Cashmere Clothing Industry Overview
The global cashmere clothing market size was estimated at USD 2.80 billion in 2023 and is expected to grow at a CAGR of 6.2% from 2024 to 2030.
Cashmere clothing has gained significant traction globally, becoming synonymous with luxury, comfort, and style. Derived from the soft fibers of cashmere goats, this exquisite material is known for its exceptional warmth and unparalleled softness. Cashmere clothing has witnessed a steady rise in demand, driven by consumers' increasing preference for high-quality, natural fibers.
Gather more insights about the market drivers, restrains and growth of the Cashmere Clothing Market
In addition, the influence of fashion trends and celebrity endorsements play a role in driving product demand. Celebrities often showcase and promote cashmere clothing, including pants and trousers, increasing consumer interest. The aspirational value associated with these garments further propels the product demand, as consumers seek to emulate the style and sophistication of their favorite influencers. For example, Taylor Swift, Kate Middleton, Emily Ratajkowski, Selena Gomez, and Carrie Underwood are known to own and promote cashmere clothing, contributing to its popularity. In September 2022, Gigi Hadid launched her own direct-to-consumer cashmere line called Guest In Residence, and in January 2023, Brad Pitt co-founded the luxury label God’s True Cashmere. These celebrity endorsements have helped bring attention to cashmere clothing and have influenced consumer interest in the fabric.
The surging demand for cashmere clothing can be attributed to a confluence of factors that resonate with modern consumers. Renowned for its unparalleled softness and luxurious texture, cashmere offers a sensory indulgence that aligns with the contemporary emphasis on comfort and quality. Its natural insulation, providing warmth without bulk, caters to diverse weather conditions, enhancing its appeal as a versatile wardrobe staple.
The durable nature of cashmere, when responsibly sourced, aligns with the growing trend of ethical and sustainable fashion. Fashion influencers and designers alike have embraced cashmere, integrating it into diverse styles, and contributing to its prominence in high-end collections and on social media platforms. The increasing accessibility of cashmere, coupled with rising disposable income, has facilitated its adoption by a wider demographic globally. As consumers prioritize longevity and value in their purchases, the enduring allure of cashmere continues to make it a coveted choice in the evolving landscape of fashion preferences.
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Cashmere Clothing Market Segmentation
Grand View Research has segmented the global cashmere clothing market based on product, end-user, distribution channel, and region:
Cashmere Clothing Product Outlook (Revenue, USD Million, 2018 - 2030)
- Sweaters & Coats
- Pants & Trousers
- Tees & Polo
- Others
Cashmere Clothing End-user Outlook (Revenue, USD Million, 2018 - 2030)
- Men
- Women
Cashmere Clothing Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Online
- Offline
Cashmere Clothing Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Spain
- Italy
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
Key Companies profiled:
- Loro Piana S.P.A.
- Brunello Cucinelli S.p.A.
- Pringle of Scotland Ltd
- Autumn Cashmere
- TSE Cashmere
- 360CASHMERE
- REPEAT cashmere
- WHITE + WARREN
- KINROSS CASHMERE
- LISA TODD
- Gobi Cashmere
Key Cashmere Clothing Company Insights
- Loro Piana offers a range of luxurious garments, including sweaters, scarves, outerwear, and accessories, all known for their unparalleled softness and quality. The brand is synonymous with timeless elegance, combining traditional Italian craftsmanship with a commitment to sustainability.
- Pringle of Scotland Ltd is a fashion brand that manufactures and designs apparel for women and men. The company specializes in cashmere knitwear and has been granted a royal warrant to produce knitted garments.
Recent Developments
- In January 2024, WHITE + WARREN announced a collaboration with the Metropolitan Museum of Art for the launch of its limited-edition collection. The luxury knitwear brand partnered with the cultural institution to release a 10-piece cashmere capsule for winter. The collection was inspired by two tapestries: "Arms of Greder Family of Solothurn, Switzerland" and "Fragment of a Tapestry or Wall Hanging." The collection also included embroidered cashmere beanies featuring The Met’s vintage Renaissance M logo and White + Warren's travel wrap. The collaboration was available for purchase on WhiteandWarren.com and at The Metropolitan Museum of Art's gift shop
- In October 2023, Loro Piana reopened its flagship store in Dubai after undergoing renovation. The store includes a new concept, providing a luxurious shopping experience. The store spans two floors with a private entrance for VIP clients. The interior design showcases Loro Piana's iconic style, with natural materials, warm colors, and signature wood and marble details. Loro Piana fabrics inspire the store's façade and have been redesigned with terracotta ceramic tiles.
