The cashmere knitting yarn market is projected to grow at a CAGR of 8.9% from 2023 to 2030. The market is driven by the rising demand for luxurious and comfortable clothing, accessories, and home textiles.
The market is segmented by type, application, and region. By type, the market is segmented into carded yarns and combed yarns. Carded yarns are coarser and suitable for casual wear, while combed yarns are smoother and finer and ideal for luxury garments.
By application, the market is segmented into cashmere clothing, accessories, and home textiles. Cashmere clothing includes sweaters, cardigans, and dresses. Cashmere accessories include scarves, hats, and gloves. Cashmere home textiles comprise blankets, throws, and cushions.
The key players in the market are Loro Piana, Cariaggi, Consinee Group, Filati Biagioli Modesto Srl, Erdos, Xinao, Filpucci, Kingdeer, and Zhongding Textile. These companies are investing in research and development, expanding their global distribution channels, and collaborating with renowned fashion brands to boost the market.
The report provides a comprehensive analysis of the cashmere knitting yarn market, including market size, growth drivers, trends, and challenges. The report also provides insights into the competitive landscape and the strategies adopted by the key players.