Press release
Ethical Fashion Market: Rapid Growth and Expansion Explored, Driven by Sustainable Trends and Major Market Players
Ethical Fashion Market
Growth in ethical fashion catalyzed by consumer shift towards sustainable fashion and innovative market trends
What Is The Projected Market Size Of The Global Ethical Fashion Market And Its Growth Rate?
The ethical fashion market has witnessed robust growth over the years.
• Growth from $8.77 billion in 2024 to $9.48 billion in 2025 at a CAGR of 8.1%
• Expected to reach $13.32 billion in 2029 at a CAGR of 8.9%
Market growth in the historical period and forecast period can be attributed to emerging markets growth, rise in foreign direct investments, increasing customer focus towards sustainable fashion, rising awareness, social media, government initiatives, environmental impact of fast fashion, and growth of e-commerce.
What Is Driving The Growth In The Ethical Fashion Market?
The ethical fashion market's growth is primarily driven by growing awareness of the textile industry's negative environmental impacts. This awareness has led consumers to choose ethical fashion materials. From vast water usage to copious amounts of pesticides and herbicides, traditional textile manufacturing processes have heavily burdened the environment. This shift amongst consumers towards opting for eco-friendly materials greatly contributes to the growth of the ethical fashion market.
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Who Are The Key Players Driving Ethical Fashion Market Growth?
Major players in the ethical fashion market include:
• Eileen Fisher
• LVMH Moët Hennessy Louis Vuitton (LVHM)
• Levi Strauss & Co
• H&M Concious (H&M Group)
• Reformation
• Everlane
• Tentree
• Patagonia, Inc.
• Wear Pact LLC
• United By Blue
• Brass Clothing
• Ellie Kai
• Fake Natoo
• No Nasties
• Hoomanwear
• Maati
• Hemp Kari
• Maito
• NEEMIC
• People Tree Ltd
• Tonlé
• Shekudo
• Boden
• Sézane
• Alternative Apparel
• Thought Clothing
• Ninety Percent
• allSisters
• Armed Angels
• Beaumont Organic
• Bibico
• Finisterre
• Gudrun Sjoden
• Kitty Ferreira
• Lowie
• Madia & Matilda
• Mud Jeans
• Rêve en Vert
• Organic Basics
• HOPE Made in the World
• Buki Akomolafe
• Mayamiko
• SOLEREBELS
• Ksenia Schnaider
• Only Me
• Tennen
• Amour Vert
• Outerknown
• Kotn
• Hackwith Design House
• Fair Trade Winds
• Fair Indigo
• Back Beat Co.
• Encircled
• La Causa
• Whimsy and Row
• MATE The Label
• Sotela
• Ecologyst
• Cariuma
• Santista Jeanswear
• Animaná
• Splash Fashion
• Retold Dubai
• Asmaraia
• LISA FOLAWIYO
What Are The Key Trends In The Ethical Fashion Market?
Key trends encouraging growth in the ethical fashion market include:
• Providing customers with compelling, tangible stories
• Emphasis on recycling and upcycling to minimize wastage and environmental impact
• Use of animal-free leather in the interest of animal welfare
• Consideration for using natural materials
• Investment in vegan fashion
• Establishment of partnerships and collaborations
What Are The Segments Of The Global Ethical Fashion Market?
Segments of the ethical fashion market are:
1) Type: Fair Trade, Animal Cruelty Free, Eco-Friendly, Charitable Brands
2) Product: Organic, Man-Made Or Regenerated, Recycled, Natural
3) End User: Men, Women, Kids
Which Region Leads The Ethical Fashion Market?
Asia-Pacific led the ethical fashion market in 2024, followed closely by Western Europe. Other regions covered in this report include Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Ethical Fashion Market Global Market Report?
- Market Size Analysis: Analyze the Ethical Fashion Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ethical Fashion Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ethical Fashion Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ethical Fashion Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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