Ethical Fashion Global Market Opportunities And Strategies To 2032, By Type, Product, End-user
As per the ethical fashion market report by The Business Research Company, the growing awareness of the adverse effects of the textile industry on the environment is encouraging customers to opt for ethical fashion materials.
The global ethical fashion market size will grow from $7.57 billion in 2022 to $8.17 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethical fashion market size is expected to grow to $11.12 billion in 2027 at a CAGR of 8.0%.
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Major competitors in the ethical fashion market include Christian Dior SE, H&M AB, NIKE Inc., Adidas AG, Pact, Tentree, Everlane and Eileen Fisher.
The ethical fashion market is segmented -
• 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: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ethical fashion market.
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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.
The Table Of Content For The Ethical Fashion Market Include:
1. Executive Summary
2. Ethical Fashion Market Characteristics
3. Ethical Fashion Market Trends And Strategies
4. Ethical Fashion Market - Macro Economic Scenario
5. Ethical Fashion Market Size And Growth
6. Ethical Fashion Market Segmentation
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
The "Global Ethical Fashion Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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