Global and United States Cashmere Market Report & Forecast 2024-2031

Report ID: 1858654 | Published Date: Jan 2025 | No. of Page: 91 | Base Year: 2024 | Rating: 3.8 | Webstory: Check our Web story
1 Study Coverage
    1.1 Cashmere Product Introduction
    1.2 Global Cashmere Outlook 2017 VS 2022 VS 2028
        1.2.1 Global Cashmere Sales in US$ Million for the Year 2017-2028
        1.2.2 Global Cashmere Sales in Volume for the Year 2017-2028
    1.3 United States Cashmere Outlook 2017 VS 2022 VS 2028
        1.3.1 United States Cashmere Sales in US$ Million for the Year 2017-2028
        1.3.2 United States Cashmere Sales in Volume for the Year 2017-2028
    1.4 Cashmere Market Size, United States VS Global, 2017 VS 2022 VS 2028
        1.4.1 The Market Share of United States Cashmere in Global, 2017 VS 2022 VS 2028
        1.4.2 The Growth Rate of Cashmere Market Size, United States VS Global, 2017 VS 2022 VS 2028
    1.5 Cashmere Market Dynamics
        1.5.1 Cashmere Industry Trends
        1.5.2 Cashmere Market Drivers
        1.5.3 Cashmere Market Challenges
        1.5.4 Cashmere Market Restraints
    1.6 Study Objectives
    1.7 Years Considered
2 Market by Type
    2.1 Cashmere Market Segment by Type
        2.1.1 Tianshan Wool
        2.1.2 White Cashmere
        2.1.3 Cyan Cashmere
        2.1.4 Purple Cashmere
        2.1.5 Others
    2.2 Global Cashmere Market Size by Type
        2.2.1 Global Cashmere Sales in Value, by Type (2017, 2022 & 2028)
        2.2.2 Global Cashmere Sales in Volume, by Type (2017, 2022 & 2028)
        2.2.3 Global Cashmere Average Selling Price (ASP) by Type (2017, 2022 & 2028)
    2.3 United States Cashmere Market Size by Type
        2.3.1 United States Cashmere Sales in Value, by Type (2017, 2022 & 2028)
        2.3.2 United States Cashmere Sales in Volume, by Type (2017, 2022 & 2028)
        2.3.3 United States Cashmere Average Selling Price (ASP) by Type (2017, 2022 & 2028)
3 Market by Application
    3.1 Cashmere Market Segment by Application
        3.1.1 Cashmere Clothing
        3.1.2 Cashmere Accessory
        3.1.3 Cashmere Home Textiles
    3.2 Global Cashmere Market Size by Application
        3.2.1 Global Cashmere Sales in Value, by Application (2017, 2022 & 2028)
        3.2.2 Global Cashmere Sales in Volume, by Application (2017, 2022 & 2028)
        3.3.3 Global Cashmere Average Selling Price (ASP) by Application (2017, 2022 & 2028)
    3.3 United States Cashmere Market Size by Application
        3.3.1 United States Cashmere Sales in Value, by Application (2017, 2022 & 2028)
        3.3.2 United States Cashmere Sales in Volume, by Application (2017, 2022 & 2028)
        3.3.3 United States Cashmere Average Selling Price (ASP) by Application (2017, 2022 & 2028)
4 Global Cashmere Competitor Landscape by Company
    4.1 Global Cashmere Market Size by Company
        4.1.1 Top Global Cashmere Manufacturers Ranked by Revenue (2021)
        4.1.2 Global Cashmere Revenue by Manufacturer (2017-2022)
        4.1.3 Global Cashmere Sales by Manufacturer (2017-2022)
        4.1.4 Global Cashmere Price by Manufacturer (2017-2022)
    4.2 Global Cashmere Concentration Ratio (CR)
        4.2.1 Cashmere Market Concentration Ratio (CR) (2017-2022)
        4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Cashmere in 2021
        4.2.3 Global Cashmere Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    4.3 Global Cashmere Manufacturing Base Distribution, Product Type
        4.3.1 Global Cashmere Manufacturers, Headquarters and Distribution of Producing Region
        4.3.2 Manufacturers Cashmere Product Type
        4.3.3 Date of International Manufacturers Enter into Cashmere Market
    4.4 Manufacturers Mergers & Acquisitions, Expansion Plans
    4.5 United States Cashmere Market Size by Company
        4.5.1 Top Cashmere Players in United States, Ranked by Revenue (2021)
        4.5.2 United States Cashmere Revenue by Players (2020, 2021 & 2022)
        4.5.3 United States Cashmere Sales by Players (2020, 2021 & 2022)
5 Global Cashmere Market Size by Region
