What is Cashmere Clothing Market?
Cashmere clothing is a type of wool that is made from the hair of cashmere goats and pashmina goats. It is one of the softest and most luxurious types of wool in existence. It is highly prized as a material for sweaters, scarves, and other light cold-weather gear. It is very fine, extremely soft feel and insulating properties. It is significantly warmer and lighter than sheep's wool. The factors such as a Rise in the Consumption of Premium Quality Clothing and Increased Disposable Income of the People are driving the global cashmere clothing market.
The market study is being classified by Type (Gade A Cashmere, Grade B Cashmere and Grade C Cashmere), by Application (Clothing, Accessories, Home Goods and Others) and major geographies with country level break-up.
Versace (Italy), Ralph Lauren Corporation (United States), Loro Piana (Italy), Brunello Cucinelli S.p.A. (Italy), Ermenegildo Zegna (Italy), Pringle of Scotland (United Kingdom), Autumn Cashmere of New York, Inc. (United States), Cashmere Holding LLC (Mongolia), Huzhou Zhenbei Cashmere Products Co., Ltd (China), LVMH Moet Hennessy Louis Vuitton SE (France) and Kiton (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kering S.A. (France), Herms International S.A. (France) and Giorgio Armani S.p.A. (Italy).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Italian Vendors will contribute to the maximum growth of Global Cashmere Clothing market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Cashmere Clothing market by Type, Application and Region.
On the basis of geography, the market of Cashmere Clothing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in the Consumption of Premium Quality Clothing
- Increased Disposable Income of the People
- Increased Number of Online Customers
- Robust Increase in the Distribution Channels
- Fluctuations in the Raw Material Prices
- Growing Demand from End-users
- Growth in the E-commerce Industry
- SLowdown of the World Economy
Key Target AudienceCashmere Clothing Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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