Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Type (Natural Cashmere Yarn, Processed Cashmere Yarn, Others), By Application (Sweaters, Shawls, Suits, Socks, Others) And Competitive Landscape
Product Code: ETC401810 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Middle East Cashmere Yarn Market |
Forecast period | 2025-2031 |
CAGR | 12.4% |
Growing Sector | Textile |
The Middle East Cashmere Yarn market report thoroughly covers the market by type, by application and by countries. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Middle East cashmere yarn market is an intriguing segment within the global textile industry. Cashmere, known for its luxury and softness, is a high-value product, and its market dynamics in the Middle East are influenced by several factors such as the Middle East relies heavily on imports for cashmere yarn, as cashmere production is not a major industry in the region. Trade policies, tariffs, and relationships with cashmere-producing countries like China and Mongolia affect market dynamics. However, cashmere is subject to price fluctuations due to factors such as climate conditions in producing countries and geopolitical issues.
According to 6Wresearch, Middle East Cashmere Yarn market size is projected to grow at a CAGR of 12.4% during 2025-2031. The Middle East has a significant market for luxury goods, including high-end textiles like cashmere. This demand is driven by a wealthy consumer base with a preference for premium products. Further, the Middle East has a hot climate, cashmere products are often marketed as luxurious and suitable for cooler indoor environments, and for travel to cooler destinations. This niche market still exists despite the region's overall climate. Additionally, the fashion industry in the Middle East, particularly in countries like the UAE and Saudi Arabia, influences the cashmere market. High-end fashion brands and designers contribute to the demand for cashmere products.
The Middle East cashmere yarn market is bolstered by government initiatives that focus on enhancing trade relationships, supporting the luxury fashion sector, and promoting sustainable practices. Governments in the region are streamlining import processes and negotiating free trade agreements with cashmere-producing countries to ensure a steady supply of high-quality yarn. Consistently, these actions have boosted the Middle East Cashmere Yarn Market Share. Additionally, they are investing in infrastructure and offering incentives to attract luxury brands and foster local fashion industries. These efforts aim to stimulate market growth, support economic diversification, and cater to the region’s affluent consumer base while aligning with global trends toward sustainability and high-end textile products.
Key companies in the Middle East cashmere yarn market include high-end luxury retailers and specialty textile firms such as Loro Piana, known for its premium cashmere products and a strong presence in the region; Ermenegildo Zegna, which offers exclusive cashmere apparel through its upscale boutiques; and Sandro, a fashion brand that incorporates cashmere into its high-quality collections. Additionally, regional players like Al Habtoor Trading Enterprises are involved in importing and distributing luxury cashmere yarn, catering to the growing demand for premium textiles in the Middle East. In addition, the businesses’ grasp massive Middle East Cashmere Yarn Market Revenues. Further, these companies are instrumental in driving market growth and setting trends in the luxury textile sector.
The future of the Middle East cashmere yarn market appears promising, driven by increasing consumer demand for luxury and high-quality textiles, as well as a growing emphasis on sustainability and ethical sourcing. As affluent consumers in the region continue to seek premium products, the market is expected to expand with enhanced trade relationships, improved import processes, and greater investments in local fashion industries. Innovations in sustainable practices and technological advancements in textile processing will likely shape the market, making cashmere more accessible and appealing. Additionally, the rise of e-commerce and digital retail platforms is poised to further boost market growth by offering wider reach and convenience for luxury cashmere products.
According to Ravi Bhandari, Research Head, 6Wresearch, within Cashmere yarn finds diverse applications in the Middle East, catering to various fashion and comfort needs. High-quality cashmere is predominantly used in the production of luxurious sweaters and shawls, prized for their softness and warmth. The yarn is also crafted into elegant suits, offering a sophisticated touch to formal attire. Socks made from cashmere provide exceptional comfort and a touch of luxury, making them popular among discerning consumers. Beyond these, cashmere is employed in other accessories and garments such as scarves, cardigans, and blankets, further showcasing its versatility and appeal in the luxury textile market.
In the Middle East cashmere yarn market, key countries include Saudi Arabia, Dubai (a major commercial hub within the UAE), and Qatar, all of which play significant roles due to their affluent consumer bases and robust fashion industries. Saudi Arabia has a growing demand for luxury goods, including cashmere textiles, driven by its wealthy population and increasing focus on high-end fashion. Dubai, known for its luxury retail landscape, serves as a pivotal market and distribution center for cashmere products within the UAE. Qatar, with its rising interest in luxury fashion and high-quality textiles, is also a notable market for cashmere, reflecting the region's overall trend towards premium and exclusive products.
The Middle East Cashmere Yarn market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Cashmere Yarn Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Cashmere Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Middle East Cashmere Yarn Market - Industry Life Cycle |
3.4 Middle East Cashmere Yarn Market - Porter's Five Forces |
3.5 Middle East Cashmere Yarn Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Middle East Cashmere Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Middle East Cashmere Yarn Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Middle East Cashmere Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Cashmere Yarn Market Trends |
6 Saudi Arabia Cashmere Yarn Market, 2021 - 2031 |
6.1.1 Saudi Arabia Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.2 Saudi Arabia Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
7 UAE Cashmere Yarn Market, 2021 - 2031 |
7.1 UAE Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 UAE Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Qatar Cashmere Yarn Market, 2021 - 2031 |
8.1 Qatar Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Qatar Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Kuwait Cashmere Yarn Market, 2021 - 2031 |
9.1 Kuwait Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 Kuwait Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Oman Cashmere Yarn Market, 2021 - 2031 |
10.1 Oman Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Oman Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Bahrain Cashmere Yarn Market, 2021 - 2031 |
11.1 Bahrain Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Bahrain Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Turkey Cashmere Yarn Market, 2021 - 2031 |
12.1 Turkey Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Turkey Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Rest of Middle East Cashmere Yarn Market, 2021 - 2031 |
13.1 Rest of Middle East Cashmere Yarn Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Rest of Middle East Cashmere Yarn Market, Revenues & Volume, By Application, 2021 - 2031 |
14 Middle East Cashmere Yarn Market Key Performance Indicators |
15 Middle East Cashmere Yarn Market - Opportunity Assessment |
15.1 Middle East Cashmere Yarn Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Middle East Cashmere Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Middle East Cashmere Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Middle East Cashmere Yarn Market - Competitive Landscape |
16.1 Middle East Cashmere Yarn Market Revenue Share, By Companies, 2024 |
16.2 Middle East Cashmere Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |