Cashmere Clothing Market size is expected to register a revenue of USD 3.50 Billion by the end of 2025, according to a new report by Million Insights. 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.
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Market Synopsis of Cashmere Clothing Market:
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.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-cashmere-clothing-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Cashmere Clothing:
Market Variables, Trends & Scope
Chapter 4 Cashmere Clothing:
Product Estimates & Trend Analysis
Chapter 5 Cashmere Clothing:
Application Estimates & Trend Analysis
Chapter 6 Cashmere Clothing:
End-use Estimates & Trend Analysis
Chapter 7 Cashmere Clothing:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Cashmere Clothing:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Cashmere Clothing:
Manufacturers Company Profiles
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