Luxury Vegan Men's Fashion Market Size, Share & Trends Analysis Report By Product (Accessories, Clothing Apparel, Footwear), By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030

PUBLISHED: December 11, 2024

PAGES: 80 Pages

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The global luxury vegan men's fashion market size is expected to reach USD 49.32 billion by 2030, registering a CAGR of 11.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising number of High-Net-worth Individuals (HNWI) and the growing popularity of vegan clothing and accessories made from cruelty-free sources among the millennial and Gen Z population across the world are anticipated to fuel the industry growth over the forecast period.

The increasing adoption of veganism has driven the demand for cruelty-free and environmentally friendly footwear across the globe. Several renowned brands are focusing on offering vegan footwear. Many of the new companies are adopting recycled materials to produce high-end vegan footwear. For instance, in 2018, Adidas introduced the vegan version of their popular Stan Smith sneakers, in collaboration with designer Stella McCartney. Furthermore, in 2019, the company launched a second version of the sneakers with colorful star patterns and chunky rainbow shoelaces.

The sudden outbreak of coronavirus has disrupted the supply chain, causing severe losses in terms of product shipment and on-time delivery. According to the Office of Textiles and Apparel (OTEXA), COVID-19 had a significant impact on global apparel imports for the complete year and the path to recovery of the industry cannot be expected to be quick. The value of U.S. apparel imports reduced by more than 60% in May 2020 when compared to the previous year, making a new record of single-month loss in trade volumes. Likewise, based on a report by luxury fashion firm Ralph Lauren Corporation, which deals with vegan apparel and accessories, the company is expected to take a hit of up to USD 70 million on its fourth-quarter sales due to the coronavirus outbreak and has stated that supply chain disruptions in China as one of the main reasons.

The vegan fashion market is both growing and transitioning toward the concept of sustainability as it offers an opportunity for brands to capture sales from increasingly environmentally conscious consumers. Established companies have been altering their production methods pertaining to vegan and eco-friendly materials to align themselves with changing trends. For instance, in July 2018, ECOALF launched Shao Sneakers made from algae and ocean plastic. Five plastic bottles sourced from the ocean are used to create the upper sole and algae is collected from lakes and rivers to create the outer sole.

Luxury Vegan Men's Fashion Market Report Highlights:

Asia Pacific luxury vegan men's fashion market is expected to experience the fastest CAGR during the forecast period.
The footwear segment is foreseen to remain at the forefront regarding market share and is projected to account for a total market share of 40.4% in 2024
The accessories segment is projected to experience the fastest CAGR of 11.8% from 2025 to 2030.

Product Code: GVR-4-68039-656-6

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Luxury Vegan Men's Fashion Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Ingredient Adoption
4.5. Observations & Recommendations

Chapter 5. Luxury Vegan Men's Fashion Market: Product Estimates & Trend Analysis

5.1. Luxury Vegan Men's Fashion Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
- 5.3.1. Accessories
  - 5.3.1.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.3.2. Clothing & Apparel
  - 5.3.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.3.3. Footwear
  - 5.3.3.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)

Chapter 6. Luxury Vegan Men's Fashion Market: Distribution Channel Estimates & Trend Analysis

6.1. Luxury Vegan Men's Fashion Market, By Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
- 6.3.1. E-commerce
  - 6.3.1.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.2. Hypermarkets/Supermarkets
  - 6.3.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.3. Departmental Stores
  - 6.3.3.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.4. Specialty Stores
  - 6.3.4.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.5. Others
  - 6.3.5.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)

Chapter 7. Luxury Vegan Men's Fashion Market: Regional Estimates & Trend Analysis

