Ethical Fashion Market Report 2021 to 2023 Provides Market Dynamics including Growth Drivers, Restraints, Opportunity and Trends
The ethical fashion market report describes and explains the global ethical fashion market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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.
The global ethical fashion market is expected grow from $4.67 billion in 2020 to $5.84 billion in 2021 at a compound annual growth rate (CAGR) of 25.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.3 billion in 2023 at a CAGR of 9%.
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Some of the major players of the ethical fashion market are Christian Dior SE, H&M AB, NIKE Inc, Adidas AG, Pact, Tentree, Everlane, Eileen Fisher.
The countries covered in the global ethical fashion market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global ethical fashion market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global ethical fashion market is segmented -
1) By Type: Fair Trade, Animal Cruelty Free, Ecofriendly, Charitable Brands
2) By Product: Organic, Manmade/Regenerated, Recycled, Natural
3) By End-User: Men, Women, Kids
Read More On The Global Ethical Fashion Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Ethical Fashion Market Characteristics
3. Ethical Fashion Market Trends And Strategies
4. Impact Of COVID-19 On Ethical Fashion
5. Ethical Fashion Market Size And Growth
26. Africa Ethical Fashion Market
27. Ethical Fashion Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethical Fashion Market
29. Ethical Fashion Market Future Outlook and Potential Analysis
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