The Ethical Fashion Global Market Report 2020-30 by The Business Research Company 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.
The Ethical Fashion Global Market Opportunities And Strategies Report covers ethical fashion market drivers, ethical fashion market trends, ethical fashion market segments, ethical fashion market growth rate, ethical fashion market major players, and ethical fashion market size.
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The ethical fashion market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Ethical Fashion Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Recycling And Upcycling –
Companies in the ethical fashion market are recycling and upcycling in order to reduce wastage. Recycling reduces the consumption of energy and raw materials used in the manufacturing process. In Upcycling, the discarded materials out of the manufacturing process are used to create a high-quality product. It can significantly reduce wastage by using all the deadstock and gently used fabric to create new apparels. It can be done using used clothes too, which helps in re-fashioning many of the clothes into different styles. By minimizing or reducing the waste materials in manufacturing, companies can also see a positive effect in their revenues. Companies like Hipsters For Sisters’ make their products entirely with recycled, upcycled, or deadstock materials. Nike’s Flyleather is made out of at least 50% recycled leather fiber which reduces their carbon footprint significantly.
Celebrities Focus On Ethical Fashion –
There has been an increase in the number of celebrities vouching for ethical fashion, which inspires and promotes the use of brands that are environmentally friendly. Companies can benefit from the huge fan base of these celebrities and reach a wider audience and communicate their vision effectively. Many celebrates also own their line of ethical fashion brands and are the face of the brand, which gives confidence to the brand and helps in connecting with the audience as well. For instance, Gwyneth Paltrow’s brand, GOOP creates garments that are ethical, right from design to production. The production is done in Italy with the finest materials like natural linen. Bionic Yarn is involved in creating textiles with plastic taken out of the ocean and have collaborated with top brands like H&M, Adidas, Kiehl’s and Timberland for their conscious collections. The company is co-owned by musician, Pharrell Williams.
The market report is segmented:
By Product-
1.Organic
2.Man-Made/Regenerated
3.Recycled
4.Natural
By Type –
1.Fair Trade
2.Animal Cruelty Free
3.Eco-Friendly
4.Charitable Brands
By End-User –
1.Men
2.Women
3.Kids
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