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Wool consumption in Asia Pacific to reach 9 lakh tons by 2028

12 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Asia Pacific will remain the largest market for wool fibre, expected to reach ****,*** tons by 2028, growing at *.* per cent annually for the next 5 years.
  • Europe's market may reach ***,*** tons by 2028, and North America's market may grow *.* per cent annually.
  • South America may see a growth of *.* per cent, and rest of the world may grow to **,*** tons.

The market is likely to reach ***,*** tons by the end of ****. Earlier, the market was estimated at ***,*** tons in **** and ***,*** tons in ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

The wool fibre market in Europe may touch ***,*** tons by **** from ***,*** tons as of ****. It may rise with an annual growth of *.** per cent in the coming years. The European market for the commodity was noted at ***,*** tons in **** and ***,*** tons in ****. It can reach ***,*** tons by the end of this year. 

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