Pure Wool Market - Global Forecast 2021 To 2026

• Pure Wool Market size is expected to be valued at $32.2 billion by the end of the year 2026 and is set to grow at a CAGR of 5.5% during the forecast period from 2021-2026.

• The growing population across the world coupled with factors like increasing urbanization, constant changes in lifestyle, changing styles and trends is highly driving the pure wool market.

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Key Takeaways

•Asia-Pacific market held the largest share in the pure wool market as China, Australia and New Zealand are the leading producers of wool in the world.

•The growing population coupled with the changing lifestyle and trends is one of the major factors driving the pure wool market.

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Pure Wool Size - Segment Analysis

Sheep wool segment held the largest share of more than 30% in the pure wool market in the year 2020. Sheep wool offers benefits such as thermal resistance, durability and insulation. Sheep wool can also contain flame spread to a maximum extent. Sheep wool is extensively used in a wide range of applications such as clothing, knitwear such as socks, jumper, gloves and other apparels such as suits and costumes.

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