Global cotton yarn market to hit $140.1 bn by 2032, driven by tech, regional demand: AMR
The global cotton yarn market is projected to reach $140.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.4 per cent, up from $91.4 billion in 2022, says a recent report by Allied Market Research (AMR). The report gives a detailed analysis of revenue share, size, and growth drivers across regions and countries, highlighting key trends, opportunities, and challenges influencing the market.
The study spotlights the rising role of automation and innovative spinning technologies such as air-jet and open-end spinning that enhance yarn quality, reduce waste, and support eco-friendly production. These advances are meeting increasing global demand for high-performance and sustainable textiles.
Asia-Pacific continues to dominate the cotton yarn landscape, with the region’s booming e-commerce sector and evolving consumer trends. Rapid digitalisation is reshaping retail, accelerating fashion cycles, and fuelling demand for versatile yarn products.
The report also presents a comprehensive competitive analysis featuring top players like Vardhman Textiles, Nitin Spinners, Weiqiao Textile, and Ambika Cotton. It evaluates their strategies, regional presence, and impact on industry dynamics. By examining market size, regional demand, and technological innovation, the report serves as a strategic guide for businesses seeking to navigate growth and investment in the cotton yarn sector.