Cashmere Clothing Market Size Worth $3.50
Billion By 2025
The global cashmere clothing market size is expected to register a revenue of USD 3.50 Billion by the end of 2025. It is
expected to grow with a CAGR of 3.96% from 2019 to 2025. 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. Moreover, they enhance the aesthetic and appearance of users thereby driving the market growth.
Moreover, rising disposable income among the working population has paved the way for the demand for premium
products like cashmere clothing across the globe.
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 men end user segment is anticipated to register highest growth with a CAGR of 4.51% from 2019 to 2025 due to
rising demand for such clothing like trousers, fashion apparels and coats among men. 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. These players have started investing in R&Ds to launch variety of
products to cater to rising demand among the consumers. Moreover, large number of local players have started
penetrating in the local markets thereby driving the regional market growth.
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