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Profile of Pangaia: a fast growing apparel brand, materials innovator and environmental steward poised for success
published in Issue 212, February 2022
Pangaia is an apparel brand and materials science company which is best known for its portfolio of loungewear made using innovative biomaterials. The companys mission is to become "Earth Positive", and at the heart of this mission is a dedication to environmental stewardship and corporate social responsibility (CSR). Guided by its mission, Pangaia uses natural and renewable materials instead of petroleum-based and unsustainable materials and the company aims to develop products which have a negligible impact on the environment. Pangaia was founded in 2019 and it quickly established a foothold in the global apparel market following the widespread outbreak of COVID-19 in March 2020. In particular, soaring demand for loungewear throughout the duration of the COVID-19 pandemic helped the company to achieve revenues totalling US$75 mn in its 2020 financial year. Also, the company benefited from an increase in consumer appetite for environmentally sustainable apparel. In particular, the outbreak of COVID-19 put environmental issues under the spotlight and, in many cases, it inspired consumers to reflect on the environmental damage caused by the goods they purchase. In the coming years, major strides can be expected from Pangaia in the development of environmentally sustainable products and processes. Indeed, the company looks set to make a significant impression on the global apparel market and beyond on the basis of these developments alone.
Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries – and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.
Reports in Textile Outlook International include:
country profiles – providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
company profiles – giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
trends in world textile and apparel trade and production – taking into account current issues facing the industry – such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
trends in EU and US imports of textiles and clothing – providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.
So whether you are involved in fibres, textiles or clothing – in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing – or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
Textile Outlook International is available on subscription – either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 6 printed publications a year, containing a total of 30 reports plus editorials written by Robin Anson, our editorial director and in-house industry expert.
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