Global Cotton Processing Market Size, Trends and Growth Opportunity, By Product Type (Lint, Cottonseed, Others), Equipment (Ginning, Spinning), Operation (Automatic, Semi-Automatic), Application (Textiles, Medical and Surgical, Feed, Consumer Goods, Others), By Region and forecast till 2027.
Report ID : IR100519 | Industries : Food and Beverage | Published On :May 2024 | Page Count : 119
Global Cotton Processing Market Size, Trends and Growth Opportunity, By Product Type (Lint, Cottonseed, Others), Equipment (Ginning, Spinning), Operation (Automatic, Semi-Automatic), Application (Textiles, Medical and Surgical, Feed, Consumer Goods, Others), By Region and forecast till 2027.
Global Cotton Processing Market
Global Cotton Processing Market was valued at USD 76.43 billion in 2021 and is slated to reach at USD 109.99 billion by 2027 at a CAGR of 5.01 % from 2022-2027.
Cotton is the process of refining or vacuuming cotton into tubular structures to minimise moisture and improve fibre quality. This method is frequently employed in a variety of applications, including textiles, surgery, and others.
Market Drivers
The growing knowledge of the benefits of cotton will accelerate the market's growth rate. The key driver driving market expansion is the increasing use of cotton in the medical sector. Surgical cotton can also be referred to as absorbent cotton or cotton wool. Because of their high fluid absorbency, they are mostly employed in medical settings such as hospitals, clinics, and others. Apart from being utilised as a dressing material, it is also used as padding for garments, comforters, and other products. Cotton's demand in the medical industry is increasing as a result of these variables and applications. Rising urbanisation and rising disposable income levels will boost market value expansion. Additionally, rising infrastructure investments and increased cotton use as a result of increased knowledge about the benefits of hygiene following the pandemic will boost the market's growth pace. Another important aspect driving the market's growth rate is people's growing health consciousness.
The increased quantity of research and development activities will raise new market opportunities for the market's growth rate. Cotton has the potential to be a valuable food source for both humans and animals. It contains 40% fibre and 60% seed by weight. Cottonseed is derived from cotton, which is abundant in protein and oil, and is a common component in cookies, potato chips, salad dressings, and baked goods. Furthermore, tightening pesticide laws on cotton have raised sales and demand for organic cotton, boosting market growth. Furthermore, an increase in strategic collaborations and emerging new markets would work as market drivers, boosting positive chances for the industry's growth rate.
Market Restraints
Reduced cotton export rates across the globe, particularly in the United States, are the key factor impeding market expansion over the anticipated period. According to U.S. export and import figures, cotton exports have declined from 3.7% to 13.7% over the last seven years, representing the greatest decline in cotton sales. The high costs of capital and manufacturing plants, as well as infrastructure-related equipment, would function as market restraints, further challenging the market growth rate.
Market Segmentation
Global Cotton Processing Market is segmented into Product Type, Equipment, Operation, Application. By Product Type such as Lint, Cottonseed, Others. By Equipment such as Ginning, Spinning. By Operation such as Automatic, Semi-Automatic. By Application such as Textiles, Medical and Surgical, Feed, Consumer Goods, Others.
Regional Analysis
Global Cotton Processing Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of market size and revenue, Asia-Pacific dominates the cotton processing industry and will maintain its dominance during the projection period. This is attributable to the expanding textile, consumer products, and feeding industries. North America is predicted to develop during the forecasted period as a result of rising technological advancements to boost production and the increasing prevalence of many market participants within the region.
Key Players
This report includes a list of numerous Key Players, namely 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).
Market Taxonomy
By Product Type
• Lint
• Cottonseed
• Others
By Equipment
• Ginning
• Spinning
By Operation
• Automatic
• Semi-Automatic
By Application
• Textiles
• Medical and Surgical
• Feed
• Consumer Goods
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Cotton Processing Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Cotton Processing Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Cotton Processing Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Cotton Processing Market Share Analysis, By Product Type
5.3 Global Cotton Processing Market Size and Forecast, By Product Type
5.3.1 Lint
5.3.2 Cottonseed
5.3.3 Others
6 Global Cotton Processing Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Cotton Processing Market Share Analysis, By Application
6.3 Global Cotton Processing Market Size and Forecast, By Application
6.3.1 Textiles
6.3.2 Medical and Surgical
6.3.3 Feed
6.3.4 Consumer Goods
6.3.5 Others
7 Global Cotton Processing Market, By Equipment
7.1 Y-o-Y Growth Comparison, By Equipment
7.2 Global Cotton Processing Market Share Analysis, By Equipment
7.3 Global Cotton Processing Market Size and Forecast, By Equipment
7.3.1 Ginning
7.3.2 Spinning
8 Global Cotton Processing Market, By Operation
8.1 Y-o-Y Growth Comparison, By Operation
8.2 Global Cotton Processing Market Share Analysis, By Operation
8.3 Global Cotton Processing Market Size and Forecast, By Operation
8.3.1 Automatic
8.3.2 Semi-Automatic
9 Global Cotton Processing Market, By Region
9.1 Global Cotton Processing Market Share Analysis, By Region
9.2 Global Cotton Processing Market Share Analysis, By Region
9.3 Global Cotton Processing Market Size and Forecast, By Region
10 North America Global Cotton Processing Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Global Cotton Processing Market Share Analysis, By Product Type
10.3 North America Global Cotton Processing Market Size and Forecast, By Application
10.4 North America Global Cotton Processing Market Size and Forecast, By Equipment
10.5 North America Global Cotton Processing Market Size and Forecast, By Operation
10.6 North America Global Cotton Processing Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Global Cotton Processing Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Global Cotton Processing Market Share Analysis, By Product Type
11.3 Europe Global Cotton Processing Market Size and Forecast, By Application
11.4 Europe Global Cotton Processing Market Size and Forecast, By Equipment
11.5 Europe Global Cotton Processing Market Size and Forecast, By Operation
11.5 Europe Global Cotton Processing Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Global Cotton Processing Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Global Cotton Processing Market Share Analysis, By Product Type
12.3 Asia Pacific Global Cotton Processing Market Size and Forecast, By Application
12.4 Asia Pacific Global Cotton Processing Market Size and Forecast, By Equipment
12.5 Asia Pacific Global Cotton Processing Market Size and Forecast, By Operation
12.6 Asia Pacific Global Cotton Processing Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Global Cotton Processing Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Global Cotton Processing Market Share Analysis, By Product Type
13.3 Latin America Global Cotton Processing Market Size and Forecast, By Application
13.4 Latin America Global Cotton Processing Market Size and Forecast, By Equipment
13.5 Latin America Global Cotton Processing Market Size and Forecast, By Operation
13.6 Latin America Global Cotton Processing Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Global Cotton Processing Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Global Cotton Processing Market Share Analysis, By Product Type
14.3 Middle East Global Cotton Processing Market Size and Forecast, By Application
14.4 Middle East Global Cotton Processing Market Size and Forecast, By Equipment
14.5 Middle East Global Cotton Processing Market Size and Forecast, By Operation
14.6 Middle East Global Cotton Processing Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Lummus Corporation
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Bajaj Steel Industries
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. NIPHA EXPORTS PRIVATE LIMITED
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Shandong Swan Cotton Industrial
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Machinery Stock Co.
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Cherokee Fabrication
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Rieter
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 TOYOTA INDUSTRIES CORPORATION
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Mitsun Engineering
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 BALKAN S.A.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies