Cotton Fabrics comprise companies engaged
in weaving or braiding of cotton fabrics. These are made from a soft, fluffy
staple fiber, cotton grows in a boll around the seeds of the plant. These
fibers are usually woven or knit into fabric by means of the two most common
methods - plain weaves & twill weaves.
The market was valued at $64 billion in
2017, and it is expected to be driven by huge
production and large domestic consumption worldwide. Asia Pacific was the largest geographic region
in the market in 2017, accounting for almost seventy percent of the global
market share.
China was the biggest player in the global
cotton market in 2017 accounting for two-fifths of the market share.
The top five competitors in the cotton
market are Weiqiao Textile Company Limited, Fazal Group, Loyal Textiles Mills Ltd,
Bombay Dyeing, and Cotton Corporation of India. Weiqiao
Textile Co., Ltd. is the biggest competitor in the global cotton market. It is
headquartered in Binzhou, China. It engages in the production, sale, and distribution of cotton yarn, grey fabric, and denim. It operates through two segments:
textile products and electricity. The textile products segment produces and
sells cotton yarn, grey fabric, and
denim.
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