The North America Hemp Clothing Market would witness market growth of 25.3% CAGR during the forecast period (2022-2028).
Less than 10% of the worldwide fashion industry is composed of green fashion, despite the fact that awareness of clothing sustainability has increased. Hemp is a sustainable and eco-friendly source of clothing, therefore as consumer knowledge of the environment grows, so does the need for hemp clothes. In relation to machinery and cultivation, the hemp business continues to make significant advancements that help hemp plants grow more successfully.
Industrial hemp can now be planted and harvested in three times the amount due to advances in mechanization and cultivation. Farmers now have an easier time growing and distributing hemp for industrial purposes owing to technology. The hemp business uses these components as ingredients to combine with other products, and employing this equipment makes them easily achievable.
The growth of social media, the internet, and eCommerce are major contributors to the change in consumer needs. To thrive in these novel conditions, businesses in the fashion sector must quickly adapt and change their strategy. In order to succeed in the fashion industry and online commerce, businesses must modify their marketing strategies to fit a variety of sales channels. They must create purchase justifications for a certain buyer's audience and market themselves accordingly.
The US market dominated the North America Hemp Clothing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,626.6 million by 2028.The Canada market is poised to grow at a CAGR of 28.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 27.1% during (2022 - 2028).
Based on End User, the market is segmented into Women, Men and Kids. Based on Type, the market is segmented into Dress, Shirts, Pants, Coats & Jackets, Activewear, T-shirts and Others. Based on Distribution Channel, the market is segmented into Independent Retail Stores, E-commerce, Hypermarket and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Hemp Clothing Market is Estimated to reach $10.1 Billion by 2028, at a CAGR of 26%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Levi Strauss and Co., Patagonia, Inc., Wama Underwear LLC, Jungmaven, Ltd., Toad & Co. International, Inc., United By Blue, ONNO T-shirt Company, Eileen Fisher, Inc., and Outerknown.
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