Hemp Fabric Market Summary
As per Market Research Future Analysis, the Global Hemp Fabric Market was valued at USD 21.89 Billion in 2024 and is projected to reach USD 393.67 Billion by 2034, growing at a CAGR of 33.5% from 2025 to 2034. The market is driven by the increasing demand for sustainable and eco-friendly textiles, with hemp's natural properties such as breathability and antimicrobial characteristics enhancing its appeal. The seeds segment leads in revenue, while the women end-user category dominates due to a preference for sustainable fashion. North America holds the largest market share, followed by Europe and Asia-Pacific, which is expected to grow at the fastest rate.
Key Market Trends & Highlights
The hemp fabric market is witnessing significant growth driven by sustainability trends.
- Market Size in 2024: USD 21.89 Billion
- Projected Market Size by 2034: USD 393.67 Billion
- CAGR from 2025 to 2034: 33.5%
- Dominant End User Segment: Women
Market Size & Forecast
2024 Market Size | USD 21.89 Billion |
2034 Market Size | USD 393.67 Billion |
CAGR (2025-2034) | 33.5% |
Major Players
Key players include LOGU FASHION, Ecofibre, Eartheasy, GenCanna, HempFlax Group B.V, Konoplex, Its Hem, hempfabriclab, LEVI STRAUSS & CO, and Patagonia, Inc.