0

Hemp Clothing Market Expected to Reach $23.02 Billion by 2031—Allied Market Research

 
2022
Hemp Clothing Market

Report Code : A16939

quote The need for eco-friendly clothing has increased as consumer beliefs, opinions, and attitudes regarding the environment and ecology have changed. Although there has been an improvement in understanding regarding the sustainability of clothing, less than 10% of the global fashion sector is made up of green fashion. Therefore, owing to the rising consumer awareness regarding the environment the demand for hemp clothing is rising as it is a sustainable and environment friendly source of clothing. quote

Roshan Deshmukh - Manager
Consumer Goods at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Hemp Clothing Market," The hemp clothing market size was valued at $2.29 billion in 2021, and is estimated to reach $23.02 billion by 2031, growing at a CAGR of 27.1% from 2022 to 2031.

Hemp is an industrial variation of cannabis plant. It is the most useful plant known to mankind. In fact, cannabis sativa means useful (sativa) hemp (cannabis). It is used to make over 25,000 different products, most of which are superior alternatives to less environmentally friendly products. Some of the products made are: clothing, shoes, diapers, rope, canvas, cellophane, paints, fuels, chain lubricants, biodegradable plastics, paper, fiberboard, cement blocks, food, cosmetics, and soap. Hemp is the longest and strongest natural fiber known to man, with its use dated back over 10,000 years.

The hemp industry continues to provide substantial innovations with regards to cultivation and machinery to develop hemp plants more efficiently. Innovation in cultivation and machinery gives farmers the ability to make plantation and harvest of industrial hemp triple in volume.

One example of these latest technological inventions of the hemp industry is machinery developed by Canadian Greenfield Technologies Corporation. They have smart design which allows farmers to separate and process raw hemp by separating fibers, hurds, and leaves upon harvest. This technology makes it easier for farmers to produce and distribute hemp for commercial use. In addition, these components can be achieved quickly by using this machine, which the hemp industry use as ingredients to mix with other products. Technological innovations through manufacturing and cultivation machines makes every hemp industry capable of producing hemp fabric more than traditional farming. Thus, technological inventions with regards to the hemp industry further augments the hemp clothing market growth.

The Hemp Clothing Market opportunity is segmented into type, end user, distribution channel, and region. On the basis of type, the market is categorized into Shirts, Pants, T-shirts, Activewear, Coats and Jackets, Dress, Undergarments and Others. On the basis of End User, the market is categorized into men, women and kids. On the basis of Distribution Channel, it is fragmented into supermarket/hypermarket, independent retail stores, online sales channel and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

By type, the dress segment was the highest contributor to the market, in 2021, and is estimated to grow at a CAGR of 25.9% during the forecast period. However, the activewear clothing segment is expected to witness higher growth rate during the forecast.

Depending on hemp clothing market forecast by end user, the women segment led the market in 2021, and is estimated to grow at a CAGR of 26.5% during the forecast period. However, the kids segment is expected to witness higher growth rate during the forecast.

On the basis of hemp clothing market analysis by distribution channel, the independent retail stores segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 26.5% during the forecast period. However, the others segment is expected to witness a high growth rate of 28.4% during the forecast period.

Region wise, North America was the highest contributor to the Hemp Clothing Market Size in 2021, and is estimated to grow at a CAGR of 24.6% during the forecast period. LAMEA region is expected to witness high growth rate during the forecast period.

According to the market players, the major obstacle attributed to the pandemic was the disruption of the supply chain. Furthermore, all the Distribution Channel were nearly shut down in the first quarter of the pandemic. However, online channels such as amazon and flipkart were delivering the products. They key players included in the Hemp Clothing Industry are Back Beat Co, Ecofibre, Eileen Fisher, Groceries Apparel, Jungmaven, LANIUS GmbH, Levi Strauss &Co, ONNO T-Shirt Company, Outerknown, Patagonia, Inc, Tentree, Thought Clothing, TOAD&CO, United By Blue, and WAMA UNDERWEAR.

Key findings of the study

  • On the basis of type, dress segment dominated the global market and has the Hemp Clothing Market share of 21.2%.
  • On the basis of end user, women segment would dominate the global Hemp Clothing Market Trends in the year 2021 and is likely to remain dominant during the forecast period.
  • On the basis of Distribution Channel, others segment is expected to be the fastest growing segment during the forecast period.
  • Region wise, LAMEA region is expected to be the fastest growing segment during the forecast period and North America dominated the global market with the market share of 40.5%.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Hemp Clothing Market by Type (Shirts, Pants, T-shirts, Activewear, Coats and Jackets, Dress, Undergarments, Others), by End User (Men, Women, Kids), by Distribution Channel (Hypermarket, Independent Retail Stores, E-commerce, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Plush Toy Market

Download Sample

Buy Full Version
"Hemp Clothing Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers