Global Ethical Fashion Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

The Ethical Fashion Market Is Estimated To Reach $11.12 Billion By 2027 At A CAGR Of 8.0% – Includes Ethical Fashion Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The growing awareness of the adverse effects of the textile industry on the environment are expected to drive innovation in ethical fashion manufacturing, thus driving the market during the forecast period.

 

The global ethical fashion market is expected to grow from $7.57 billion in 2022 to $8.17 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The global ethical fashion market size is expected to grow to $11.12 billion in 2027 at a CAGR of 8.0%.

 

Get A Free Sample On The Global Ethical Fashion Market Report:
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Global ethical fashion Market Segments Include:

  • By Type:Fair trade, Animal cruelty free, Eco friendly, Charitable brands
  • By Product:Organic, Manmade/regenerated, Recycled, Natural
  • By End-User Sex: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 is the largest region in the global ethical fashion market in 2021.

 

Major Market Players in the ethical fashion market include Christian Dior SE, H&M AB, NIKE Inc., Adidas AG, Pact, Tentree, Everlane and Eileen Fisher.

 

Natural resources are being used as alternatives for complex and adversely affecting chemicals-based textiles. Chemicals such as chromium which are toxic are heavily used in the leather tanning process. To address the concerns with toxic chemicals, Carmen Hijosa, founder of Ananas Anam, developed ‘Pinatex’, a natural leather alternative made from cellulose fibres extracted from pineapple leaves as an alternative to it and other petroleum-based textiles. The industrial process used to create Pinatex produces biomass, which can be converted into a fertilizer that farmers can spread into their soil to grow the next pineapple harvest. The use of natural and sustainable materials is current trend in ethical fashion market.

 

The Ethical Fashion Global Market Report 2023 provides a ethical fashion market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ethical fashion market forecast analyzes ethical fashion market size, ethical fashion market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Ethical fashion refers to design, production, and distribution of clothing that prioritises minimising harm to people and the environment In the best case scenario, it helps all parties involved in the supply chain and improves everyone’s future, not just that of the top tier. The social impact and principles underlying a brand’s label are important to ethical fashion. It focuses on both the social and environmental impact of fashion, and improving the working conditions of labourers.

 

Explore Similar Reports From The Business Research Company:

Fast Fashion Global Market Report 2023

Fashion ECommerce Global Market Report 2023

Clothing And Clothing Accessories Stores Global Market Report 2023

 

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