The global cotton ginning machinery market size is expected to grow from $2.89 billion in 2021 to $3.03 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The global cotton ginning market size is expected to grow to $4.35 billion in 2026 at a CAGR of 9.4%.
What is the Global Cotton Ginning Machinery Market?
The cotton ginning machinery market consists of sales of cotton ginning machinery by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing cotton ginning machinery through different ginning technologies. Only goods and services traded between entities or sold to end consumers are included.
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What drives the Global Cotton Ginning Machinery Market?
Growing demand for cotton and related products is expected to drive the cotton ginning market. Cotton is the oldest and most widely used fabric for making apparel as it is the most comfortable fabric to use, especially in tropical regions where the climate is humid. It is also used to make other industrial fabrics. In July 2020, Cotton Corporation of India, an Indian state-owned company, has sold about 700,000 bales of cotton the highest single-day sale in five years. Cotton is sold only after ginning which is separate fiber from the seed done using the cotton ginning machine. Thus, the rise in demand for cotton aids in the growth of the cotton ginning market.
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Global Cotton Ginning Machinery Market Segments
The global cotton ginning machinery market is segmented:
By Type: Roller Cotton Gin, Saw Cotton Gin
By Feeding: Automatic Feeding, Manual Feeding
By Application: Saw Gin, Double Roller Gin, Rotary Knife Gin
By Geography: The regions covered in the cotton ginning machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Cotton Ginning Machinery Global Market Report 2022provides market size and growth forecasts for the global cotton ginning machinery market, global cotton ginning machinery market share, cotton ginning machinery market segments and geographies, cotton ginning machinery market competitive landscape including leading competitors’ revenues, profiles and market shares. The cotton ginning machinery market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Cotton Ginning Machinery Industry Playersinclude Bajaj Group, Lummus Corporation, Handan Goldenlion Cotton Machinery, Jadhao Gears PVT LTD, Shandong Swan Cotton Industrial Machinery Stock Co. Ltd, Shandong XinTianShan Cotton Machinery, Bhagwati Engineering Works, Balkan Textile and Cotton Gin Machinery Co. Inc, Nipha Group, and Karunanand Hydropneumatic Controls Pvt Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
