributor to the cotton yarn industry and is among the largest producers and consumers of cotton yarn globally. This is primarily due to their massive textile industries, which utilize this resource for its attributes, durability, and cost-effectiveness.
Market Trends by Segment
- Type: Combed compact yarn is preferred for textiles for a smooth and refined finish
- Application: High adoption of cotton yarn in home textile due to its durable and easy-to-dye attributes
Industry Insights
- Market Dynamics
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
- FPNV Positioning Matrix
- Market Share Analysis
- Strategy Analysis and Recommendations
Recent Developments
RSWM Ltd to Invest INR 315 Crore For Expansion Of Rajasthan Unit
RSWM Ltd has announced plans to invest INR315 crore in its Rajasthan unit to expand its operations. This expansion will enable the development of cotton yarn, jacquards, and other value-added fabrics. This strategic move is projected to generate over 5,000 job opportunities in the region.BSL Limited Launches Cotton Spinning Unit
BSL Limited has launched a new cotton spinning unit as part of its commitment to expanding its presence in the global textile market. This unit is dedicated to manufacturing top-notch cotton yarn products, ensuring high quality and customer satisfaction. With this initiative, BSL Limited aims to strengthen its position as a leading player in the textile industry, offering innovative and premium cotton yarn solutions to satisfy the evolving needs of the market.Bangalore-based Hi Fabrique Group Acquires Tessitura Monti India Private Limited
The Hi-Fabrique Group has acquired Tessitura Monti India Private Limited. They specialize primarily in the production of cotton yarn for the apparel industry. With this acquisition, Hi-Fabrique aims to strengthen its robust presence in the cotton yarn market. This strategic move will undoubtedly enhance their position and expand their reach in the industry, solidifying their reputation as a leading player in the market.Key Company Profiles
The report delves into recent significant developments in the Cotton Yarn Market, highlighting leading vendors and their innovative profiles. These include AAJ International, Ambika Cotton Mills Limited, BROS EASTERN CO., LTD, Coats Group PLC, ColossusTex, Damodar Group, Grasim Industries Limited, Guanxing Group, HAMANAKA Co., Ltd., Huafang Group, Huamao Group Co., Ltd., Huvis Corporation, KPR Mill Limited, Luthai Textile Co., Ltd., Maharaja Shree Umaid Mills Limited, Nahar Spinning Mills Ltd, Nishat Mills Limited, Nitin Spinners Ltd., Parkdale Mills Incorporated, PREMIER YARNS, SANKO TEXTILE, Shinatomo Co., Ltd., T. C. Spinners Pvt. Ltd., TOYOSHIMA & Co.,Ltd., Vardhman Textiles Limited, and Weiqiao Textile Co., Ltd.This research report offers invaluable insights into various crucial aspects of the Cotton Yarn Market:
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
5. Market Insights
6. Cotton Yarn Market, by Type
7. Cotton Yarn Market, by Application
8. Americas Cotton Yarn Market
9. Asia-Pacific Cotton Yarn Market
10. Europe, Middle East & Africa Cotton Yarn Market
11. Competitive Landscape
12. Competitive Portfolio
List of Figures
List of Tables
Companies Mentioned
- AAJ International
- Ambika Cotton Mills Limited
- BROS EASTERN CO., LTD
- Coats Group PLC
- ColossusTex
- Damodar Group
- Grasim Industries Limited
- Guanxing Group
- HAMANAKA Co., Ltd.
- Huafang Group
- Huamao Group Co., Ltd.
- Huvis Corporation
- KPR Mill Limited
- Luthai Textile Co., Ltd.
- Maharaja Shree Umaid Mills Limited
- Nahar Spinning Mills Ltd
- Nishat Mills Limited
- Nitin Spinners Ltd.
- Parkdale Mills Incorporated
- PREMIER YARNS
- SANKO TEXTILE
- Shinatomo Co., Ltd.
- T. C. Spinners Pvt. Ltd.
- TOYOSHIMA & Co.,Ltd.
- Vardhman Textiles Limited
- Weiqiao Textile Co., Ltd.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 199 |
| Published | May 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 73.21 Billion |
| Forecasted Market Value ( USD | $ 102.82 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
