Cotton is also a very political crop since its importance is in the world exchange of many evolving countries. Cotton grows in nearly all tropical and subtropical regions around the world. Being fairly salt- and drought-tolerant makes cotton an appealing crop for the arid and semi-arid regions. Cotton has many other uses, across many different industries like in Woven Fabrics, Clothing, Bed Sheets and Towels, Home décor, Cottonseed Oil, Pharmaceuticals, etc.
India, China, Pakistan and United States are major producers of cotton worldwide. United States exports most of its cotton produce as it has less developed textile industry. Asian countries dominate the cotton production as well as they are also one of the biggest consumers of cotton. China, India, Pakistan, and Bangladesh are the largest cotton consumers worldwide, accounting for one of the highest global consumption. In recent years both countries Vietnam and Uzbekistan have also emerged as a major consumer of cotton.
Since many years, China and India have been the core markets for cotton consumption. In India, the supremacy of the textile sector exists, as it consumes most of the country's cotton. Similarly, considerable cotton exporters are the United States, Brazil and India. The core importers are China, Bangladesh and Vietnam. For the year 2020, Worldwide Cotton Market was US$ 38.54 Billion.
The Cotton Market's significant players are Unifi Inc, Weiqiao Textile Company Limited, Lu Thai Textile Co. Ltd., Gokak Mills, Vardhman Group, Damodar Group, Banswara Syntex Limited, Shri Vallabh Pittie Group, and Oswal Group
This latest report titled "Global Cotton Market & Volume by Consumption (China, India, Pakistan, Bangladesh, Turkey, Vietnam, Uzbekistan, Other), Production (India, China, United States, Brazil, Pakistan, Uzbekistan, Turkey, Other), Export (United States, Brazil, India, Australia, Benin, Greece, Cote d'Ivoire, Other) Import (China, Bangladesh, Vietnam, Turkey, Pakistan, Indonesia, India, Other), Company (Unifi Inc, Weiqiao Textile Company Limited, Lu Thai Textile Co. Ltd., Gokak Mills, Vardhman Group, Damodar Group, Banswara Syntex Limited, Shri Vallabh Pittie Group, and Oswal Group)" covers insights on Global Cotton Industry.
Cotton Consumption - Market & Volume breakup from 8 Country
- China
- India
- Pakistan
- Bangladesh
- Turkey
- Vietnam
- Uzbekistan
- Other
Cotton Producing Country - Volume breakup from 8 Country
- India
- China
- United States
- Brazil
- Pakistan
- Uzbekistan
- Turkey
- Other
Cotton Exporting Country - Volume breakup from 8 Country
- United States
- Brazil
- India
- Australia
- Benin
- Greece
- Cote d'Ivoire
- Other
Cotton Importing Country - Volume breakup from 8 Country
- China
- Bangladesh
- Vietnam
- Turkey
- Pakistan
- Indonesia
- India
- Other
All companies has been covered with 2 Viewpoints
- Overview
- Revenues
Company Analysis
- Unifi Inc
- Weiqiao Textile Company Limited
- Lu Thai Textile Co. Ltd.
- Gokak Mills
- Vardhman Group
- Damodar Group
- Banswara Syntex Limited
- Shri Vallabh Pittie Group
- Oswal Group
What is the estimated value of the Global Cotton Market?
What is the growth rate of the Global Cotton Market?
What is the forecasted size of the Global Cotton Market?
Who are the key companies in the Global Cotton Market?
| Report Attribute | Details |
|---|---|
| Published | February 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 38.54 Billion |
| Forecasted Market Value ( USD | $ 46.56 Billion |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
Table of Contents
Companies Mentioned
- Unifi Inc
- Weiqiao Textile Company Limited
- Lu Thai Textile Co. Ltd.
- Gokak Mills
- Vardhman Group
- Damodar Group
- Banswara Syntex Limited
- Shri Vallabh Pittie Group
- Oswal Group
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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