Dublin, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The "Global Organic Cotton Market (2024 Edition): Market Size, Trends, Opportunities and Forecast by Type, Quality, Application, Region, and Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Organic Cotton Market was valued at USD 1.32 billion in 2023, and is expected to grow at a CAGR of 44.4% during 2025-2030.
The report explores a multi-faceted opportunity landscape in terms of market segmentation by Type (Short-Staple Cotton, Middle-Staple Cotton, Long-Staple Cotton, Extra Long-Staple Cotton and Other Types), by Quality (Upland, Giza, Supima and Other Qualities) and by Application (Apparel and Packaging).
The report assesses the competitive developments, strategies, mergers and acquisitions and new Type development and market share portfolio of top 15 companies. Key companies in the Global Organic Cotton Market include:
- Remei AG
- Louis Dreyfus Company
- Arvind Limited
- Noble Ecotech
- Staple Cotton Cooperative Association
- Calcot Ltd.
- Texas Organic Cotton Marketing Cooperative
- Cargill Incorporated
- The Rajlakshmi Cotton Mills (P) Limited
- Plexus Cotton Ltd.
- Other Leading Companies
Market Overview
The global Organic Cotton Market has witnessed significant growth in recent years, driven by a growing consumer preference for environmentally friendly and sustainable products. As awareness about the environmental impact of conventional cotton cultivation increases, consumers are increasingly turning to organic cotton as a preferable alternative. This shift is primarily motivated by the desire to reduce the environmental footprint associated with textile production, as well as by health concerns linked to chemicals used in traditional cotton farming.
Organic cotton is cultivated without the use of toxic pesticides or genetically modified organisms (GMOs), employing methods that have a lower impact on the environment. It supports biodiversity and healthy ecosystems, improves the quality of soil, and typically uses less water compared to conventional cotton. The cultivation of organic cotton also adheres to principles of fair trade and worker welfare, ensuring that those involved in its cultivation receive fair wages and work under safe conditions. These ethical and environmental considerations are central to the increasing popularity of organic cotton among consumers, manufacturers, and retailers.
The market's expansion is further fueled by the support of numerous fashion brands and retailers incorporating organic cotton into their product lines. These companies are responding to consumer demand for sustainable and ethically produced garments, which has prompted them to increase their offerings of organic cotton apparel and home textiles. This trend is not only prevalent in the fashion industry but also extends to sectors such as home decor and personal care, where organic cotton is used in products like bed linens, towels, and hygiene products.
Moreover, the growing influence of social media and digital marketing has played a pivotal role in promoting organic cotton. Through these platforms, consumers are educated about the benefits of organic cotton, which has increased its visibility and popularity. The transparency provided by these digital platforms helps in building trust among consumers who are increasingly interested in the origins and ethical aspects of their purchases.
The regulatory landscape has also been supportive of the organic cotton market. Governments and international organizations are implementing stricter regulations and standards regarding the use of chemicals in agriculture, which encourages the adoption of organic farming practices. Additionally, subsidies and financial incentives for organic farming have made it more feasible for farmers to switch from conventional to organic cotton cultivation.
By Application, Apparels contributes the maximum revenue with a share of 60% in 2023
The fashion industry's influence cannot be understated in driving the market for organic cotton apparel. Many leading fashion brands and retailers are increasing their offerings of organic cotton products in response to consumer demand. These companies are not only looking to improve their sustainability credentials but are also reacting to the competitive market, where sustainability is increasingly becoming a point of differentiation. High-profile collaborations between large textile manufacturers and fashion brands are also promoting the visibility and accessibility of organic cotton.
Asia Pacific represents the largest market in value terms in the Global Organic Cotton Market
The Asia Pacific Organic Cotton Market has seen substantial growth in recent years, fueled by increasing consumer awareness of sustainable and eco-friendly products, and regulatory support from governments across the region. This market's evolution reflects a broader global trend towards organic textiles, driven by environmental concerns and a growing preference for products that promote health and welfare.
Another significant market driver is the increasing interest from international brands and retailers in sourcing sustainable materials. As global brands commit to reducing their carbon footprints, there is a growing demand for organic cotton from the Asia Pacific region, which is one of the world's largest producers of cotton. This demand encourages local farmers to switch to organic practices, supported by certifications such as the Global Organic Textile Standard (GOTS), which ensures the organic status of textiles, from the harvesting of the raw materials to environmentally and socially responsible manufacturing.
Regions and Countries Covered
- Americas (The United States, Canada, Brazil, Mexico, Rest of Americas)
- Europe (United Kingdom, Germany, France, Italy, Spain, Turkey, Russia, Rest of Europe)
- Asia Pacific (China, Japan, South Korea, India, Singapore, Indonesia, Rest of Asia Pacific)
- Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)
For more information about this report visit https://www.researchandmarkets.com/r/ho8kir
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
