Sustainable Fashion Market Dynamics:
Several key trends are propelling the Sustainable Fashion Market forward. Primarily, the fashion industry's environmental and social impacts are under scrutiny, driven by heightened climate consciousness among Gen Z consumers. Major brands, including Burberry and Stella McCartney, are aligning with the UN Fashion Industry Charter for Climate Action, committing to emission reduction. The market's future is shaped by sustainability trends, such as the booming Second-hand market, projected to reach USD 84 billion, driven by eco-aware younger generations and facilitated by apps like Thrift and Depop.
The Rental market is gaining popularity through platforms like Rent the Runway, providing access to designer fashion without ownership. However, concerns about transportation emissions in the rental process challenge its sustainability. "De-influencing" emerges as influencers discourage certain purchases, promoting a minimalist approach. Repair services, offered by brands like Patagonia and Cotswold Outdoor, are gaining momentum, urging consumers to prolong the lifespan of their clothing. Lastly, Upcycling, creating new garments from old ones, contributes to a circular economy and reduces landfill waste.
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Sustainable Fashion Market Report Scope and Research Methodology:+
The Sustainable Fashion Market report provides a comprehensive assessment of the market for the forecast period, analyzing patterns and factors that influence it, such as drivers, constraints, opportunities, and challenges. It also predicts revenue growth during this period. The research delves into major applications, business strategies, and influencing factors within the Sustainable Fashion Market. Utilizing methods like SWOT and PESTLE analysis, the report explores market trends, volume, cost, share, supply and demand. Primary research resources include databases and surveys.
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Sustainable Fashion Market Segmentation
by Product Type
Clothing
Footwear
Accessories
Textiles
by Product
Nature Organic
Man-Made/Regenerated
Recycled
Natural
by Distribution Channel
Retail Stores
E-commerce
Sustainable Fashion Events
by Consumer Demographics
Eco-conscious Consumers
Mainstream Consumers
Brands and Organizations
by End-User
Men
Women
Kids
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Sustainable Fashion Market Key Players include:
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
16. Wunderwerk
17. Zara (Inditex) - Through their "Join Life" collection.
Sustainable Fashion Market Regional Insights
North America dominated the Sustainable Fashion Market in 2022 and is expected to continue its dominance during the forecast period. North America's market expansion is driven by a surge in ethical consumerism, with the United States particularly emphasizing sustainable practices in clothing, footwear, and accessories.
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
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