Cashmere Value Chain in China

Abstract

As one of important natural materials in textileTextileand apparelApparel, cashmereCashmereis expensive and made for luxury products. ChinaChinais the largest producer and exporter of cashmereCashmereproducts, and a big potential consumer in the world. To better understand cashmereCashmerevalue chainValue chain, in this paper, we review the cashmereCashmerevalue chainValue chainstructure in ChinaChina. We introduce two ChineseChinesecashmereCashmerecompanies who are successful in designing, manufacturing, and selling cashmereCashmereproducts. Last but not least, we propose challenges and problems in ChineseChinesecashmereCashmereindustry. We believe that cashmereCashmerewill be more and more important in textileTextileand apparelApparelindustry as consumers' increasing awareness of high-qualityQualityproducts. Thus, developing a responsive cashmereCashmerevalue chainValue chainis critically important.