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The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)

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The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)

The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706 The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly. The market report includes: All-encompassing report of the market Critical insights into the market Dominant regions in the world Market drivers and restraints Competitive landscape COVID-19 impact Market Driver: Evolving Consumer Lifestyle to Influence Massive Growth The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans. COVID-19 Impact: Varied Effect of COVID-19 on the Beverage Cans Market The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic. Regional Analysis: Inclination towards Healthy Beverages to Boost Market in North America North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years. Key Development: July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually. The Report Lists the Key Companies in the Market: Ball Corporation (U.S.) Orora Packaging Australia Pty Ltd (Australia) Crown Holdings, Inc. (U.S.) Ardagh Group S.A. (Ireland) CANPACK S.A. (Poland) GZ Industries Ltd. (Nigeria) CPMC Holdings Ltd. (China) MSCANCO (Saudi Arabia) Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan) Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka) Universal Can Corporation (U.S.) Techpack Solutions (China) Baosteel Metal Co., Ltd. (China) Asia Packaging Industries (Vietnam) Silgan Holdings (U.S.) Other Key Players

The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)

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