Press release
Hemp Clothing Market Projected Expansion to Receive Overwhelming Hike In Revenue That Will Boost Overall Industry Growth by 2031
The report offers a detailed segmentation on the global hemp clothing market based on type, end-user, distribution channel and region.The report offers a detailed analysis of every segment and their respective sub-segment throughgraphical and tabular representation. This analysis might assist market players, investors, and new entrants in devising strategiesbased on fastest growing segments and dominating segments that is mentioned in the report.
Based on type, the dress segment held the largest market share in 2021, garnering more than one-fifth of the global market, and is expected to maintain its leadership status during the forecast period. The activewear segment, on the other hand, is expected to cite the fastest CAGR of 28.4% during the forecast period.
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Based on enduser, the women segment held the dominating market share in 2021, holding nearly three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The kids segment, on the other hand, is predicted to cite the fastest CAGR of 28.8% during the forecast period.
Based on distribution channel, the independent retail stores segment held the largest market share in 2021, garnering nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The report also analyses other segment such as hypermarket, e-commerce, and others.
Based on region, the market across North America held the largest market share in 2021, holding around two-fifths of the global market, and is expected to maintain its leadership status during the forecast period.The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 30.3% during the forecast period.
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The key players analyzed in the global hemp clothing market report include Patagonia, Inc, Tentree, Thought Clothing, TOAD&CO, Back Beat Co, Ecofibre, Eileen Fisher, Groceries Apparel, Jungmaven, LANIUS GmbH, Levi Strauss &Co, ONNO T-Shirt Company, Outerknown, United By Blue, and WAMA UNDERWEAR.
The report analyzes these key players of the global hemp clothing market. These market players made use ofconstructive strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to strengthen prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments byeminent players of the market.
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