The Global Luxury Vegan Men’s Fashion Market size is expected to reach $29 billion by 2027, rising at a market growth of 8.7% CAGR during the forecast period.
Vegan men’s fashion refers to any clothes, footwear, apparel, and accessories that are free of animal or animal-derived materials like leather, silk, wool, etc. In other terms, vegan men’s fashion is created without harming or killing animals. In addition, the vegan men’s fashion goods are made from linen, soy silk, recycled plastic, pinatex or pineapple leather, and organic cotton.
The key drivers fuelling the growth of the vegan men’s fashion industry are growing veganism lifestyle acceptance as a result of the growing awareness of animal cruelty and increasing per capita disposable income. Other market growth variables include the growing use of e-commerce platforms, especially in emerging economies, and expanding vegetarianism in the fashion sector. Read more at Report Linker.