Germany Cashmere Clothing Market Size & Outlook, 2023-2030
Germany cashmere clothing market, 2018-2030 (US$M)
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Germany cashmere clothing market highlights
- The Germany cashmere clothing market generated a revenue of USD 224.5 million in 2023 and is expected to reach USD 312.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, sweaters and coats was the largest revenue generating product in 2023.
- Tees and Polo is the most lucrative product segment registering the fastest growth during the forecast period.
Cashmere clothing market data book summary
| Market revenue in 2023 | USD 224.5 million |
| Market revenue in 2030 | USD 312.3 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Sweaters and coats |
| Fastest growing segment | Tees and Polo |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sweaters and Coats, Pants and Trousers, Tees and Polo |
| Key market players worldwide | Brunello Cucinelli SpA, The Naga Group AG, Repeat Cashmere, Lvmh Moet Hennessy Louis Vuitton SE, Pringle of Scotland, Autumn Cashmere, TSE Cashmere, 360Cashmere, White + Warren, Dawson Forte Cashmere, Lisa Todd, Gobi Cashmere |
Other key industry trends
- In terms of revenue, Germany accounted for 8.0% of the global cashmere clothing market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cashmere clothing market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 162.2 million by 2030.
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Cashmere Clothing Market Scope
Cashmere Clothing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany cashmere clothing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cashmere clothing market will help companies and investors design strategic landscapes.
Sweaters and coats was the largest segment with a revenue share of 48.73% in 2023. Horizon Databook has segmented the Germany cashmere clothing market based on sweaters and coats, pants and trousers, tees and polo covering the revenue growth of each sub-segment from 2018 to 2030.
The popularity of cashmere in Germany can be attributed to its ability to complement various fashion styles and occasions. Cashmere sweaters and scarves are popular for both casual and formal occasions.
Furthermore, the growing emphasis on sustainability and ethical production practices has increased the demand for responsibly sourced cashmere among German consumers. Brands that prioritize eco-friendly and fair-trade practices resonate well with eco-conscious consumers, further fueling the popularity of cashmere products that align with these values.
In addition, global brands that strictly follow ethical standards in producing sustainably sourced cashmere apparel and utilizing the finest Mongolian cashmere wool are increasing their presence in the retail landscape of Germany.
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Our clientele includes a mix of cashmere clothing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany cashmere clothing market , including forecasts for subscribers. This country databook contains high-level insights into Germany cashmere clothing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cashmere clothing market size, by product, 2018-2030 (US$M)
Germany Cashmere Clothing Market Outlook Share, 2023 & 2030 (US$M)
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