What is Woolen Cloth Market?
Woolen cloths is a textile fiber made by wool. Wool is obtained from sheep as well as another animal. Additionally, it is obtained from cashmere & mohair from goats, qiviut from muskoxen, angora from rabbits, fur clothing from bison and other category wool from camelids. It contains protein together with some percent lipids. There are various types of woolen cloths available such as blankets, horse rugs, saddle cloths, and carpeting.
The market study is being classified by Type (Sheep's Wool, Merino Wool, Angora Wool, Cashmere Wool and Others), by Application (Blankets, Horse Rugs, Saddle Cloths, Carpeting, Insulation, Upholstery and Others) and major geographies with country level break-up.
Pendleton Woolen Mills (United States), Woolrich (United States), Toray (Japan), Teijin (Japan), ARTESETA (Italy), Icebreaker (clothing) (New Zealand), Smartwool (United States), Minus33 (United States), SPIRIT CO., LTD (Japan) and Ibex Outdoor Clothing (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Ortovox Wool (United States), Darn Tough Wool (United States) and LANIFICIO CORTI MARCELLO SRL (Italy).
Global Woollen Cloths Market was showing strategic monopoly due to the presence of some major players such as Pendleton Woolen Mills (United States), Woolrich (United States), Toray (Japan) and Teijin (Japan). However to gain market share in upcoming year manufacturers have shifted their preferences towards up gradation in quality of product and need to come up with trendy style clothes. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Woolen Cloth market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Woolen Cloth market by Type, Application and Region.
On the basis of geography, the market of Woolen Cloth has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Changing Lifestyle of Consumers
- Availability in Various Colors
Market Trend
- Inclination towards Different Style
- Increasing Used in Fashion Industry
Restraints
- Seasonable Need
- Threat of Substitutes
Opportunities
Market Leaders and some development strategies
On 23rd October 2018, L-GAM Advisors (a Luxembourg-based investment company sponsored by the Royal Liechtenstein family) has acquired the US outwear brand Woolrich International Ltd.
Key Target Audience
Woolen Cloth Manufactures, Woolen Supplier/Distributor, Fashion Industry, Potential Investors, Private research Organization, Government Research Organization and Others