The North America Luxury Vegan Men’s Fashion Market is expected to witness market growth of 8.3% CAGR during the forecast period (2021-2027).
Veganism is a lifestyle, in which a person eliminates all the animal-based products from their living being. By adopting veganism, customers can minimize their healthcare costs, decrease greenhouse gas emissions and reduce climate damages. Due to these benefits, people across the North America are adopting this way of living, and therefore, the demand for animal-based products has witnessed a decline in the last few years. This trend has been noticed by the companies and hence, they are implementing various strategies to gain a significant share in the vegan footwear segment.
Along with that, there is an increase in the population of animal lovers, growing initiatives by NGOs like PETA, who take a stand for animal abuse & animal rights and rising the trend of animal humanization, which are estimated to bolster the growth of the luxury vegan men’s fashion market over the forecast period.
The vegan men’s fashion market in North America is tremendously profitable. The vegan clothing is very common in the U.S. According to studies, as the economy rebounds from the tremendous shock of the COVID-19 pandemic, the tendency is projected to accelerate. The vegan men’s fashion market across this region is expected to expand due to the increasing presence of various key market players, which are providing latest fashion wear to men that are vegan too.
The US market dominated the North America Luxury Vegan Men’s Fashion Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $7,336.2 million by 2027. The Canada market is expected to witness a CAGR of 10.8% during (2021 - 2027). Additionally, The Mexico market is expected to showcase a CAGR of 9.8% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into E-commerce, Specialty Stores, Departmental Stores, Hypermarket/Supermarket, and Others Based on Product, the market is segmented into Footwear, Clothing & Apparel, and Accessories. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Komodo Fashion, Brave GentleMan, ECOALF, Carpasus GmbH, Wuxly Movement, Rapanui, A.BCH, Tact & Stone, and Thought Clothing.
Veganism is a lifestyle, in which a person eliminates all the animal-based products from their living being. By adopting veganism, customers can minimize their healthcare costs, decrease greenhouse gas emissions and reduce climate damages. Due to these benefits, people across the North America are adopting this way of living, and therefore, the demand for animal-based products has witnessed a decline in the last few years. This trend has been noticed by the companies and hence, they are implementing various strategies to gain a significant share in the vegan footwear segment.
Along with that, there is an increase in the population of animal lovers, growing initiatives by NGOs like PETA, who take a stand for animal abuse & animal rights and rising the trend of animal humanization, which are estimated to bolster the growth of the luxury vegan men’s fashion market over the forecast period.
The vegan men’s fashion market in North America is tremendously profitable. The vegan clothing is very common in the U.S. According to studies, as the economy rebounds from the tremendous shock of the COVID-19 pandemic, the tendency is projected to accelerate. The vegan men’s fashion market across this region is expected to expand due to the increasing presence of various key market players, which are providing latest fashion wear to men that are vegan too.
The US market dominated the North America Luxury Vegan Men’s Fashion Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $7,336.2 million by 2027. The Canada market is expected to witness a CAGR of 10.8% during (2021 - 2027). Additionally, The Mexico market is expected to showcase a CAGR of 9.8% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into E-commerce, Specialty Stores, Departmental Stores, Hypermarket/Supermarket, and Others Based on Product, the market is segmented into Footwear, Clothing & Apparel, and Accessories. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Komodo Fashion, Brave GentleMan, ECOALF, Carpasus GmbH, Wuxly Movement, Rapanui, A.BCH, Tact & Stone, and Thought Clothing.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- E-commerce
- Specialty Stores
- Departmental Stores
- Hypermarket/Supermarket
- Others
By Product
- Footwear
- Clothing & Apparel
- Accessories
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Komodo Fashion
- Brave GentleMan
- ECOALF
- Carpasus GmbH
- Wuxly Movement
- Rapanui
- A.BCH
- Tact & Stone
- Thought Clothing
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. North America Luxury Vegan Men’s Fashion Market by Distribution Channel
Chapter 4. North America Luxury Vegan Men’s Fashion Market by Product
Chapter 5. North America Luxury Vegan Men’s Fashion Market by Country
Chapter 6. Company Profiles
Companies Mentioned
- Komodo Fashion
- Brave GentleMan
- ECOALF
- Carpasus GmbH
- Wuxly Movement
- Rapanui
- A.BCH
- Tact & Stone
- Thought Clothing
Methodology
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