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Cotton Yarn Market Report Scope & Overview

The Cotton Yarn Market size was USD 92.50 billion in 2022 and is expected to Reach USD 125.62 billion by 2030 and grow at a CAGR of 3.9% over the forecast period of 2023-2030. 

Cotton yarn is made by twisting together a number of filaments or staple fibers. Spinning is a critical and vital stage in the production of textile products. The extracted fibers are spun into yarn and used to make textiles in the spinning procedure. Thread is a form of yarn used for weaving, sewing, embroidery, and knitting, among other things. To obtain a final yarn of the desired thickness, the obtained plant fiber must go through multiple steps to remove impurities such as opening, blending, drawing, and cleaning.

Cotton Yarn Market Revenue Analysis

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Carded yarn is a textile substance made of cotton that may be twisted into a strand of yarn. Depending on the number of plies (stacks), it is available in a range of weights and thicknesses, ranging from thick to thin, which also affects its quality and softness. Combed yarn is a fine type of cotton yarn that is used to make high-quality clothing items. It is stronger, smoother, and lasts longer than carded cotton.

Cotton yarn is utilized in clothing applications because of its distinctive qualities, including softness, strength, and high absorbency, which make it suited for the creation of a variety of garments. Cotton clothing is cozy and breathable, making it a popular choice in warm weather. Home textiles including bedsheets, towels, and other fabric products are made from cotton yarn.

MARKET DYNAMICS

KEY DRIVERS

  • Increasing cotton yarn applications in apparel and home textiles

Cotton is a natural fiber that is widely utilized in the smart textile industry. Cotton yarn is commonly used to create various types of clothing, including t-shirts, dresses, garments, and others. It provides comfort, breathability, and a soft feel against the skin, making it suitable for everyday wear. Cotton yarn is used to produce a variety of home textiles, such as bed linens (sheets, pillowcases, duvet covers), towels, bathrobes, curtains, and upholstery fabrics. Its absorbent and durable properties make it well-suited for these applications.

RESTRAIN

  • Fluctuating raw material prices and labor costs, Disruption in supply chain hamper market growth

  • Availability of alternatives like synthetic yarn over Cotton Yarn

Due to their superior qualities in terms of cost-effectiveness and durability, synthetic fibers have displaced cotton in the textile industry. The textile industry made use of cotton yarn. Other fibers like polyester and nylon have taken their place as Polyester yarn is a widely used synthetic alternative to cotton. As it is well-known for its toughness, wrinkle resistance, and colour retention. It is commonly used in activewear, sportswear, and casual clothing. Other alternatives include High-Tech Yarns, Artificial Cellulose Fibers, Specialty Yarns, nylon and Acrylic yarn.

OPPORTUNITY

  • Rising demand for cotton clothing owing to its benefit drives the market

  • Rising support from government for the expansion of domestic textile industry

Product innovation and increased market penetration in emerging economies are the primary opportunities for the Cotton Yarn market. Various governments are taking the lead in promoting domestic textiles by creating new schemes and policies. These projects are aimed at fostering skill development, technological advancement, and expansion of the sector in the textile industry. Rising worldwide textile sector demand is expected to drive demand.

CHALLENGES

  • Due to environmental concerns related to cotton growing, manufacturers are dealing with sustainability issues.

  • High prices of cotton yarn relative to synthetic yarn can hamper the market.

The cost of raw cotton, the primary material for cotton yarn, can be subject to fluctuations due to factors such as weather conditions, global supply and demand, and trade policies. In contrast, synthetic fibers used in synthetic yarn, such as polyester or nylon, are derived from petrochemicals, which can be subject to separate supply and price dynamics. Modern synthetic fiber manufacturing processes are highly automated and can achieve economies of scale, which can lead to lower production costs.

IMPACT OF RUSSIAN UKRAINE WAR

Cotton yarn shipments have fallen by roughly 60% between April and December 2022, ever since the situation in Ukraine began. It is expected that if the tension rises further, export activities would be badly harmed, thus buyers throughout the textile value chain are becoming hesitant about new purchases, resulting in price drops. Cotton price weakness and bad demand in the downstream business were two major variables that contributed to the drop-in cotton yarn prices. According to dealers, low fabric demand indicates slow manufacturing activity in readymade garment (RMG) factories. Meanwhile, cotton prices in Gujarat, India, declined by $500-800 per candy of 356 kg due to sluggish demand from mills, while daily deliveries fell. Cotton prices, according to merchants, remained flat as mills adopted a wait-and-see attitude due to escalating tensions between Russia and Ukraine.

IMPACT OF ONGOING RECESSION

Inflation-induced recession and the energy crisis are impacting the global textile business, with far-reaching repercussions for development challenges. The worldwide textile industry will be impacted by a drop in discretionary incomes in the UK and EU, as well as approaching recessionary pressures. The worldwide geopolitical and economic crises have hampered market growth.

