Global Cotton Processing Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 76.43 Billion |
Market Size (Forecast Year) |
USD 121.81 Billion |
CAGR |
|
Major Markets Players |
Global Cotton Processing Market, By Product Type (Lint, Cottonseed, Others), Equipment (Ginning, Spinning), Operation (Automatic, Semi-Automatic), Application (Textiles, Medical and Surgical, Feed, Consumer Goods, Others) – Industry Trends and Forecast to 2029.
Cotton Processing Market Analysis and Size
Cotton has played a vital role in industrial evolution that began in the eighteenth century. It is also important in the textile industry as a global raw material. In India, the supremacy of cotton sector exist, as it consumes the greatest amount of cotton. The largest cotton exporters are India, U.S. and Brazil. The largest importers are china, U.S. and others.
Data Bridge Market Research analyses that the cotton processing market was valued at USD 76.43 billion in 2021 and is expected to reach USD 121.81 billion by 2029, registering a CAGR of 6.00% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cotton Processing Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 - 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Product Type (Lint, Cottonseed, Others), Equipment (Ginning, Spinning), Operation (Automatic, Semi-Automatic), Application (Textiles, Medical and Surgical, Feed, Consumer Goods, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Lummus Corporation (U.S.), Bajaj Steel Industries (India), NIPHA EXPORTS PRIVATE LIMITED (India), Shandong Swan Cotton Industrial Machinery Stock Co. (China), Cherokee Fabrication (U.S.), Rieter (Switzerland), TOYOTA INDUSTRIES CORPORATION. (Japan), Mitsun Engineering (India), BALKAN S.A. (India), Camozzi Automation S.p.A. (Italy), Oswal Industries Limited (India), Uzbek Textile (Uzbekistan), Luthai Textile (China), Unifi, Inc. (U.S.), Vardhman Group of Companies (India) |
Market Opportunities |
|
Market Definition
The cotton processing refers to the process in which the cotton is processed or vacuumed into tubular structures to reduce the moisture and enhance fibre quality. This process is widely used in various applications such as textiles, surgical and others.
Global Cotton Processing Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Surging Usage Across Medical Sector
The increasing awareness about the benefits associated with cotton will enhance the market’s growth rate. The rising usage of cotton across the medical sector is the primary factor driving the growth of the market. Surgical cotton is also known as te absorbent cotton or cotton wool. They are mainly used for various medical purposes, such as hospitals, dispensaries and others, because of its high fluid absorbency. Apart from used as a dressing material, it is also used for padding for items of clothing, quilts etc. These factors and applications are growing the demand of cotton over the medical sector.
- Rising Hygiene Practices
The rising urbanization and increasing level of disposable income will drive market value growth. Also, increasing infrastructure investments and growing use of cotton due to the rising awareness regarding hygiene benefits after the pandemic will propel the market's growth rate. Another significant factor influencing the market’s growth rate is the growing health consciousness among people.
Opportunities
- Increase In Research And Development Activities
The surging number of research and development activities will boost new market opportunities for the market’s growth rate. Cotton can be an important food source for humans and animal. It comprises of 40% fibre and 60% seed by weight. Cottonseed is obtained from cotton which is rich in oil and high protein and is also a common ingredient in cookies, potato chips, salad dressings and baked goods. Moreover, the rising regulations regarding the use of pesticides on cotton have increased the sales and demands for the organic cotton which have boosted the growth of the market. Additionally, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate.
Restraints/ Challenges
- Lowered export rates
The lowered export rates of cotton across the globe, majorly U.S. is the major factor obstructing the growth of the market over the forecasted period. According to the U.S. export and import records, the exports have fallen from 3.7% to 13.7%, which is the major downfall of the cotton sales over the past seven years.
- High costs
The high costs of investments and manufacturing plants along with the equipment related to the infrastructures will act as market restraint and further challenge the market growth rate.
This cotton processing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cotton processing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Cotton Processing Market
Since its emergence in December 2019, the COVID-19 virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. The COVID-19 pandemic had a severe impact on the bamboo market's growth. The coronavirus pandemic has prompted the imposition of lockdown in various nations, causing the supply chain to be disrupted. As a result, the spread of pandemics has hindered market growth. The market will grow, owing to the rising demands for the processed cotton, especially from the cotton textile and medical and surgical markets. Additionally, the rise in urbanization and change in the lifestyle of consumers has led to an increase in the demands for the market during the post-covid era.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Cotton Processing Market Scope
The cotton processing market is segmented on the basis of product type, equipment, operation and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Lint
- Cottonseed
- Others
Equipment
- Ginning
- Spinning
Operation
- Automatic
- Semi-Automatic
Application
- Textiles
- Medical and Surgical
- Feed
- Consumer Goods
- Others
Cotton Processing Market Regional Analysis/Insights
The cotton processing market is analyzed and market size insights and trends are provided by product type, equipment, operation and application as referenced above.
The countries covered in the cotton processing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the cotton processing market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing textile, consumer goods and feeding industry.
North America is expected to grow over the forecasted period of 2022-2029, due to the rising technological advanced to increase productivity and the rising prevalence of several market players within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cotton Processing Market Share Analysis
The cotton processing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cotton processing market.
Some of the major players operating in the cotton processing market are:
- Lummus Corporation (U.S.)
- Bajaj Steel Industries (India)
- NIPHA EXPORTS PRIVATE LIMITED (India)
- Shandong Swan Cotton Industrial Machinery Stock Co. (China)
- Cherokee Fabrication (U.S.)
- Rieter (Switzerland)
- TOYOTA INDUSTRIES CORPORATION. (Japan)
- Mitsun Engineering (India)
- BALKAN S.A. (India)
- Camozzi Automation S.p.A. (Italy)
- Oswal Industries Limited (India)
- Uzbek Textile (Uzbekistan)
- Luthai Textile (China)
- Unifi, Inc. (U.S.)
- Vardhman Group of Companies (India)
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.