Cotton Spinning Market Size, Analysis, Share & Forecast 2031

Segments - Cotton Spinning Market by Types (Ring Spun, OE/Rotor Spun, Core Spun, Air Jet Spun, Frictional Spun, and Others), Application (Apparels, Home Fashion, Medical, and Others), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

The global cotton spinning market size was USD 16.26 Billion in 2022 and is likely to reach USD 29.6 Billion by 2031, expanding at a CAGR of 4.7% during 2023–2031.The growth of the market is attributed to rising disposable income and rapid innovation in the fashion industry.

The cotton processing industry includes machinery that converts raw cotton into forms that are utilized by medical and textile industries. In recent years, the production of textiles for both apparel and non-apparel use has increased globally. Cotton spinning machines spin or process the cotton or extracted fibers into the yarn or thread. The process of converting the cotton into yarn is called spinning.

Market Drivers, Restraints, Trends, and Opportunities

Rising usage of cotton yarn in various industries is driving the growth of the market.
Growing population and urbanization has led to the increasing demand for high-quality cotton, driving the market growth.
The COVID-19 disrupted the textile industry owing to the closedown of the manufacturing facilities. However, the relaxation in restriction has dampened the negatively impact on supply chain, recovering the growth of the market.
Ongoing technological innovations in the manufacturing process is expected to positively influence the market growth in the projected timeline.

Scope of the Report

The report on the global cotton spinning market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Cotton Spinning Market -Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Ring Spun, OE/Rotor Spun, Core Spun, Air Jet Spun, Frictional Spun, and Others), End-users (Apparels, Home Fashion, Medical, and Others
Regional Scope	North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Lummus Corp, Nipha exports Pvt Ltd, Bajaj Group of Companies Shandong Swan Cotton Industrial Machinery Stock Co., and Cherokee Fabrication

Cotton Spinning Market Insights

Ring spun segment to account a significant market share

Based on types, the market is segmented into ring spun, OE/rotor spun, core spun, air jet spun, frictional spun, and others. The ring spun segment is anticipated to account for a significant market share during the forecast period. On the other hand, the OE/rotor spun segment is expected to grow at a healthy rate in the projected timeline.

Apparels segment to grow at a steady rate

In terms of end-users, the global cotton spinning market is divided into apparels, home fashion, medical, and others. The apparels segment is anticipated to grow at a steady rate during the forecast period. Rising urbanization and change in the lifestyle of consumers has led to an increase in the demand for textiles, which is projected to drive the growth of the apparels segment. Additionally, growing awareness about product quality among consumers is projected to reflect positively on the growth of the apparels segment. Conversely, the medical segment is anticipated to account for a considerable market share owing to increasing adoption of cotton for the medical applications.

Asia Pacific to dominate the market share

On the basis of regions, the market is categorized as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to dominate the market during the forecast period. Some factors influencing the dominance of the region includes growing textile industry in emerging economies, such as China, India, Bangladesh, and Pakistan. The countries in the region have favorable climatic conditions for cotton production. This encourages cotton processors to invest in the cotton processing market in this region. Further, the rising awareness and hygiene concerns among consumers have given rise to the increasing use of processed cotton in hospitals and medical applications.

Segments

Segments Covered in the Report

The global cotton spinning market has been segmented on the basis of

Types

Ring Spun
OE/Rotor Spun
Core Spun
Air Jet Spun
Frictional Spun
Others

End-users

Apparels
Home Fashion
Medical
Others

Regions

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Key Players

Lummus Corp
Nipha exports Pvt Ltd.
Bajaj Group of Companies
Shandong Swan Cotton Industrial Machinery Stock Co.,
Cherokee Fabrication

Competitive Landscape

The major players of the market are Lummus Corp, Nipha exports Pvt Ltd, Bajaj Group of Companies Shandong Swan Cotton Industrial Machinery Stock Co., and Cherokee Fabrication.

Companies are focusing on increasing their presence through undertaking investments and expansions and developing products in regards to region. Moreover, they are increasing their production activity by partnering with local manufacturers to expand their market share.

Cotton Spinning Market Keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cotton Spinning Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cotton Spinning Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cotton Spinning Market - Supply Chain
  4.5. Global Cotton Spinning Market Forecast
     4.5.1. Cotton Spinning Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cotton Spinning Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Cotton Spinning Market Absolute $ Opportunity
5. Global Cotton Spinning Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cotton Spinning Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cotton Spinning Demand Share Forecast, 2019-2026
6. North America Cotton Spinning Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cotton Spinning Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cotton Spinning Demand Share Forecast, 2019-2026
7. Latin America Cotton Spinning Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cotton Spinning Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cotton Spinning Demand Share Forecast, 2019-2026
8. Europe Cotton Spinning Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cotton Spinning Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cotton Spinning Demand Share Forecast, 2019-2026
9. Asia Pacific Cotton Spinning Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cotton Spinning Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cotton Spinning Demand Share Forecast, 2019-2026
10. Middle East & Africa Cotton Spinning Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cotton Spinning Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cotton Spinning Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cotton Spinning Market: Market Share Analysis
  11.2. Cotton Spinning Distributors and Customers
  11.3. Cotton Spinning Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Lummus Corp
     11.4.2. Nipha exports Pvt Ltd.
     11.4.3. Bajaj Group of Companies
     11.4.4. Shandong Swan Cotton Industrial Machinery Stock Co.,
     11.4.5. Cherokee Fabrication