Prices for various types of woolen and cotton yarns fell by 10 to 15% in June FY2023, which is a negative for the garment industry. Even though winter clothing production only began a month ago, the garment industry's present slump is being blamed for this autumn. In FY2022, Indian cotton yarn prices reached 42% and 39% higher than in FY2021 and the previous 5-year average, respectively. While the cost of raw materials pressures persists, the consistency of export incentives, along with the benefits of expanded scale, has helped enterprises sustain profitability thus far.

MARKET SEGMENTATION

by Type

  • Carded Yarn

  • Combed Yarn

by Application

  • Apparel

  • Industrial Textiles

  • Home Textiles

  • Other

Cotton Yarn Market Segmentation Analysis

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REGIONAL ANALYSIS

The Asia Pacific region has the largest market share as it is the largest producer and consumer of cotton yarn globally. Countries like China, India, and Vietnam are significant players in the cotton yarn market. The raising apparel and textile industry are expected to grow demand for cotton yarn significantly. This is partly owing to the thriving textile industries in countries such as China and India, which contribute significantly to global cotton yarn output.

North America is expected to have lucrative growth opportunities for cotton yarn market. While the region's overall cotton production might not be as significant as other major cotton-producing regions, it has a well-established textile and apparel industry that consumes cotton yarn as a raw material. The textile business in the United States is mostly comprised of yarn produce, and it provides a diverse range of products derived from wool, cotton, and various synthetic fibres.

Europe is expected to have emerging growth for cotton yarn. Some European countries have a significant presence in cotton yarn production. This expansion is likely to be driven by rising demand for textile and apparel applications. The European textile industry, like many others worldwide, has been moving towards more sustainable and eco-friendly practices.

 The Middle East and Africa are also predicted to grow rapidly over the upcoming years as customer preferences shift towards items towards shopping clothes, research, and innovation in apparel industry would fuel demand.

Latin America is predicted to grow at a positive rate in the upcoming years. This is driven by constant innovation in technology for cotton products. The use of high-tech machines, seeds certified by international and national technological protocols, constant genetic improvement, and installation of biofactories.

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

Huafu, Huamao, Texhong, Weiqiao Textile, Lutai Textile, Henan Xinye Textile, BROS, China Resources, Nishant Mills, Aarti International, and other key players are mentioned in the final report.

Huamao-Company Financial Analysis

RECENT DEVELOPMENTS

Vardhman Textiles Ltd- In 2022 Vardhman Textiles Ltd. advances in the yarn manufacturing business through sustainability and a diverse product offering.

Cotton Yarn Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 92.50 Bn
Market Size by 2030  US$ 125.62 Bn
CAGR   CAGR of 3.9% From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Carded Yarn, Combed Yarn)
• By Application (Apparel, Industrial Textiles, Home Textiles, Other)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Huafu, Huamao, Texhong, Weiqiao Textile, Lutai Textile, Henan Xinye Textile, BROS, China Resources, Nishant Mills, Aarti International
Key Drivers • Increasing cotton yarn applications in apparel and home textiles
Market Restraints • Fluctuating raw material prices and labor costs, Disruption in supply chain hamper market growth.
• Availability of alternatives like synthetic yarn over Cotton Yarn

 

Frequently Asked Questions

Ans. USD 125.62 billion is the projected Cotton Yarn Market size of the market by 2030.

Ans. The CAGR of the Cotton Yarn Market over the forecast period is 3.9%.

Ans. Asia Pacific is the fastest-growing region of the Cotton Yarn Market.

Ans. Opportunity is 

  • Rising demand for cotton clothing owing to its benefit drives the market.
  • Rising support from government for the expansion of domestic textile industry

Ans. USD 92.50 billion is the projected value in 2022 for Cotton Yarn Market.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Ukraine-Russia War
4.2 Impact of Ongoing Recession
4.3. Introduction
4.3.1 Impact on major economies
4.3.1.1 US
4.3.1.2 Canada
4.3.1.3 Germany
4.3.1.4 France
4.3.1.5 United Kingdom
4.3.1.6 China
4.3.1.7 Japan
4.3.1.8 South Korea
4.3.1.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Cotton Yarn Market Segmentation, By Type
8.1 Carded Yarn
8.2 Combed Yarn

