What is the global market size of the Cotton Yarn Market?

Global Cotton Yarn Market size was valued at USD 58.45 billion in 2021 and is poised to grow from USD 62.55 billion in 2022 to USD 107.64 billion by 2030, growing at a CAGR of 7.02% in the forecast period (2023-2030).

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

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

Cotton Yarn Market Regional Insights

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.

In 2022, Asia Pacific commanded a substantial market value of USD 77.21 billion, cementing its position as a frontrunner within the industry. This dominance is forecasted to persist over the estimated period, largely driven by rising demand emanating from the region's burgeoning population. The rapid expansion of the textile industry in Asia Pacific owes much to the pivotal roles played by key countries within the region, especially China, India, Japan, and Southeast Asia.

Cotton Yarn Market Report Snapshots

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Global 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 global 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.

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

Cotton Yarn Market Regional Insights

Cotton Yarn Market Report Snapshots

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