Order a free sample PDF of the Cashmere Clothing Market Intelligence Study, published by Grand View Research.
Cashmere clothing market are those which are manufactured using cashmere and cashmere yarn.
They are one of the softest fibres and can be woven into extremely smooth, luxurious, long-lasting clothes, but it comes at a price.
They are widely used for the manufacturing of tees& polo, sweaters , pants and other.cashmere clothing market is set to witness a steady CAGR of 3.88% in the forecast period of 2019- 2026.
The report contains data of the base year 2018 and historic year 2017.
Increasing popularity of these products and adjustable nature of these products are the factor for the growth of this market.FREE | Get a Copy of Sample Report Now!
@https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cashmere-clothing-marketMarket Drivers and Restraints:Increasing demand for premium quality product will drive the market growthRising disposable income also enhances demand of cashmere clothing in the marketRising demand for cashmere clothing such as coat & tees is another factor boosting the market growth The ability to enhance the aesthetic apparel acts as a market driver aHigh manufacturing cost restricts the growth of the market in the forecast periodLimited availability of raw material also acts as a market restraintThe major players covered in the Cashmere Clothing Market Forecasted Few of the major competitors currently working in the global cashmere clothing market are Loro Piana S.P.A., Brunello Cucinelli SpA, Alyki - Felice De Palma & C., Pringle of Scotland, Ermenegildo Zegna Holditalia S.p.A., SofiaCashmere, Autumn Cashmere., Malo, Crown Cashmere, NG Apparels, The White Company, James Johnston & Company of Elgin Limited., Kutenai Clothing, KINROSS CASHMERE, NatureKnit, Invisible World., Ameri, Reformation, Naadam, among others.Major TOC Of The ReportChapter One: Cashmere Clothing Market Forecasted OverviewChapter Two: Manufacturers ProfilesChapter Three: Global Cashmere Clothing Market Forecasted Competition, by PlayersChapter Four: Global Cashmere Clothing Market Forecasted Size by RegionsChapter Five: North America Cashmere Clothing Market Forecasted Revenue by CountriesChapter Six: Europe Cashmere Clothing Market Forecasted Revenue by CountriesChapter Seven: Asia-Pacific Cashmere Clothing Market Forecasted Revenue by CountriesChapter Eight: South America Cashmere Clothing Market Forecasted Revenue by CountriesBrief about Cashmere Clothing Market Forecasted Report with TOC@https://www.databridgemarketresearch.com/toc/?dbmr=global-cashmere-clothing-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global Cashmere Clothing Market ForecastedAnalysis of market effect factors and their impact on the forecast and outlook of the global Cashmere Clothing Market ForecastedThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Cashmere Clothing Market ForecastedA roadmap of growth opportunities available in the global Cashmere Clothing Market Forecasted with the identification of key factorsThe exhaustive analysis of various trends of the global Cashmere Clothing Market Forecasted to help identify market developmentsKey Questions Answered in Report:What is the key to the Cashmere Clothing Market Forecasted ?What will the Cashmere Clothing Market Forecasted Demand and what will be Growth?What are the latest opportunities for Cashmere Clothing Market Forecasted in the future?What are the strengths of the key players?Find the comprehensive Cashmere Clothing Market Forecasted research report here with a single click at@https://www.databridgemarketresearch.com/reports/global-cashmere-clothing-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
Global wool production is about 2 million tonnes (2.2 million short tons) per year, of which 60% goes into apparel.
Wool comprises ca 3% of the global textile market, but its value is higher owing to dyeing and other modifications of the material.
Australia is a leading producer of wool which is mostly from Merino sheep but has been eclipsed by China in terms of total weight.
New Zealand (2016) is the third-largest producer of buying Wool Online in India at Best Price and the largest producer of crossbred wool.
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Also, a thriving home-flock contingent of small-scale farmers raises small hobby flocks of specialty sheep for the hand-spinning market.
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.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-cashmere-clothing-market/request-sample 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 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.
