Sustainable Fashion revenue is expected to grow by 8.2 % from 2023 to 2029


Posted October 26, 2023 by mahesh07

Sustainable Fashion Market size was valued at USD 6.89 Bn. in 2022 and the total Sustainable Fashion revenue is expected to grow by 8.2 % from 2023 to 2029, reaching nearly USD 11.96 Bn.

 
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.

Download PDF Brochure:https://www.maximizemarketresearch.com/request-sample/213432

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.

For More Details Visit:https://www.maximizemarketresearch.com/market-report/sustainable-fashion-market/213432/

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

➡ 𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐟𝐨𝐫 Free Report Sample 𝐏𝐃𝐅>:https://www.maximizemarketresearch.com/request-sample/213432

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)

About Maximize Market Research:

Maximize Industry Research stands as a versatile industry research and consulting firm, boasting a team of professionals spanning diverse sectors. Our expertise extends across an array of industries, encompassing medical devices, pharmaceutical manufacturing, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others.

Our Address
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mahesh
Phone 09607365656
Business Address 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
Country India
Categories Business
Tags sustainable fashion market , sustainable fashion market size , sustainable fashion market share
Last Updated October 26, 2023