Introduction
Cashmere is made by an extremely soft finish, which results into delicate fibers that are almost silky to touch. It does not provides any itchy quality of wools but still gives an insulating warmth without having to be wrapped in layers. Cashmere is produced form the goats in very cold climate. It is mainly produced from one particular goat named as capra hircus goat. These types of goat grow a double fleece for the insulation which consists of a fine, fleecy undercoat with a coarse outer coating referred as guard hair. Moreover, cashmere comes in several different types, which mainly depends upon the environmental factors around the animal it comes from. Additionally, the most luxurious cashmere wools occurs from the areas where the yarn is considered for its long, smooth straight fibers.
Market Dynamics
The global pure cashmere market is driven by several factors such as it is very light weight and very warm in use. Cashmere clothing has become more popular because of its classic styling and durability, which is one of the major factor driving the growth of the market. Moreover, it is extremely soft and comfortable which is propelling the growth of the market. One of the important factor boosting the growth of the market is , it is easily adaptable to the temperature due to the high moisture content of the wool.
However, pure cashmere are more costly and are available in limited quantity are some of the restraining factors hampering the growth of the market.
Market Classification and Overview
The global pure cashmere market is segmented into type, application, and region
On the basis of type, the market is segmented into white cashmere, cyan cashmere, purple cashmere, and others.
On the basis of application, the market is segmented into cashmere clothing, cashmere, accessory, cashmere home textiles, and others.
Regional Overview
Geographically, the global pure cashmere market is bifurcated into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).
Asia Pacific is expected to dominate the growth of the market owing to the increasing demand for the pure cashmere. The increasing manufacturers of cashmere specially in China is expected to boost the market growth in this region.
North America is expected to witness strong growth during the forecast period 2018-2026, owing to the changing lifestyle and increasing demand for the market. The well economic condition and financial growth in this region is driving the market.
Europe is expected to hold the major share during the forecast period 2018-2026, owing to the presence of large number of industries. It is estimated that Europe market imports pure cashmere mainly from China, which is further expected to propel the growth of the market in this region. Additionally, LAMEA is expecting a steady growth owing to the poor economic condition.
Report Coverage
Market |
Pure Cashmere Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Type, Application, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
The pure cashmere market comprises of some of the major players such as
Market Segmentation
Market By Type
Market By Application
Market By Geography