The global Cashmere Clothing market was valued at 2867.37
Million USD in 2021 and will grow with a CAGR of 3.83% from 2021 to
2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Cashmere clothing is made from cashmere and cashmere yarn, including various sweaters, coats, trousers and other garments.China is the world`s largest supplier of raw materials, accounting for about 70% of cashmere in the world, while Italy is China`s largest export destination, in April 2017; Italy imported 98 tons of cashmere from China, Account 78% of the month`s exports. China is also the largest consumption market, due to the rapid growth of the national economy as well as people`s gradual improvement of life quality. Many famous brands have targeted in the region, like Loro Piana and Brunello Cucinelli. Although China is the largest cashmere garment manufacturer in the world, its own brand market share is very low. Most of them exist as OEM. This has led to the local enterprises in China at the bottom of the interests of the value chain for a long time. United States also players an important role in the global cashmere clothing industry. In 2016, the country consumed about 3.5 million units, holding more than 19% share globally. Asia region is the major manufacturing bases due to the low labor cost and material cost. Most famous brands have their plants or cooperative manufacturers in the region. In addition, when considering the whole industry market value, the fashion luxury cashmere clothing market is relatively concentrated, the top 20 manufacturers account for more than 50% share.
By Market Vendors:
Pringle of Scotland
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report
includes Global & Regional market status and outlook 2016-2027.
Further the report provides break down details about each region
& countries covered in the report. Identifying its sales, sales
volume & revenue forecast. With detailed analysis by types and
Market Trends: Market key trends which include
Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing
Demands and New Technology
Porters Five Force Analysis: The report provides
with the state of competition in industry depending on five basic
forces: threat of new entrants, bargaining power of suppliers,
bargaining power of buyers, threat of substitute products or
services, and existing industry rivalry.
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