The global merino wool industry reached a production volume of approximately 304.00 KMT in 2024 and is projected to grow at a CAGR of 0.40% between 2025 and 2034, reaching 316.38 KMT by 2034. Steady demand in textiles and apparel is supporting this gradual market expansion. https://www.expertmarketresearch.com/reports/merino-wool-market