    5.1 Global Cashmere Market Size by Region: 2017 VS 2022 VS 2028
    5.2 Global Cashmere Market Size in Volume by Region (2017-2028)
        5.2.1 Global Cashmere Sales in Volume by Region: 2017-2022
        5.2.2 Global Cashmere Sales in Volume Forecast by Region (2023-2028)
    5.3 Global Cashmere Market Size in Value by Region (2017-2028)
        5.3.1 Global Cashmere Sales in Value by Region: 2017-2022
        5.3.2 Global Cashmere Sales in Value by Region: 2023-2028
6 Segment in Region Level & Country Level
    6.1 North America
        6.1.1 North America Cashmere Market Size YoY Growth 2017-2028
        6.1.2 North America Cashmere Market Facts & Figures by Country (2017, 2022 & 2028)
        6.1.3 U.S.
        6.1.4 Canada
    6.2 Asia-Pacific
        6.2.1 Asia-Pacific Cashmere Market Size YoY Growth 2017-2028
        6.2.2 Asia-Pacific Cashmere Market Facts & Figures by Region (2017, 2022 & 2028)
        6.2.3 China
        6.2.4 Japan
        6.2.5 South Korea
        6.2.6 India
        6.2.7 Australia
        6.2.8 Taiwan
        6.2.9 Indonesia
        6.2.10 Thailand
        6.2.11 Malaysia
        6.2.12 Philippines
    6.3 Europe
        6.3.1 Europe Cashmere Market Size YoY Growth 2017-2028
        6.3.2 Europe Cashmere Market Facts & Figures by Country (2017, 2022 & 2028)
        6.3.3 Germany
        6.3.4 France
        6.3.5 U.K.
        6.3.6 Italy
        6.3.7 Russia
    6.4 Latin America
        6.4.1 Latin America Cashmere Market Size YoY Growth 2017-2028
        6.4.2 Latin America Cashmere Market Facts & Figures by Country (2017, 2022 & 2028)
        6.4.3 Mexico
        6.4.4 Brazil
        6.4.5 Argentina
    6.5 Middle East and Africa
        6.5.1 Middle East and Africa Cashmere Market Size YoY Growth 2017-2028
        6.5.2 Middle East and Africa Cashmere Market Facts & Figures by Country (2017, 2022 & 2028)
        6.5.3 Turkey
        6.5.4 Saudi Arabia
        6.5.5 U.A.E
7 Company Profiles
    7.1 Gobi
        7.1.1 Gobi Corporation Information
        7.1.2 Gobi Description and Business Overview
        7.1.3 Gobi Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.1.4 Gobi Cashmere Products Offered
        7.1.5 Gobi Recent Development
    7.2 GOYO
        7.2.1 GOYO Corporation Information
        7.2.2 GOYO Description and Business Overview
        7.2.3 GOYO Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.2.4 GOYO Cashmere Products Offered
        7.2.5 GOYO Recent Development
    7.3 Cashmere Holding
        7.3.1 Cashmere Holding Corporation Information
        7.3.2 Cashmere Holding Description and Business Overview
        7.3.3 Cashmere Holding Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.3.4 Cashmere Holding Cashmere Products Offered
        7.3.5 Cashmere Holding Recent Development
    7.4 Sor Cashmere
        7.4.1 Sor Cashmere Corporation Information
        7.4.2 Sor Cashmere Description and Business Overview
        7.4.3 Sor Cashmere Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.4.4 Sor Cashmere Cashmere Products Offered
        7.4.5 Sor Cashmere Recent Development
    7.5 Erdos Group
        7.5.1 Erdos Group Corporation Information
        7.5.2 Erdos Group Description and Business Overview
        7.5.3 Erdos Group Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.5.4 Erdos Group Cashmere Products Offered
        7.5.5 Erdos Group Recent Development
    7.6 Kingdeer
        7.6.1 Kingdeer Corporation Information
        7.6.2 Kingdeer Description and Business Overview
        7.6.3 Kingdeer Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.6.4 Kingdeer Cashmere Products Offered
        7.6.5 Kingdeer Recent Development
    7.7 Viction Cashmere
        7.7.1 Viction Cashmere Corporation Information
        7.7.2 Viction Cashmere Description and Business Overview
        7.7.3 Viction Cashmere Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.7.4 Viction Cashmere Cashmere Products Offered
        7.7.5 Viction Cashmere Recent Development
    7.8 Dongrong Group
        7.8.1 Dongrong Group Corporation Information
        7.8.2 Dongrong Group Description and Business Overview
