Cotton Market to grow by USD 8.7 Billion from 2025 to 2029 Driven by economic growth and livelihood support, Report on AI's impact on market evolution - Technavio technavio
NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The cotton market and it is set to grow by USD 8.7 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of almost 3.2% during the forecast period, according to Technavio. The cotton market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Ambika Cotton Mills Ltd., Asha Cotton Industries, Banswara Syntex Ltd., Carr Textile, Damodar Group, Fazal Cloth Mills Ltd., Hengli Group Co. Ltd., Huafu Fashion Co. Ltd., Loyal Textile Mills Ltd., Lu Thai Textile Co. Ltd., Oswal Group, Shri Vallabh Pittie Group, Sintex Industries Ltd., Sutlej Textiles and Industries Ltd., The Bombay Dyeing and Manufacturing Co. Ltd., The Lakshmi Mills Co. Ltd., Trident Ltd., Unifi Inc., Vardhman Textile Ltd., and Weiqiao Textile Co. Ltd. Are some of the major market participants -. To know about the vendor offerings -Request a sample report
Cotton Market 2025-2029: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cotton market report covers the following areas:
- Cotton Market Size
- Cotton Market Trends
- Cotton Market Industry Analysis
- Porter's Five Forces Analysis
- Customer Landscape
The cotton market is fragmented, and the degree of fragmentation will accelerate. The supports economic growth and source of livelihood will offer immense growth opportunities. However, the Overconsumption of water due to poor management and water pollution will hamper the market growth
Cotton Market 2025-2029: Drivers & Challenges
The Cotton Market is a significant global industry driven by various factors. Cotton producers play a crucial role in supplying raw fibers to textile mills. In turn, these mills produce cotton yarn and textile products for apparel manufacturing markets. Export demand is another key driver, with countries like China and Pakistan leading in cotton exports. Cotton is used to make various textile products, including garments, home furnishings, medical dressings, and more. The consumption of cotton is vast, with over 100 metric tons produced annually. Producers and mills face price volatility in the cotton markets due to OTC futures and options-based solutions. To manage risk and ensure long-term profitability, consulting and advisory services offer strategic edge through century-long expertise. With flexibility and OTC trading, market participants can adapt to the fluctuating cotton market and maintain margins.
The Cotton Market faces consistent challenges in achieving stable margins due to volatile markets. Trading in commodities markets can be intense, with real-time data and market intelligence essential for making informed decisions. Global professionals in the industry must navigate weather conditions, government policy, and currency fluctuations, which add uncertainty and threaten cash flow. Cotton producers and global textile mills, as well as apparel manufacturing markets, rely on a steady supply of high-quality cotton fibers. Export demand for cotton yarn, textile products, and raw cotton is crucial. However, global cotton production can be affected by crop yield, consumption, and export volume in metric tons. Garments, apparel, medical dressings, natural fibers, knitted fabrics, cotton exports, home furnishings, medical gauze, cotton swabs, cotton rounds, traditional diapers, and cottonseed oil are all significant sectors in the cotton market. Producers and mills must adapt to changing market conditions, ensuring they can meet demand while maintaining profitability.
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Segment Overview
This cotton market report extensively covers market segmentation by
- Application
- Cotton Fiber
- Cotton Seed Oil
- Cotton Seed
- Distribution Channel
- Offline
- Online
- Geography
- APAC
- Middle East And Africa
- North America
- South America
- Europe
1.1 Cotton fiber- Cotton is a widely used natural fiber in the textile industry, sourced primarily from tropical and subtropical regions globally. India is the leading cotton producer in the world. The global textile mills and apparel manufacturing market growth have significantly increased the demand for cotton fiber. Consumers' preferences drive this demand, making cotton the most frequently used natural fiber in textiles, accounting for about one-third of all fibers produced. Although an export crop, most cotton processing occurs in major producing countries like China and India. The increasing preference for natural fibers is expected to fuel the demand for cotton fiber, thereby boosting the global cotton market's growth during the forecast period.
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Cotton Market 2025-2029: Key Highlights
- CAGR of the market during the forecast period 2025-2029
- Detailed information on factors that will assist cotton market growth during the next five years
- Estimation of the cotton market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the cotton market across APAC, Middle East and Africa, North America, South America, and Europe
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cotton market vendors
Cotton Market Scope | |
Report Coverage | Details |
Base year | 2024 |
Historic period | 2017-2021 |
Forecast period | 2025-2029 |
Growth momentum & CAGR | Accelerate at a CAGR of 3.2% |
Market growth 2025-2029 | USD 8688.2 million |
Market structure | Fragmented |
YoY growth 2022-2023 (%) | 2.9 |
Regional analysis | APAC, Middle East and Africa, North America, South America, and Europe |
Performing market contribution | APAC at 87% |
Key countries | Pakistan, India, Bangladesh, China, US, Turkey, Canada, Germany, UK, and France |
Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | Ambika Cotton Mills Ltd., Asha Cotton Industries, Banswara Syntex Ltd., Carr Textile, Damodar Group, Fazal Cloth Mills Ltd., Hengli Group Co. Ltd., Huafu Fashion Co. Ltd., Loyal Textile Mills Ltd., Lu Thai Textile Co. Ltd., Oswal Group, Shri Vallabh Pittie Group, Sintex Industries Ltd., Sutlej Textiles and Industries Ltd., The Bombay Dyeing and Manufacturing Co. Ltd., The Lakshmi Mills Co. Ltd., Trident Ltd., Unifi Inc., Vardhman Textile Ltd., and Weiqiao Textile Co. Ltd. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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