Cotton Fabric and Yarn Manufacturing in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
1711Revenue
$440.5bn
Past 5-Year Growth
Profit
$XX.Xbn
Employees
3m
Businesses
12,583
Wages
$XX.Xbn
Cotton Fabric and Yarn Manufacturing in China industry analysis
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.Rising labor costs and fierce competition have resulted in industry firms moving their operations into middle and western China. Competition from other developing countries with lower labor costs are expected to significantly challenge the industry over the long term. In addition, rising raw materials and energy costs will continue limiting profit margins. Anticipated industry restructures are forecast to increase research investment and develop more value-added products. Industry revenue is projected to grow an annualized 5.1% over the five years through 2028, to $563.8 billion, driven by stable domestic and foreign market demand. However, increasing competition from external players – like cotton and chemical fiber dyers, and ramie, linen and hemp processors – will likely gradually lead prices to fall.
Trends and Insights
- Rising disposable income drives industry growth. This has increased clothing and home textile demand, thereby supporting yarn and cloth demand.
- Grey cloth is the largest product category in the industry. It is printed and then supplied to downstream manufacturers for ready-to-wear.
- East China is the most economically developed region in China. This gives companies in this region a range of advantages, including strong demand, complete supporting industries and easy access to foreign markets.
- Profits have been squeezed by higher costs. However, higher product prices have more than compensated for the increased costs in recent years.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 0.2 % over the past five years, to reach an estimated $440.5bn in 2024.
Trends and Insights
Growing downstream demand is driving the industry
- Domestic demand for fabric and cloth is expected to grow at an annualized 1.0% over the five years through 2023, to an anticipated $433.8 billion.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Industry revenue is forecast to increase
- Revenue over the next five years is a stronger growth rate compared with the past five years, this is largely due to the recovery from the COVID-19 pandemic and trade war.
Biggest companies in the Cotton Fabric and Yarn Manufacturing in China
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
|---|
There are no companies that hold a large enough market share in the Cotton Fabric and Yarn Manufacturing in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Grey cloth, Cotton yarn and Other. Grey cloth is the largest segment of the Cotton Fabric and Yarn Manufacturing in China.
Trends and Insights
The grey cloth is printed and supplied to the manufacturer
- Grey cloth refers to the natural cotton cloth for printing and dyeing processing.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Silk Fabric and Clothing Manufacturing
Complementors
- Apparel Manufacturing in China
- Baby Product Manufacturing in China
International industries
- Textile Mills in the US
- Textile Mills in Canada
- Synthetic and Natural Textile Manufacturing in Australia
- Textile Weaving & Finishing in the UK
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Grey clothCotton yarnSewing thread and othersCompanies
Purchase this report to view all major companies in this industry.
Related Terms
GREIGE CLOTHYARNTHREADPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Rising disposable income drives industry growth. This has increased clothing and home textile demand, thereby supporting yarn and cloth demand.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Grey cloth is the largest product category in the industry. It is printed and then supplied to downstream manufacturers for ready-to-wear.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
East China is the most economically developed region in China. This gives companies in this region a range of advantages, including strong demand, complete supporting industr...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Profits have been squeezed by higher costs. However, higher product prices have more than compensated for the increased costs in recent years.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Brand strength is important to win customer trust. Manufacturers can attract customers by developing brand culture, creating high-quality products, establishing a well-known ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Growing downstream buyer markets are helping the industry to expand. The demand for clothing has recovered as residents returned to normal life after the COVID-19 outbreak.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Price is a very important demand determinant. High prices affect industry production costs and downstream industries.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Cotton Fabric and Yarn Manufacturing industry in China in 2024?
The market size of the Cotton Fabric and Yarn Manufacturing industry in China is $440.5bn in 2024.
How many businesses are there in the Cotton Fabric and Yarn Manufacturing in China industry in 2024?
There are 12,583 businesses in the Cotton Fabric and Yarn Manufacturing industry in China, which has grown at a CAGR of 0.4 % between 2019 and 2024.
Has the Cotton Fabric and Yarn Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Cotton Fabric and Yarn Manufacturing industry in China has been declining at a CAGR of 0.2 % between 2019 and 2024.
What is the forecast growth of the Cotton Fabric and Yarn Manufacturing industry in China over the next 5 years?
Over the next five years, the Cotton Fabric and Yarn Manufacturing industry in China is expected to grow.
What does the Cotton Fabric and Yarn Manufacturing in China include?
Grey cloth and Cotton yarn are part of the Cotton Fabric and Yarn Manufacturing industry.
How competitive is the Cotton Fabric and Yarn Manufacturing industry in China?
The level of competition is high and steady in the Cotton Fabric and Yarn Manufacturing industry in China.