        7.8.3 Dongrong Group Cashmere Sales, Revenue and Gross Margin (2017-2022)
        7.8.4 Dongrong Group Cashmere Products Offered
        7.8.5 Dongrong Group Recent Development
8 Industry Chain and Sales Channels Analysis
    8.1 Cashmere Industry Chain Analysis
    8.2 Cashmere Key Raw Materials
        8.2.1 Key Raw Materials
        8.2.2 Cashmere Distributors
    8.3 Cashmere Production Mode & Process
    8.4 Cashmere Sales and Marketing
        8.4.1 Cashmere Sales Channels
        8.4.2 Cashmere Distributors
    8.5 Cashmere Customers
9 Research Findings and Conclusion
10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer
List of Tables
    Table 1. Cashmere CAGR in Value, United States VS Global, 2017 VS 2022 VS 2028
    Table 2. Cashmere Market Trends
    Table 3. Cashmere Market Drivers
    Table 4. Cashmere Market Challenges
    Table 5. Cashmere Market Restraints
    Table 6. Global Cashmere Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
    Table 7. United States Cashmere Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
    Table 8. Global Cashmere Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
    Table 9. United States Cashmere Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
    Table 10. Top Cashmere Manufacturers in Global Market, Ranking by Revenue (2021)
    Table 11. Global Cashmere Revenue by Manufacturer, (US$ Million), 2017-2022
    Table 12. Global Cashmere Revenue Share by Manufacturer, 2017-2022
    Table 13. Global Cashmere Sales by Manufacturer, (MT), 2017-2022
    Table 14. Global Cashmere Sales Share by Manufacturer, 2017-2022
    Table 15. Global Cashmere Price by Manufacturer (2017-2022) & (USD/MT)
    Table 16. Global Cashmere Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 17. Global Cashmere by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cashmere as of 2021)
    Table 18. Top Players of Cashmere in Global Market, Headquarters and Distribution of Producing Region
    Table 19. Manufacturers Cashmere Product Type
    Table 20. Date of International Manufacturers Enter into Cashmere Market
    Table 21. Manufacturers Mergers & Acquisitions, Expansion Plans
    Table 22. Top Cashmere Players in United States Market, Ranking by Revenue (2021)
    Table 23. United States Cashmere Revenue by Players, (US$ Million), 2020, 2021 & 2022
    Table 24. United States Cashmere Revenue Share by Players, 2020, 2021 & 2022
    Table 25. United States Cashmere Sales by Players, (MT), 2020, 2021 & 2022
    Table 26. United States Cashmere Sales Share by Players, 2020, 2021 & 2022
    Table 27. Global Cashmere Market Size by Region (US$ Million): 2017 VS 2022 VS 2028
    Table 28. Global Cashmere Sales in Volume by Region (2017-2022) & (MT)
    Table 29. Global Cashmere Sales in Volume Forecast by Region (2023-2028) & (MT)
    Table 30. Global Cashmere Sales in Value by Region (2017-2022) & (US$ Million)
    Table 31. Global Cashmere Sales in Value Forecast by Region (2023-2028) & (US$ Million)
    Table 32. North America Cashmere Sales in Volume by Country (2017-2028) & (MT)
    Table 33. North America Cashmere Sales in Value by Country (2017-2028) & (US$ Million)
    Table 34. Asia Pacific Cashmere Sales in Volume by Region (2017-2028) & (MT)
    Table 35. Asia Pacific Cashmere Sales in Value by Region (2017-2028) & (US$ Million)
    Table 36. Europe Cashmere Sales in Volume by Country (2017-2028) & (MT)
    Table 37. Europe Cashmere Sales in Value by Country (2017-2028) & (US$ Million)
    Table 38. Latin America Cashmere Sales in Volume by Country (2017-2028) & (MT)
    Table 39. Latin Americaa Cashmere Sales in Value by Country (2017-2028) & (US$ Million)
    Table 40. Middle East and Africa Cashmere Sales in Volume by Country (2017-2028) & (MT)
    Table 41. Middle East and Africa Cashmere Sales in Value by Country (2017-2028) & (US$ Million)
    Table 42. Gobi Corporation Information
    Table 43. Gobi Description and Business Overview
    Table 44. Gobi Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 45. Gobi Cashmere Product
    Table 46. Gobi Recent Development
