Cotton Market Growth, Trends, Covid-19 Impact, And Forecasts (2023 - 2029)

Market Overview:
The Global Cotton Market Is Expected To Grow At A Significant Growth Rate, And The Analysis Period Is 2022-2028, Considering The Base Year As 2021.

Cotton is staple fiber that grows around the seeds of the cotton plants, cotton is a perennial crop that needs a lot of sunlight and is harvested in moderate rainfall and during a frost-free period. Cotton is an attractive crop for the arid and semi-arid regions. Cotton is majorly used in textile industries and the seeds of cotton are of great use to extract cooking oil. Cotton seed has an oil-bearing kernel surrounded by hull similar to other oilseeds such as sunflower seed from which oil can be extracted.

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Market Dynamics:

Driver:
The largest cotton consumers in the world, making up more than 65.0% of total consumption, are China, India, Pakistan, and Bangladesh. China and India have long been the two biggest markets for cotton consumption. However, Uzbekistan and Vietnam have seen a sharp rise in cotton consumption in recent years. Despite the COVID-19 epidemic, output and consumption in March 2021 remained roughly equal, with 24.3 million metric tonnes produced and 24.8 million metric tonnes consumed.

Opportunities:
Since organic cotton is antimicrobial and offers mild UV protection, it has additional advantages for usage in packaging and medical settings. These characteristics provide built-in defense against outside influences, negating the need for synthetic chemicals utilized in textile applications. Organic packaging has more options as a result of the growing trend toward using sustainable packaging alternatives to replace conventional plastic packaging. Medical professionals' busy schedules make it difficult for them to take good care of their skin and bodies, and using synthetic face masks frequently might result in rashes on the face. Increasing uses in the medical sector, where they are utilized as face masks, gowns, and caps, are a result of the product's rising benefits. Together, the aforementioned elements are accelerating the market expansion for organic cotton.

The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis

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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation
By Type
• Upland Cotton (Gossypium Hirsutum)
• Egyptian Cotton (Gossypium Barbadense)

By Application
• Cotton Fibre
• Cottonseed
• Cottonseed Oil

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Regional Analysis Of Cotton Market:
Asia Pacific dominates the market for Global Cotton Production and Sales. China and India are the largest producers of the cotton accounting for nearly 50% of the share globally and around 70% of share in total production of Asia Pacific. Other large producers include U.S., but due to poor development of textile industries in countries like U.S. other major cotton producing Asian countries like China are gripping on the market. Asia-Pacific region also leads in the global textile yarn manufacturing, fashioning itself as a leading textile industry globally. Other countries like Australia are also the leading exporter of cotton in the Asia-Pacific region exporting cotton to major consuming nations like China, Vietnam, India, Bangladesh and others.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA

Key Players for the Global Cotton Market:
• Allenberg (USA)
• Olam International (Singapore)
• Dunavant Enterprises (USA)
• Cargill(USA)
• Trelleborg Engineered Coated Fabrics (USA)
• Plexus Cotton Ltd (UK)
• Plains Cotton Growers Cooperative (USA)
• Noble Group (Hong Kong)
• Staplcotton Cooperative (USA)
• Calcot Cotton Cooperative (USA) and Other Major Players

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Key Industry Developments in the Global Cotton Market:
In December 2021, leading global food and agri-business, Olam International Limited ("Olam'') has secured a US$150 million loan to purchase sustainable cotton under the Better Cotton Initiative ("BCI").

Report includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures And Statues?
• What are the opportunities that shall aid in significant proliferation of the market growth?
• What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?

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