Product Code: ETC212202 | Publication Date: May 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Vietnam Cotton market currently, in 2023, has witnessed an HHI of 2289, Which has increased slightly as compared to the HHI of 1257 in 2017. The market is moving towards moderately competitive. 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.
The Vietnam cotton market is a significant component of the textile and apparel industry, serving as a primary source of raw material for fabric and clothing production. Cotton is a staple fiber in the textile sector, and the market`s dynamics are influenced by factors such as cotton production, international trade, and consumer demand for cotton-based products.
The growth of the Vietnam cotton market is driven by the textile and apparel industry`s increasing demand for raw materials. Cotton is a fundamental fiber used in textile production, and Vietnam textile sector continues to expand, exporting clothing and textiles worldwide. The growth of the domestic and export markets supports the cotton market as textile manufacturers require a consistent supply of high-quality cotton for their operations.
The Vietnam cotton market may face challenges related to cotton production, international trade dynamics, and price volatility. Cotton is a critical raw material for the textile industry, and its availability and pricing can be influenced by factors such as weather conditions affecting crop yields, fluctuations in global cotton prices, and trade policies. Vietnam relies on cotton imports to meet its textile manufacturing needs, making it susceptible to changes in international cotton markets. Moreover, price volatility can affect the cost structure of textile manufacturers and their ability to compete in the global market. Companies operating in this market must closely monitor global cotton market trends, diversify sourcing strategies, and implement risk management measures to address these challenges and ensure a stable supply of cotton for their operations.
The Vietnam cotton market faced challenges during the COVID-19 pandemic, as disruptions in global supply chains and fluctuations in demand affected cotton trade and textile production. With many textile mills and factories in Vietnam temporarily shutting down or operating at reduced capacity, the demand for raw cotton decreased. Cotton importers and textile manufacturers in Vietnam had to navigate supply chain disruptions and ensure the safety of workers. As global cotton demand gradually rebounded and textile production resumed, the Vietnam cotton market is expected to stabilize.
Key players in the Vietnam cotton market include both domestic cotton producers and international cotton suppliers. Domestic companies like Vietnam National Cotton and Textile Group (Vinatex) play a significant role in cotton production and processing within Vietnam. Additionally, international cotton trading companies like Cargill Cotton are influential players in supplying raw cotton to the Vietnamese textile and garment industry.
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 Vietnam cotton Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam cotton Market Revenues & Volume, 2020 & 2030F |
3.3 Vietnam cotton Market - Industry Life Cycle |
3.4 Vietnam cotton Market - Porter's Five Forces |
3.5 Vietnam cotton Market Revenues & Volume Share, By By Production Analysis, 2020 & 2030F |
3.6 Vietnam cotton Market Revenues & Volume Share, By By Consumption Analysis, 2020 & 2030F |
3.7 Vietnam cotton Market Revenues & Volume Share, By By Export Analysis, 2020 & 2030F |
3.8 Vietnam cotton Market Revenues & Volume Share, By By Import Analysis, 2020 & 2030F |
4 Vietnam cotton Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam cotton Market Trends |
6 Vietnam cotton Market, By Types |
6.1 Vietnam cotton Market, By By Production Analysis |
6.1.1 Overview and Analysis |
6.1.2 Vietnam cotton Market Revenues & Volume, By By Production Analysis, 2020-2030F |
6.1.3 Vietnam cotton Market Revenues & Volume, By Volume, 2020-2030F |
6.2 Vietnam cotton Market, By By Consumption Analysis |
6.2.1 Overview and Analysis |
6.2.2 Vietnam cotton Market Revenues & Volume, By Value, 2020-2030F |
6.2.3 Vietnam cotton Market Revenues & Volume, By Volume, 2020-2030F |
6.3 Vietnam cotton Market, By By Export Analysis |
6.3.1 Overview and Analysis |
6.3.2 Vietnam cotton Market Revenues & Volume, By Value, 2020-2030F |
6.3.3 Vietnam cotton Market Revenues & Volume, By Volume, 2020-2030F |
6.4 Vietnam cotton Market, By By Import Analysis |
6.4.1 Overview and Analysis |
6.4.2 Vietnam cotton Market Revenues & Volume, By Value, 2020-2030F |
6.4.3 Vietnam cotton Market Revenues & Volume, By Volume, 2020-2030F |
7 Vietnam cotton Market Import-Export Trade Statistics |
7.1 Vietnam cotton Market Export to Major Countries |
7.2 Vietnam cotton Market Imports from Major Countries |
8 Vietnam cotton Market Key Performance Indicators |
9 Vietnam cotton Market - Opportunity Assessment |
9.1 Vietnam cotton Market Opportunity Assessment, By By Production Analysis, 2020 & 2030F |
9.2 Vietnam cotton Market Opportunity Assessment, By By Consumption Analysis, 2020 & 2030F |
9.3 Vietnam cotton Market Opportunity Assessment, By By Export Analysis, 2020 & 2030F |
9.4 Vietnam cotton Market Opportunity Assessment, By By Import Analysis, 2020 & 2030F |
10 Vietnam cotton Market - Competitive Landscape |
10.1 Vietnam cotton Market Revenue Share, By Companies, 2023 |
10.2 Vietnam cotton Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |