India's cotton consumption at the farm gate in 2024 is forecasted to be 5.14 million metric tons, reflecting a steady increase from 2023's actual consumption of 5.03 million metric tons. The consumption is projected to continue growing annually through 2028, reaching 5.57 million metric tons. Year-on-year variations from 2024 to 2028 show incremental growth: 2.14% from 2024 to 2025, 2.10% from 2025 to 2026, 2.05% from 2026 to 2027, and 1.83% from 2027 to 2028. The CAGR over the five-year period is approximately 2.03%, indicating a consistent upward trend.
Future trends to watch for include technological advancements in cotton farming, shifts in global cotton demand, and policy changes that may impact production and consumption. Additionally, environmental considerations and sustainable farming practices will likely play a role in shaping the industry's future.
