Cotton Fabric and Yarn Manufacturing in China
The Cotton Fabric and Yarn Manufacturing industry in China is expected to decline an annualized 0.2% over the five years through 2023, to an expected $440.5 billion. This includes an anticipated 4.4% decrease in the current year. The economy rebounded the government's stimulus package led to substantial cotton fabric and yarn product demand growth. However, the cancellation of the country's three-year cotton storage policy led to a sharp decrease in cotton prices since 2016. The triple pressure of industry demand contraction, supply shock, and weakening expectations in recent years has significantly increased the complexity, severity, and uncertainty of the industry development environment, affected by factors including geopolitical turmoil and the increasing downside risk of the world economy.
The Cotton Fabric and Yarn Manufacturing Industry of China is engaged in spinning yarn and weaving cloth using cottons and synthetic fibers. The industry’s main products are cotton yarn, blended yarn, synthetic fiber yarn, cotton cloth, blended interwoven cloth, chemical fiber cloth, yarn-dyed greige cloth, cotton sewing thread and synthetic sewing thread.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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