Forecasting till 2030: Opportunities And Strategies In The Global Ethical Fashion Market – Includes Ethical Fashion Market Overview
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Increasing awareness about the importance of ethical fashion is expected to drive the ethical fashion market going forward, as per The Business Research Company’s ethical fashion market opportunities and strategies report.
The ethical fashion market is expected reach $10.10 billion 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 $10.10 billion in 2025 to $15.58 billion in 2030 at a CAGR of 9.0%.
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Major players in the ethical fashion market include Eileen Fisher, Reformation, H&M Concious (H&M Group), Levi Strauss & Co., Everlane.
Companies in the ethical fashion market are increasingly focusing on storytelling and educating their customers on the work they do and process they follow in order to bring products to the ethical fashion market. This helps in providing credibility to the claims of ethics and sustainability that the brand promises by being transparent about their production and design processes. It also shows how much the brand focuses on creating clothes that have a low impact on the environment. Companies ensure good practices in sourcing and production and also highlight the motivation of their suppliers, factories and local communities from which they source.
The Global Ethical Fashion Market Is Segmented:
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.
TBRC’s Ethical Fashion Market Report Covers:
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 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 thorough ethical fashion market research, analyzes and forecasts ethical fashion market size, ethical fashion market share, ethical fashion market players, ethical fashion market trends, ethical fashion market segmentation 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.
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.
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