PUBLISHER: The Business Research Company | PRODUCT CODE: 1760431
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760431
Vegan fashion encompasses clothing, footwear, and accessories that exclude all animal-derived materials, such as leather, fur, wool, silk, and feathers. Instead, it utilizes plant-based, synthetic, or recycled alternatives, focusing on cruelty-free, sustainable, and ethically responsible production practices. The primary goal is to reduce harm to animals while promoting environmentally conscious and compassionate choices within the fashion industry.
The main categories of vegan fashion products include footwear, accessories, clothing, and other related items. Footwear refers to shoes and other types of wearables designed for the feet, offering protection, comfort, and style. These products are created for various genders, including both men and women. They are distributed through multiple channels, including offline retail stores and online platforms, and are used by both individual consumers and commercial enterprises.
The vegan fashion market research report is one of a series of new reports from The Business Research Company that provides vegan fashion market statistics, including vegan fashion industry global market size, regional shares, competitors with a vegan fashion market share, detailed vegan fashion market segments, market trends and opportunities, and any further data you may need to thrive in the vegan fashion industry. This vegan fashion market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vegan fashion market size has grown strongly in recent years. It will grow from $461.60 billion in 2024 to $503.00 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth during the historic period can be attributed to heightened awareness of animal welfare, growing environmental concerns, the rise of ethical consumerism, the increasing influence of celebrity endorsements, and the growing demand for sustainable products.
The vegan fashion market size is expected to see strong growth in the next few years. It will grow to $702.70 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth during the forecast period can be attributed to the expanding vegan population, increased regulatory support for sustainable materials, a rise in the adoption of cruelty-free certifications, a growing retail shift toward plant-based alternatives, and increasing investor interest in ethical brands. Key trends in the forecast period include technological advancements in bio-based materials, innovations in plant-based leather alternatives, developments in cruelty-free production methods, ongoing research and development in sustainable textiles, and the integration of artificial intelligence (AI) in vegan fashion design.
The growing focus on animal welfare is anticipated to fuel the growth of the vegan fashion market in the coming years. Animal welfare refers to the ethical treatment of animals, ensuring they are free from harm, cruelty, and exploitation. The increasing focus on animal welfare is largely driven by heightened consumer awareness about the ethical treatment of animals and the environmental consequences of traditional fashion practices. Vegan fashion promotes animal welfare by advocating for cruelty-free materials and reducing the exploitation of animals in clothing production. It encourages more ethical fashion choices, contributing to a more sustainable and compassionate industry. For example, in January 2025, the Society for the Prevention of Cruelty to Animals (SPCA), a Singapore-based animal welfare organization, reported 961 animal cruelty cases in 2024, involving 2,190 animals, a rise from 915 cases in 2023 and nearly double the 511 cases in 2022. Therefore, the growing focus on animal welfare is a key factor driving the growth of the vegan fashion market.
Leading companies in the vegan fashion market are increasingly adopting advanced technologies, such as three-dimensional (3D) design software, to enhance product visualization, minimize manufacturing waste, and improve the customization of eco-friendly, animal-free materials. 3D design software refers to computer applications that allow designers to create, model, and visualize objects in three-dimensional space. This technology enables the development of virtual garments, simulates fit, and streamlines production, ultimately reducing waste and boosting sustainability. For example, in August 2023, Alltrueist, a Canada-based sustainable fashion brand, introduced an innovative vegan fashion collection featuring customizable shoes, artisan-crafted belts, and zero-waste knitwear. By utilizing advanced 3D design software, the collection offers personalized shoe designs with a precise fit, demonstrating a strong commitment to sustainability and cruelty-free materials. This launch marks a significant advancement in the realm of ethical luxury fashion, merging technology with thoughtful, conscious design.
Reliance Acquires Majority Stake In Ed-A-Mamma To Boost Sustainable Fashion
In September 2023, Reliance Retail Ventures Ltd., an India-based retail and consumer goods company, acquired a 51% majority stake in Ed-a-Mamma for an undisclosed amount. With this acquisition, Reliance aims to expand Ed-a-Mamma's reach by leveraging its vast retail, distribution, and digital networks while accelerating the brand's growth in the sustainable and eco-friendly children's fashion segment. Ed-a-Mamma is an India-based sustainable fashion company focused on vegan fashion, offering eco-friendly children's and maternity wear made from cruelty-free, plant-based materials.
Major players in the vegan fashion market are Puma SE, Stella McCartney, Veja Fair Trade Sarl, Native Shoes, Cult of Coquette, Ethical Wares, Matt & Nat, Immaculate Vegan Limited, Komodo Co. Ltd., Brave GentleMan, GnL Accessories, Plant Faced Clothing, Boody, von Holzhausen, Vaute Couture, Beyond Skin, Doshi FCSA, HeartCure Ltd., In the Soulshine, and Jeane&Jax.
North America was the largest region in the vegan fashion market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in vegan fashion report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the vegan fashion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The vegan fashion market consists of sales of swimwear and activewear, headwear, faux fur coats, cruelty-free belts, wallets, and accessories. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Vegan Fashion Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on vegan fashion market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for vegan fashion ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vegan fashion market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.