Profile of Pangaia: a fast growing apparel brand, materials innovator and environmental steward poised for success
Description
Profile of Pangaia: a fast growing apparel brand, materials innovator and environmental steward poised for success
Pangaia is an apparel brand and materials science company which is best known for its portfolio of loungewear made using innovative biomaterials. The company’s 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.
Pangaia is an apparel brand and materials science company which is best known for its portfolio of loungewear made using innovative biomaterials. The company’s 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.
Table of Contents
31 Pages
- SUMMARY
- INTRODUCTION
- Corporate structure
- Facilities
- CORPORATE ETHOS, MISSION AND STRATEGY
- Environmental sustainability
- Corporate Social Responsibility (CSR)
- PRODUCT DEVELOPMENTS AND INNOVATIONS
- Animal fibres
- Bio-based fibre and fill
- Plant-based fabric
- Linen
- Cotton
- Denim
- Alternative leather materials
- Bio-based and bio-synthetic dye
- Treatments and finishes
- OUTLOOK
- List of tables
- Table 1: United Nations (UN) Sustainable Development Goals (SDGs), 2020
- List of figures
- Figure 1: Hoodie in the Pangaia X SDGs capsule collection
- Figure 2: T-shirt from the Pangaia X Takashi Murakami capsule collection
- Figure 3: A cardigan made using cashmere derived from recycled materials
- Figure 4: A T-shirt made using C-FIBRE
- Figure 5: A long puffer jacket made using FLWRDWN
- Figure 6: A T-shirt dress made using FRUTFIBER
- Figure 7: Track pants made using PLNTFIBER
- Figure 8: Shorts made using Aloe Linen
- Figure 9: A hooded dress made using cotton blend fabric
- Figure 10: A pair of denim jeans made using PANettle fabric
- Figure 11: A denim jacket made using PANhemp fabric
- Figure 12: A wallet made using MIRUM alternative leather
- Figure 13: A pair of sneakers made using Vegea alternative leather
- Figure 14: A pair of track pants dyed using Colorifix dye
- Figure 15: A hoodie dyed using Archroma’s EarthColors dye
- Figure 16: A sweatshirt treated with PPRMINT
- Figure 17: A sports bra treated with miDori bioWick
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