市场调查报告书
商品编码
1423756
全球棉花市场:分析 - 按产品类型、最终用户、地区、预测(至 2030 年)Cotton Market Forecasts to 2030 - Global Analysis By Product, Type (Upland Cotton, Pima Cotton, Organic Cotton, Genetically Modified Cotton and Other Types), End User and By Geography |
预计2023年全球棉花市场规模将达419.8亿美元,2030年将达579.2亿美元,预测期间内复合年增长率为4.7%。
棉花是世界范围内的重要作物,是从棉花植物(棉)的蓬鬆种子纤维中获得的天然纤维。棉花因其用途广泛而被广泛种植,用于纺织品、服装和工业产品。棉质以其透气性和舒适性而闻名。棉花种植需要温暖的气候和充足的水源。生长于排水良好、肥沃的土壤。
印度储备银行的数据显示,2022 财年印度棉花及棉製品出口额超过 1.14 兆印度卢比(139.4 亿美元)。与上一财年的 7,260 亿印度卢比(88 亿美元)相比,增加了近 5,860 亿印度卢比(51 亿美元)。
全球对纺织产品的需求增加
随着纺织业在全球范围内不断扩张,特别是在新兴国家,对纺织生产基本原料棉花的需求正在迅速增加。这种不断增长的需求受到人口成长、都市化和消费者偏好变化等因素的影响。因此,棉花市场面临越来越大的压力,需要满足纺织业日益增长的需求,进而影响全球棉花贸易和生产的动态。
病虫害爆发
由于农民投资于病虫害防治和疾病管理,病虫害爆发导致生产成本增加。棉花作物容易受到病虫害的影响,导致供应减少并影响全球棉花价格。此外,化学介入的需要引起了环境问题并影响了消费者的看法。整体而言,病虫害压力为棉花市场带来了不确定性,影响了世界各地棉农的生产效率和经济生存能力。
生物技术不断进步
生物技术的进步提高了棉花产量、纤维品质和抗虫能力。提高产量和永续性的创新包括具有增强的耐旱性和抗虫性等特性的基因改造棉花类型。透过生物技术开发并适应特定环境条件的棉花确保了更大的适应性和资源效率。这是透过提高棉花产业的弹性和效率来回应全球需求。
与合成纤维的竞争
聚酯和尼龙等合成纤维通常以较低的成本模仿棉花的理想品质,导致棉製品的需求下降。合成纤维具有优异的性能,例如耐用性和成本效益。此外,技术进步不断提高合成纤维的性能,增加了棉花生产商保持市场占有率的挑战。这种竞争正在阻碍市场的成长。
COVID-19 的影响
COVID-19 大流行对全球棉花市场产生了重大影响,扰乱了供应链并减少了对纺织品的需求。行动限制阻碍了棉花收穫和运输,造成劳动力短缺。由于消费者在服饰上的支出减少,棉花价格波动。此外,全球贸易中断和经济不确定性进一步影响了棉花市场。随着各国逐渐復苏,棉花产业持续克服消费行为变化和供应链调整等影响市场动态的挑战。
预计有机棉市场在预测期内将是最大的市场
有机棉产业预计将出现良好成长。有机棉是传统棉花的可持续且环保的替代品,其种植过程中不使用合成农药、除草剂或基因改造作物。它采用自然方法种植,可促进土壤健康和生物多样性,同时减少对环境的影响。由此产生的织物不含有害化学物质,使其具有低过敏性,对消费者来说是安全的。选择有机棉支持更永续和更道德的方法,有助于建立更健康的地球,并促进时尚和纺织业负责任的消费者选择。
纺织业预计在预测期内复合年增长率最高
由于其多功能性和众多优势,纺织业在预测期内预计将实现最高的复合年增长率。棉质柔软、透气、吸水,使其成为舒适的服饰。棉织物耐用、易于染色且吸湿排汗。此外,棉花具有低过敏性,适合各种气候。天然纤维可实现良好的通风并降低皮肤刺激的风险。棉花的适应性和环保特性使其在纺织业中广受欢迎,促进了多种产品的永续性和舒适性。
预计亚太地区在预测期内将占据最大的市场占有率。中国引领着世界大部分生产和出口市场。印度也是世界上最大的棉花生产国之一,约占全球棉花产量的22%。此外,中国和印度的纺织业占据明显主导地位,消耗了大部分国内生产的棉花。因此,这些主要国家对棉花需求的不断增长正在推动该地区的市场需求。
预计北美在预测期内的复合年增长率最高。作为主要参与者,美国在预测期内保持了主要棉花生产国和出口国的地位。技术进步,例如采用基因改造棉花品种,影响了产量和品质。贸易政策和协议,包括北美自由贸易协定(北美自由贸易组织(NAFTA)),也影响了棉花贸易的动态。此外,棉花种植实践和成长以及国际贸易活动的进步正在推动该地区的市场需求。
According to Stratistics MRC, the Global Cotton Market is accounted for $41.98 billion in 2023 and is expected to reach $57.92 billion by 2030 growing at a CAGR of 4.7% during the forecast period. Cotton, a vital global crop, is a natural fiber derived from the fluffy seed fibers of the cotton plant (Gossypium). Widely cultivated for its versatility, cotton is used in textiles, apparel, and industrial products. It is valued for its breathability and comfort. Cotton cultivation demands a warm climate and ample water. It thrives in well-drained soil with good fertility.
