The Current State of the Top 10 Largest Cotton Manufacturing Companies in 2022
The top 10 largest cotton manufacturing companies are expected to drive industry growth in 2022. How big is the cotton industry? The global cotton industry is projected to grow from USD 637.1 million in 2021 to USD 6,730.9 million by 2028, at a compound annual growth rate (CAGR) of 40.0% during the period 2021-2028. The growth will be driven by increasing demand from developing countries due to rising disposable income levels coupled with low prices of raw materials such as oil which will drive down production costs in these regions leading to increased demand for products made out of cotton.
The global cotton market is one of the largest and most competitive markets in the world. The top 10 largest producers of cotton represent a variety of different types of fabric, including denim, linen, and other types of clothing. The cotton industry is a major part of the global textile manufacturing sector. The world cotton market is divided into two main categories: spinning and weaving. In spinning, fiber is turned into yarns, which are then spun into threads or strands. These strands are then woven together to form the fabric. In weaving, the strands are interlaced with each other to form fabrics.
The top cotton manufacturing companies in the world are leading this growth. There are more than 400 million people involved in cotton farming around the world, which accounts for more than 10% of all agricultural workers around the world.
Who are the largest producers of cotton in the world? At present, the market is dominated by large companies such as Allenberg, Dunavant Enterprises, and Cargill. The three largest cotton manufacturing companies together control an estimated 80 percent of the world cotton business.
This article will provide a breakdown of the top 10 largest cotton manufacturing companies in the world as of 2022, including information about their revenues and what makes them market leaders. This data can help you answer the following questions about the global cotton industry:
- Who are the top cotton manufacturers in the world?
- How big is the cotton industry?
- Cotton production by country?
- Top cotton-producing countries?
- What are the leading companies across various other cotton production industries?
- Global cotton industry stats and trends you should know.
- What are the big 3 cotton industries and categories?
BizVibe’s database of the top 10 largest cotton manufacturing companies includes the profiles of major companies such as Cargill, and Allenberg, as well as many smaller companies. The database also contains detailed information about each company’s products, services, risks of doing business, and much more. View company insights, revenue, number of employees, and more for the largest producers of cotton in the world.
Global Cotton Industry Stats and Trends 2022
The global cotton industry is one of the most important industries in the world, producing nearly 25% of the entire world’s raw materials. The US is the largest producer, followed by China and India.
Here are the top global cotton industry stats and trends you need to know about in 2022.
- How big is the cotton industry? Cotton production earns $21 billion per year in the United States, employing more than 125,000 people. Global cotton production is expected to grow from 77 million acres in eighty countries covering forty billion pounds of raw cotton per year.
- The global cotton industry is projected to grow from USD 637.1 million in 2021 to USD 6,730.9 million by 2028, at a compound annual growth rate (CAGR) of 40.0% during the period 2021-2028.
- The global cotton industry is one of the most important industries in the world, producing nearly 25% of the entire world’s raw materials. The US is the largest producer, followed by China and India.
- Cotton is the most frequently traded commodity in the world, with over 80 million tons (MT) produced every year.
- Cotton is grown all over the world but especially in tropical climates where there’s plenty of sunlight for plants to grow quickly during their growing season (which lasts about 4 months). Most of the world’s cotton comes from India and China because they have ideal growing conditions for this plant: warm temperatures with plenty of rain during harvest time so crops don’t dry out before they’re picked (picked by hand).
- China is the largest producer of cotton in the world. India and China together contribute approximately 45-50 percent of the world’s cotton production, while the top four producers, India, China, the United States, and Pakistan (ranked by production), comprise 70-75 percent of global cotton production. Currently, India is the world’s leading producer of cotton; however, it is expected that this number will soon be surpassed by China as well.
Top 10 Largest Cotton Manufacturing Companies in the World 2022
The demand for cotton has increased over the past few years. We have produced the top cotton manufacturers in the world lists from different regions like Asia, Europe, North America, and others. Also included in this article are the top cotton-producing countries in 2022.
|Trelleborg Engineered Coated Fabrics
|Plexus Cotton Ltd
|Plains Cotton Growers Cooperative
|Calcot Cotton Cooperative
The following is a list of the top cotton manufacturing companies in the world, ranked according to production, sales, revenue, and market leadership.
Who is the largest producer of cotton in the world? Allenberg ranks number 1 on our list of the top 10 largest cotton manufacturing companies in the world in 2022. Allenberg Cotton Manufacturing Company (ACMC) is a vertically integrated textile and apparel company focused on the North American market. The company was established in 1895 and has more than 30 years of experience in manufacturing and supplying cotton fabrics.
The company operates two mills in North Carolina, USA, with over 8 million spindles, making it one of the largest spinning facilities in the world. It also has a vertically integrated supply chain, with its cotton ginning facility and ginned cotton warehouse in Texas.
- Headquarters: United States
Dunavant Enterprises ranks 2nd on this list of the top 10 largest producers of cotton in the world in 2022. The company is a leading global commodities trader and processor. It produces oilseeds and grains, cotton, wheat, cocoa beans, and coffee.
Dunavant Enterprises was founded by Dan Dunavant in 1864 in Greenville, Mississippi. It is based in Memphis, Tennessee with offices across North America and Europe. The company has been listed on the NYSE since 1987.
The company owns an extensive network of trained sales representatives who know the local markets well and can provide customers with advice on growing conditions, varieties, and other factors that can affect profitability.
- Headquarters: Tennessee, USA
Cargill ranks 3rd on this list of the top 10 largest cotton manufacturing companies in the world in 2022. Cargill is a global leader in agriculture, food, financial and industrial products, and services. It operates in more than 70 countries worldwide and employs over 140,000 people across its diverse business lines.
