PUBLISHER: Lucintel | PRODUCT CODE: 1455990
PUBLISHER: Lucintel | PRODUCT CODE: 1455990
Cotton Yarn Trends and Forecast
The future of the global cotton yarn market looks promising with opportunities in the apparel, home textile, and industrial textile markets. The global cotton yarn market is expected to reach an estimated $124.1 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing demand for apparel and textiles and escalating customer preference for sustainable and environmentally friendly textiles.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cotton Yarn by Segment
The study includes a forecast for the global cotton yarn by type, application, and region.
List of Cotton Yarn Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cotton yarn companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cotton yarn companies profiled in this report include-
Cotton Yarn Market Insights
Lucintel forecasts that carded yarn is expected to witness the highest growth over the forecast period due to its quality, versatility, and cost-effectiveness.
Within this market, apparel will remain the largest segment due to significant use of cotton yarn in this application given to it's capacity to absorb moisture, it is especially appropriate for clothing intended for warm weather.
APAC will remain the largest region over the forecast period due to growing population preference for comfortable and high-end clothing, continual expansion of the textile industry, and presence of key players in the region.
Features of the Global Cotton Yarn Market
Market Size Estimates: Cotton yarn market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cotton yarn market size by type, application, and region in terms of value ($B).
Regional Analysis: Cotton yarn market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the cotton yarn market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cotton yarn market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the cotton yarn market size?
Answer: The global cotton yarn market is expected to reach an estimated $124.1 billion by 2030.
Q2. What is the growth forecast for cotton yarn market?
Answer: The global cotton yarn market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cotton yarn market?
Answer: The major drivers for this market are growing demand for apparel and textiles and escalating customer preference for sustainable and environmentally friendly textiles.
Q4. What are the major segments for cotton yarn market?
Answer: The future of the cotton yarn market looks promising with opportunities in the apparel, home textile, and industrial textile markets.
Q5. Who are the key cotton yarn market companies?
Answer: Some of the key cotton yarn companies are as follows:
Q6. Which cotton yarn market segment will be the largest in future?
Answer: Lucintel forecasts that carded yarn is expected to witness the highest growth over the forecast period due to its quality, versatility, and cost-effectiveness.
Q7. In cotton yarn market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing population preference for comfortable and high-end clothing, continual expansion of the textile industry, and presence of key players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.