1. What is the projected Compound Annual Growth Rate (CAGR) of the Cotton Yarn Market?
The projected CAGR is approximately 4.0%.
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Cotton Yarn MarketCotton Yarn Market by Type (Carded Yarn, Combed Yarn, Others), by Application (Apparel, Textiles, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2026-2034
The Cotton Yarn Market size was valued at USD 82.81 USD Billion in 2023 and is projected to reach USD 108.97 USD Billion by 2032, exhibiting a CAGR of 4.0 % during the forecast period. Soft, breathable, and absorbent cotton yarn is one of the essential sectors in textiles and a prized ingredient used for apparel and home décor. Its origin from nature and hypoallergenic features make it a favourite of many people. They provide varieties such as combed, carded or compact yarn for purposes of meeting/addressing specific needs. The application of ring spinning powers the fabric production quality besides the textiles, it also influences agriculture, trade and socio-economic development. Pros comprise greenness, biodegradable composition and consumer criteria in terms of environmental friendliness. To put it succinctly, it relies heavily on the latest technological developments and market demand but puts the environment at the top of the priority list.
Type:
Application:
The Asia-Pacific region is the largest producer and consumer of cotton yarn, followed by North America and Europe. The growth in the Asia-Pacific region is attributed to the increasing demand for cotton yarn from the textile and apparel industries. This demand is driven by factors such as the region's large population, rising disposable incomes, and increasing urbanization.
China is the largest producer and consumer of cotton yarn in the world. The country's cotton yarn production is expected to grow at a CAGR of 3.5% over the forecast period, driven by the increasing demand from the textile and apparel industries. India is another major producer of cotton yarn, and its production is expected to grow at a CAGR of 4.0% over the forecast period, driven by the growing domestic textile industry.
The North American region is the second-largest producer and consumer of cotton yarn. The region's production is expected to grow at a CAGR of 2.5% over the forecast period, driven by the increasing demand from the textile and apparel industries. The United States is the largest producer of cotton yarn in the region, and its production is expected to grow at a CAGR of 2.0% over the forecast period.
The European region is the third-largest producer and consumer of cotton yarn. The region's production is expected to grow at a CAGR of 1.5% over the forecast period, driven by the increasing demand from the textile and apparel industries. Turkey is the largest producer of cotton yarn in the region, and its production is expected to grow at a CAGR of 2.0% over the forecast period.
Consumers are increasingly demanding cotton yarn that is sustainable, eco-friendly, and affordable. They are also looking for cotton yarn that is made from high-quality materials and has a long lifespan.
The demand for cotton yarn is expected to increase in the coming years due to rising disposable income and urbanization. The growth in the textile and apparel industries is also expected to drive the demand for cotton yarn.
The major exporters of cotton yarn are China, India, and Pakistan. The major importers of cotton yarn are the United States, the European Union, and Japan.
Cotton yarn manufacturers use a variety of pricing strategies, such as cost-plus pricing, value pricing, and competitive pricing. The price of cotton yarn is also affected by the price of cotton, the cost of production, and the demand for cotton yarn.
The cotton yarn market can be segmented by type, application, and region. The type segment includes carded yarn, combed yarn, and others. The application segment includes apparel, textiles, and others. The region segment includes North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.0% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 4.0%.
Key companies in the market include Texhong (China), Vardhman Group (India), BROS (China), Weiqiao Textile (China), Lutai Textile (China), Huafu (China), Alok (India), Huamao (China), China Resources (China), Nahar Spinning (India), Nishat Mills (Pakistan), Trident Group (India), Fortex (Vietnam), Aarti International (India), KPR Mill Limited (India).
The market segments include Type, Application.
The market size is estimated to be USD 82.81 USD Billion as of 2022.
Rising Support from Governments to Expand the Domestic Textile Industry to Drive Market Growth.
Rising Demand and Awareness of Sustainability in Fashion Industry to Augment Market Growth.
High Price of Cotton Yarn Relative to Synthetic Yarn is Likely to Hinder Market Growth.
December 2021 – Circular Systems entered a deal with Nishat Mills for enhancing the production capacity of its Agraloop BioFibre and Texloop RCOT Primo recycled cotton yarns. This was the first formal collaboration of Circular Systems with a Southeast Asian company in a licensing capacity.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in Kiloton.
Yes, the market keyword associated with the report is "Cotton Yarn Market," which aids in identifying and referencing the specific market segment covered.
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