The global hemp clothing market revenue was around US$ 2.91 billion in 2022 and is estimated to reach US$ 25.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 27.1% during the forecast period from 2023 to 2031.
Hemp is an industrial variation of the cannabis plant. It is the most beneficial plant known to mankind. Cannabis sativa means useful (sativa) hemp (cannabis). It is utilized to make over 25,000 various products, most of which are excellent options for less environmentally friendly products. Some of the products made are shoes, clothing, rope, diapers, cellophane, canvas, and paints.
Market Driving Factors
Hemp clothing made by environmentally friendly procedure is estimated to drive the market growth. This is due to hemp being a readily renewable resource and doesn't require the use of pesticides or artificial fertilizers to make this clothing has a positive impact on the environment. In addition, nothing is wasted during the manufacture of hemp clothing because the stalks are utilized to develop fiber and the seeds are utilized to create oil and dietary supplements and oil. As a result, hemp plants are more useful at absorbing carbon dioxide than other trees.
The surging demand for hemp clothing due to its different advantages is estimated to boost the market. Hemp clothing has numerous benefits, including its lower price, Ultraviolet (UV) and mold resistance, and lightweight, and absorbent makeup (with three times the cotton tensile strength) as a result of this it is in high demand. In addition, hemp can also be blended with other fibers to provide a variety of quality garments. These beneficial properties are expected to surge the demand for the hemp clothing services which ultimately boost the market growth.
Excellent characteristics of hemp fiber are predicted to fuel the market growth. This is mainly due to the increased demand for hemp clothing owing to the superior characteristics of hemp fiber, including exceptional dyeability, mildew resistance, inherently antibacterial, and UV light-blocking properties. Furthermore, it efficiently transfers heat as well. Some of the end-use industries which highly utilized include healthy food, chemical cleanups, buildings, paper, biodegradable plastic, and fuel.
The availability of different alternatives of hemp fabric is predicted to hamper the market growth.
Regional Analysis
Europe is estimated to dominate the market in terms of the growth rate. This is primarily due to the focus on sustainability and ethical concerns are among the reasons for the continent. Furthermore, European customers are becoming increasingly conscious of how their clothing choices affect the people and environment. As a result, hemp is a versatile and sustainable commodity that needs much less water and pesticides than cotton and other fiber crops.
Segmentation Insights
Type Insight
The dress segment dominates the market in terms of revenue. This is mainly due to its durability, natural properties, and biodegradability. Consumers are attracted to the clothing made from hemp is affordable, comfortable, and fashionable owing to the environmental benefits. Furthermore, the trend towards sustainable fashion has acquired momentum, resulting in customers selecting hemp clothing brands with honest and transparent production processes.
End User Insight
The women segment is expected to dominate the market in terms of the largest shares. This is primarily owing to the women have historically been more conscious about their clothing options and are willing to pay a premium for sustainable and eco-friendly clothing. Moreover, hemp clothing brands have reacted to this trend by providing a variety of choices for women's clothing, including dresses, shirts, and trousers, among other items.
Distribution Channel Insight
Independent retail stores segment is estimated to dominate the market in terms of the growth rate. This is mainly due to the independent eco-friendly clothing firms having a passionate pursuit that prioritizes ethical manufacture and sustainability. Furthermore, hemp clothing companies are working with small retailers to acquire more customers.
Prominent Companies
Segmentation Outline
The global hemp clothing market segmentation focuses on the Type, End User, Distribution Channel, and Region.
By Type
By End User
By Distribution Channel
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL HEMP CLOTHING MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: HEMP CLOTHING MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL HEMP CLOTHING MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL HEMP CLOTHING MARKET, BY TYPE
5.1 OVERVIEW
5.2 SHIRTS
5.3 PANTS
5.4 T-SHIRTS
5.5 ACTIVEWEAR
5.6 COATS AND JACKETS
5.7 DRESS
5.8 UNDERGARMENTS
5.9 OTHERS
6 GLOBAL HEMP CLOTHING MARKET, BY END USER
6.1 OVERVIEW
6.2 MEN
6.3 WOMEN
6.4 KIDS
7 GLOBAL HEMP CLOTHING MARKET, BY DISTRIBUTION CHANNEL
7.1 OVERVIEW
7.2 HYPERMARKET
7.3 INDEPENDENT RETAIL STORES
7.4 E-COMMERCE
7.5 OTHERS
8 GLOBAL HEMP CLOTHING MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3.1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL HEMP CLOTHING MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
9.4 COMPETITIVE DASHBOARD
9.5 PRODUCT MAPPING
9.6 TOP PLAYER POSITIONING, 2022
9.7 COMPETITIVE HEATMAP
9.8 TOP WINNING STRATEGIES
10 COMPANY PROFILES
10.1 OUTERKNOWN
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.2 PATAGONIA INC.
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.3 JUNGMAVEN
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.4 TOAD & CO
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.5 VALANI
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.6 WAMA UNDERWEAR
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.7 EILEEN FISHER
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.8 UNITED BY BLUE
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.9 LEVI STRAUSS AND CO.
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 ONNO T-SHIRT COMPANY
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
著作権 ©2022 無断複写・転載を禁じます