Report Code: CMI51954

Published Date: July 2024

Pages: 320+

Category: Consumer Goods

Reports Description

Global Sustainable Fashion Market was valued at USD 8.1 Billion in 2024 and is expected to reach USD 33.1 Billion by 2033, at a CAGR of 22.9% during the forecast period 2024 – 2033.

The eco-friendly and socially conscious fashion industry known as the sustainable fashion business, is expected to grow rapidly. Sustainable fashion refers to a movement and process of fostering change in fashion products and the fashion system towards greater ecological integrity and social justice. It encompasses the entire lifecycle of clothing, from design and production to distribution, use, and disposal.

Sustainable Fashion Market: Growth Factors

Favourable laws and policies of the government

Environmental sustainability in the fashion business is being encouraged by rules and regulations being introduced by governments worldwide. The European Union’s strategy for sustainable textiles seeks to increase innovation and competitiveness in this industry.

Marketers can make more convincing eco-friendly claims by using the U.S. Federal Trade Commission’s Green Guides. The UN Alliance for sustainable fashion’s principles take into account sustainability across the whole fashion cycle.

Regulations of this kind are pushing brands to incorporate eco-design, resource efficiency, waste minimization, and disclosure into their sustainability strategies. Rising government legislation requiring the use of organic cotton, recycled plastic, and other materials is also encouraging the use of sustainable products.

For instance, the India textiles and apparel report, published in 2021 by India’s policy think tank the NITI Ayog outlined a plan for moving the sector toward sustainability by 2030. It emphasizes things like using more organic cotton, emitting no dangerous chemicals into the environment, and recycling at a rate of 100%.

Advances in technology have made supply chains more transparent and circular

The fashion industry is moving toward a closed-loop, transparent, and sustainable fashion industry by combining technologies like artificial intelligence, blockchain, the Internet of Things (IoT), and big data analytics.

Blockchain allows for traceability from raw material sourcing to inventory management and smart manufacturing maximizes resource use. Digital solutions like virtual sampling and 3D design minimize waste generation.

Ongoing innovation in polymer chemistry and synthetic biology is enabling increased adoption of sustainable materials like bio-based and recycled fibers. Furthermore, sorting and recycling technologies allow for efficient end-of-life management of clothing.

These technological advancements are essential to the shift towards a closed-loop, transparent, and sustainable fashion industry. For instance, during the past year, there has been a surge in consumer interest in fashion rental platforms with smaller environmental footprints. According to a UN report, the volume of rental transactions increased by more than 25% worldwide between 2020 and 2021.

Sustainable Fashion Market: Restraints

High costs of raw materials and technological gaps

Sustainable fashion has many important obstacles despite its commendable attempts to lessen the negative social and environmental effects of the fashion industry. One significant barrier is the rising cost of obtaining raw materials, like cotton and synthetic fibers, which are getting more and more expensive.

The fashion industry, which is notorious for its water and carbon emissions usage, environmental pollution, and human rights violations, is finding it difficult to make the switch to more environmentally friendly practices.

This entails dealing with waste buildup, water contamination, and the usage of dangerous chemicals. One of the biggest obstacles to clothes recycling is the lack of technological breakthroughs.

The key component of sustainable fashion is garment recycling, but advancement is hampered by ineffective garbage collection, antiquated sorting procedures, and creative recycling ideas. Labor problems still exist since the fashion industry’s low pay and unfavourable working conditions frequently result in inferior goods.

In conclusion, the market for sustainable fashion is severely constrained by the high cost of raw materials and technological advancements. Some customers may find it prohibitive to purchase sustainable fashion items because of these elements’ potential to increase costs.

It will be crucial to overcome these obstacles if the sustainable fashion industry is to expand and attract more customers.

Sustainable Fashion Market: Opportunities

Integrated circular business models in eco-friendly clothing

Globally, enterprises and entrepreneurs find opportunities in the sustainable fashion sector with eco-friendly, socially responsible, and ethical manufacturing practices becoming more and more important to customers, businesses have an opportunity to address this need with creative solutions for sustainable fashion.

