Learn about the global ethical fashion market through The Business Research Company, which provides information on ethical fashion market size, ethical fashion market drivers and restraints, ethical fashion market players, the COVID-19 impact on the ethical fashion market, and more.

The global ethical fashion market reached a value of nearly $6,349.9 million in 2020, having increased at a compound annual growth rate (CAGR) of 6.1% since 2015. The ethical fashion market is expected to grow from $6,349.9 million in 2020 to $10,109.9 million in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to the growing awareness about using ethical fashion for sustainability. The ethical fashion market is expected to grow from $10,109.9 million in 2025 to $15,584.2 million in 2030 at a CAGR of 9.0%.

Rising awareness, social media, government initiatives, environmental impact of fast fashion are expected to drive innovation in ethical fashion manufacturing, thus driving the market during the forecast period.

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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.

Global Ethical Fashion Market Segments Include:

By Product – Organic, Man-Made/Regenerated, Recycled, Natural

By Type – Fair Trade, Animal Cruelty Free, Eco-Friendly, Charitable Brands

By End-User – Men, Women, Kids

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global ethical fashion market, accounting for 31.6% of the total in 2020.

Companies in the ethical fashion market are recycling and upcycling in order to reduce wastage. Recycling reduces the consumption of energy and raw materials used in the manufacturing process. In Upcycling, the discarded materials out of the manufacturing process are used to create a high-quality product. It can significantly reduce wastage by using all the deadstock and gently used fabric to create new apparels. It can be done using used clothes too, which helps in re-fashioning many of the clothes into different styles. By minimizing or reducing the waste materials in manufacturing, companies can also see a positive effect in their revenues.

TBRC’s ethical fashion market report covers:

Major Market Players: Eileen Fisher, Reformation, H&M Concious (H&M Group), Levi Strauss & Co.,Everlane

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 (2016-21) and ten years forecast (2022-2026-2031)

The Ethical Fashion Global Market Report 2022: Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides ethical fashion market overviews, analyses and forecasts market size, share, ethical fashion market players, ethical fashion market segments and geographies, leading competitor revenues, profiles and market shares.

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

Here Is A List Of Similar Reports From The Business Research Company:

Fast Fashion Global Market Report 2021

Fashion E-Commerce Global Market Report 2021

Specialized Design Services Global Market Report 2021

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