The Global Knitting Cashmere Yarn Market was valued at USD 1.82 Billion in 2024 and is projected to reach USD 3.15 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2024–2032). This growth is being driven by increasing disposable incomes, rising demand for luxury textiles, and the accelerating adoption of sustainable and traceable supply chains across the fashion and textile sectors.

As the luxury apparel industry transforms toward ethical sourcing and artisanal quality, the spotlight is on the key yarn producers who are driving innovation, superior craftsmanship, and sustainable practices. In this blog, we profile the Top 10 Companies in the Knitting Cashmere Yarn Industry—a blend of heritage Italian spinners, major Chinese manufacturers, and innovative brands shaping the future of premium yarns.

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🔟 1. Loro Piana

Headquarters: Quarona, Italy
Key Offering: Ultra-fine Cashmere Yarn, Baby Cashmere®, Loro Piana Cashmere of the Year

Loro Piana stands as the undisputed leader in the ultra-premium segment of the knitting cashmere yarn market. As part of the LVMH group, the company leverages its fully vertically integrated supply chain, controlling every step from sourcing the raw fiber from its partners in Mongolia and China to the final spinning process. Loro Piana is renowned for its exceptionally fine cashmere, typically under 14.5 microns, which sets the global standard for quality.

Sustainability & Innovation Initiatives:

• Pioneering the “Cashmere of the Year” program, highlighting traceable and exceptionally rare fibers.
• Strong commitment to ethical sourcing and animal welfare standards through long-term partnerships with herding communities.
• Investment in R&D for preserving traditional craftsmanship while enhancing yarn durability and performance.

Download FREE Sample Report: Knitting Cashmere Yarn Market – View in Detailed Research Report

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9️⃣ 2. Consinee Group

Headquarters: Ningbo, China
Key Offering: Carded & Combed Cashmere Yarn, Cashmere Blends, Sustainable Yarns

Consinee Group is one of the world’s largest producers of cashmere yarn, strategically positioned with manufacturing bases in China, a primary source of raw cashmere. The company supplies high-quality yarns to leading international fashion brands and luxury retailers. Its scale allows for competitive pricing without compromising on the quality controls required by the global market.

Sustainability & Innovation Initiatives:

• Implementation of blockchain technology for enhanced supply chain traceability.
• Development of eco-friendly dyeing and processing techniques to reduce environmental impact.
• Focus on creating innovative cashmere blends with silk, wool, and recycled materials.

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8️⃣ 3. Cariaggi

Headquarters: Città di Castello, Italy
Key Offering: Fine Cashmere Yarn, Cashmere/Silk Blends, Luxury Knitting Yarns

Cariaggi is a benchmark for excellence in the high-end Italian textile district. Known for its proprietary spinning techniques, the company produces some of the finest and lightest cashmere yarns available. Its patented “Cloud” spinning process results in yarns that are incredibly soft, lightweight, and warm, making them highly sought after by prestigious knitwear makers.

Sustainability & Innovation Initiatives:

• Patented spinning technologies that minimize fiber waste and energy consumption.
• Long-standing commitment to using only the highest-grade, ethically sourced fibers.
• Specialization in sophisticated cashmere and silk blends for ultimate luxury.

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7️⃣ 4. Filati Biagioli Modesto Srl

Headquarters: Pistoia, Italy
Key Offering: Luxurious Cashmere Yarns, mohair-cashmere blends, fancy yarns

Filati Biagioli Modesto is a historic Italian spinner with a reputation for creativity and quality. The company excels in producing fancy and blended yarns, often combining cashmere with other luxury fibers like mohair and silk to create unique textures and visual effects. Their expertise lies in catering to the haute couture and designer segments of the market.

Sustainability & Innovation Initiatives:

• Focus on artisanal production methods that support local Italian craftsmanship.
• Use of environmentally responsible dyes and processing aids.
• Development of exclusive yarn recipes for fashion-forward collections.

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6️⃣ 5. Erdos Cashmere

Headquarters: Erdos, Inner Mongolia, China
Key Offering: Pure Cashmere Yarn, Finished Cashmere Garments, Yarn for Knitting

Erdos is a giant in the cashmere industry, operating one of the most integrated supply chains in the world. Located in Inner Mongolia, the heartland of cashmere production, Erdos controls a significant portion of the raw material supply. While known for its finished garments, it is also a major supplier of high-quality knitting yarns to the domestic and international markets.

Sustainability & Innovation Initiatives:

• Major investments in sustainable herding practices to combat desertification.
• Vertical integration ensures quality control and supply chain transparency from goat to yarn.
• R&D focused on improving yarn strength and expanding the range of cashmere blends.

