According to a new report published by Allied Market Research, titled, “Cotton Yarn Market,” The cotton yarn market was valued at $91.4 billion in 2022, and is estimated to reach $140.1 billion by 2032, growing at a CAGR of 4.4% from 2023 to 2032.
The cotton yarn market presents promising opportunities driven by evolving consumer preferences and sustainable practices. As demand for eco-friendly products grows, manufacturers may tap into the rising interest in sustainable textiles. Customization and personalization trends offer a chance to create unique cotton yarn products. Technological advancements like nanotechnology and genetic engineering enable enhanced functionality, elevating cotton yarn’s appeal. Additionally, expanding into emerging markets with growing populations and disposable incomes can open new avenues. By embracing innovation, sustainability, and global expansion, the cotton yarn market stands poised for dynamic growth and diversification
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Cotton yarn is a type of yarn made from the natural fibers of the cotton plant (Gossypium). Cotton fibers are spun or twisted together to create a continuous thread or strand to produce cotton yarn. With the use of cotton yarn, a variety of apparel products and materials can be made, including those used in knitting, weaving, and sewing. It is a preferred material for regular clothing and a variety of textile products due to its softness, breathability, and comfort. Cotton yarn is available in various kinds of thickness and qualities, a feature that allows to produce a wide range of fabrics and apparel
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The wide utilization of cotton yarn in the textile industry and apparel production drives the market growth. Cotton yarn is an essential raw material for clothing, home textiles, and commercial fabrics. Global demand for textiles increased owing to population expansion, rise in disposable incomes, and changing fashion trends that employes sustainable clothing , which in turn drives the demand for cotton yarn. Cotton is a natural fiber that has exceptional qualities that make it suitable for use in textile production. It works well to soak up sweat and keep the user dry and cool, owing to its ability to both, absorb and release moisture.
Key Finding Of The Study:
- Asia-Pacific is projected to grow at the highest CAGR of approximately 4.7%, in terms of revenue, during the forecast period.
- By type, the carded yarn segment is anticipated to grow with CAGR 4.2%, in terms of revenue, during the forecast period.
- By application, the apparel segment is anticipated to grow with CAGR 4.6%, in terms of revenue, during the forecast period.
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The major players operating in the Cotton Yarn Market:
- Ambika Cotton Mills Limited
- Aarti International
- Maharaja Shree Umaid Mills Limited
- Nahar Spinning Mills Limited
- Nishat Mills Limited
- Nitin Spinners Limited
- Texhong International Group Limited
- Trident Limited India
- Vardhman Textiles Ltd
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