9. Cotton Yarn Market Segmentation, By Application
9.1 Apparel
9.2 Industrial Textiles
9.3 Home Textiles
9.4 Other

10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Cotton Yarn Market by Country
10.2.2North America Cotton Yarn Market by Type
10.2.3 North America Cotton Yarn Market by Application
10.2.4 USA
10.2.4.1 USA Cotton Yarn Market by Type
10.2.4.2 USA Cotton Yarn Market by Application
10.2.5 Canada
10.2.5.1 Canada Cotton Yarn Market by Type
10.2.5.2 Canada Cotton Yarn Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Cotton Yarn Market by Type
10.2.6.2 Mexico Cotton Yarn Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Cotton Yarn Market by Country
10.3.1.2 Eastern Europe Cotton Yarn Market by Type
10.3.1.3 Eastern Europe Cotton Yarn Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Cotton Yarn Market by Type
10.3.1.4.2 Poland Cotton Yarn Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Cotton Yarn Market by Type
10.3.1.5.2 Romania Cotton Yarn Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Cotton Yarn Market by Type
10.3.1.6.2 Hungary Cotton Yarn Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Cotton Yarn Market by Type
10.3.1.7.2 Turkey Cotton Yarn Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Cotton Yarn Market by Type
10.3.1.8.2 Rest of Eastern Europe Cotton Yarn Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Cotton Yarn Market by Country
10.3.2.2 Western Europe Cotton Yarn Market by Type
10.3.2.3 Western Europe Cotton Yarn Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Cotton Yarn Market by Type
10.3.2.4.2 Germany Cotton Yarn Market by Application
10.3.2.5 France
10.3.2.5.1 France Cotton Yarn Market by Type
10.3.2.5.2 France Cotton Yarn Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Cotton Yarn Market by Type
10.3.2.6.2 UK Cotton Yarn Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Cotton Yarn Market by Type
10.3.2.7.2 Italy Cotton Yarn Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Cotton Yarn Market by Type
10.3.2.8.2 Spain Cotton Yarn Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Cotton Yarn Market by Type
10.3.2.9.2 Netherlands Cotton Yarn Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Cotton Yarn Market by Type
10.3.2.10.2 Switzerland Cotton Yarn Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Cotton Yarn Market by Type
10.3.2.11.2 Austria Cotton Yarn Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Cotton Yarn Market by Type
10.3.2.12.2 Rest of Western Europe Cotton Yarn Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Cotton Yarn Market by Country
10.4.2 Asia Pacific Cotton Yarn Market by Type
10.4.3 Asia Pacific Cotton Yarn Market by Application
10.4.4 China
10.4.4.1 China Cotton Yarn Market by Type
10.4.4.2 China Cotton Yarn Market by Application
10.4.5 India
10.4.5.1 India Cotton Yarn Market by Type
10.4.5.2 India Cotton Yarn Market by Application
10.4.6 Japan
10.4.6.1 Japan Cotton Yarn Market by Type
10.4.6.2 Japan Cotton Yarn Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Cotton Yarn Market by Type
10.4.7.2 South Korea Cotton Yarn Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Cotton Yarn Market by Type
10.4.8.2 Vietnam Cotton Yarn Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Cotton Yarn Market by Type
10.4.9.2 Singapore Cotton Yarn Market by Application
10.4.10 Australia
10.4.10.1 Australia Cotton Yarn Market by Type
10.4.10.2 Australia Cotton Yarn Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Cotton Yarn Market by Type
10.4.11.2 Rest of Asia-Pacific APAC Cotton Yarn Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Cotton Yarn Market by Country
10.5.1.2 Middle East Cotton Yarn Market by Type
10.5.1.3 Middle East Cotton Yarn Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Cotton Yarn Market by Type
10.5.1.4.2 UAE Cotton Yarn Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Cotton Yarn Market by Type
10.5.1.5.2 Egypt Cotton Yarn Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Cotton Yarn Market by Type
10.5.1.6.2 Saudi Arabia Cotton Yarn Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Cotton Yarn Market by Type
10.5.1.7.2 Qatar Cotton Yarn Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Cotton Yarn Market by Type
10.5.1.8.2 Rest of Middle East Cotton Yarn Market by Application
10.5.2 Africa
10.5.2.1 Africa Cotton Yarn Market by Country
10.5.2.2 Africa Cotton Yarn Market by Type
10.5.2.3 Africa Cotton Yarn Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Cotton Yarn Market by Type
10.5.2.4.2 Nigeria Cotton Yarn Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Cotton Yarn Market by Type
10.5.2.5.2 South Africa Cotton Yarn Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Cotton Yarn Market by Type
10.5.2.6.2 Rest of Africa Cotton Yarn Market by Application
10.6 Latin America
10.6.1 Latin America Cotton Yarn Market by Country
10.6.2 Latin America Cotton Yarn Market by Type
10.6.3 Latin America Cotton Yarn Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Cotton Yarn Market by Type
10.6.4.2 Brazil Africa Cotton Yarn Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Cotton Yarn Market by Type
10.6.5.2 Argentina Cotton Yarn Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Cotton Yarn Market by Type
10.6.6.2 Colombia Cotton Yarn Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Cotton Yarn Market by Type
10.6.7.2 Rest of Latin America Cotton Yarn Market by Application

11 Company Profile
11.1 Nishant mills
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 BROS
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 China Resources
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Henan Xinye Textile
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Huafu
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Aarti International
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Huamao
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Texhong
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Weiqiao Textile
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Lutai Textile
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View

12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions

13. USE Cases and Best Practices

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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