The organic cotton market size is predicted to reach USD 6,730.9 million by 2028 and exhibit a CAGR of 40.0% during the 2021-2028 period. The market was valued at USD 518.7 million in 2020 and USD 637.1 million in 2021. Fortune Business InsightsTM has presented this information in its report titled, “Organic Cotton Market, 2021-2028”. It is a form of cotton grown with natural fertilizers and materials to have a lower environmental impact.
Rising Demand for Sustainable Textile Solutions to Augment Market Growth
Many organizations prefer to utilize organic cotton when producing textiles due to growing worldwide concerns about sustainability and pollution. It is better for soil conditioning and has a lower environmental impact than conventional cotton, which utilizes harmful pesticides and requires a lot of water
Segments-
On the basis of type, the market is segmented into long-staple cotton, short-staple cotton, middle staple cotton, extra-long staple cotton, and others. On the basis of quality type, the market is divided into supima/pima, upland, giza, and others. On the basis of application, the market is fragmented into apparel, packaging, and others. Geographically, the market is classified into Europe, North America, Latin America, Asia Pacific, the Middle East Africa.
Report Coverage-
The research report provides a comprehensive value chain analysis of the industry, focusing on key factors such as major players, applications, and kinds. In addition, the study provides insights into market trends as well as key industry advancements. In addition to the causes listed above, the research includes a number of other variables that have contributed to the market's recent expansion.
Information source:
https://www.fortunebusinessinsights.com/organic-cotton-market-106612