Dublin, Oct. 05, 2021 (GLOBE NEWSWIRE) -- The "Cotton Ginning Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global cotton ginning machinery market as it emerges from the COVID-19 shut down.
The global cotton ginning machinery market is expected to grow from $0.03 billion in 2020 to $0.04 billion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.05 billion in 2025 at a CAGR of 6.2%.
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Description:
Where is the largest and fastest growing market for the cotton ginning machinery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Cotton Ginning Machinery market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider cotton ginning machinery market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The cotton ginning machinery market section of the report gives context. It compares the cotton ginning machinery market with other segments of the cotton ginning machinery market by size and growth, historic and forecast.
Major players in the cotton ginning machinery market are 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.
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, such as knife roller gin, McCarthy roller gin, and saw gin. Only goods and services traded between entities or sold to end consumers are included.
The cotton ginning machinery market covered in this report is segmented by type into roller cotton gin, saw cotton gin, and by application into saw gin, double roller gin, rotary knife gin.
The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Uncertain economic conditions are anticipated to affect the cotton ginning market. Changing economic conditions due to the trade wars and economic slowdowns affect the price of cotton. When the price of cotton lowers, the production of the cotton also decreases. For instance, according to August 2020, the cotton and wool outlook by the U.S. Department of Agriculture (USDA), the estimations for global cotton production in 2020-21 is predicted at 117.5 million bales, about 4.5% below 2019-20. Due to the decrease in the price of cotton, farmers may not opt to produce the crop due to the fear of losses as the area of production drops, output declines, which also reduces the usage of cotton ginning machine for separating and thereby acts as a hindrance to the 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.
The use of DNA traceability systems in cotton gins is a major trend shaping the market. For assuring the origin of the cotton fiber, the DNA traceability system uses DNA tagging which will allow the retailers and customers to verify the presence of cotton in the finished products. In 2018, Applied DNA Sciences' SignatureT cotton traceability system was installed by Louis Dreyfus Company (LDC) at its Moree gin in Australia to tag, test, and track pure HomeGrown Australian cotton. The brand owners and retailers can verify the presence of Australian cotton in their finished garments and products.
In 2019, to ensure product authenticity and provenance, Egypt has employed Applied DNA's molecular tagging technology in its two varieties of cotton. Applied DNA Sciences (ADNAS) is set to supply its SigNature T tagging technology for the 2019-20 cotton ginning season which begins in October. Under this, the Company's SigNature T technology, paired with its genotyping and digital systems, will be utilized to tag, test, and track the Pima variety of cotton - sold by the brand PimaCott - over the coming months in San Joaquin Valley, California. The use of DNA traceability will allow consumers to make more confident purchase decisions and promote the use of cotton.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Key Topics Covered:
1. Executive Summary
2. Cotton Ginning Machinery Market Characteristics
3. Cotton Ginning Machinery Market Trends And Strategies
4. Impact Of COVID-19 On Cotton Ginning Machinery
5. Cotton Ginning Machinery Market Size And Growth
5.1. Global Cotton Ginning Machinery Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Cotton Ginning Machinery Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Cotton Ginning Machinery Market Segmentation
6.1. Global Cotton Ginning Machinery Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Roller Cotton Gin
- Saw Cotton Gin
6.2. Global Cotton Ginning Machinery Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Saw Gin
- Double Roller Gin
- Rotary Knife Gin
6.3. Global Cotton Ginning Machinery Market, Segmentation By Feeding, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Automatic Feeding
- Manual Feeding
7. Cotton Ginning Machinery Market Regional And Country Analysis
7.1. Global Cotton Ginning Machinery Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Cotton Ginning Machinery Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Cotton Ginning Machinery Market
9. China Cotton Ginning Machinery Market
10. India Cotton Ginning Machinery Market
11. Japan Cotton Ginning Machinery Market
12. Australia Cotton Ginning Machinery Market
13. Indonesia Cotton Ginning Machinery Market
14. South Korea Cotton Ginning Machinery Market
15. Western Europe Cotton Ginning Machinery Market
16. UK Cotton Ginning Machinery Market
17. Germany Cotton Ginning Machinery Market
18. France Cotton Ginning Machinery Market
19. Eastern Europe Cotton Ginning Machinery Market
20. Russia Cotton Ginning Machinery Market
21. North America Cotton Ginning Machinery Market
22. USA Cotton Ginning Machinery Market
23. South America Cotton Ginning Machinery Market
24. Brazil Cotton Ginning Machinery Market
25. Middle East Cotton Ginning Machinery Market
26. Africa Cotton Ginning Machinery Market
27. Cotton Ginning Machinery Market Competitive Landscape And Company Profiles
27.1. Cotton Ginning Machinery Market Competitive Landscape
27.2. Cotton Ginning Machinery Market Company Profiles
27.2.1. Bajaj Group
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Lummus Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Handan Goldenlion Cotton Machinery
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Jadhao Gears PVT LTD
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Shandong Swan Cotton Industrial Machinery Stock Co., Ltd
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers And Acquisitions In The Cotton Ginning Machinery Market
29. Cotton Ginning Machinery Market Future Outlook and Potential Analysis
30. Appendix
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