To conduct experiments involves investigating the application of novel sustainable materials such as milk proteins, recycled pet bottles, and banana fibers, utilizing India’s abundant natural resources.

ake-back schemes, rental services, and repair and refurbishing services are a few examples of circular fashion business models that can generate long-term income streams while cutting waste and extending the life of products.

To link ethical fashion firms with conscientious consumers and promote responsible consumption and awareness, entrepreneurs can also create ethical fashion marketplaces. Resource conservation and a circular economy are aided by zero-waste fashion initiatives, which recycle textile waste to make new goods.

Sustainable manufacturing facilities and industry growth can result from sustainable manufacturing methods, such as using renewable energy sources and consuming less water and energy.

Sustainable Fashion Market: Segmentation Analysis

The Global Sustainable Fashion Market is segmented into product type, fabric type, distribution channel, and region. Based on product type, the market is segmented into apparel, footwear, accessories, jewellery, bags and others.

The apparel segment dominated the market in 2023 with a market share of 45.5% and is expected to keep its dominance during the forecast period 2024-2033. The sustainable fashion market is driven by increasing consumer demand for eco-friendly and ethically produced apparel.

This sector focuses on using organic and recycled materials, adopting fair trade practices, and minimizing waste through circular fashion models like upcycling and resale. The key trends include transparency in supply chains, reduced carbon footprints, and innovative materials such as plant-based fabrics and biodegradable fibers.

Brands are increasingly committed to sustainability certifications and environmental stewardship, appealing to a growing segment of eco-conscious consumers. The market’s growth is fuelled by awareness of environmental issues and the desire for socially responsible consumption.

Based on fabric type, the market is segmented into recycled fabrics, organic fabrics, regenerated fabrics, natural fibers, alternate fibers and others. The organic fabrics segment dominated the market in 2023 with a market share of 39.5% and is expected to keep its dominance during the forecast period 2024-2033.

The organic fabric sector had the highest revenue share as more people are choosing environmentally friendly products that protect biodiversity and minimize pollution. Organic fabrics are a driving force behind the sustainable fashion market, as they offer eco-friendly alternatives to conventional textiles.

Made from natural fibers grown without synthetic pesticides or fertilizers, organic fabrics promote soil health, reduce water consumption, and minimize environmental impact. With increasing consumer awareness of sustainability issues, demand for clothing made from organic fabrics is on the rise.

Brands incorporating these materials into their collections are positioning themselves as environmentally responsible, appealing to conscientious consumers and driving the growth of the sustainable fashion market.

Based on distribution channels, the market is segmented into online, offline, brand outlets, independent boutiques and others. Online distribution channels dominated the market in 2023 with a market share of 39.8% and are expected to keep their dominance during the forecast period 2024-2033.

The sustainable fashion market is dominated by the online distribution channel segment. The search results indicate that online retail is anticipated to have a leading position in the worldwide sustainable fashion market, in line with the changing preferences of consumer shopping.

This channel offers convenience, extensive product variety, and transparency in supply chains, empowering consumers to make informed choices. Moreover, digital platforms facilitate communication of brand values and sustainability initiatives, fostering trust and loyalty among environmentally conscious shoppers.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 8.1 Billion
Projected Market Size in 2033 USD 33.1 Billion
Market Size in 2023 USD 7.6 Billion
CAGR Growth Rate 22.9% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Product Type, Fabric Type, Distribution Channel and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Sustainable Fashion Market: Regional Analysis

By Region, Sustainable Fashion Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa. North America led the Sustainable Fashion Market in 2023 with a market share of 42.3% and is expected to keep its dominance during the forecast period 2024-2033.

The high rate of water sports engagement and beach culture in North America are factors contributing to the market’s growth and awareness about eco-friendly fashion, regulations and promoting sustainability.

Europe is anticipated to hold a market share during the forecast period, making it the second-largest market for sustainable fashion. due to the significant presence of major fashion manufacturers in the region, the market in Europe is expected to develop during the forecast period.