According to the Reserve Bank of India, in the fiscal year 2022, the value of cotton and cotton products exported from India was over INR 1140 billion (USD 13.94 billion). This increased by almost INR 586 billion (USD 5.1 billion) compared to the previous financial year, which accounted for INR 726 billion (USD 8.8 billion).
Escalating global demand for textiles
As the textile industry continues to expand worldwide, particularly in emerging economies, the need for cotton, a fundamental raw material in textile production, has surged. This heightened demand is influenced by factors such as population growth, urbanization, and changing consumer preferences. Consequently, the cotton market is experiencing increased pressure to meet the growing requirements of the textile sector, shaping the dynamics of global cotton trade and production.
Pest and disease outbreaks
Pest and disease outbreaks lead to increased production costs as farmers invest in pest control measures and disease management. The susceptibility of cotton crops to infestations can result in reduced supply, subsequently affecting global cotton prices. Additionally, the need for chemical interventions raises environmental concerns and influences consumer perceptions. Overall, pest and disease pressures create uncertainties in the cotton market, influencing production efficiency and economic viability for cotton farmers worldwide.
Rising biotechnological advancements
Biotechnological advancements enhance the cotton crop yield, fiber quality, and resistance to pests. Innovations that enhance production and sustainability include genetically engineered cotton types with enhanced features like drought tolerance and pest resistance. Better adaptation and resource efficiency are ensured by cotton types developed due to biotechnology that is suited to particular environmental conditions. This meets worldwide demand by making the cotton sector more resilient and effective.
Competition from synthetic fibers
Synthetic fibers like polyester and nylon often emulate cotton's desirable qualities at a lower price point, leading to reduced demand for cotton products. Synthetic fibers offer superior attributes, such as durability and cost-effectiveness. Additionally, advancements in technology continually enhance synthetic fiber performance, intensifying the challenge for cotton producers to maintain market share. This competition thereby hampers the market growth.
Covid-19 Impact
The covid-19 pandemic significantly impacted the global cotton market as lockdowns disrupted supply chains and reduced demand for textiles. Restrictions on movement hindered cotton harvesting and transportation, causing labor shortages. With reduced consumer spending on clothing, cotton prices fluctuated. Moreover, global trade disruptions and economic uncertainties further affected the cotton market. As countries gradually recover, the cotton industry continues to navigate challenges, including changing consumer behaviour and supply chain adjustments, influencing market dynamics.
The organic cotton segment is expected to be the largest during the forecast period
The organic cotton segment is estimated to have a lucrative growth. Organic cotton is a sustainable and eco-friendly alternative to conventional cotton, grown without synthetic pesticides, herbicides, or genetically modified organisms. Cultivated using natural methods, it promotes soil health and biodiversity while reducing environmental impact. The resulting fabric is free from harmful chemicals, making it hypoallergenic and safer for consumers. Choosing organic cotton supports a more sustainable and ethical approach, contributing to a healthier planet and promoting responsible consumer choices in the fashion and textile industries.
The textile industry segment is expected to have the highest CAGR during the forecast period
The textile industry segment is anticipated to witness the highest CAGR growth during the forecast period, due to its versatility and numerous benefits. It is soft, breathable, and absorbent, making it comfortable for clothing. Cotton fabrics are durable, easy to dye, and have excellent moisture-wicking properties. Additionally, cotton is hypoallergenic and suitable for various climates. Its natural fibers allow for good air circulation, reducing the risk of skin irritations. Cotton's adaptability and eco-friendly characteristics contribute to its popularity in the textile industry, promoting sustainability and comfort in a wide range of products.
Asia Pacific is projected to hold the largest market share during the forecast period. China leads the most of the global production and export market. India is also one of the world's largest cotton producers, accounting for about 22% of the world's cotton production. Moreover, the dominance of the textile sector prevails in both China and India, as it consumes most of the cotton produced in the country. Therefore, the rising requirement for cotton in these major countries is propelling the market demand in this region.
North America is projected to have the highest CAGR over the forecast period. The United States, as a major player, maintained its position as a leading cotton producer and exporter during this forecast period. Technological advancements, such as the adoption of genetically modified cotton varieties, influenced yields and quality. Trade policies and agreements, including the North American Free Trade Agreement (NAFTA), also impacted the dynamics of cotton commerce. Further, advancements in cotton cultivation practices and growing and international trade activities are fuelling the region's market demand.
Key players in the market
Some of the key players profiled in the Cotton Market include Cotton Corporation of India, Fazal Group, Loyal Textiles Mills Limited, Oswal Group, Vardhman Group, Bombay Dyeing, Armor Seed, Damodar Group, Unifi Inc., Banswara Syntex Limited, Adani Group, Shri Vallabh Pittie Group, Weiqiao Textile Company Limited, Cargill Incorporated, Bunge Limited, Corteva Agriscience, Olam International and Gokak Mills.
In November 2023, State-run Cotton Corp. of India (CCI) is set to procure over one million bales of premium Kasturi cotton in the current season that began in October 2023. It is projected at 36 million bales of 170 kg each.
In March 2022, Armor Seed Company released two cotton varieties, ARMOR 9512 B3XF and ARMOR 9442 XF, in the 2022 season. Both varieties are known for their big seeds, improved vigor/emergence, fiber quality, and XtendFlex Technology.