U.S. Luxury Vegan Men’s Fashion Market Size & Outlook
U.S. luxury vegan men’s fashion market, 2016-2028 (US$M)
Related Markets
U.S. luxury vegan men’s fashion market highlights
- The U.S. luxury vegan men’s fashion market generated a revenue of USD 4,029.4 million in 2020 and is expected to reach USD 9,051.2 million by 2028.
- The U.S. market is expected to grow at a CAGR of 10.6% 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.
Luxury vegan men’s fashion market data book summary
| Market revenue in 2020 | USD 4,029.4 million |
| Market revenue in 2028 | USD 9,051.2 million |
| Growth rate | 10.6% (CAGR from 2020 to 2028) |
| Largest segment | Footwear |
| Fastest growing segment | Accessories |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, U.S. accounted for 23.0% of the global luxury vegan men’s fashion market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. luxury vegan men’s fashion market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 9,051.2 million by 2028.
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Luxury Vegan Men’s Fashion Market Scope
Luxury Vegan Men’s Fashion Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 41.22% in 2020. Horizon Databook has segmented the U.S. luxury vegan men’s fashion market based on accessories, clothing & apparel, footwear covering the revenue growth of each sub-segment from 2016 to 2028.
Food is no longer the only focus of veganism; an increasing number of consumers are opting for apparels that are vegan, sustainable, and cruelty-free.
This has led to a number of brands and retailers cutting down on the use of animal-derived products to meet the growing consumer demand for vegan clothing.
For instance, in September 2020, PVH Corp, the parent company of Tommy Hilfiger and Calvin Klein, announced that it would ban the use of exotic animal skins from its future fashion lines to support the concept of cruelty-free fashion.
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Target buyers of U.S. 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 country-level data and insights on the U.S. luxury vegan men’s fashion market , including forecasts for subscribers. This country databook contains high-level insights into U.S. luxury vegan men’s fashion market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. luxury vegan men’s fashion market size, by product, 2016-2028 (US$M)
U.S. Luxury Vegan Men’s Fashion Market Outlook Share, 2020 & 2028 (US$M)
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