What is the global market size of Cashmere Clothing Market?

Cashmere Clothing Market size was valued at USD 3.07 billion in 2021 and is poised to grow from USD 3.2 billion in 2022 to USD 4.44 billion by 2030, growing at a CAGR of 4.2% in the forecast period (2023-2030).

Cashmere Clothing Market Size, Share, Growth Analysis, By Product, Distribution channel, Category

Global Cashmere Clothing Market Competitive Landscape

Top Players in the Global Cashmere Clothing Market

Loro Piana
Brunello Cucinelli
The Elder Statesman
The Cashmere Shop
N.Peal
White + Warren
Pure Collection
TSE
Goat Fashion
Autumn Cashmere
Alanui
Sofia Cashmere
Eric Bompard
Malo
Barrie
Chinti and Parker
Christopher Fischer
Johnstons of Elgin
Begg & Co
Madeleine Thompson

Cashmere Clothing Market

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Cashmere Clothing Market size was valued at USD 3.07 billion in 2019 and is poised to grow from USD 3.2 billion in 2023 to USD 4.44 billion by 2031, growing at a CAGR of 4.2% in the forecast period (2024-2031).

Global cashmere clothing market is disintegrating and is highly competitive owing to the presence of major players and regional players. Collaboration, mergers, acquisitions and new product launches have adopted these strategies by companies to enhance the growth of the business. All the dominant players are performing better than one another in specific parameters and in this way, the competition in the global cashmere clothing market is intensifying. 'Loro Piana', 'Brunello Cucinelli', 'The Elder Statesman', 'The Cashmere Shop', 'N.Peal', 'White + Warren', 'Pure Collection', 'TSE', 'Goat Fashion', 'Autumn Cashmere', 'Alanui', 'Sofia Cashmere', 'Eric Bompard', 'Malo', 'Barrie', 'Chinti and Parker', 'Christopher Fischer', 'Johnstons of Elgin', 'Begg & Co', 'Madeleine Thompson'

As popularity and demand for cashmere apparel products have risen, many industrialized countries import these products, which are considered premium. Globally, factors such as rising demand for high-quality clothes and the adoption of fashionable and luxury garments are expected to fuel market expansion.

The ERDOS Group has opened ERDOS Cashmere Care Centers in Beijing and other major cities to provide cleaning, maintenance, and repair services to their member customers. Centralised and specialized care services can help to reduce environmental impact by reducing water and detergent consumption. Many cashmere garments that had been worn for more than 20 or even 30 years were sent for care. Customers can place an order online or in-store to have an adult cashmere item transformed into a children's cashmere item by professional crafters. It is intended for customers who want to turn their cashmere sweater into a new one for their children. This innovative alteration service not only allows for the reuse of old cashmere clothing, but also gives it a strong sense of heritage, demonstrating the emotional connection between generations.

Europe held the largest share of the global cashmere clothing market owing to the increasing demand for different types of cashmere products in countries like Germany, Italy, and the UK. Furthermore, Europe is considered as the world’s fashion hub because of the presence of several luxury brands in this region, which is also propelling growth of the market.

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Global Cashmere Clothing Market Size, Share, Growth Analysis, By Product(Sweaters, Coats), By Distribution channel(Supermarkets, Hypermarkets), By Category(Men, women) - Industry Forecast 2024-2031

Global Cashmere Clothing Market Competitive Landscape

Global Cashmere Clothing Market Report Snapshots

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Global Cashmere Clothing Market Size, Share, Growth Analysis, By Product(Sweaters, Coats), By Distribution channel(Supermarkets, Hypermarkets), By Category(Men, women) - Industry Forecast 2024-2031

Global Cashmere Clothing Market Competitive Landscape

Global Cashmere Clothing Market Report Snapshots

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