Sustainable Fashion Market size was valued at USD 7.45 Bn. in 2023 and the total Sustainable Fashion revenue is expected to grow by 8.2 % from 2024 to 203
Sustainable Fashion Market Overview:
This Sustainable Fashion market study looks at current and emerging industry trends and dynamics in the global Sustainable Fashion market. Sustainable Fashion Extensive market forecasting for the major market segments is carried out between 2024 and 2030. Extensive Sustainable Fashion market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Sustainable Fashion market, key players are profiled and their strategies are thoroughly evaluated.
Market Scope:
The analysis contains a current examination of the present Sustainable Fashion market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Sustainable Fashion market environment. Increased demand for Sustainable Fashion is driving the market. The Sustainable Fashion market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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Segmentation:
With a 48% market share, clothing dominated the sustainable fashion market in 2023 and is predicted to maintain its dominance for the duration of the forecast period. When it comes to apparel, sustainable design is widely embraced in every category, from sportswear and formal wear to daily wear. This market is expanding because more and more customers are looking for ethical and environmentally sustainable apparel solutions. Even yet, the market for sustainable fashion is seeing a rapid increase in the demand for sustainable footwear, especially in the athletic and casual shoe categories where cutting-edge materials like recycled rubber and sustainable leather substitutes are being welcomed. It’s also anticipated that sustainable options for jewelry, belts, and bags will rise, appealing to customers who want to make ethical fashion statements.
Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market’s major influencing factors, as well as complete company profiles of
1. Allbirds
2. Amour Vert
3. ArmedAngels
4. ASOS Eco Edit
5. Eileen Fisher Inc.
6. Everlane
7. H&M Conscious
8. Mara Hoffman
9. Mud Jeans
10. Nudie Jeans
11. Patagonia Inc.
12. People Tree
13. Reformation
14. Stella McCartney
15. Veja
Regional Analysis:
Individual market influencing variables and changes in market laws that impact present and future market trends are also included in the regional segment of the Sustainable Fashion market study. Data points such as downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies are just a few of the indicators utilized to anticipate market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Sustainable Fashion Market:
The COVID-19 epidemic has had a significant impact on the global Sustainable Fashion industry. Sustainable Fashion Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Sustainable Fashion market to decelerate in 2020. The negative impact of COVID-19 on the Sustainable Fashion market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2023, owing to increased demand for Sustainable Fashion.
Key Questions Answered in the Sustainable Fashion Market Report are:
- Which segment was responsible for the largest share in the Sustainable Fashion market?
- How was the competitive scenario of the Sustainable Fashion market in 2023?
- Which are the key factors responsible for the Sustainable Fashion market growth?
- Which region held the maximum share in the Sustainable Fashion market in 2023?
