U.S. Cashmere Clothing Market Size & Outlook, 2023-2030
U.S. cashmere clothing market, 2018-2030 (US$M)
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U.S. cashmere clothing market highlights
- The U.S. cashmere clothing market generated a revenue of USD 574.4 million in 2023 and is expected to reach USD 841.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.6% 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 574.4 million |
| Market revenue in 2030 | USD 841.8 million |
| Growth rate | 5.6% (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, U.S. accounted for 20.5% 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 North America, U.S. cashmere clothing market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 841.8 million by 2030.
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Cashmere Clothing Market Scope
Cashmere Clothing Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 53.2% in 2023. Horizon Databook has segmented the U.S. 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.
Consumers in the U.S. increasingly prefer sustainable and ethically produced materials, and cashmere clothing sourced responsibly from other exporting countries aligns with these values, driving its popularity among conscientious consumers.
By implementing protocols for proper grazing techniques and herd oversight, autonomous standardization bodies collaborate with animal welfare specialists and cashmere production experts. The objective is to enhance the welfare of cashmere goats, improve the working conditions for farmers, and foster a healthier environment in the U.S.
This aspect plays a key role in driving the ethical production of cashmere clothing for the sustainable and fashion-conscious population. For example, the Good Cashmere Standard (GCS) was established by the Aid by Trade Foundation (AbTF), a non-profit organization dedicated to enhancing the well-being of cashmere goats, farmers, farming communities, and the surrounding environment.
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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 U.S. cashmere clothing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cashmere clothing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. cashmere clothing market size, by product, 2018-2030 (US$M)
U.S. Cashmere Clothing Market Outlook Share, 2023 & 2030 (US$M)
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