Cashmere Clothing Market size to grow by USD 829.46 million from 2022 to 2027, market is fragmented due to the presence of prominent companies like Alyki , Autumn Cashmere Inc. and Birdie London, and many more - Technavio

NEW YORK, Oct. 11, 2023 /PRNewswire/ --The cashmere clothing market is estimated to grow by USD 829.46 million from 2022 to 2027, growing at a CAGR of 5.42%. The cashmere clothing market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer cashmere clothing market are Alyki, Autumn Cashmere Inc., Birdie London, Citizen Cashmere Ltd., Ermenegildo Zegna N.V, GOBI Cashmere Europe GmbH, Gold Brothers, Harrods Ltd., James Johnston and Company of Elgin Ltd., Jennie Cashmere Inc., JM Knitwear Pvt. Ltd., John Hanly and Co Ltd, KIKI DE MONTPARNASSE, KINROSS CASHMERE, LVMH Moet Hennessy Louis Vuitton SE, Om Cashmeres, Pringle of Scotland, Pure Collection, SOFIACASHMERE, and TSE and Cashmere House Inc. For details on companies and their offerings – Buy a report!

Company Offering:

• Alyki - The company offers cashmere clothing such as Candy SW, Desert SW, and Ocean FW.
• Autumn Cashmere Inc. - The company offers cashmere clothing such as Boxy color block mesh, Distressed shaker crew, and Printed watercolor floral cardigan.
• Birdie London - The company offers cashmere clothing such as Signature birdie zip jumper.
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By Geography, the market is classified as Europe, North America, APAC, Middle East and Africa, and South America. Europe will have the largest share of the market. By geography, Europe is estimated to contribute 35% to the growth of the global market during the forecast period. The regional cashmere clothing market growth is attributed to the expected growth of the fashion industry and the presence of many high-end and high-end fashion companies in this region. Download a FREE sample report to get more insights on the market share of various regions and the contribution of the segments.

• Impactful driver- Growing influence of different marketing strategies on customers' purchase decisions
• Key Trend - Growing adoption of omnichannel retailing
• Major Challenges - High price of cashmere clothing

 Market Segmentation

• By Distribution Channel, the offline segment is significant during the forecast period. Department stores are a key part of the offline distribution channel and they offer reasonable luxury products that are on sale or remain from the previous season. This makes them an attractive choice for budget-conscious consumers looking for premium products at lower prices. Furthermore, various department stores around the world deliver luxury products at reasonable prices.

Technavio Research experts have provided more insights on the market share of segments - View a Sample Report

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TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Distribution Channel

7 Market Segmentation by Product

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

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SOURCE Technavio