Current situation and prospect of color spinning yarn industry: the penetration rate of cotton textile industry continues to increase, and the market scale expands

First, overview of the color spinning industry
Color spinning yarn is the first fiber dyeing, and then two or more different colors of fibers are fully mixed to make a unique color mixing effect of yarn. According to the different fibers spun into color spun yarn, color spun yarn can be divided into pure cotton color spun yarn, blended color spun yarn, pure chemical fiber color spun yarn, recycled chemical fiber color spun yarn and mixed with more than three different raw material fibers. According to the different color of the finished product, the color spun yarn can be divided into color spun yarn and hemp gray spun yarn. The yarns which are dyed first and then blended with the primary fibers have obvious advantages in energy saving, emission reduction and environmental protection. The dyeing process of color spun yarn is unique, which has high technical content in fiber dyeing, color matching and multi-fiber blending, and has certain technical barriers.
Second, China's color spinning industry related policies
In recent years, the state and relevant departments have issued a series of policies and regulations to support the development of the textile industry. The implementation of various industrial policies has laid a good policy environment for the development of the industry, and has made clear guidance from the aspects of the industry's development goals, growth rate, industry norms, key development directions, technical means and downstream key application areas, which is conducive to promoting the healthy and rapid development of the overall industry. In 2022, the China Cotton Textile Industry Association issued the "14th Five-Year" Development Guidelines for the Cotton Textile Industry, which proposed that on the basis of existing research, the system algorithm should be continuously optimized to improve the accuracy of color measurement and color matching, so as to adapt to the requirements of color spinning and yarn-weaving, and expand the scope of application in the industry. The color measurement and color matching technology is mainly applied in the enterprises of color spinning and yarn-weaving.
Third, color spinning industry chain
The upstream industry of color spinning yarn industry is mainly cotton and chemical fiber manufacturing industry, the upstream products are mainly cotton, a small amount of chemical fiber as a supplement; The downstream of the color spinning industry is mainly the clothing industry, and its downstream terminal demand is affected by the improvement of people's living standards, the change of consumption habits and disposable income.
The industrial chain of color spun yarn takes the processing and production of color spun yarn as the core chain link, extending upward to raw cotton planting, chemical fiber synthesis and other raw material supply industries, and expanding downward to the end product OEM and consumer industries. 80% of the raw materials of color spinning yarn are cotton, and the rest are other natural fibers and chemical fibers. China is the world's second largest cotton producer, Xinjiang is China's largest cotton production, according to statistics, as of 2022, China's cotton output of 5980200 tons, an increase of 4.35%. From the perspective of China's yarn production, China's yarn production in 2022 is 27.191 million tons, down 5.38% year-on-year.
Related report: Analysis Report on Market Dynamics and Development Trend of China's Color Spinning Industry in 2023-2029 released by Zhiyan Consulting
Fourth, China's color spinning industry development status analysis
China's color spinning yarn production area all over the country. At present, the top three provinces of color spinning production capacity are Jiangsu, Zhejiang and Shandong, according to statistics, as of 2022, China's color spinning output is about 1.771 million tons; Color spun yarn is a kind of yarn with mixed color effect, which is spun by mixing other colored fibers with dyed fibers. Since entering China's market in the early 1990s, color spun yarn has developed rapidly due to its high value-added profit advantage and continuously increasing downstream demand. In recent years, China's yarn production has gradually declined with the transfer of the textile industry, but the overall demand for color spun yarn continues to rise based on the strong growth of terminal demand, according to statistics, as of 2022, China's demand for color spun yarn is about 1.619 million tons.
At present, the color spun yarn knitted fabric has been recognized by foreign consumers, and the domestic consumer group continues to grow, so the needle and cotton textile industry on the color spun yarn demand gradually increased, while the color spun yarn enterprises to expand the scale of production, improve production efficiency, color spun yarn varieties gradually increased, the quality significantly improved, the development prospects are good, in recent years, China's color spun yarn market scale overall growth, As of 2022, the market size is about 55.526 billion yuan, and the gradual expansion of the market share of high-end textiles and the continuous exploitation of the consumption potential of downstream customers make the penetration rate of the color spun yarn market is expected to continue to rise.
