Product Code: RP-ID-10347693 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10347693
Market Overview:
Global Vegan women’s fashion Market Size study, by Type (Accessories, Clothing and Apparel, Footwear), Distribution Channel(E-Commerce, Hypermarkets/Supermarkets, Departmental Stores, Speciality Store, Others) and Regional Forecasts 2021-2027
Global Vegan women’s fashion Market is valued approximately USD 449.8 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13.5 % over the forecast period 2021-2027. Vegan women’s Vegan fashion is clothing and accessories made from cruelty-free sources, i.e., no animal products are used in making of these garments and gear. While Choosing vegan fashion makes sense for animal welfare and environmental reasons—and, particularly in the case of leather, often for social sustainability reasons too. Increasing the inclination of people towards cruelty-free fashion, prevention of cruelty to animals, anti-cruelty society, has led the adoption of Vegan women’s fashion across the forecast period. As Strict laws against the animal cruelty such as prevention of cruelty to animal act led the market towards Vegan Fashion. For instance, as per fashion united, the US, UK, Germany and France are the countries investing the most on the vegan market; there has been a 75 percent increase in products in the UK year over year, While the US has seen an 11 percent growth. However, initial cost of the products and growing inflation impedes the growth of the market over the forecast period of 2021-2027. Also, cultural trends, latest styles led the adoption & demand for vegan women’s fashion is likely to increase the market growth during the forecast period.
In regional analysis of global Vegan women’s fashion market the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are being consider. Europe is the leading region across the world in terms of market share owing to the acceptance of fur-free fashion apparel by a number of renowned brands which is having a trickling down effect on the fashion industry of developed countries. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising disposable income and consumer spending on luxury products would contribute strong growth prospects for the vegan women’s fashion market across Asia-Pacific region.
Major market player included in this report are:
Ganni
Envelope1976
Thought Clothing
Mayamiko
Whimsy & row
Faithfull the brand pte.ltd
Reformation
Hiraeth collective
Stine goya
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Accessories
Clothing and Apparel
Footwear
By Distribution Channel:
E- Commerce
Hypermarkets/Supermarkets
Departmental Stores
Speciality Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Vegan women’s fashion Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Ganni
Envelope1976
Thought Clothing
Mayamiko
Whimsy & row
Faithfull the brand pte.ltd
Reformation
Hiraeth collective
Stine goya
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