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Cotton Growing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cotton Growing Market Research Report | ANZSIC A0152 | Jul 2014

Cottoning on: Increasing production volumes will drive revenue growth

IBISWorld’s Cotton Growing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
15.2%
Annual Growth 15-20
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Profit
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Employment
5,196
Businesses
654
Industry Analysis & Industry Trends

The fortunes of Australian cotton growers are largely determined by external factors such as global cotton demand, the world price of cotton and domestic growing conditions. Although Australia is a small cotton producer on a global scale, the industry is reliant on exports through downstream industries. Over 80% of ginned cotton is sold abroad due to the small size of the domestic textile manufacturing industries and the increasing penetration of fabric and garment imports. Other cotton products, such as cottonseeds, are used by food manufacturers and within the industry to grow new crops.

Trading conditions for Australian growers have fluctuated over the past five years due to increased volatility on the global cotton market... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in a growth phase due to very high industry revenue growth rates in the five years through 2014-15, which started off a low base when the industry was recovering from a major drought. The industry's contribution to the economy is expected to grow at an annualised rate of 6.1% over the ten years through 2019-20, compared with projected annualised GDP growth of 2.7% over the same period. This indicates that the industry is outperforming the overall economy. The upswing in production and prices, especially during 2010-11, has contributed to this expected outperformance. However, this obscures the obvious signs of maturity in the industry, indicated by the rather slow level of technological change and the degree of market saturation for the industry's products... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cotton Growing Industry?

Farms in this industry grow cotton. Cotton is the white downy fibres grown on shrubby plants of the genus gossypium. These fibres are used to make textiles and other products.

Industry Products
Cotton lintCotton seeds
 
Industry Activities
Land cultivationCotton growingCotton baling


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