South Africa Cashmere Clothing Market Size & Outlook
South Africa cashmere clothing market, 2018-2030 (US$M)
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South Africa cashmere clothing market highlights
- The South Africa cashmere clothing market generated a revenue of USD 7.1 million in 2023 and is expected to reach USD 13.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9% 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 7.1 million |
| Market revenue in 2030 | USD 13.0 million |
| Growth rate | 9% (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, South Africa accounted for 0.3% 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 Middle East & Africa, South Africa cashmere clothing market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 13.0 million by 2030.
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Cashmere Clothing Market Scope
Cashmere Clothing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 52.11% in 2023. Horizon Databook has segmented the South Africa 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.
Savanna and Boer goats in South Africa are known for producing high-quality cashmere with superwhite, high-graded fibers. These fibers possess the correct diameter and length, making them ideal for cashmere production.
The cashmere from these goats is prized for its softness, warmth, and luxurious feel, making it sought-after in the textile industry. The existence of cashmere processing facilities in South Africa presents significant growth opportunities for the cashmere clothing market in the region.
These facilities play a crucial role in the production and refinement of cashmere fibers, allowing for the creation of high-quality cashmere clothing items. For example, Ivili Loboya stands out as one of Africa's few wool and cashmere processing facilities at Ibika Industries in Butterworth, Eastern Cape.
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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 South Africa cashmere clothing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cashmere clothing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cashmere clothing market size, by product, 2018-2030 (US$M)
South Africa Cashmere Clothing Market Outlook Share, 2023 & 2030 (US$M)
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