Market Forecast By Production Analysis (Volume), By Consumption Analysis (Value, Volume), By Export Analysis (Value, Volume), By Import Analysis (Value, Volume) And Competitive Landscape
Product Code: ETC212196 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Cotton market currently, in 2023, has witnessed an HHI of 3972, Which has increased slightly as compared to the HHI of 3435 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India Cotton Market report thoroughly covers the market by production analysis, by consumption analysis, by export analysis, by import analysis. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Cotton Market has been accomplishing growth since the time the market established and there are several factors helping the market to attain success and these factors include agricultural practices, global demand, government support, and research and innovation.
According to 6Wresearch, the India Cotton Market size is projected to rise at a CAGR of 7% during the forecast period 2023-2029. India's favorable agro-climatic conditions as well as advanced farming techniques contribute to high cotton yields. The adoption of genetically modified (GM) Bt cotton varieties has also improved pest resistance and yield. The country is a key exporter of cotton, and its cotton sector is influenced by global demand for textiles and apparel. The global fashion sector’s need for cotton as a raw material stimulates India's cotton production. The domestic textile sector is a major consumer of cotton. The rise of India's textile sector, including weaving, garment manufacturing, and spinning mills stimulates the demand for cotton fiber. Some of the key challenges the market is facing are weather variability, pest management, labor shortages, market price volatility, and suitability and environmental concerns. The challenges that the market is facing can limit the India Cotton Market Growth. The market has the potential to overcome these challenges in the near future.
The pandemic adversely impacted the cotton market in India, this market is also a key part of the Asia Pacific cotton market. The lockdowns as well as restrictions imposed to curb the virus spread disrupted many stages of the cotton supply chain. Cotton production in India was hampered owing to labor shortages, delays in agricultural activities and transport restrictions. In addition, the closure o textile factories and mills, both globally and domestically led to a reduction in demand for raw cotton and this resulted in surplus of cotton. Apparel and textile industries are the major consumer of cotton and they faced major challenges during the pandemic, which affected the India Cotton Market.
Some of the most significant players in the market include Cotton Corporation of India (CCI), Maharashtra State Cooperative Cotton Growers' Marketing Federation Ltd (MSCCGMFL), Cotton Ginners Association, Cotton Traders and Exporters, Cotton Spinning Mills, and Farmers and Agricultural Cooperatives.
The Indian cotton sector is subject to many government regulations aims at regulating the production, trade, as well as quality of cotton. The Cotton Corporation of India (CCI) is a significant regulatory body overseeing the cotton market. It plays a vital role in stabilizing cotton prices, making sure about the fair returns to growers, as well as maintaining an adequate supply of cotton. The Minimum Support Price (MSP) is set by government in order to provide a price floor for cotton farmers, providing them a guaranteed minimum income. In addition, the government occasionally enforces export bans and restrictions on cotton in order to stabilize domestic prices. Quality standards for cotton are established as well as enforced by the Directorate of Cotton Development (DCD), which focusses on ensuring that the cotton produced meets specified grades.
Volume segment attained the highest share in the market and it will continue to dominate the market in the future as it has no competition.
The value segment by consumption analysis has experienced significant growth and it will continue to grow in the future.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India cotton Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India cotton Market Revenues & Volume, 2023 & 2030F |
3.3 India cotton Market - Industry Life Cycle |
3.4 India cotton Market - Porter's Five Forces |
3.5 India cotton Market Revenues & Volume Share, By By Production Analysis, 2020 & 2030F |
3.6 India cotton Market Revenues & Volume Share, By By Consumption Analysis, 2020 & 2030F |
3.7 India cotton Market Revenues & Volume Share, By By Export Analysis, 2020 & 2030F |
3.8 India cotton Market Revenues & Volume Share, By By Import Analysis, 2020 & 2030F |
4 India cotton Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India cotton Market Trends |
6 India cotton Market, By Types |
6.1 India cotton Market, By By Production Analysis |
6.1.1 Overview and Analysis |
6.1.2 India cotton Market Revenues & Volume, By By Production Analysis, 2023 - 2030F |
6.1.3 India cotton Market Revenues & Volume, By Volume, 2023 - 2030F |
6.2 India cotton Market, By By Consumption Analysis |
6.2.1 Overview and Analysis |
6.2.2 India cotton Market Revenues & Volume, By Value, 2023 - 2030F |
6.2.3 India cotton Market Revenues & Volume, By Volume, 2023 - 2030F |
6.3 India cotton Market, By By Export Analysis |
6.3.1 Overview and Analysis |
6.3.2 India cotton Market Revenues & Volume, By Value, 2023 - 2030F |
6.3.3 India cotton Market Revenues & Volume, By Volume, 2023 - 2030F |
6.4 India cotton Market, By By Import Analysis |
6.4.1 Overview and Analysis |
6.4.2 India cotton Market Revenues & Volume, By Value, 2023 - 2030F |
6.4.3 India cotton Market Revenues & Volume, By Volume, 2023 - 2030F |
7 India cotton Market Import-Export Trade Statistics |
7.1 India cotton Market Export to Major Countries |
7.2 India cotton Market Imports from Major Countries |
8 India cotton Market Key Performance Indicators |
9 India cotton Market - Opportunity Assessment |
9.1 India cotton Market Opportunity Assessment, By By Production Analysis, 2020 & 2030F |
9.2 India cotton Market Opportunity Assessment, By By Consumption Analysis, 2020 & 2030F |
9.3 India cotton Market Opportunity Assessment, By By Export Analysis, 2020 & 2030F |
9.4 India cotton Market Opportunity Assessment, By By Import Analysis, 2020 & 2030F |
10 India cotton Market - Competitive Landscape |
10.1 India cotton Market Revenue Share, By Companies, 2023 |
10.2 India cotton Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |