Hemp clothing market to hit $23.02 billion by 2031

17 hours ago

The global hemp clothing market is projected to grow from $2.29 billion in 2021 to $23.02 billion by 2031, driven by demand for eco-friendly apparel, online retail growth and hemp’s lightweight, absorbent properties. North America led the market in 2021, while LAMEA is expected to grow fastest through 2031. Why it matters: - Hemp clothing is gaining share as consumers look for lower-impact apparel options. - The market is still small relative to the broader fashion industry, where less than 10% is green fashion. - Strong forecast growth points to expanding demand across apparel categories and sales channels. What happened: - The hemp clothing market was valued at $2.29 billion in 2021. - The market is projected to reach $23.02 billion by 2031. - The forecast implies a 27.1% compound annual growth rate from 2022 to 2031. - Allied Market Research released the report on hemp clothing market size, share, competitive landscape and trend analysis by type, end user, distribution channel and region. The details: - Demand is rising as consumer beliefs, opinions and attitudes about the environment and ecology shift. - Hemp clothing is drawing interest because of its sustainable and environmentally friendly profile. - Growth is expected to be driven by hemp clothing’s lightweight and absorbent nature. - Demand for organic clothing products is also supporting the market. - Online retail expansion is another growth driver. - COVID-19 disrupted the market through manufacturing facility closures and adverse import and export restrictions. - Hemp is an industrial variation of the cannabis plant and is used to make more than 25,000 products. - Hemp fiber is described in the report as the longest and strongest natural fiber known. - Hemp use dates back more than 10,000 years. - The report says cultivation and machinery innovations are increasing hemp plantation and harvest volume. - Canadian Greenfield Technologies Corporation developed machinery that separates fibers, hurds and leaves at harvest for commercial processing. - The report says the machine helps farmers process raw hemp more quickly for use in other products. - The market is segmented by type into shirts, pants, T-shirts, activewear, coats and jackets, dresses, undergarments and others. - The market is segmented by end user into men, women and kids. - The market is segmented by distribution channel into supermarket/hypermarket, independent retail stores, online sales channel and others. - The report covers North America, Europe, Asia-Pacific and LAMEA. - North America held about two-fifths of the global market in 2021. - North America is expected to keep its lead through the forecast period. - LAMEA is projected to post the fastest CAGR at 30.3%. - Key companies named in the report include Patagonia, 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. Between the lines: - The growth forecast suggests hemp clothing is moving from niche sustainability play to a more mainstream apparel category. - North America’s lead indicates early adoption in a market with stronger eco-conscious consumer demand and established retail infrastructure. - Faster growth in LAMEA may reflect room for market expansion from a smaller base. - The report’s focus on collaborations, joint ventures, expansion and product launches signals a competitive market that is still forming. What’s next: - The market is expected to keep expanding through 2031 as online sales and sustainable apparel demand rise. - Brands and manufacturers are likely to compete on product innovation, distribution reach and processing efficiency. - More information is available in the sample report and purchase inquiry page .

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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