Middle East & Africa Luxury Vegan Men’s Fashion Market Size & Outlook
Middle East & Africa luxury vegan men’s fashion market, 2016-2028 (US$M)
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MEA luxury vegan men’s fashion market highlights
- The MEA luxury vegan men’s fashion market generated a revenue of USD 1,544.9 million in 2020.
- The market is expected to grow at a CAGR of 9.3% from 2021 to 2028.
- In terms of segment, footwear was the largest revenue generating product in 2020.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
| Market revenue in 2020 | USD 1,544.9 million |
| Market revenue in 2028 | USD 3,142.9 million |
| Growth rate | 9.3% (CAGR from 2020 to 2028) |
| Largest segment | Footwear |
| Fastest growing segment | Accessories |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Accessories, Clothing & Apparel, Footwear |
| Key market players worldwide | Komodo Fashion, ECOALF, Rapanui, TACT & STONE, Thought Clothing, Carpasus, Wuxly |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.8% of the global luxury vegan men’s fashion market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,285.3 million by 2028.
Key Regions: U.S. , UK , Brazil , South Africa , Germany
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Luxury Vegan Men’s Fashion Market Scope
Luxury Vegan Men’s Fashion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa luxury vegan men’s fashion market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury vegan men’s fashion market will help companies and investors design strategic landscapes.
Footwear was the largest segment with a revenue share of 41.72% in 2020. Horizon Databook has segmented the Middle East & Africa luxury vegan men’s fashion market based on accessories, clothing & apparel, footwear covering the revenue growth of each sub-segment from 2016 to 2028.
The influence of western cultures and trends has gradually penetrated big cities in the region, such as Saudi Arabia and Dubai, which has been transforming the fashion market.
Manufacturers in the region have been showing rising interest in designing luxury fashion that combine modest fashion & homegrown designs, eco-friendly, vegan products which reflect their culture.
The luxury vegan men’s fashion market in the region is at a nascent stage; this regional market has immense growth potential owing to the presence of a large customer base that includes young and wealthy men.
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Target buyers of Middle East & Africa luxury vegan men’s fashion market databook
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Our clientele includes a mix of luxury vegan men’s fashion market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa luxury vegan men’s fashion market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa luxury vegan men’s fashion market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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MEA luxury vegan men’s fashion market size, by country, 2016-2028 (US$M)
Middle East & Africa Luxury Vegan Men’s Fashion Market Outlook Share, 2020 & 2028 (US$M)
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