Sustainable Fashion Market: Recent Developments

  • In March 2022, Circulose, a wood-based material, and organic cotton were used to create Levi Strauss & Co.’s most environmentally friendly denim collection to date. When compared to traditional jeans, the new Levi’s jeans range can save up to 17% on carbon emissions.
  • In November 2021, Kering Luxury Group launched the first collection of gowns as part of its Chime for Change campaign. Sustainable objectives are met via the collection’s use of organic, recyclable, renewable, and biodegradable textiles.
  • In Jun 2022, Ralph Lauren and Earth Colors, a firm that makes natural fibers partnered to launch a cotton dyeing method that utilizes less water and natural indigo pigment, making it more environmentally friendly.

List of the prominent players in the Sustainable Fashion Market:

  • H&M
  • Zara
  • Gap Inc.
  • Gucci
  • Nike
  • Adidas
  • Levi Strauss & Co.
  • VF Corporation
  • Fast Retailing (Uniqlo)
  • Prada
  • Burberry
  • Hermes
  • Ralph Lauren
  • PUMA
  • Under Armour
  • Lululemon
  • Eileen Fisher
  • Patagonia
  • Stella McCartney
  • Everlane
  • Others

These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.

The Sustainable Fashion Market is segmented as follows:

By Product Type

  • Apparel
  • Footwear
  • Accessories
  • Jewellery
  • Bags
  • Others

By Fabric Type

  • Recycled Fabrics
  • Organic Fabrics
  • Regenerated Fabrics
  • Natural Fibers
  • Alternate Fibers
  • Others

