What is Pure Cashmere Market Scope?
Pure cashmere is wool and only harvested from goats in very cold climates. It comes from one particular goat, the Capra hircus goat. These goats grow a double fleece (for insulation) consisting of a fine, fleecy undercoat with a coarse outer coating called guard hair. China is a large country to product cashmere; cashmere output is more than 1/2 of the world output. Cashmere output is limited, one goat can just produce 50-80g every year, and to make a cashmere sweater need 5 goats one-year product.
The Pure Cashmere market study is being classified by Type (Sweater, Cardigan, Dress, Coat, Scarf and Others) and major geographies with country level break-up.
The Vendors having a strong hold in the market are Consinee Cashmere Yarn, Gobi Cashmere, and Cashmere Holding. Analysts at AMA predicts that Vendors from Asian will contribute to the maximum growth of Global Pure Cashmere market throughout the predicted period.
Consinee Cashmere Yarn (China), Gobi Cashmere (Mongolia), Cashmere Holding (Mongolia), Sor Cashmere (Mongolia), Erdos Group (China), Kingdeer (Mongolia), Viction Cashmere (China), Dongrong Group (China), Ningxia St.Edenweiss International Enterprises Group Co., Ltd (China) and Tianshan Wool (China) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Pure Cashmere market by Type, Application and Region.
On the basis of geography, the market of Pure Cashmere 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).
Market Influencers and their development strategies
On 3rd August 2019, Gobi Corporation has announced its plans to enter the United States market by September 2019. The subsidiary Gobi Cashmere USA will be located in Los Angeles. The Gobi will also be launching an e-commerce website specially dedicated to United States customers. This was announced during the recent visit of Mongolian President to the United States.
Influencing Market Trend
Market Drivers
- Increasing demand form in European countries is fuelling the growth of the global pure cashmere market. Cashmere fiber is the thinnest fiber in animal fiber, natural curly is high, it is close-ranged when textile, so it has a good warmth ability due to this Italy and the United Kingdom are the main consumption regions of the pure cashmere.
Opportunities
- Rising Disposable Income and Urbanization is creating Opportunity of Market
Restraints
- High-Cost Associated with Pure Cashmere Products
- Pure Cashmere is Majorly Produced in China, Mongolia, and Afghanistan
Key Target Audience
Pure Cashmere Product Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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