According to a new report, published by KBV research, The Global Hemp Clothing Market size is expected to reach $10.1 billion by 2028, rising at a market growth of 26.0% CAGR during the forecast period.
The Kids segment is showcasing a CAGR of 26.4% during (2022 - 2028). The skin of infants is soft and sensitive and due to this, it may get harshly affected by synthetic clothes. Thus, it is preferred to use natural fabric for clothes for kids. Hemp and organic cotton are two of the greatest choices for natural fiber for infant clothing. The manufacturing of hemp clothes is very sustainable and long-lasting.
The Dress segment acquired maximum revenue share in the Global Hemp Clothing Market by Type in 2021 thereby, achieving a market value of $2 billion by 2028. Hemp shields the skin from UV rays by naturally blocking them. Because hemp breathes so well and inhibits bacterial growth, smells are avoided. Hemp is four times as strong as cotton and doesn't lose strength after washing.
The E-commerce segment has shown the growth rate of 25.6% during (2022 - 2028). This is attributable to the rising penetration of the internet and the growing use of social media all around the world. Furthermore, the hemp clothing demand is also growing in this segment as the number of websites selling clothes is increasing and thus, spreading awareness of the availability of such products.
The North America market dominated the Global Hemp Clothing Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.6 billion by 2028.The Europe market is exhibiting a CAGR of 25.5% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 26.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/hemp-clothing-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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