Last Updated :
27 March 2010 at 12:55 IST
India set to strengthen position in organic cotton
CALIFORNIA (Commodity Online): India, the leading producer of organic cotton is set to strenghten it sposition due to popular aversion to genetically modified cotton and use of fertilisers and chemicals in farming, according ot a new report,
Organic Cotton: A Global Strategic Business Report from Global Industry Analysts (GIA). High cost of chemical fertilisers, lack of its availability is also responsible for growth in organic cotton in India , the report observed.
India, Syria, and Turkey account for more than 85% of the global organic cotton production .The United States represents the leading consumer of organic cotton and eco-textiles. The nation accounts for 40% of the organic cotton consumption in apparel products.
Organic cotton textiles have evolved from being a niche product for the environment-conscious consumers to emerging as a highly fashionable product sold in major fashion boutiques and renowned fashion houses. Organic cotton is the cotton produced without employing chemical fertilizers and pesticides on plants that are not modified genetically. The market is currently in evolving stage and is projected to expand significantly in the near term.
India is expected to seize a sizable stake in the organic textile sector across the globe. The rise in the country's output is primarily attributed to an aversion towards producing genetically-modified cotton, higher cost of synthetic pesticides, as well as lack of availability of fertilizers.
Organic fiber traded on the international market represents a very small portion of the overall global cotton market. There is a vast opportunity for developing nations to capitalize on this increasing global demand. Though the demand continues to outstrip supply, the developing nations face various challenges in terms of migrating to organic farming. The increasing awareness among consumers for sustainable and environment-friendly products is driving both high-end fashion stores as well as mass-market stores to further expand their collection of organic textile and clothing products. Traditionally, the organically-produced items were sold primarily at specialized organic textile shops, health stores, or through mail orders in Europe and the US. With the establishment of a well-defined organic market in these regions, big brands are expanding their presence in the organic sector.
Major participants in the organic cotton market include organic farming projects, producers of organic cotton yarns, and retailers. Select players profiled in the report include Agrocel Industries Ltd., Arvind Ltd., Cyarn Textile Co., Ltd., EcoFarms, Hemp Fortex Industries Ltd., Mavideniz Organic Group, Orimpex BV, Parko Textile, Pratibha Syntex Ltd., Rajlakshmi Cotton Mill Private Limited, Remei AG, and Sanko Textile.
The report by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competitive scenario, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of organic cotton production for regions including US, India, China, Syria, Turkey, Tanzania, Uganda, and Rest of World.
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