Why is Cashmere so Expensive 2023? My Personal Experiences May Surprise You

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Why is Cashmere so Expensive? Cashmere is a luxury fiber that is known for its softness, warmth, and durability. It is obtained from the undercoat of cashmere goats, which are found primarily in the high plateaus of China, Mongolia, and Tibet. The process of obtaining cashmere fibers is labor-intensive and time-consuming, and the limited supply of cashmere due to the small number of cashmere goats is one of the main reasons for its high cost.

In addition to the production process, other factors such as quality and grading, branding and marketing, also contribute to the high cost of cashmere.

In this article, we will explore these factors in more detail to understand why cashmere is so expensive.

Why is Cashmere so Expensive?

Cashmere is considered a luxury fiber and is known for its softness, warmth, and durability. However, it is also a relatively expensive fiber due to several reasons:

  1. Limited supply: Cashmere is obtained from the undercoat of cashmere goats, and the process of obtaining cashmere fibers is labor-intensive and time-consuming. The limited supply of cashmere due to the small number of cashmere goats is one of the main reasons for its high cost.
  2. Quality and Grading: The quality of cashmere fibers can vary widely, and the finest and longest fibers command the highest prices. The grading process is based on thickness and length, and the fibers are sorted based on their thickness and length, with the longest and finest fibers considered to be the highest quality.
  3. Brand and Marketing: Luxury brands often charge premium prices for cashmere products due to their reputation for quality and craftsmanship. These brands invest heavily in marketing and branding to create a perception of exclusivity and luxury around their products.
  4. Production process and labor costs: The process of obtaining cashmere fibers is labor-intensive and time-consuming, which increases the cost. Additionally, luxury brands often use skilled labor to produce the cashmere products, which also increases the cost.
  5. Location and logistics: The region where cashmere goats are raised is remote and harsh, which increases the cost of transportation and logistics, making it more expensive to process the fibers.

The Production Process

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Elisa Steffes
Elisa Steffes

Elisa Steffes reviews designer fashion brands and elegant pieces for a living. She also loves Old Money Brands and is passionate about writing about topics related to this classic style.
She has close to 3 years of experience in SEO and has taken the Streetstylis Pinterest account to one of the most popular magazines on Pinterest and Instagram.
When she's not working, you'll find her doing Pilates, dancing or hanging out with her friends in Malta.

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