7.1. Luxury Vegan Men's Fashion Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 7.3.1. North America
  - 7.3.1.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.1.2. U.S.
    - 7.3.1.2.1. Key Country Dynamics
    - 7.3.1.2.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.1.3. Canada
    - 7.3.1.3.1. Key Country Dynamics
    - 7.3.1.3.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.1.4. Mexico
    - 7.3.1.4.1. Key Country Dynamics
    - 7.3.1.4.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.3.2. Europe
  - 7.3.2.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.2.2. U.K.
    - 7.3.2.2.1. Key Country Dynamics
    - 7.3.2.2.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.2.3. Germany
    - 7.3.2.3.1. Key Country Dynamics
    - 7.3.2.3.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.2.4. France
    - 7.3.2.4.1. Key Country Dynamics
    - 7.3.2.4.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.2.5. Italy
    - 7.3.2.5.1. Key Country Dynamics
    - 7.3.2.5.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.2.6. Spain
    - 7.3.2.6.1. Key Country Dynamics
    - 7.3.2.6.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.3.3. Asia Pacific
  - 7.3.3.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.3.2. India
    - 7.3.3.2.1. Key Country Dynamics
    - 7.3.3.2.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.3.3. China
    - 7.3.3.3.1. Key Country Dynamics
    - 7.3.3.3.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.3.4. Japan
    - 7.3.3.4.1. Key Country Dynamics
    - 7.3.3.4.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.3.5. Australia
    - 7.3.3.5.1. Key Country Dynamics
    - 7.3.3.5.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.3.6. South Korea
    - 7.3.3.6.1. Key Country Dynamics
    - 7.3.3.6.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.3.4. Latin America
  - 7.3.4.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.4.2. Brazil
    - 7.3.4.2.1. Key Country Dynamics
    - 7.3.4.2.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.3.5. Middle East
  - 7.3.5.1. Market Estimates And Forecast, 2018 - 2030 (USD Million)
  - 7.3.5.2. South Africa
    - 7.3.5.2.1. Key Country Dynamics
    - 7.3.5.2.2. Market Estimates And Forecast, 2018 - 2030 (USD Million)

Chapter 8. Luxury Vegan Men's Fashion Market: Competitive Analysis

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Ingredient Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
- 8.9.1. Thought Clothing
  - 8.9.1.1. Company Overview
  - 8.9.1.2. Financial Performance
  - 8.9.1.3. Ingredient Portfolios
  - 8.9.1.4. Strategic Initiatives
- 8.9.2. Komodo Fashion
  - 8.9.2.1. Company Overview
  - 8.9.2.2. Financial Performance
  - 8.9.2.3. Ingredient Portfolios
  - 8.9.2.4. Strategic Initiatives
- 8.9.3. Brave GentleMan
  - 8.9.3.1. Company Overview
  - 8.9.3.2. Financial Performance
  - 8.9.3.3. Ingredient Portfolios
  - 8.9.3.4. Strategic Initiatives
- 8.9.4. Ecoalf
  - 8.9.4.1. Company Overview
  - 8.9.4.2. Financial Performance
  - 8.9.4.3. Ingredient Portfolios
  - 8.9.4.4. Strategic Initiatives
- 8.9.5. Wuxly
  - 8.9.5.1. Company Overview
  - 8.9.5.2. Financial Performance
  - 8.9.5.3. Ingredient Portfolios
  - 8.9.5.4. Strategic Initiatives
- 8.9.6. A.BCH
  - 8.9.6.1. Company Overview
  - 8.9.6.2. Financial Performance
  - 8.9.6.3. Ingredient Portfolios
  - 8.9.6.4. Strategic Initiatives
- 8.9.7. CARPASUS
  - 8.9.7.1. Company Overview
  - 8.9.7.2. Financial Performance
  - 8.9.7.3. Ingredient Portfolios
  - 8.9.7.4. Strategic Initiatives
- 8.9.8. Toad&Co.
  - 8.9.8.1. Company Overview
  - 8.9.8.2. Financial Performance
  - 8.9.8.3. Ingredient Portfolios
  - 8.9.8.4. Strategic Initiatives
- 8.9.9. Will's Vegan Shoes
  - 8.9.9.1. Company Overview
  - 8.9.9.2. Financial Performance
  - 8.9.9.3. Ingredient Portfolios
  - 8.9.9.4. Strategic Initiatives
- 8.9.10. vegan outfitter (Look Good Do Good Ltd.)
  - 8.9.10.1. Company Overview
  - 8.9.10.2. Financial Performance
  - 8.9.10.3. Ingredient Portfolios
  - 8.9.10.4. Strategic Initiatives

