According to a market report by Lucintel, 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 billion by 2030 from $82 billion in 2024 at 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 to understand trends, opportunity and forecast in global cotton
yarn market to 2030 by type (carded yarn, combed yarn, and others), application
(apparel, home textile, industrial textile, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category carded yarn is expected to witness the
highest growth over the forecast period due to its quality, versatility, and
cost-effectiveness.
Within the
application category, apparel will remain the largest segment due to the
significant use of cotton yarn in this application given its capacity to absorb
moisture, it is especially appropriate for clothing intended for warm weather.
In terms
of regions, 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.
Download
sample by clicking on cotton yarn market.
Qorvo,
Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo
Electric Industries, Win Semiconductors are the major suppliers in the cotton yarn market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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