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Global Ethical Fashion Market 2020 Trends, Growth and Profit Analysis, Forecast by 2030 |TBRC Reports
Ethical Fashion Market
The global Ethical Fashion market is expected to decline from $6.35billion in 2019 and to $6.14 billion in 2020 at a compound annual growth rate (CAGR) of -3.24%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $8.25 billion in 2023 at CAGR of 10.33%.
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The ethical fashion market consists of revenues generated by the establishments that are primarily engaged in designing, production, retail, and purchasing of ethical fashion apparels . Ethical fashion is about designing and manufacturing clothes that care for people and communities while minimizing the impact on the environment. It focuses on both the social and environmental impact of fashion, and to improve the working conditions of laborers.
Ethical fashion is becoming increasingly popular globally, however the high cost for cloth is hampering the growth of Ethical Fashion market. Every piece of clothing is handmade on a sewing machine by someone, somewhere. Paying to people will largely impact on the cost of clothing. Ethically run sewing facilities pay their employees well and offer important human rights for a safe working environment. Choosing to manufacture with these ethical mills drives up the costs significantly for Ethical fashion brands.
Ethical Fashion Market Segmentation:
By Type
1.Fair trade
2.Animal cruelty free
3.Eco friendly
4.Charitable brands
By Product
1.Organic
2.Manmade/regenerated
3.Recycled
4.Natural
By End-user
1.Men
2.Women
3.Kids
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Few Points From Table Of Content
1. Executive Summary
2. Ethical Fashion Market Characteristics
3. Ethical Fashion Market Size And Growth
4. Ethical Fashion Market Segmentation
5. Ethical Fashion Market Regional And Country Analysis
....
25. Ethical Fashion Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Ethical Fashion Market
27. Ethical Fashion Market Trends And Strategies
28. Ethical Fashion Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the ethical fashion market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the ethical fashion market are Christian Dior SE, H&M AB, NIKE Inc, Adidas AG, Pact, Tentree, Everlane, Eileen Fisher
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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