Product Code: GVR-4-68039-656-6

List of Tables

Table 1. Luxury vegan men's fashion market: Key market driver analysis
Table 2. Luxury vegan men's fashion market: Key market restraint analysis
Table 3. Global luxury vegan men's fashion market estimates & forecast, by region (USD Million)
Table 4. Global luxury vegan men's fashion market estimates & forecast, by product (USD Million)
Table 5. Global luxury vegan men's fashion market estimates & forecast, by distribution channel (USD Million)
Table 6. North America luxury vegan men's fashion market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 7. North America luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 8. North America luxury vegan men's fashion market estimates & forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 9. U.S. macro-economic outlay
Table 10. U.S luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 11. U.S. luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 12. Canada macro-economic outlay
Table 13. Canada luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 14. Canada luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 15. Mexico macro-economic outlay
Table 16. Mexico luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 17. Mexico luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 18. Europe luxury vegan men's fashion market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 19. Europe luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 20. Europe luxury vegan men's fashion market estimates & forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 21. U.K. macro-economic outlay
Table 22. U.K. luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 23. U.K. luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 24. Germany macro-economic outlay
Table 25. Germany luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 26. Germany luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 27. France macro-economic outlay
Table 28. France luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 29. France luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 30. Italy macro-economic outlay
Table 31. Italy luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 32. Italy luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 33. Spain macro-economic outlay
Table 34. Spain luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 35. Spain luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 36. Asia Pacific luxury vegan men's fashion market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 37. Asia Pacific luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 38. Asia Pacific luxury vegan men's fashion market estimates & forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 39. India macro-economic outlay
Table 40. India luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 41. India luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 42. China macro-economic outlay
Table 43. China luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 44. China luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 45. Japan macro-economic outlay
Table 46. Japan luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 47. Japan luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 48. Australia macro-economic outlay
Table 49. Australia luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 50. Australia luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 51. South Korea macro-economic outlay
Table 52. South Korea luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 53. South Korea luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 54. Latin America luxury vegan men's fashion market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 55. Latin America luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 56. Latin America luxury vegan men's fashion market estimates & forecast, by distribution channel, (USD Million)
Table 57. Brazil macro-economic outlay
Table 58. Brazil luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 59. Brazil luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 60. Middle East & Africa luxury vegan men's fashion market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 61. Middle East & Africa luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 62. Middle East luxury vegan men's fashion market estimates & forecast, by distribution channel, (USD Million)
Table 63. South Africa macro-economic outlay
Table 64. South Africa luxury vegan men's fashion market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 65. South Africa luxury vegan men's fashion market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 66. Recent developments & impact analysis, by key market participants
Table 67. Company market share, 2024 (%)
Table 68. Company heat map analysis, 2024
Table 69. Companies implementing key strategies

List of Figures

Fig. 1 Luxury vegan men's fashion market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and luxury vegan men's fashion market size (USD Million)
Fig. 11 Global luxury vegan men's fashion market size, 2018 to 2030 (USD Million)
Fig. 12 Global luxury vegan men's fashion market: Penetration & growth prospect mapping
Fig. 13 Global luxury vegan men's fashion market: Value chain analysis
Fig. 14 Global luxury vegan men's fashion market: Dynamics
Fig. 15 Global luxury vegan men's fashion market: Porter's five forces analysis
Fig. 16 Global luxury vegan men's fashion market estimates & forecast, by product (USD Million)
Fig. 17 Luxury vegan men's accessories market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Luxury vegan men's clothing & apparel market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Luxury vegan men's footwear market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 20 Luxury vegan men's fashion market estimates & forecasts for distribution through e-commerce, 2018 - 2030 (USD Million)
Fig. 21 Luxury vegan men's fashion market estimates & forecasts for distribution through hypermarkets/supermarkets, 2018 - 2030 (USD Million)
Fig. 22 Luxury vegan men's fashion market estimates & forecasts for distribution through departmental stores, 2018 - 2030 (USD Million)
Fig. 23 Luxury vegan men's fashion market estimates & forecasts for distribution through specialty stores, 2018 - 2030 (USD Million)
Fig. 24 Luxury vegan men's fashion market estimates & forecasts for distribution through other distribution channels, 2018 - 2030 (USD Million)
Fig. 25 Regional marketplace: Key takeaways
Fig. 26 North America luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 US luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Canada luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 Mexico luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Europe luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 UK luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 Germany luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 France luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Italy luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 Spain luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 Asia Pacific luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 India luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 China luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Japan luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 Australia luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 South Korea luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Latin America luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Brazil luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 Middle East luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 South Africa luxury vegan men's fashion market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 46 Key company categorization
Fig. 47 Company market share analysis, 2024
Fig. 48 Strategic framework of luxury vegan men's fashion