Global Scarf Market Report 2019-2026
Market Overview:
The scarf, a fine piece of lovely fabric offers multiple applications. Used as neckwear by both men and women (more often by women), it is also stylish, comes in fantastic colors, offers protection from the Sun as well provide warmth. Since this piece of clothing has become more of a fashion statement, scarf companies across the globe are seeing an unexpected demand for the same and more than happy for it.
According to several studies and surveys, the global scarf market in 2019 has been very positive. This trend is expected to continue for many more years with a considerable growth in the demand rate each year. Technological innovation has further provided a boost to this industry however, the already established companies will have to gear up to sustain and offer a stiff competition to the new entrants in the industry. Every other day new players are setting their foot on the stage which is quite threatening for the existing firms.
The textile industry is growing and along with it the needs of fashion- conscious people. While these are said to be great opportunities, the primary challenge is the cost of raw materials involved. 2019 saw huge fluctuations in the prices of the raw materials required by the scarf industry. The industry has been through several challenges but constantly fought all odds to survive and stand firm; over the years, this market has been consistently growing thanks to the increased percentage of working women and their zeal to stay aligned with the fashion of the day.
Top Key Vendors:
Mulberry
Giorgio Armani
Dolce & Gabbana
Chanel
Coach
LVMH Group
Kering
Burberry Group
Pandora
PRADA
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Segmentation:
By type:
Going by the product type, the scarf market can be split into Faux fur, Cotton, Linen, Silk, Cashmere, Wool and Wool blend, to mention the primary ones. While wool and wool blend offer warmth and are mostly in demand in cold countries, silk and linen fabrics are used to create fashion statements.
By Application:
Going by the basis of application, the scarf market can be segmented into Men and Women.
The growth of the global scarf market has been tremendous in 2019 since both the genders have been more than eager to show off their style and attitude with the finest scarves. The trend is likely to continue.
Regional Overview:
The global scarf market has been consistently seeing an up. It has grown significantly in Europe, North America, Asia-Pacific, Middle East, Africa and Latin America. The trend is expected to catch up with the other regions across the globe. To sum it up, this industry has great opportunity to grow regardless of the geographical location or any other factor. Earlier, the purpose of buying a scarf was to experience comfort however the scene has entirely changed now; since this simple piece of cloth allows the wearer to portray his/her style and personality, the demand for it will obviously increase in the days to come.
Latest Industry News:
The global scarf market is anticipating a rapid growth for the Cashmere type. According to surveys, United States is believed to be a major destination for the industry players since the expected growth rate here is 2.75% CAGR by 2025.
Table of Contents:
1 Scarf Market Overview
2 Global Scarf Market Landscape by Player
3 Players Profiles
4 Global Scarf Production, Revenue (Value), Price Trend by Type
5 Global Scarf Market Analysis by Application
6 Global Scarf Production, Consumption, Export, Import by Region (2014-2019)
7 Global Scarf Production, Revenue (Value) by Region (2014-2019)
8 Scarf Manufacturing Analysis
Continued…..
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