DUBLIN, March 5, 2021 / PRNewswire / – Added report “Global Cotton Market & Size by Consumption, Production, Export, Importing Countries, Companies, Outlook” ResearchAndMarkets.com’s offering.
For the year 2020, Cotton Market was worldwide US $ 38.54 billion. The World Cotton Market is expected to arrive US Billion $ 46.56 by 2027, with a CAGR of 2.74% from 2020 to 2027.
Cotton has been heavily involved in industrial evolution beginning in the eighteenth century. It also plays an important role in the clothing industry. It is a silver crop with a lot of labor done all over the world. Cotton strongly supports the global garment mill market and global garment manufacturing market.
Cotton is also a political crop because of its importance in the global exchange of many growing countries. Cotton is grown in almost every tropical and subtropical region of the world. Relatively tolerant of thirst and thirst, cotton is an attractive crop for the deciduous and semi-deciduous regions. Cotton has many other uses, across many different industries such as in textiles, clothing, bedding and towels, home decor, cottonseed oil, pharmaceuticals, and so on.
India, China, Pakistan and United States is a major producer of cotton worldwide. United States exports mainly of cotton products with less developed textile industry. Asian countries control cotton production as well as being one of the largest buyers of cotton. China, India, Pakistan, and Bangladesh They are the largest cotton buyers in the world, making up one of the highest global consumption. In the last few years Vietnam and Uzbekistan has also emerged as a major consumer of cotton.
For many years, China and India have been the main markets for cotton consumption. In India, dominates the clothing sector, as it consumes most of the country’s cotton. Similarly, there are many cotton exports United States, Brazil and India. The main imports are China, Bangladesh and Vietnam.
The key players of Unifi Cotton Market 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
Scope of report
Cotton Consumption – Market Breakdown & Volume from 8 Countries
- China
- India
- Pakistan
- Bangladesh
- Turkey
- Vietnam
- Uzbekistan
- Others
Cotton Production Country – Size Breakdown from 8 Countries
- India
- China
- United States
- Brazil
- Pakistan
- Uzbekistan
- Turkey
- Others
Cotton export country – Breakdown from 8 Countries
- United States
- Brazil
- India
- Australia
- Benin
- Greece
- Cote d’Ivoire
- Others
Country Importing Cotton – Breakdown from 8 Countries
- China
- Bangladesh
- Vietnam
- Turkey
- Pakistan
- Indonesia
- India
- Others
All companies have been covered by 2 Viewpoints
Company Analysis
- Unifi Inc.
- Weiqiao Clothing Company Limited
- Lu Thai Textile Co. Ltd.
- Gokak Mills
- Vardhman Group
- Damodar Group
- Banswara Syntex Limited
- Shri Vallabh Pittie Group
- Oswal Group
For more information about this report, visit https://www.researchandmarkets.com/r/yxts2q
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