Pure Wool Market Opportunities Estimate To Grow At A Significant Rate Throughout The Forecast Period


Posted May 30, 2019 by sunny88

This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
 
Pure wool is a hard wearing, robust, soft, pure wool yarn. It is a machine-washable yarn that is ideal for knits of all types and sizes of garments. Woolen fabrics are categorized into thick, fuzzy, and bulky. They are made from carded fibers that are 13 inches in length. Woolen yarns are fluffy, loosely twisted for use in weaving fabrics such as, blankets, tweeds, cloth, and meltons. Woolen yarns and fabrics are conventionally made into bulky garments such as heavy jackets, coats, and sweaters. Woolen garments are suitable for several occasions and individual styles owing to its appearance, comfort, and long shelf life.

Increasing demand for premium segment fabrics coupled with rising demand for woolen garments, especially in countries with extreme climatic conditions, are some of the key driving factors of the market. Moreover, increasing demand for comfort and functionality in fabrics coupled with rising demand for pure wool from specific end-use applications such as protection and safety garments are anticipated to fuel the overall demand for pure wool in the foreseeable years. However, volatile prices of raw materials along with increasing number of manufacturers of pure wool might hamper the market growth during the forecast period. However, increasing investments in R&D activities in the sector are expected to present lucrative opportunities during the forecast period.

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The global pure wool market is segmented on the basis of type, application, and geography. On the basis of type, the market is segmented into sheeps wool, merino wool, mohair wool, angora wool, cashmere wool, alpaca wool, and others. On the basis of application, the market is segmented into woven, non-woven, and others. On the basis of geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global market have adopted key strategies such as mergers, acquisitions, collaborations, and partnerships to strengthen their market outreach and sustain the stiff competition in the market.

Key Market Players
• The Woolmark Company
• Spykar Hometex
• Minwool Rock Fibres Ltd.
• Milan Fabrics SRL
• Top Mind SRL
• Lanificio Botto Giuseppe & Figli SPA
• Tessitura Monti SPA
• Jindal Spinning Mills Ltd.
• Rock Wool Manufacturing Company
• Kentwool Co.

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Key Benefits
• This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
• The major countries in each region have been mapped based on their market revenues.
• This study evaluates the competitive landscape to understand the competitive environment across geographies.
• The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.

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Last Updated May 30, 2019