Cotton Yarn Market Share

North America Market Forecast

North America in cotton yarn market is anticipated to hold over 46% revenue share by the end of 2037. The ongoing technological advancements in production techniques, high adoption of yar-based clothing, and strong presence of key market players are fueling the sales of cotton yarns. The U.S. and Canada both are the most lucrative marketplaces for cotton yarn manufacturers owing to a huge customer base.

The World Integrated Trade Solution report reveals that the U.S. exported around 605 kg of uncombed cabled cotton yarn in 2023. Furthermore, the Observatory of Economic Complexity report estimated that in 2022, around USD 46.6 million of retail cotton yarns were imported into the U.S. The continuous import and export trade activities in the country are creating a profitable environment for cotton yarn producers.

Canada exported around 1,510,150 kg of cotton yarn in 2021, according to the World Integrated Trade Solution. The increasing use of cotton yarn in textile manufacturing is positively contributing to the overall cotton yarn market growth. Some of the major importers of cotton yarns in the country are A. Bruneau Canada Inc., Diamond Yarn of Canada Ltd, and Berroco, Inc.

 Asia Pacific Market Statistics

The Asia Pacific cotton yarn market is poised to expand at the fastest pace during the study period. The high production of cotton, supportive government policies and incentives, and the robust textile industry are pushing the sales of cotton yarns in the region. India and China followed by Japan and South Korea are some of the most high-earning marketplaces for cotton yarn manufacturers.

The Observatory of Economic Complexity report revealed that China is one of the major exporters of retail cotton yarn across the world and calculated around USD 41 million in 2022. The country produced over 6.7 million metric tons of cotton in 2023, this high production significantly contributes to the thriving sales of cotton yarns.

India’s boasting textile industry is contributing to high sales of cotton yarns in the country. The India Brand Equity Foundation estimates that the cotton production of the country is projected to reach 7.2 million tons by 2030. The local government approved R&D projects of around USD 7.4 million in the textile industry. Furthermore, the Wholesale Price Index of cotton yarn in the country was around 130 in FY 2024. Thus, the continuous developments in the textile industry are set to directly push the sales of cotton yarns in the country.