Download FREE Sample Report: Knitting Cashmere Yarn Market – View in Detailed Research Report

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5️⃣ 6. UPW Cashmere

Headquarters: Hong Kong
Key Offering: Pure Cashmere Yarn, Blended Yarns, Yarn for Luxury Brands

UPW is a leading global spinner of luxury yarns, with a strong focus on cashmere. Based in Hong Kong with production facilities, UPW acts as a crucial link between raw material sources in Asia and the demanding specifications of European and American luxury brands. The company is respected for its consistency, quality, and ability to produce a wide variety of yarn types.

Sustainability & Innovation Initiatives:

• Active participant in the Sustainable Fibre Alliance, promoting responsible cashmere production.
• Offers a range of certified sustainable yarn options to brand partners.
• Strong technical support and development partnership model with clients.

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4️⃣ 7. Moro Cashmere

Headquarters: Biella, Italy
Key Offering: High-Twist Cashmere Yarns, Organic Dyed Cashmere, Compact Yarns

Moro Cashmere is a specialist spinner in the prestigious Biella region of Italy, known for its innovative approach to cashmere yarn production. The company has gained recognition for its high-twist yarns that offer superior durability and resilience, making cashmere more suitable for a wider range of applications, including more durable knitwear.

Sustainability & Innovation Initiatives:

• Pioneering the use of organic dyes for cashmere, reducing chemical load.
• Development of “compact” yarns that are more resistant to pilling and wear.
• Commitment to transparent sourcing and supporting pastoralist communities.

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3️⃣ 8. XINAO Cashmere

Headquarters: Hebei, China
Key Offering: Cashmere Knitting Yarn, Cashmere Tops, Yarn for Export

XINAO Cashmere is a major Chinese manufacturer with a strong export focus. The company produces a comprehensive range of cashmere yarns, from standard carded yarns to finer combed varieties. Its competitive advantage lies in its efficient large-scale production capabilities and ability to meet the volume requirements of global brands.

Sustainability & Innovation Initiatives:

• Investment in modern, efficient spinning machinery to reduce energy consumption.
• Focus on maintaining consistent quality across large production batches.
• Adapting product lines to meet international sustainability standards.

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2️⃣ 9. Filpucci

Headquarters: Prato, Italy
Key Offering: Trend-Led Cashmere Yarns, Blended Yarns, Fancy Yarns

Filpucci is an innovative spinner from the textile hub of Prato, Italy, known for its creative and trend-sensitive approach to yarn design. The company specializes in blending cashmere with other premium and innovative fibers to create unique color effects, textures, and performance characteristics, catering to the contemporary luxury market.

Sustainability & Innovation Initiatives:

• Strong focus on recycling and using regenerated cashmere fibers.
• Collaboration with fashion designers to develop exclusive, seasonal yarn collections.
• Implementation of green chemistry principles in its dyeing and finishing processes.

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1️⃣ 10. Kingdeer

Headquarters: Beijing, China
Key Offering: Cashmere Yarn, Cashmere Fabric, Finished Goods

Kingdeer is a significant player in the Chinese cashmere industry, involved in both yarn production and manufacturing finished garments. The company supplies knitting yarn to a diverse clientele, from domestic brands to international partners, leveraging its access to raw materials and manufacturing expertise.

Sustainability & Innovation Initiatives:

• Investment in supply chain optimization to ensure raw material quality and ethical sourcing.
• Development of value-added yarns with specific functional properties.
• Expanding market reach through a combination of quality and competitive positioning.

Get Full Report Here: Knitting Cashmere Yarn Market – View in Detailed Research Report

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🧶 Outlook: The Future of Knitting Cashmere Yarn is Sustainable and Innovative

The knitting cashmere yarn market is undergoing a significant evolution. While demand for traditional, pure cashmere remains strong, the industry is increasingly investing in sustainable sourcing, traceability technologies, and innovative blending to meet modern consumer expectations and environmental challenges.

📈 Key Trends Shaping the Market:

• Rapid adoption of blockchain and other technologies for full supply chain transparency from herd to hank.
• Growing consumer and regulatory pressure for certified sustainable and ethical cashmere, driving industry-wide standards.
• Innovation in yarn engineering, creating blends that enhance durability, functionality, and affordability while retaining luxury appeal.
• Expansion of the market beyond traditional sweaters into loungewear, athleisure, and technical knits.

Get Full Report Here: Knitting Cashmere Yarn Market – View in Detailed Research Report

The companies listed above are not only supplying the world’s finest fibers—they’re leading the transition towards a more responsible and innovative future for luxury textiles.