Cargill was founded in 1865 by William W. Cargill when he purchased a grain storage facility from J.P. Woodruff & Company in Conover, Iowa. He renamed it W.W Cargill Company and began trading commodities such as wheat and corn throughout the Midwest and Southwestern United States.
Today Cargill continues to expand its operations by acquiring other businesses and investing in new ventures that help it diversify into different industries such as renewable energy, real estate development, and private equity investment banking services among others
- Headquarters: Wayzata, Minnesota, USA
Trelleborg Engineered Coated Fabrics ranks 4th on this list of the top cotton producers in the world in 2022. The company is headquartered in Rutherfordton, North Carolina, USA, and has operations across the globe.
The company’s products include fiberglass fabrics, coated fabrics, and nonwovens. It offers its products under the brands Trelleborg Fabrics and Trelleborg Protective Solutions.
Trelleborg Engineered Coated Fabrics was founded by Henry W. Trelleborg in 1892 as a supplier of cotton fabrics to the textile industry. In 1963, it became a subsidiary of Corning Incorporated and started manufacturing fiberglass fabrics for use in construction applications such as roofing materials for automobiles and aircraft. In 1996, Corning divested its interest in Trelleborg Engineered Coated Fabrics which was subsequently acquired by KPS Capital Partners LLC for $1 billion in 2007.
- Headquarters: Rutherfordton, North Carolina, USA
Olam International ranks 5th on this list of the top 10 largest cotton suppliers in the world in 2022. It is a Singapore-based agribusiness company that deals with commodities such as cocoa, coffee, sugar, and cotton. The company was founded by Mr. Koos Bekker in 1972 as a trading company dealing with grains and livestock. In 1999, it started focusing on agricultural commodities and changed its name to Olam International Limited. It has its plantations for crops like cocoa, coffee, and tea.
In 2018, Olam had total revenues of USD 4 billion with an operating profit margin of 16%. The company has operations in over 70 countries around the world including China, India, and Brazil.
- Headquarters: Singapore
6. Noble Group
Noble Group ranks 6th on this list of the top 10 largest cotton manufacturing companies in the world in 2022. The company is based in Hong Kong and provides shipping services to different parts of the world. It was founded by Richard Elman and David Reuben in 1997 and has been listed on the Hong Kong Stock Exchange since 1999.
The company has several divisions that include transportation, energy, minerals & metals, food & beverage, and real estate services. Noble Group has over 1,300 offices across more than 50 countries and employs over 7,000 people worldwide.
- Headquarters: Hong Kong Island, Hong Kong
Plexus Cotton Ltd ranks 7th on this list of the top cotton companies in 2022. The company was founded in 1859 and is based in London, United Kingdom. It is one of the largest producers of cotton fabrics and yarns in Europe. The company produces various types of yarns including woolen, worsted, cotton, and viscose.
Its manufacturing facilities are located across Europe, Asia, and America. They have around 2300 employees working for them worldwide.
Plexus Cotton Ltd also owns two subsidiaries namely Plexus Yarns (India) Pvt Ltd and Plexus Yarns (China) Co Ltd which are based in India and China respectively.
- Headquarters: United Kingdom
Plains Cotton Growers Cooperative ranks 8th on this list of the top 10 largest cotton manufacturing companies in the world in 2022. Plains Cotton Growers Cooperative was founded in 1932. Its headquarters are located in Texas, USA. The company employs more than 4,000 people and has a revenue of $2 billion.
The company produces cotton, grain, and livestock products. It is one of the largest cooperatives in the world and has been ranked among the top 10 cotton manufacturing companies by Forbes magazine from 2015 to 2022.
- Headquarters: Texas, USA
Staplcotton Cooperative ranks 9th on this list of the top 10 largest cotton suppliers in the world in 2022.
The company was established in 1952 by a group of farmers from Minnesota and South Dakota who were looking for a better way to store their cotton crops. Today, it has become one of the largest textile manufacturing companies in North America. It’s headquartered in Minneapolis, Minnesota.
In addition to its headquarters, Staplcotton Cooperative has manufacturing facilities in Minneapolis and Sioux Falls, South Dakota; Shreveport, Louisiana; New Orleans, Louisiana; Chattanooga, Tennessee; and Nashville, Texas.
- Headquarters: USA
Rounding out this list of the top 10 largest cotton manufacturing companies in the world in 2022 is Calcot Cotton Cooperative. The company is based in Texas and is engaged in producing and selling cotton.
The company has a long history of serving its customers. It was founded in 1882 by L.L. Dyer, who purchased land for his cotton gin business, but he quickly realized that the land was more suitable for growing cotton than for processing it. He expanded his business by purchasing more land and adding new equipment to increase production capacity.
Today, Calcot has over 1,400 members from over 20 countries around the world who produce high-quality cotton using traditional methods as well as modern technologies. They use sustainable farming practices to ensure that their products are affordable and meet global demand for high-quality textiles without sacrificing sustainability or profitability.
- Headquarters: United States
With the top 10 largest cotton manufacturing companies in the world, we can see that there is a substantial amount of competition to manufacture in these countries. Companies are forced to compete to not only produce the highest quality product but provide the most competitive price for their customers.
So, if big brands like Allenberg and Dunavant Enterprises know how to tap into this market with the right strategies, you should too. Research how these companies approach their cotton industry sales strategies.
Additional Cotton Industry Manufacturers
Largest Cotton Producing Countries in the World
India is the largest producer of cotton in the world, followed by China. Here is a list of the largest cotton producing countries in the world in 2022.
|United States of America