South Korea Cotton Yarn Market Size, Share, and COVID-19 Impact Analysis, By Type (Carded Yarn, Combed Yarn, and Others), By Application (Apparel, Home Textiles, Industrial Textiles, and Other), and South Korea Cotton Yarn Market Insights, Industry Trend, Forecasts to 2035
Industry: Chemicals & MaterialsSouth Korea Cotton Yarn Market Insights Forecasts to 2035
- The South Korea Cotton Yarn Market Size was Estimated at USD 1.4 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 7.56% from 2025 to 2035
- The South Korea Cotton Yarn Market Size is Expected to Reach USD 3.12 Billion by 2035
Get more details on this report -
According to a research report published by Spherical Insights & Consulting, The South Korea Cotton Yarn Market Size is anticipated to reach USD 3.12 Billion by 2035, growing at a CAGR of 7.56% from 2025 to 2035. Driven by growing consumer demand for environmentally friendly and sustainable textiles, bolstered by government programs encouraging the use of organic cotton and lowering textile industry pollution.
Market Overview
The South Korea cotton yarn market refers to the domestic industry that produces, distributes, and exports yarn spun from cotton fibers for use mainly in clothing, home textiles, and industrial applications is known as the South Korea cotton yarn market. Additionally, there are opportunities to research in the South Korean market, especially in the fields of innovation and technology. Companies now have the chance to produce high-performance cotton yarns that are suited to specialized markets, such as activewear and functional clothing, due to the development of smart textiles and improved manufacturing techniques. In addition, the government is promoting research and development in the textile sector. South Korea has become a regional hub for the production of premium cotton yarn as a result of this. South Korea has seen a sharp rise in demand in recent years for goods that blend fashion and functionality. Moreover, customizing cotton textile products has become increasingly popular as a result. Currently, vendors are providing personalized cotton yarn solutions in response to the local market's desire for unique and customized goods. Further, the growth of internet platforms has made it possible for small producers and craft consumers to reach a wider audience, creating a competitive landscape that challenges established merchants. The combination of these trends has an impact on the current dynamics of the South Korean cotton yarn market, indicating a shift toward more inventive, sustainable, and customized textile solutions.
Report Coverage
This research report categorizes the market for the South Korea cotton yarn market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cotton yarn market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cotton yarn market.
South Korea Cotton Yarn Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1.4 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 7.56% |
2035 Value Projection: | USD 3.12 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 192 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Type and By Application |
Companies covered:: | Fabricis, Kumho Textile Co. Ltd., DAE Won Textile, Kunyoung Textile Co. Ltd., Good Trust Co. Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The demand for sustainable textiles is significantly increasing in the South Korean cotton yarn market industry. Growing consumer awareness of environmental issues is a significant factor fueling this demand. About 65% of South Korean consumers favor products made from organic materials, according to the country's Ministry of Environment. Lifestyle shifts and consumers' increasing desire to lessen their carbon footprint are the main drivers of this trend. The South Korean government has started a number of initiatives to encourage the production of textiles using sustainable materials, such as cotton yarn. Additionally, the market for cotton yarn is also expected to grow as a result of the rise in sustainable brands that are appearing in the area, according to textile industry associations. This change signals a growing market segment that prefers eco-friendly products, which will drive future market growth in this industry. It also gives manufacturers who follow sustainable practices a competitive edge.
Restraining Factors
Production costs are rising as a result of rising wages and a decrease in the supply of skilled labor in South Korea's textile sector. Given this, domestic cotton yarn manufacturers find it challenging to compete with nations like Vietnam and India, where labor is more plentiful and much less expensive.
Market Segmentation
The South Korea cotton yarn market share is classified into type and application.
- The carded yarn segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cotton yarn market is segmented by type into carded yarn, combed yarn, and others. Among these, the carded yarn segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. since of its affordability and versatility, carded yarn is still a popular option and is frequently used to create a variety of textile products. Much of South Korea's textile production, which is marketed to both domestic producers and foreign consumers, is based on this specific kind of yarn.
- The apparel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cotton yarn market is segmented by application into apparel, home textiles, industrial textiles, and other. Among these, the apparel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growing consumer demand for comfortable and eco-friendly clothing options is fueling the apparel segment's continued dominance. The growing popularity of eco-friendly textiles and the desire for breathable materials, which improve clothing performance, are factors supporting this trend.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cotton yarn market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Fabricis
- Kumho Textile Co. Ltd.
- DAE Won Textile
- Kunyoung Textile Co. Ltd.
- Good Trust Co. Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Cotton Yarn Market based on the below-mentioned segments:
South Korea Cotton Yarn Market, By Type
- Carded Yarn
- Combed Yarn
- Others
South Korea Cotton Yarn Market, By Application
- Apparel
- Home Textiles
- Industrial Textiles
- Other
Need help to buy this report?