Global cashmere clothing market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing consumer preference for luxury and premium apparel. Cashmere is highly regarded for its softness, warmth, and luxurious feel, making it a desirable material for clothing items such as sweaters, scarves, and coats. As disposable incomes rise, particularly in emerging markets, more consumers are willing to invest in high-quality, luxurious clothing items like cashmere. Additionally, the fashion industry’s continuous innovation in design and production techniques has led to the creation of more affordable cashmere options, expanding the market’s accessibility to a broader consumer base.
In September 2022, UNIQLO Cashmere, a prominent brand renowned for its cashmere products, unveiled its latest innovation: 3D cashmere knits. These garments are meticulously crafted from pure cashmere using cutting-edge WHOLEGARMENT® Japanese knitting technology, resulting in seamless attire tailored to meet the burgeoning demand from women. This introduction reflects UNIQLO’s commitment to providing high-quality, technologically advanced cashmere apparel to discerning consumers.
In February 2022, Nuova Accademia di Belle Arti (NABA) saw the launch of an eco-conscious initiative by Italy. The institution introduced a new eco-cashmere sweater conceptualized by Marta Reparaz Lipperheide, a BA Fashion Design student. This initiative was prompted by the escalating demand for cashmere sweaters within the region. NABA’s eco-cashmere sweater underscores the growing emphasis on sustainability and environmental responsibility within the fashion industry, aligning with the institution’s ethos of fostering innovation and addressing contemporary societal needs.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Product
- By End-User
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Clinton Hill Cashmere Company, ERDOS Cashmere Group, Huzhou Zhenbei Cashmere Products Co., Ltd., Mongolia Cashmere Manufacturer, TSE Cashmere, and others.
Cashmere Clothing Market Report Segment
By Product
- Sweaters & Coats
- Pants & Trousers
- Tees & Polo
- Others (Scarves)
By End-User
- Men
- Women
By Distribution Channel
- Online
- Offline
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Cashmere Clothing Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Alyki – Felice De Palma & Co.
- Birdie Cashmere, Ltd. (BIRDIE LONDON)
- Brunello Cucinelli SpA
- Clinton Hill Cashmere Company
- Dolce & Gabbana S.r.l.
- ERDOS Cashmere Group
- Ermenegildo Zegna
- Giorgio Armani S.p.A.
- Gobi Corp.
- Hermes International S.A.
- Huzhou Zhenbei Cashmere Products Co., Ltd.
- Kering S.A.
- King Deer Group
- Kinross Cashmere
- Loro Piana S.P.A.
- Malo Spa
- Mongolia Cashmere Manufacturer
- NatureKnit
- NakedCashmere
- Pringle of Scotland Limited
- Ralph Lauren Corp.
- Repeat Fashion B.V.
- Sofia Cashmere
- The Ballantyne (Corso Italia S.P.A.)
- TSE Cashmere
- White + Warren
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