21.04.2021 Views

Cashmere Clothing Market Size Worth $3.50 Billion By 2025

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Cashmere Clothing Market Size Worth $3.50

Billion By 2025

“The global cashmere clothing market size is expected to register a revenue of USD 3.50

Billion by the end of 2025. It is expected to grow with a CAGR of 3.96% from 2019 to 2025.

This growth can be attributed to availability of finest quality cashmere yarn which is

lighter, stronger and softer than the other types of wool.”

The global cashmere clothing market size is expected to register a revenue of USD 3.50 Billion by the end of 2025. It is

expected to grow with a CAGR of 3.96% from 2019 to 2025. This growth can be attributed to availability of finest quality

cashmere yarn which is lighter, stronger and softer than the other types of wool.

This type of clothing has good moisture content and thereby can be easily adjustable at all temperatures and climatic

conditions. Moreover, they enhance the aesthetic and appearance of users thereby driving the market growth.

Moreover, rising disposable income among the working population has paved the way for the demand for premium

products like cashmere clothing across the globe.

The sweaters & coats products segment held the highest share of 52% across the global cashmere clothing market. On

the other hand, the tees and polo segment are anticipated to witness the highest growth rate with a CAGR of 5.67%from

2019 to 2025 due to improving living standard among the millennials across the globe.

The men end user segment is anticipated to register highest growth with a CAGR of 4.51% from 2019 to 2025 due to

rising demand for such clothing like trousers, fashion apparels and coats among men. The women's end-user segment

held the largest share in the global market in 2018 owing to rising demand for scarves and shawls among women.

Key players in the market of cashmere clothing are Brunello Cucinelli S.p.A., Loro Piana S.P.A., Sofia Cashmere, Autumn

Cashmere, Malo, and Alyki - Felice De Palma & Co. These players have started investing in R&Ds to launch variety of

products to cater to rising demand among the consumers. Moreover, large number of local players have started

penetrating in the local markets thereby driving the regional market growth.

Request Sample Copy of This Market Research @

https://www.millioninsights.com/industry-reports/global-cashmere-clothing-market/request-sample


Further key findings from the report suggest:

• In 2018, the sweaters & coats product segment held the highest share of 52% across the global market.

• The end-user segment of women held the largest share across the global market in 2018.

• Asia Pacific is anticipated to be second largest growing region across the global cashmere clothing market.

• Key players such as Loro Piana S.P.A., SofiaCashmere, Autumn Cashmere, TSE Cashmere, Malo, and Corso Italia S.p.A.

are focusing on strategic initiatives such as new product lauches.

Browse Full Research Report @

https://www.millioninsights.com/industry-reports/global-cashmere-clothing-market

Million Insights has segmented the global cashmere clothing market on the basis of product, end user, and region:

Cashmere Clothing Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Sweaters & Coats

• Pants & Trousers

• Tees & Polo

• Others

Cashmere Clothing Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Men

• Women

Cashmere Clothing Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America

• U.S.

• Europe

• Germany


• Italy

• Asia Pacific

• China

• Japan

• Central & South America

• Brazil

• Middle East & Africa

• South Africa

See More Reports of this Category by Million Insights @

https://www.millioninsights.com/industry/consumer-goods


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction.

Our representatives strive to understand diverse client requirements and cater to the same with

the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: 1-408-610-2300

Email: sales@millioninsights.com

Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016

India

Phone: 91-20-65300184

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!