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Report
Africa Cotton Market Report and Forecast 2024-2032
Market Report I 2023-11-14 I 137 Pages I EMR Inc.
Africa Cotton Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Africa cotton market is projected to grow at a CAGR of 8.11% between 2024 and 2032. Aided by enduring demand for natural fibres in the global textile industry and the strategic positioning of Africa as a primary cotton-growing region, the market is expected to grow significantly by 2032.
Cotton, a soft, fluffy staple fibre, is native to tropical and subtropical regions, including parts of Africa. The continent is home to several nations that have historically been engaged in cotton cultivation, making cotton an integral component of the African agricultural landscape. Cotton is utilised in a plethora of products, ranging from apparel, home furnishings to industrial threads, and medical supplies. Its breathability, hypoallergenic properties, and moisture control capabilities make it a favourite in the textile sector.
The relentless global demand for natural fibres is one of the primary Africa cotton market trends driving the market. As consumers worldwide become increasingly eco-conscious and shift away from synthetic materials due to their environmental footprint, the allure of cotton, particularly organically grown cotton, has surged. African nations, with their vast tracts of arable land, favourable climate, and traditional farming techniques, are well-poised to cater to this demand.
Moreover, the boom in the fashion industry and the growth of fast fashion have consistently sustained the global appetite for cotton, propelling the Africa cotton market demand. With Africa's strategic alliances and trade agreements offering preferential access to major consumer markets, the continent's cotton exports have seen a steady uptick.
Several African countries are also making concerted efforts to climb up the value chain. Instead of just exporting raw cotton, there's a push towards increasing domestic cotton processing, thereby exporting higher-value products like yarns and fabrics. This not only increases the Africa cotton market share profitability but also aids in job creation and industrial development.
Furthermore, the move towards sustainable farming in Africa holds promise. Initiatives aimed at promoting organic cotton cultivation, reducing the usage of water, and minimising chemical inputs are gaining traction. Not only does this make environmental sense, but it also appeals to a segment of consumers willing to pay a premium for eco-friendly products, thereby boosting the Africa cotton market expansion.
Market Segmentation
The market can be divided based on type, application, and region.
Market Breakup by Type
- Organic
- Conventional
Market Breakup by Application
- Cotton Fibre
- Cottonseed
- Cottonseed Oil
Market Breakup by Region
- South Africa
- Egypt
- Nigeria
- Algeria
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa cotton market. Some of the major players explored in the report by Expert Market Research are as follows:
- China-Africa Cotton Development Limited
- Olam Agri Holdings Pte Ltd
- JMV Textiles (Pty) Ltd.
- Standerton Mills
- Cottco (Pvt) Ltd.
- Ivoire Coton
- Compagnie Malienne pour le Developpement des Textiles (CMDT)
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Cotton Market Overview
8.1 Key Industry Highlights
8.2 Global Cotton Historical Market (2018-2023)
8.3 Global Cotton Market Forecast (2024-2032)
8.4 Global Cotton Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Africa Cotton Market Overview
9.1 Key Industry Highlights
9.2 Africa Cotton Historical Market (2018-2023)
9.3 Africa Cotton Market Forecast (2024-2032)
10 Africa Cotton Market by Type
10.1 Organic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Conventional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Africa Cotton Market by Application
11.1 Cotton Fibre
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Cottonseed
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cottonseed Oil
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Africa Cotton Market by Region
12.1 South Africa
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Egypt
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Nigeria
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Algeria
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyer's Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.1 Key Indicators for Demand
13.2 Key Indicators for Price
14 Trade Data Analysis
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 China-Africa Cotton Development Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Olam Agri Holdings Pte Ltd
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 JMV Textiles (Pty) Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Standerton Mills
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Cottco (Pvt) Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Ivoire Coton
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Compagnie Malienne pour le Developpement des Textiles (CMDT)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cotton Market: Key Industry Highlights, 2018 and 2032
2. Africa Cotton Market: Key Industry Highlights, 2018 and 2032
3. Africa Cotton Historical Market: Breakup by Type (BILLION), 2018-2023
4. Africa Cotton Market Forecast: Breakup by Type (BILLION), 2024-2032
5. Africa Cotton Historical Market: Breakup by Application (BILLION), 2018-2023
6. Africa Cotton Market Forecast: Breakup by Application (BILLION), 2024-2032
7. Africa Cotton Historical Market: Breakup by Region (BILLION), 2018-2023
8. Africa Cotton Market Forecast: Breakup by Region (BILLION), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Africa Cotton Market Structure
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