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Cashmere Clothing Market Global Opportunity Analysis and Industry Forecast, 2018 - 2025

04-09-2020 05:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Cashmere is an old spelling for Kashmir, a state situated in the northern part of India. Cashmere clothing is made from the wool derived from the goats in Kashmir. This wool is far better than any traditional wool in terms of quality. The cashmere wool is not only finer, softer, and lighter but is also stronger than any other wool. The cashmere clothes are available in the form of dresses, mufflers, sweaters, trousers, and others. The clothes made from cashmere wool are fashionable and warm.

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China is the largest manufacturer of cashmere wool followed by Mongolia, Afghanistan, Iran, and Turkey. Clothes made from cashmere are often considered a luxury item; however, not all the items are equally priced. White cashmere fibers are priced high as they are rare and do not require any form of dying. The global cashmere clothing market is driven by the rise in consumption of premium quality clothing and the impact of fashion as a culture throughout the world. The demand for cashmere clothing is also supplemented by increase in disposable income and penetration of internet and media throughout the globe. However, heavy production cost coupled with the low availability of raw materials act as the major restraint for the global cashmere clothing market.

The cashmere clothing market is segmented based on type, end user, and region. Based on the type, the market is classified into sweaters, trousers, coats, dresses, and others. By end user, the market is divided into men, women, and children. By region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Some of the major players analyzed in this report are Burberry Group plc., Dolce&Gabbana, Ermenegildo Zegna, Giorgio Armani S.p.A., Herms International S.A., Kering S.A., Kiton, LVMH Moet Hennessy Louis Vuitton SE, Prada, Ralph Lauren Corporation, and Versace.

Key Benefits for Cashmere Clothing Market:

This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global cashmere clothing market from 2017 to 2025 to identify the prevailing market opportunities.

The key countries in all the major regions are mapped based on their market share.

Porters Five Forces analysis highlights the potency of the buyers and suppliers to enable the stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.

In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

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