    Table 47. GOYO Corporation Information
    Table 48. GOYO Description and Business Overview
    Table 49. GOYO Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 50. GOYO Product
    Table 51. GOYO Recent Development
    Table 52. Cashmere Holding Corporation Information
    Table 53. Cashmere Holding Description and Business Overview
    Table 54. Cashmere Holding Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 55. Cashmere Holding Product
    Table 56. Cashmere Holding Recent Development
    Table 57. Sor Cashmere Corporation Information
    Table 58. Sor Cashmere Description and Business Overview
    Table 59. Sor Cashmere Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 60. Sor Cashmere Product
    Table 61. Sor Cashmere Recent Development
    Table 62. Erdos Group Corporation Information
    Table 63. Erdos Group Description and Business Overview
    Table 64. Erdos Group Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 65. Erdos Group Product
    Table 66. Erdos Group Recent Development
    Table 67. Kingdeer Corporation Information
    Table 68. Kingdeer Description and Business Overview
    Table 69. Kingdeer Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 70. Kingdeer Product
    Table 71. Kingdeer Recent Development
    Table 72. Viction Cashmere Corporation Information
    Table 73. Viction Cashmere Description and Business Overview
    Table 74. Viction Cashmere Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 75. Viction Cashmere Product
    Table 76. Viction Cashmere Recent Development
    Table 77. Dongrong Group Corporation Information
    Table 78. Dongrong Group Description and Business Overview
    Table 79. Dongrong Group Cashmere Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
    Table 80. Dongrong Group Product
    Table 81. Dongrong Group Recent Development
    Table 82. Key Raw Materials Lists
    Table 83. Raw Materials Key Suppliers Lists
    Table 84. Cashmere Customers List
    Table 85. Cashmere Distributors List
    Table 86. Research Programs/Design for This Report
    Table 87. Key Data Information from Secondary Sources
    Table 88. Key Data Information from Primary Sources
List of Figures
    Figure 1. Cashmere Product Picture
    Figure 2. Global Cashmere Revenue, (US$ Million), 2017 VS 2022 VS 2028
    Figure 3. Global Cashmere Market Size 2017-2028 (US$ Million)
    Figure 4. Global Cashmere Sales 2017-2028 (MT)
    Figure 5. United States Cashmere Revenue, (US$ Million), 2017 VS 2022 VS 2028
    Figure 6. United States Cashmere Market Size 2017-2028 (US$ Million)
    Figure 7. United States Cashmere Sales 2017-2028 (MT)
    Figure 8. United States Cashmere Market Share in Global, in Value (US$ Million) 2017-2028
    Figure 9. United States Cashmere Market Share in Global, in Volume (MT) 2017-2028
    Figure 10. Cashmere Report Years Considered
    Figure 11. Product Picture of Tianshan Wool
    Figure 12. Product Picture of White Cashmere
    Figure 13. Product Picture of Cyan Cashmere
    Figure 14. Product Picture of Purple Cashmere
    Figure 15. Product Picture of Others
    Figure 16. Global Cashmere Market Share by Type in 2022 & 2028
    Figure 17. Global Cashmere Sales in Value by Type (2017-2028) & (US$ Million)
    Figure 18. Global Cashmere Sales Market Share in Value by Type (2017-2028)
    Figure 19. Global Cashmere Sales by Type (2017-2028) & (MT)
    Figure 20. Global Cashmere Sales Market Share in Volume by Type (2017-2028)
    Figure 21. Global Cashmere Price by Type (2017-2028) & (USD/MT)
    Figure 22. United States Cashmere Market Share by Type in 2022 & 2028
    Figure 23. United States Cashmere Sales in Value by Type (2017-2028) & (US$ Million)
    Figure 24. United States Cashmere Sales Market Share in Value by Type (2017-2028)
    Figure 25. United States Cashmere Sales by Type (2017-2028) & (MT)
    Figure 26. United States Cashmere Sales Market Share in Volume by Type (2017-2028)
    Figure 27. United States Cashmere Price by Type (2017-2028) & (USD/MT)
    Figure 28. Product Picture of Cashmere Clothing
