Global Cotton Market Size By Type (Small and Medium Fields, Large Fields), By Application (Cotton Fiber, Cottonseed, Cottonseed Oil), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Cotton Market Size And Forecast

Cotton Market size was valued at USD 38.40 Billion in 2022 and is projected to reach USD 48.97 Billion by 2030, growing at a CAGR of 2.74% from 2023 to 2030.

With the growth of global textile mills and the apparel manufacturing market, the cotton industry is witnessing an extremely significant upsurge. Consumers’ tastes and preferences are driving the growth of the Cotton Market worldwide. The Global Cotton Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Cotton Market Definition

The Cotton Market is accounting for one-third of total fibers manufactured worldwide as it is the most utilized natural fiber in textiles. Cotton is an export crop even though its processing takes place mostly in the main producing countries like China and India. Cotton is a soft natural fiber that grows on shrubs in tropical and subtropical regions around the world. Cotton is a staple in the textiles industry and India is the largest cotton producer in the world.

Knitted or woven into many types of fabrics that are used to make cloth and other household items. It’s utilized in other varied products that include coffee filters, archival papers, fishnets, and bookbinding. Cotton is classified into various categories such as Levant cotton, extra-long-staple cotton, upland cotton, and tree cotton. Cotton is also utilized in the form of cooking oil along with cottonseed which is used in many consumer products, moreover products like emulsifiers, pharmaceuticals, soap, plastics margarine rubber, cosmetics, and so on. X-rays, Swabs, Bandages, and Banknotes are some of the products in which Linters are used.

Global Cotton Market Overview

Consumers’ tastes and preferences are driving the growth of the Cotton Market worldwide. There has been a switch in consumer preference for acid-based crude oil polyester, and the desire for a pollution-free fiber. Thus, the price competition has shifted toward cotton polyester and cotton. It has led to a decrease in polyester manufacturing as it was causing water and air pollution.

The market's been growing, largely thanks to a thriving economy that's boosted demand. But when things slow down, we see less demand for cotton and the stuff we make from it, like shirts and jeans. Plus, polyester is a popular, cheaper alternative. Even though we're growing more cotton worldwide, which should help the market, wacky weather – you know, not enough rain – messes with the supply and demand, causing prices to jump around. Think about itcotton needs 27-50 inches of water a year! That's why it's tough to grow it outside its sweet spot (the subtropics). It also loves sunshine, fertile soil, and absolutely no frost. Basically, it's a bit of a diva.

Global Cotton MarketSegmentation Analysis

The Global Cotton Market is Segmented on the basis of Type, Application, and Geography.

Cotton Market, By Type

  • Small and Medium Fields
  • Large Fields

Based on Type, the market is bifurcated into Small and Medium fields and Large fields.

Cotton Market, By Application

  • Cotton Fiber
  • Cottonseed
  • Cottonseed Oil

Based on Application, the market is bifurcated into Cotton Fiber, Cottonseed, and Cottonseed Oil.

Cotton Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, The Global Cotton Market is bifurcated into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Cotton Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Loyal Textiles Mills Ltd, Unifi Inc., Bombay Dyeing, Weiqiao Textile Company Limited, Fazal Group, Cotton Corporation of India, Lu Thai Textile Co. Ltd., Oswal Group, Gokak Mills, Vardhman Group. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

Report AttributesDetails
Study Period

2019-2030

Base Year

2022

Forecast Period

2023-2030

Historical Period

2019-2021

Unit

Value (USD Billion)

Key Companies Profiled

Loyal Textiles Mills Ltd, Unifi Inc., Bombay Dyeing, Weiqiao Textile Company Limited, Fazal Group, Cotton Corporation of India, Lu Thai Textile Co. Ltd., Oswal Group, Gokak Mills, Vardhman Group.

Segments Covered
  • By Type
  • By Application
  • By Geography
Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

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Reasons to Purchase this Report

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