Cotton Yarn Market by Type, Application - Global Forecast 2024-2030

List of Tables

[199 Pages Report] The Cotton Yarn Market size was estimated at USD 69.43 billion in 2023 and expected to reach USD 73.21 billion in 2024, at a CAGR 5.76% to reach USD 102.82 billion by 2030.

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.

KEY MARKET STATISTICS
Base Year [2023]	USD 69.43 billion
Estimated Year [2024]	USD 73.21 billion
Forecast Year [2030]	USD 102.82 billion
CAGR (%)	5.76%

Type: Combed compact yarn is preferred for textiles for a smooth and refined finish

Carded yarn is produced through the carding process in which cotton fibers are cleaned, separated, and aligned to some extent, but they retain more of their natural texture and shorter staple lengths than combed yarn. Carded yarn tends to be less smooth and uniform than combed yarn and is often used in coarser and less delicate textiles, such as denim fabric, workwear, and some casual clothing items. Combed compact yarn is a high-quality yarn made from cotton fibers that have undergone the combing process and then subjected to compact spinning. The combing process removes shorter fibers and impurities, resulting in a smoother, finer, and more uniform yarn. Combed compact yarn is exceptionally smooth, strong, and fine and is used for high-end textiles, including luxury clothing, fine bed linens, and high-quality shirting fabrics, where a smooth and fine finish is desired. Combed yarn is made through the combing process, which involves removing shorter fibers and impurities from the cotton fibers before spinning. Combed yarn is smoother and more uniform than carded yarn, with longer staple lengths, and is widely used in various textile applications, including fine clothing, bed linens, and high-quality knitwear.

Application: High adoption of cotton yarn in home textile due to its durable and easy-to-dye attributes

As a significant end-user, the apparel industry drives significant demand for cotton yarn. It is immensely valued for its softness, breathability, and natural fibers. Cotton yarn is known for its soft and comfortable feel against the skin. It is a natural fiber that doesn't irritate or cause allergies, making it an excellent choice for clothing, especially undergarments and casual wear. Home textile is another pivotal area for cotton yarn application due to its durable and easy-to-dye attributes and is primarily used in products such as rugs, curtains, and beddings. Industrial usage of cotton yarn primarily involves technical textiles, safety nets, and medical bandages, as the durability, absorbency, and versatility of cotton yarn contribute to its industrial demand.

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cotton Yarn Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cotton Yarn Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge 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..

Market Segmentation & Coverage

This research report categorizes the Cotton Yarn Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Carded Yarn
- Combed Compact Yarn
- Combed Yarn

Application
- Apparel Industry
- Home Textile
- Industrial

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cotton Yarn Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cotton Yarn Market?

3. What are the technology trends and regulatory frameworks in the Cotton Yarn Market?

4. What is the market share of the leading vendors in the Cotton Yarn Market?

5. Which modes and strategic moves are suitable for entering the Cotton Yarn Market?

Product Code: MRR-43539E5D32A5

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing use in textile and warm clothing products
  - 5.1.1.2. Increasing online platforms for cotton yarn-based products
  - 5.1.1.3. Rising consumer expenditures on home decorative products
- 5.1.2. Restraints
  - 5.1.2.1. Volatility in the raw material prices
- 5.1.3. Opportunities
  - 5.1.3.1. Surging import and export activities
  - 5.1.3.2. Supportive government investment in textile milling industries
- 5.1.4. Challenges
  - 5.1.4.1. Availability of synthetic fibers
5.2. Market Segmentation Analysis
- 5.2.1. Type: Combed compact yarn is preferred for textiles for a smooth and refined finish
- 5.2.2. Application: High adoption of cotton yarn in home textile due to its durable and easy-to-dye attributes
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Cotton Yarn Market, by Type

6.1. Introduction
6.2. Carded Yarn
6.3. Combed Compact Yarn
6.4. Combed Yarn

7. Cotton Yarn Market, by Application

7.1. Introduction
7.2. Apparel Industry
7.3. Home Textile
7.4. Industrial

8. Americas Cotton Yarn Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Cotton Yarn Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Cotton Yarn Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. RSWM Ltd to Invest INR 315 Crore For Expansion Of Rajasthan Unit
- 11.3.2. BSL Limited Launches Cotton Spinning Unit
- 11.3.3. Bangalore-based Hi Fabrique Group Acquires Tessitura Monti India Private Limited
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio