The Future of Cotton
Cotton has always been a fiber of substantial economic impact as well as the backbone of textile industry from time
immemorial. The initial waves of industrialization evolved around the cotton textile industry which heralded a new
era of economic development. However, after the invention of manmade fibers which provided scope for maneuvering
fiber properties to suit specific end-use requirements, the share of cotton fiber in textile consumption has decline over
the years, a trend expected to continue in the future as well. But cotton is not going to lose its impact as a fiber of choice
in the fashion value chain; rather, it will gradually gain the status of a premier fiber for high-end fashion applications.
China, India, Pakistan, and the United States are expected to remain the major cotton-producing countries in the shortto
medium-term. The first three of these countries will increasingly play a dominant role in both cotton production as
well as the cotton textile industry. The branding of cotton, increased focus on the sustainable cotton value chain, the
introduction of cotton-specific programs by brands and retailers, and heightened consumer awareness have made the
global cotton, and cotton textile, industry more vibrant and dynamic. India being among the leading cotton fiber and
cotton textiles producers is well positioned to leverage its reputation as a cotton textile sourcing hub to strengthen its
Textile & Apparel Retailing
This Whitepaper attempts to identify new pockets of future growth and emerging opportunities across the T&A supply chain, within both the domestic market as well as the global one. It also elaborates the key challenges firms face while trying to maximize profitability and sustainability. While defining the challenges that lie ahead for the industry, this Whitepaper makes an attempt to list some of the initiatives industry leaders can take to make their businesses more focused, transparent, and cognizant.
Opening the Door: Opportunities & Challenges for the Garment Industry in Myanmar
Myanmar began reforming its economic policies rather belatedly, with two waves of reforms in 2011 and 2012. While the country has all the ingredients for making it a viable and attractive garment sourcing destination (e.g. abundant and cheap labor), it is also faced with some serious challenges (such as the fragile political scenario).
India's Attractiveness as a Key Sourcing Destination
The Global Textile and Apparel, or T&A, Trade is expected to grow to USD 1 trillion by 2020. However, with growth slowing down in developed markets, the dynamics of the global fashion market are expected to change dramatically. Emerging economies, namely Brazil, Russia, India & China, along with a few other Southeast Asian countries, are seen as the major growth drivers.
Global & Indian T&A sector and Opportunities in the Domestic Market
The global Textile and Apparel market reached USD 662 billion in 2011 and is projected to reach USD 1,060 billion by 2021. Although the demand from developed economies has slowed down, the global Textile and Apparel industry will witness robust demand from developing economies.