Cotton Spinning Market 2019 Industry Size, Share, Impacting Growth, Growing Demand, Revenue and Forecast 2025
The global Cotton Spinning market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019–2025.
Cotton spinning is the process of twisting strands of cotton fibers to form a yarn, which is used to make apparels and other end-user products.
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This report focuses on Cotton Spinning volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cotton Spinning market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
The lint segment is estimated to account for the largest share of the cotton processing market in 2018. Lint is the fiber separated from cotton seeds through the ginning process. The rise in urbanization and change in the lifestyle of consumers have led to an increase in the demand for textiles, which, in turn, is projected to drive the growth of the lint segment further. In addition to this, the growing awareness about product quality among consumers is projected to reflect positively on the growth of the cotton processing market in the coming years.
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On the basis of application, the cotton processing market is segmented into textiles, medical & surgical, feed, consumer goods, and others. The textiles segment is projected to be the fastest-growing segment in the cotton processing market from 2018 to 2023. This is due to the rising per capita income and changing preferences of consumers, which is driving the market growth. Moreover, increasing investments and policy support by the governments have also fueled the growth of the textile industry in countries such as India and China.
Key Players identified in cotton processing market include -Lummus Corp (US), Bajaj Steel Industries Limited (India), Nipha Exports Private Limited (India), Shandong Swan Cotton Industrial Machinery Stock Co., Ltd. (China), Cherokee Fabrication (US), Reiter (Switzerland), and Toyota Industries (Japan). Key players are focusing on increasing their presence through undertaking investments and expansions and developing products specific to consumer preferences in these regions. These companies have a strong presence in Asia Pacific and North America.
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In November 2018, Rieter (Switzerland) upgraded its end spinning product portfolio by introducing spinning machines, G 37 and G 38. The company also introduced two new compact-spinning machines, K 47 and K 48. This would strengthen the company’s product portfolio.
In May 2018, Swiss Rieter AG company, a subsidiary of Rieter, collaborated with Uzbek Textile Industry Association (Uzbekistan) and launched a textile engineering project. With this collaboration, Rieter AG would supply Uzbekistan with the latest model of the Airjet spinning equipment.
In April 2017, Rieter (Switzerland) opened a service branch in Kahramanmaraº, Turkey, to provide a better service to its customers in Southeast Turkey.
In November 2017, Bajaj Steel Industries Limited (India) received a contract of opening three cotton ginning factories from Cotton, Spinning, Weaving and Garments Holding Company (Egypt). This factory would be based on rotobar ginning technology and would help Bajaj steel to expand its business in Egypt.
In April 2015, Rieter (Switzerland) launched an Application and Research Centre for Spinning Technology in China. This expansion would strengthen its position in the Chinese textile industry.
In 2013, Shandong Swan Cotton Industrial Machinery Stock Co., Ltd. (China) shifted its headquarters to Jinan Yaoshan Industrial Park for better operation administration of the company, as this would increase its efficiency to connect with its other subsidiaries.
Segment by Type
Air Jet Spun
Segment by Application
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