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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 intelligence, expert analysis and insight on the global textile and clothing industry.|
|What's in it?
Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.
A single issue of Textile Outlook International includes:
an editorial think-piece on a topical issue from an industry expert a report on textile and apparel trade and production trends a round-up of the latest international trade fairs a feature on textile and clothing imports and exports or fibre prices, production and consumption a report on a key geographical market insight and analysis of a key market leader or fast-growing start-up
An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.
Like all Textiles Intelligence publications, Textile Outlook International is a reliable source of independently sourced business information, and it does not carry advertising.
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