5. Key enterprises in China's color spinning industry
From the perspective of production capacity and regional distribution, China's color spinning yarn production area is all over the country. At present, Zhejiang, Jiangsu and Shandong are the top three provinces in color spinning production capacity and the number of enterprises. First, because Zhejiang, Jiangsu and Shandong concentrated more than 80% of China's color spinning enterprises, the demand for color spinning capacity is large. Among them, the quantity advantage of color spinning enterprises in Jiangsu Province stems from the industrial cluster of Xiangshui County. Zhejiang, Jiangsu, Shandong brought together Huafu Fashion, Blum Oriental, Tianhua yarn industry, Ruyi Technology and other four major Chinese yarn production enterprises and nearly 70 high-tech and technology-oriented enterprises, with the most advanced color spinning technology in China. Among them, Zhejiang Province is the leading province of color spinning technology in China, and the coverage rate of technology-oriented enterprises is as high as 37%. Therefore, under the leadership of many key enterprises, color spinning technology can continue to optimize and innovate, and promote further growth of color spinning production capacity.
Although China entered the color spinning industry late, but after years of development, domestic enterprises with the advantages of products have gradually dominated the global market, according to statistics, China's color spinning yarn has occupied nearly 90% of the global market. At present, China's color spinning industry presents a dual oligopoly situation, the two major enterprises are Blum Oriental and Huafu fashion. In 2022, the complex development situation at home and abroad, the fluctuation and contraction of the manufacturing industry, the impact of risk factors such as consumer confidence and market expectations, the economic operation of the textile industry continues to be under pressure, the growth rate of production and sales has slowed down slightly, and the profit level has declined year-on-year. According to statistics, in 2022, Huafu fashion's operating income was 14.46 billion yuan, down 13.46% year-on-year, of which yarn business income was 5.977 billion yuan, down 9.85% year-on-year; In 2022, Blum Oriental's operating income was 6.989 billion yuan, down 10.1% year-on-year, of which the color spinning business income was 3.631 billion yuan, down 24.9% year-on-year.
Although China entered the color spinning industry late, but after years of development, domestic enterprises with the advantages of products have gradually dominated the global market, according to statistics, China's color spinning yarn has occupied nearly 90% of the global market. At present, China's color spinning industry presents a dual oligopoly situation, the two major enterprises are Blum Oriental and Huafu fashion. In 2022, the complex development situation at home and abroad, the fluctuation and contraction of the manufacturing industry, the impact of risk factors such as consumer confidence and market expectations, the economic operation of the textile industry continues to be under pressure, the growth rate of production and sales has slowed down slightly, and the profit level has declined year-on-year. According to statistics, in 2022, Huafu fashion's operating income was 14.46 billion yuan, down 13.46% year-on-year, of which yarn business income was 5.977 billion yuan, down 9.85% year-on-year; In 2022, Blum Oriental's operating income was 6.989 billion yuan, down 10.1% year-on-year, of which the color spinning business income was 3.631 billion yuan, down 24.9% year-on-year.
Vi. Prospects of China's color spinning industry
In the past 30 years, due to the rapid development of spinning technology, intelligent, continuous, high-efficiency and other spinning process equipment has been widely promoted and applied, but the current application of the above advanced equipment lags behind the color spinning enterprises, and the gap with the natural yarn has further widened, and its production varieties and application range have been far behind the natural yarn. The production of yarn characteristic number is high, the application scope is narrow (knitting yarn), due to the process technology and equipment on the platform, raw materials and energy consumption is more than the natural yarn, and because the spinning process equipment is lagging behind the production of natural yarn, so the labor is also more. In order to keep up with the development of spinning process equipment, technological innovation and product innovation must be carried out in the production of color spun yarn. In the aspect of technological innovation, we should actively adopt advanced spinning technology and equipment, and change the traditional spinning technology of light weight, slow speed and multi-process. In terms of product innovation, it is necessary to further increase the proportion of various fiber raw materials, give full play to the excellent characteristics of various fibers, change the defects in the performance of a single raw material, and integrate the production technology of fancy yarn, graft semi-worsted process, so that the quality and grade of color spun yarn can be further improved, the product application field can be further expanded, and the road of sustainable development can be embarked on.
This report starts from the perspective of the development environment, overall operation situation, operation status, import and export, and competition pattern of the national color spinning industry in 2022, systematically and objectively analyzes the development and operation of China's color spinning industry, and looks forward to the development trend of China's color spinning industry in 2023. The Report is a work that systematically analyzes the development status of China's color spinning industry in 2022, which has important reference value for comprehensively understanding the development status of China's color spinning industry and carrying out academic research and practice related to the development of the color spinning industry, and can be read by relevant personnel engaged in the government departments, scientific research institutions and industrial enterprises related to the color spinning industry.
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