Cashmere Market based on Type (Natural and Processed), End-User Application (Sweaters, Shawls, Socks, Suits, and Others), and Geography –Global Forecast up to 2026

  • July, 2021
  • Domain: Chemicals, Materials & Food - Agro, Pharma, Food & Personal Care
Pages: 66
Tables: 44
Charts: 74
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
  • Get Free 10% Customization in this Report

Cashmere is the wool taken from the soft, fluffy underlayer of a goat’s coat. Cashmere is a costly and rare fiber. Cashmere fiber is significantly produced in connecting the Himalayas in Mongolia, India, China, and Pakistan. In few parts of Asia Pacific, cashmere yarn is also referred to as pashmina. The scarcity of cashmere fiber is due to the geographically remote and extremely harsh conditions of its production and the labor-intensive but refined skills needed for each stage of processing. Demand for cashmere is projected to rise at a quick pace during the forecast period. Demand for clothes produced from cashmere is enormous worldwide due to the quality and scarcity of cashmere fiber, projected to propel the cashmere market. In addition, the consumer expenditure on cashmere clothes is increasing due to rising disposable income in countries such as China, India, and the U.S. This, in turn, has been fueling the cashmere market for the last few years. Factors such as the high cost of the cashmere yarn and cheaper alternatives for the cashmere are likely to hinder the cashmere market growth. The Cashmere Market is anticipated to grow at the rate of 3.81% CAGR by 2026.  

Research Methodology:

The Cashmere Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Cashmere Market

Cashmere Market on the basis of Type

  • Natural
  • Processed

Cashmere Market on the basis of End-User Application

  • Sweaters
  • Shawls
  • Socks
  • Suits
  • Others

Cashmere Market on the basis of Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

As per the cashmere market by type, the market is bifurcated into natural and processed. The processed cashmere type is holding a vital share in the market. The processed cashmere fiber type undergoes de-hair, carding, washing, and then it is either ready to spin or to knit. The processed cashmere is dyed and bleached. The vital share of this segment is attributed to the rising demand for readymade clothing products and the easy availability of the processed cashmere products.

Based on end-user application, the cashmere market is divided into sweaters, shawls, socks, suits, and others. Among them, the sweaters segment is expected to have the highest share in the market. This is due to the high usage of cashmere in making sweaters and the increasing demand for various premium sweaters such as formal wear and casuals. The cashmere fiber is considered best suitable for sweaters, which provide comfort, warm, smooth, and cozy feelings. Thus, the above factors are responsible for segment growth.

Based on the geographical cashmere market, the market is categorized by North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific region is expected to dominate a substantial share of the cashmere market. Since in the Asia Pacific region, China is the major country for producing raw cashmere, and other Asia Pacific region countries are Mongolia, Afghanistan, Iran, and Turkey.

The various clothing products are manufactured using cashmere across the world. Since cashmere yarns are lightweight, robust, finer, and smoother than the rest of the types, which increases the demand for cashmere across the world. They also have better moisture content and thus can be easily adaptable at all temperatures and climatic conditions. They help intensify the aesthetic appearance. Such factors are projected to drive the cashmere market over the forecast period.

Players identified in the cashmere market report are The Cashmere Co-op, Bergere de France, Todd & Duncan (Zhongyin Cashmere Co), King Deer Cashmere, Consinee Group, Erdos Group, Artyarns, Jade Sapphire, Pepperberry Knits, and Debbie Bliss.

As a result, the cashmere market is growing at a rapid growth in the future. The cashmere yarn is used for various purposes and the various benefits provided by the cashmere in the winter season. Cashmere is considered a luxury in clothing apparel which is why cashmere products have high demand.

  • The report offers an overall analysis of the cashmere market by type, end-user application, and geography.
  • This study includes complete information on attributes influencing market growth, such as drivers, constraints, opportunities, and challenges.
  • This report depicts the projections of the market size in major regions, including Asia Pacific, Europe, North America, and the RoW.
  • This study also analyzes the competitive outlook mapping in terms of product launches, advancements, mergers, and expansions of the key vendors.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Type: Market Size & Analysis
    1. Overview
    2. Natural
    3. Processed
  6. End-User Application: Market Size & Analysis
    1. Overview
    2. Sweaters
    3. Shawls
    4. Socks
    5. Suits
    6. Others
  7. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  8. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  9. Vendor Profiles
    1. The Cashmere Co-op
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Bergere de France
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Todd & Duncan (Zhongyin Cashmere Co)
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. King Deer Cashmere
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Consinee Group
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Erdos Group
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Artyarns
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Jade Sapphire
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Pepperberry Knits
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Debbie Bliss
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  10. Analyst Opinion
  11. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

Interested in this report?
Get your FREE sample now!

Select User License

$

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer 10% worth of FREE customization at the time of purchase