By Distribution Channel

  • Online
  • Offline
  • Brand Outlets
  • Independent Boutiques
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Sustainable Fashion Market, (2024 – 2033) (USD Billion)
    • 2.2 Global Sustainable Fashion Market: snapshot
  • Chapter 3. Global Sustainable Fashion Market – Industry Analysis
    • 3.1 Sustainable Fashion Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Favourable laws and policies of the government
      • 3.2.2 Advances in technology have made supply chains more transparent and circular
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Product Type
      • 3.7.2 Market Attractiveness Analysis By Fabric Type
      • 3.7.3 Market Attractiveness Analysis By Distribution Channel
  • Chapter 4. Global Sustainable Fashion Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Sustainable Fashion Market: Company Market Share, 2023
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Sustainable Fashion Market – Product Type Analysis
    • 5.1 Global Sustainable Fashion Market Overview: By Product Type
      • 5.1.1 Global Sustainable Fashion Market Share, By Product Type, 2023 and 2033
    • 5.2 Apparel
      • 5.2.1 Global Sustainable Fashion Market by Apparel, 2024 – 2033 (USD Billion)
    • 5.3 Footwear
      • 5.3.1 Global Sustainable Fashion Market by Footwear, 2024 – 2033 (USD Billion)
    • 5.4 Accessories
      • 5.4.1 Global Sustainable Fashion Market by Accessories, 2024 – 2033 (USD Billion)
    • 5.5 Jewellery
      • 5.5.1 Global Sustainable Fashion Market by Jewellery, 2024 – 2033 (USD Billion)
    • 5.6 Bags
      • 5.6.1 Global Sustainable Fashion Market by Bags, 2024 – 2033 (USD Billion)
    • 5.7 Others
      • 5.7.1 Global Sustainable Fashion Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 6. Global Sustainable Fashion Market – Fabric Type Analysis
    • 6.1 Global Sustainable Fashion Market Overview: By Fabric Type
      • 6.1.1 Global Sustainable Fashion Market Share, By Fabric Type, 2023 and 2033
    • 6.2 Recycled Fabrics
      • 6.2.1 Global Sustainable Fashion Market by Recycled Fabrics, 2024 – 2033 (USD Billion)
    • 6.3 Organic Fabrics
      • 6.3.1 Global Sustainable Fashion Market by Organic Fabrics, 2024 – 2033 (USD Billion)
    • 6.4 Regenerated Fabrics
      • 6.4.1 Global Sustainable Fashion Market by Regenerated Fabrics, 2024 – 2033 (USD Billion)
    • 6.5 Natural Fibers
      • 6.5.1 Global Sustainable Fashion Market by Natural Fibers, 2024 – 2033 (USD Billion)
    • 6.6 Alternate Fibers
      • 6.6.1 Global Sustainable Fashion Market by Alternate Fibers , 2024 – 2033 (USD Billion)
    • 6.7 Others
      • 6.7.1 Global Sustainable Fashion Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 7. Global Sustainable Fashion Market – Distribution Channel Analysis
    • 7.1 Global Sustainable Fashion Market Overview: By Distribution Channel
      • 7.1.1 Global Sustainable Fashion Market Share, By Distribution Channel, 2023 and 2033
    • 7.2 Online
      • 7.2.1 Global Sustainable Fashion Market by Online, 2024 – 2033 (USD Billion)
    • 7.3 Offline
      • 7.3.1 Global Sustainable Fashion Market by Offline, 2024 – 2033 (USD Billion)
    • 7.4 Brand Outlets
      • 7.4.1 Global Sustainable Fashion Market by Brand Outlets, 2024 – 2033 (USD Billion)
    • 7.5 Independent Boutiques
      • 7.5.1 Global Sustainable Fashion Market by Independent Boutiques, 2024 – 2033 (USD Billion)
    • 7.6 Others
      • 7.6.1 Global Sustainable Fashion Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 8. Sustainable Fashion Market – Regional Analysis
    • 8.1 Global Sustainable Fashion Market Regional Overview
    • 8.2 Global Sustainable Fashion Market Share, by Region, 2023 & 2033 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Sustainable Fashion Market, 2024 – 2033 (USD Billion)
        • 8.3.1.1 North America Sustainable Fashion Market, by Country, 2024 – 2033 (USD Billion)
    • 8.4 North America Sustainable Fashion Market, by Product Type, 2024 – 2033
      • 8.4.1 North America Sustainable Fashion Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.5 North America Sustainable Fashion Market, by Fabric Type, 2024 – 2033
      • 8.5.1 North America Sustainable Fashion Market, by Fabric Type, 2024 – 2033 (USD Billion)
    • 8.6 North America Sustainable Fashion Market, by Distribution Channel, 2024 – 2033
      • 8.6.1 North America Sustainable Fashion Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Sustainable Fashion Market, 2024 – 2033 (USD Billion)
        • 8.7.1.1 Europe Sustainable Fashion Market, by Country, 2024 – 2033 (USD Billion)
    • 8.8 Europe Sustainable Fashion Market, by Product Type, 2024 – 2033
      • 8.8.1 Europe Sustainable Fashion Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.9 Europe Sustainable Fashion Market, by Fabric Type, 2024 – 2033
      • 8.9.1 Europe Sustainable Fashion Market, by Fabric Type, 2024 – 2033 (USD Billion)
    • 8.10 Europe Sustainable Fashion Market, by Distribution Channel, 2024 – 2033
      • 8.10.1 Europe Sustainable Fashion Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Sustainable Fashion Market, 2024 – 2033 (USD Billion)
        • 8.11.1.1 Asia Pacific Sustainable Fashion Market, by Country, 2024 – 2033 (USD Billion)