    Figure 29. Product Picture of Cashmere Accessory
    Figure 30. Product Picture of Cashmere Home Textiles
    Figure 31. Global Cashmere Market Share by Application in 2022 & 2028
    Figure 32. Global Cashmere Sales in Value by Application (2017-2028) & (US$ Million)
    Figure 33. Global Cashmere Sales Market Share in Value by Application (2017-2028)
    Figure 34. Global Cashmere Sales by Application (2017-2028) & (MT)
    Figure 35. Global Cashmere Sales Market Share in Volume by Application (2017-2028)
    Figure 36. Global Cashmere Price by Application (2017-2028) & (USD/MT)
    Figure 37. United States Cashmere Market Share by Application in 2022 & 2028
    Figure 38. United States Cashmere Sales in Value by Application (2017-2028) & (US$ Million)
    Figure 39. United States Cashmere Sales Market Share in Value by Application (2017-2028)
    Figure 40. United States Cashmere Sales by Application (2017-2028) & (MT)
    Figure 41. United States Cashmere Sales Market Share in Volume by Application (2017-2028)
    Figure 42. United States Cashmere Price by Application (2017-2028) & (USD/MT)
    Figure 43. North America Cashmere Sales in Volume Growth Rate 2017-2028 (MT)
    Figure 44. North America Cashmere Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 45. U.S. Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 46. Canada Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 47. Europe Cashmere Sales in Volume Growth Rate 2017-2028 (MT)
    Figure 48. Europe Cashmere Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 49. Germany Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 50. France Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 51. U.K. Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 52. Italy Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 53. Russia Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 54. Asia-Pacific Cashmere Sales in Volume Growth Rate 2017-2028 (MT)
    Figure 55. Asia-Pacific Cashmere Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 56. China Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 57. Japan Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 58. South Korea Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 59. India Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 60. Australia Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 61. Taiwan Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 62. Indonesia Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 63. Thailand Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 64. Malaysia Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 65. Philippines Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 66. Latin America Cashmere Sales in Volume Growth Rate 2017-2028 (MT)
    Figure 67. Latin America Cashmere Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 68. Mexico Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 69. Brazil Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 70. Argentina Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 71. Middle East & Africa Cashmere Sales in Volume Growth Rate 2017-2028 (MT)
    Figure 72. Middle East & Africa Cashmere Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 73. Turkey Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 74. Saudi Arabia Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 75. U.A.E Cashmere Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 76. Cashmere Value Chain
    Figure 77. Cashmere Production Process
    Figure 78. Channels of Distribution
    Figure 79. Distributors Profiles
    Figure 80. Bottom-up and Top-down Approaches for This Report
    Figure 81. Data Triangulation
    Figure 82. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
Gobi
GOYO
Cashmere Holding
Sor Cashmere
Erdos Group
Kingdeer
Viction Cashmere
Dongrong Group
Frequently Asked Questions
Cashmere report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Cashmere report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Cashmere report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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