The new report on the Alpaca Fiber Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Alpaca Fiber Market during the forecast period of 2018 – 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Alpaca Fiber Market.
To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
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The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
Peruvian Alpaca Breeders Followed by Australians Gear Up to Boost the Growth of the Alpaca Fiber Market
The Ministry of Agriculture and Irrigation (MINAGRI), Peru, recently stated that Peru is the largest alpaca fiber producer in the alpaca fiber market, as around 3.8 million alpacas in the country – which is 87% of the world’s alpaca population. The annual production of alpaca fiber in Peru stands for over 4,501 tons and the Peruvian alpaca fiber exports surpassed US$ 68 million by the end of 2017. The Ministry of Foreign Trade and Tourism (Mincetur) stated that the country’s alpaca exports increased by over 110% in 2017 within a span of one year, with the rise of over 14% average per kilogram in the export price.
Peru continues to the world’s largest producer as well as exporter in the alpaca fiber market and the main destinations for the Peruvian alpaca fiber exports remain China and Italy. To capitalize on various business opportunities in the alpaca fiber market, the Ministry of Foreign Trade and Tourism (Mincetur) launched the luxury fashion brand “Alpaca del Perú” for the sale of high-quality alpaca fiber garments and accessories.
After Peru, the alpaca breeders in Australia are adopting innovative strategies to establish a stronger position in the alpaca fiber market. With the increasing alpaca population in Australia, the Australian Alpaca Association president predicts that the number will reach 1 million by the year 2021. The Australian alpaca fleeces are witnessing high demand across the fashion industry, especially in China. The alpaca market is witnessing rapid growth as alpaca fiber manufacturers in South Australia target a majority of Chinese clothing manufacturers. Owing to the quality of Australian alpaca fiber and the strict health standards established by the Australian government, demand for Australian alpaca fiber is likely to improve in the upcoming years. By exporting to the ever-expanding consumer goods markets like China, the alpaca fiber market in Australia is expected to account for a higher share in the global market in the upcoming years.
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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
The global Alpaca Fiber Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Alpaca Fiber Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Alpaca Fiber Market in the not-so-distant future?
- Which product/servAlpaca Fiber/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Alpaca Fiber Market?
- What are the strategies adopted by top players to retain their stronghold in the Alpaca Fiber Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Alpaca Fiber Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and prAlpaca Fiber trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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