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Cotton Yarn Market 2021 Overview, Opportunities And Challenges

The global cotton yarn market size was valued at USD 94.40 billion in 2022 and is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is being credited to the unique characteristics of yarn that influence the quality of finished textile goods.

Cotton yarn is a versatile and widely used textile material made from the fibers of the cotton plant. It plays a crucial role in the textile industry due to its favorable properties and numerous applications. Here’s an overview of cotton yarn:

Properties of Cotton Yarn

  1. Softness and Comfort:
    • Cotton yarn is soft to the touch, making it comfortable for direct contact with skin.
    • It is hypoallergenic, which is suitable for sensitive skin.
  2. Breathability:
    • Cotton fibers are highly breathable, allowing air to circulate and moisture to evaporate.
    • This property makes cotton yarn ideal for clothing, especially in warm climates.
  3. Absorbency:
    • Cotton can absorb moisture effectively, making it useful for towels, bathrobes, and similar products.
    • It can hold up to 27 times its weight in water.
  4. Durability:
    • Cotton yarn is relatively strong and can withstand repeated washing and wear.
    • It has good tensile strength but is not as strong as some synthetic fibers like polyester.
  5. Heat Resistance:
    • Cotton yarn can withstand high temperatures, which is beneficial for dyeing and ironing.
    • It does not melt but can ignite at high temperatures, so caution is needed near open flames.
  6. Biodegradability:
    • Being a natural fiber, cotton is biodegradable and environmentally friendly compared to synthetic fibers.
    • It decomposes more readily, reducing environmental impact.

Types of Cotton Yarn

  1. Combed Cotton:
    • Produced by combing the fibers to remove shorter strands and impurities.
    • Results in a smoother, stronger, and more uniform yarn.
  2. Carded Cotton:
    • Made by carding the fibers, a process that aligns and cleans them but retains some shorter fibers.
    • Less smooth and uniform than combed cotton but more economical.

Segments:

Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing

On the basis of type, the cotton yarn industry is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads.

Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand

Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others.

Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers and Restraints:

Market Value to Rise Owing to Increasing Support from Government Bodies

One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector.

Regional Insights:

Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population

The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region.

The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years.

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