Cotton is one of the most significant marketable crop. It is one of the world’s leading agricultural crops. It is plentiful and economically produced. Cotton fibers grow in a boll or protective case around the seeds of the cotton plants. These staple fibers are soft and fluffy. Each boll constitutes of 250,000 individual fibers. A short staple fiber ranges up to 1 1/8" and a long staple fiber ranges between 1 1/8" and 1 1/4". An extra-long one is between 1 3/8"and 2". Cotton is a pure cellulose fiber, most often spun into yarn or thread to make textiles. Tropical and sub-tropical areas are suitable for its cultivation. It requires less irrigation facility compared to other crops like Maize, Rice. The cotton fiber is almost pure cellulose unlike wool which can be hair of many animals and can be classified as protein. Economic growth, Government policies, Climatic conditions, Price of synthetic fibers like acrylic, nylon which can mimic cotton, oil prices are some of the key drivers for the cotton production during the period of study. Textile dyes market also influence the APAC cotton market because of cotton being the natural leader in its fiber segment followed by synthetic products like nylon, polyester, etc.
This report handles via acute analysis the Cotton market scene based on various parameters like, Product type, Botanical type, Staple length, end user industry. On the basis of product, this market is segmented into Organic, Conventional Cotton. On the basis of botanical, it is classified into Levant, Mexican, Tree, Extra Long staple cotton. On the basis of Staple length, it is segmented into Long, Medium, Short Staple cotton. And on the basis of end user industries cotton market is segmented into Textiles, Cotton seed oil, Paper, Medical, Cattle Feed, Rubber, Plastics and other applications. APAC Cotton market is forecasted to grow at a CAGR of XX% from 2018 to 2028.
The APAC Cotton market is also classified on the basis of Countries. China is the biggest contributor to the APAC market revenue at xx% of total revenue, while India is a close second at xx% with a very promising future on account of rapidly expanding applications in the developing economies in the region.
The APAC region is forecasted to experience phenomenal growth during the forecast period. The growth in this market is determined by the great requirements for textile and fabrics in APAC countries. Adding further, several new participants as well as consumers arriving in the worldwide market with larger presence in APAC countries due to reasons such as low labor cost and rising demand owing to the huge regional population are motivating the cotton market share in APAC towards surge in size, growth and adding several trends of its application. All this factors enhances the economic future of the APAC cotton market.