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Global organic cotton clothes & products top $1bn in 2006
01 Nov '07
2 min read
The global organic cotton apparel, home and personal care products market topped one billion dollars in 2006, with estimates projecting a tripling of that amount by the end of 2008, and a further doubling by 2010, according to results of a forthcoming report from Berkeley, CA-based Organic Exchange (OE).
Highlights from the report were released at the organization's 5th Annual Conference and Marketplace in Monterey, CA October 31-November 2, attended by over 330 professionals from 39 countries representing the entire global organic fiber supply chain.
Organic production is based on a system of farming that maintains and replenishes soil fertility without the use of toxic and persistent pesticides and fertilizers or genetically modified seeds.
According to the “Organic Exchange Organic Cotton Market Report 2007,” global retail sales for organic cotton products increased 85% to $1.1 billion in 2006, up from $583 million in 2005, and is projected to increase 83% to $1.9 billion by the end of 2007. OE projects the market will increase to $3.5 billion in 2008, $4.5 billion in 2009 and $6.8 billion in 2010.
The five companies using the most organic cotton in 2006 were Wal-Mart (USA), Nike (USA), Coop Switzerland, Patagonia (USA) and Otto (Germany). Woolworth's South Africa and C&A (Belgium) have recently introduced large programs and OE expects the companies to make the Top Five list in 2007.
“Companies around the world are looking at their product lines and using organic cotton and other organic fibers to step more lightly on the planet,” said LaRhea Pepper, OE executive director.
“By supporting organic agriculture, companies eliminate the use of toxic pesticides and fertilizers, reduce the use of water due to soil building practices, and increase the number of beneficial insects and wildlife, all the while protecting the health of farmers and farm workers,” she continued.
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Highlights from the report were released at the organization's 5th Annual Conference and Marketplace in Monterey, CA October 31-November 2, attended by over 330 professionals from 39 countries representing the entire global organic fiber supply chain.
Organic production is based on a system of farming that maintains and replenishes soil fertility without the use of toxic and persistent pesticides and fertilizers or genetically modified seeds.
According to the “Organic Exchange Organic Cotton Market Report 2007,” global retail sales for organic cotton products increased 85% to $1.1 billion in 2006, up from $583 million in 2005, and is projected to increase 83% to $1.9 billion by the end of 2007. OE projects the market will increase to $3.5 billion in 2008, $4.5 billion in 2009 and $6.8 billion in 2010.
The five companies using the most organic cotton in 2006 were Wal-Mart (USA), Nike (USA), Coop Switzerland, Patagonia (USA) and Otto (Germany). Woolworth's South Africa and C&A (Belgium) have recently introduced large programs and OE expects the companies to make the Top Five list in 2007.
“Companies around the world are looking at their product lines and using organic cotton and other organic fibers to step more lightly on the planet,” said LaRhea Pepper, OE executive director.
“By supporting organic agriculture, companies eliminate the use of toxic pesticides and fertilizers, reduce the use of water due to soil building practices, and increase the number of beneficial insects and wildlife, all the while protecting the health of farmers and farm workers,” she continued.
Click here to view more:
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