Revenue from the Cotton Growing industry in China was estimated to total $13.5 billion in 2014, down 4.8% from 2013. In the five years through 2014, industry revenue fell at annualized rate of 1.9%. These declines have largely been the result of competition from synthetic fiber manufacturers and imported cotton, and lower pricing levels.
China is the largest producer of cotton in the world, with a plant area of 4.0 million hectares in 2014. China is also the largest consumer market for cotton in the world, as cotton is one of the main raw materials for many Chinese industries.
The Cotton Growing industry in China grows seed cotton picked from the field. Processing is not included in this industry. Most farmers are self-employed and use part-time labor during the harvest season. Farmers generally have very small areas to farm, and often grow other crops or products on their land.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.