Luxury Vegan Men's Fashion Market is anticipated to reach USD 40.0 billion by 2028
Luxury Vegan Men's Fashion Industry Overview The global luxury vegan men’s fashion market size was valued at USD 17.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.9% from 2021 to 2028. The increasing popularity of vegan clothing and accessories made from cruelty-free sources, coupled with rising consumer focus on animal wellbeing and safety, has been contributing to the greater social acceptance of these products, thereby driving their demand. Increasing disposable income and consumer spending on luxury products are some of the other prominent factors augmenting the demand for luxury vegan men’s fashion globally. Gather more insights about the market drivers, restrains and growth of the Global Luxury Vegan Men's Fashion Market Many manufactures in the market have been historically relying on China for both, finished products as well as raw materials used in the manufacturing of the variou...