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Current situation analysis of Chinese yarn-spinning industry
Release date: [12:15:25]  Read total [253] times

Color spinning yarn is a kind of yarn which is dyed and blended with other colored fibers. Since entering the Chinese market in the early 1990s, color spinning has developed rapidly because of the profit advantage of high value-added and the downstream demand for continuous increase. In recent years, the output of yarn in our country has been gradually decreasing with the shift of textile industry, but the overall demand for color spinning is rising based on the strong growth of terminal demand.

Industry profile

China is currently the world's largest producer of yarns. According to the China Cotton Textile Industry Association, by the end of 2020, domestic enterprises' yarns production capacity has exceeded 1 million ingot, accounting for more than 90% of the global total. Our color spinning industry not only has a huge scale advantage, but also the product is in line with the future trends of textile fashion and environmental protection. Although the production capacity of color spinning only accounts for 8% of the yarn production capacity, the development prospects can not be underestimated. According to the statistics of China Commerce Industry Research Institute, the market scale of fast fashion and sports in China will be about 330 billion yuan and 133.6 billion yuan in 2020. The market penetration rate of color spinning is expected to continue to rise due to the gradual expansion of the market share of medium and high-end textiles and the continuous exploitation of the consumption potential of downstream customers.

Major production enterprise

Our yarn-spinning production area is all over the country. At present, the top three provinces in yarn-spinning production capacity are Jiangsu, Zhejiang and Shandong, including Huafu Fashion Co., LTD., Blum Oriental Co., LTD., Jiangsu Tianhua Yarn Industry Group and Shandong Ruyi Group, which are four major yarn-spinning enterprises. With the expansion of the scale of the textile industry cluster, the production area covers Xinjiang, Anhui, Henan and other areas, there have emerged many small and medium-sized color spinning enterprises with a production capacity of 30,000 ~ 50,000 ingot, and there is no shortage of cotton spinning enterprises to add color spinning workshop to achieve high quality yarn products and variety. In recent years, the development of many outstanding color yarn enterprises, such as Jiangyin Meilon, Jiangsu Connie, Shandong Lianrun, Huzhou Weida, has also accelerated the overall competitiveness of the color spinning industry.

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