Raw Cotton Processing Products Market (Product - Lint, Cottonseed, and Others; Application - Textiles, Medical & Surgical, Feed, Consumer Goods, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

A recent report published by Infinium Global Research on the raw cotton processing products market provides an in-depth analysis of segments and sub-segments in the global as well as regional raw cotton processing products market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional raw cotton processing products market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global raw cotton processing products market. According to the report, the global raw cotton processing products market is projected to grow at a CAGR of over 3% over the forecast period of 2022-2028.

Market Insight

The raw cotton processing products market was valued at nearly USD 19 Billion in 2022 and is expected to reach about USD 23 Billion in 2028, with a CAGR of over 3% during the forecast period. Cotton processing could be a technology that's accustomed to reducing moisture and improving fiber quality in every type of application like textiles, pharmaceuticals, trade goods, et al. to supply better quality products. The ginning (removing lint from seed) process of raw cotton ends up in the assembly of cotton fiber, linters, and cottonseed. Cottonseed is further processed which ends with the production of vegetable oil, cottonseed hulls, and cotton meal/cake. After the cotton is harvested the first processing is ginning to separate the lint from the seed. Most of the ginning is finished where it's actually cultivated. Raw cotton rarely gets into international trade.

In recent years, the assembly of textiles for both apparel and non-apparel use has increased globally. The textile industry is additionally a serious sector of the world economy, employing many millions around the world, and thus, it's driven by an increasing global population. Textiles employed in automobiles are generally non-apparels broadly utilized in cars, buses, and trains, and also the market is additionally experiencing good growth attributable to the flourishing automobile production and rapid industrialization in emerging nations across the globe. The emerging textile markets worldwide depend on the cotton processing products marketplace for raw materials, which is driving the market, globally. The cotton lint segment experiences the best demand from the textile industry. The increase in urbanization and diversification within the lifestyle of consumers has led to a rise in the demand for textiles, which, in turn, is projected to drive the expansion of the lint segment further. Additionally, the growing awareness about product quality among consumers is projected to reflect positively on the expansion of the cotton processing products market within the forecast period. On the other hand, high production costs and quality products can hinder market growth within the forecast period.

The restrictions imposed, aiming at containing COVID-19, have resulted in the shutting down of ginning mills because of decreased demand for yarn and fabrics. Lockdowns imposed in several countries because of the spread of the deadly virus hampered the expansion of the market during the forecast period. Furthermore, economic slowdown and clean-up of processing plants affected the assembly and demand. The market has suffered various challenges in terms of procurement of raw materials, production, transportation problems, non-availability of skilled labor, and sale of products, export, and import orders canceled because of COVID-19-related restrictions. Hence, COVID-19 encompasses a negative impact on the cotton processing products market.

Based on the region, the worldwide raw cotton processing products market is segmented into the Asia Pacific, North America, Europe, the Middle East & Africa, and South America. North America is anticipated to witness a capture highest market share over the upcoming years. Beverage premixes like Instant tea and instant milk became popular among the consumers which may boost the expansion of the market within the region. Europe is the next major Global raw cotton processing products market with a strong base for beverages like tea, coffee, milk, and health drinks. The key players within the market are expected to face stiff competition from their rivals. Asia Pacific region is predicted to dominate the expansion of the market during the forecast period. The Asia Pacific region is anticipated to dominate the expansion of the market during the forecast period.

Segment Covered

The report on the global raw cotton processing products market covers segments such as product and application. On the basis of product, the sub-markets include lint, cottonseed, and others. On the basis of application, the sub-markets include textiles, medical & surgical, feed, consumer goods, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Boortmalt Group, Zhou Yang Group, Magnus INT, Demis Bakery Cotton Gin Industry, Americott, Continental Eagle group, Unicom Inc., Pacific Textile Mill, Komet, and Taiba textile.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors driving and restraining this market's growth. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the raw cotton processing products market. Moreover, the study highlights current market trends and provides forecasts for 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.