DUBLIN, Oct. 5, 2021 /PRNewswire/ — Market to grow and reach $50 Million in 2025 according to the “Cotton Ginning Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report that has been added to ResearchAndMarkets.com’s offering.

The global cotton ginning machinery market is expected to grow from $0.03 billion in 2020 to $0.04 billion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.05 billion in 2025 at a CAGR of 6.2%.

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