The Global Ethical Fashion Market Report by The Business Research Company covers ethical fashion market drivers and restraints, ethical fashion market size, major players, and the impact of COVID-19 on the ethical fashion market.

The ethical fashion market consists of sales of apparels by entities (organizations, sole traders or partnerships) that that are primarily engaged in designing, production, retail, and purchasing of ethical fashion apparels. Ethical fashion is the designing and manufacturing of clothes while caring for the people and communities involved in the process, and while also minimizing the impact on the environment. It focuses on both the social and environmental impact of fashion, seeking to improve the working conditions of laborers and the environment.

The global ethical fashion market reached a value of nearly $6,345.3 million in 2019, having increased at a compound annual growth rate (CAGR) of 8.7% since 2015. The market is expected to grow from $6,345.3 million in 2019 to $8,246.1 million in 2023 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the growing awareness about using ethical fashion for sustainability. The market is expected to grow from $8,246.1 million in 2023 to $9,808.5 million in 2025 at a CAGR of 9.1%. The market is expected to grow and reach $15,173.7 million in 2030 with a CAGR of 9.1%.

Government initiatives for the development of ethical fashion is expected to drive the ethical fashion market in the forecast period. Governments worldwide are focusing on the development of the ethical fashion industry due to their sustainable nature.

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Some ethical fashion market trends include use of natural and sustainable materials

Global ethical fashion market segments include:

1) By Product: Organic, Manmade/Regenerated, Recycled, Natural

2) By Type: Fair Trade, Animal Cruelty Free, Ecofriendly, Charitable Brands

3) By End-User: Men, Women, Kids

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Ethical Fashion Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides ethical fashion market overviews, analyzes and forecasts market size, share, ethical fashion market players, ethical fashion market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The ethical fashion identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Ethical Fashion Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Eileen Fisher, Reformation, H&M Concious (H&M Group), Levi Strauss & Co., Alternative Apparel, Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Ethical Fashion Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Ethical Fashion Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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