    • 8.12 Asia Pacific Sustainable Fashion Market, by Product Type, 2024 – 2033
      • 8.12.1 Asia Pacific Sustainable Fashion Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.13 Asia Pacific Sustainable Fashion Market, by Fabric Type, 2024 – 2033
      • 8.13.1 Asia Pacific Sustainable Fashion Market, by Fabric Type, 2024 – 2033 (USD Billion)
    • 8.14 Asia Pacific Sustainable Fashion Market, by Distribution Channel, 2024 – 2033
      • 8.14.1 Asia Pacific Sustainable Fashion Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Sustainable Fashion Market, 2024 – 2033 (USD Billion)
        • 8.15.1.1 Latin America Sustainable Fashion Market, by Country, 2024 – 2033 (USD Billion)
    • 8.16 Latin America Sustainable Fashion Market, by Product Type, 2024 – 2033
      • 8.16.1 Latin America Sustainable Fashion Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.17 Latin America Sustainable Fashion Market, by Fabric Type, 2024 – 2033
      • 8.17.1 Latin America Sustainable Fashion Market, by Fabric Type, 2024 – 2033 (USD Billion)
    • 8.18 Latin America Sustainable Fashion Market, by Distribution Channel, 2024 – 2033
      • 8.18.1 Latin America Sustainable Fashion Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Sustainable Fashion Market, 2024 – 2033 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Sustainable Fashion Market, by Country, 2024 – 2033 (USD Billion)
    • 8.20 The Middle-East and Africa Sustainable Fashion Market, by Product Type, 2024 – 2033
      • 8.20.1 The Middle-East and Africa Sustainable Fashion Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.21 The Middle-East and Africa Sustainable Fashion Market, by Fabric Type, 2024 – 2033
      • 8.21.1 The Middle-East and Africa Sustainable Fashion Market, by Fabric Type, 2024 – 2033 (USD Billion)
    • 8.22 The Middle-East and Africa Sustainable Fashion Market, by Distribution Channel, 2024 – 2033
      • 8.22.1 The Middle-East and Africa Sustainable Fashion Market, by Distribution Channel, 2024 – 2033 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 H&M
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Zara
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Gap Inc.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Gucci
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Nike
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Adidas
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Levi Strauss & Co.
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 VF Corporation
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Fast Retailing (Uniqlo)
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Prada
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Burberry
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Hermes
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Ralph Lauren
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 PUMA
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Under Armour
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Lululemon
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
    • 9.17 Eileen Fisher
      • 9.17.1 Overview
      • 9.17.2 Financials
      • 9.17.3 Product Portfolio
      • 9.17.4 Business Strategy
      • 9.17.5 Recent Developments
    • 9.18 Patagonia
      • 9.18.1 Overview
      • 9.18.2 Financials
      • 9.18.3 Product Portfolio
      • 9.18.4 Business Strategy
      • 9.18.5 Recent Developments
    • 9.19 Stella McCartney
      • 9.19.1 Overview
      • 9.19.2 Financials
      • 9.19.3 Product Portfolio
      • 9.19.4 Business Strategy
      • 9.19.5 Recent Developments
    • 9.20 Everlane
      • 9.20.1 Overview
      • 9.20.2 Financials
      • 9.20.3 Product Portfolio
      • 9.20.4 Business Strategy
      • 9.20.5 Recent Developments
    • 9.21 Others.
      • 9.21.1 Overview
      • 9.21.2 Financials
      • 9.21.3 Product Portfolio
      • 9.21.4 Business Strategy
      • 9.21.5 Recent Developments
List Of Figures

Figures No 1 to 33

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2033

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2033
  • Market revenue estimates and forecasts up to 2033, by technology
  • Market revenue estimates and forecasts up to 2033, by application
  • Market revenue estimates and forecasts up to 2033, by type
  • Market revenue estimates and forecasts up to 2033, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • H&M
  • Zara
  • Gap Inc.
  • Gucci
  • Nike
  • Adidas
  • Levi Strauss & Co.
  • VF Corporation
  • Fast Retailing (Uniqlo)
  • Prada
  • Burberry
  • Hermes
  • Ralph Lauren
  • PUMA
  • Under Armour
  • Lululemon
  • Eileen Fisher
  • Patagonia
  • Stella McCartney
  • Everlane
  • Others

FAQs

The restraints of the Global Sustainable Fashion Market is high costs of raw materials and technological gaps.

The major driver for the sustainable fashion market rise favourable laws and policies of the government and advances in technology have made supply chains more transparent and circular.

The “Apparel” category dominated the market in 2023.

The key players in the market are H&M, Zara, Gap Inc., Gucci, Nike, Adidas, Levi Strauss & Co., VF Corporation, Fast Retailing (Uniqlo), Prada, Burberry, Hermes, Ralph Lauren, PUMA, Under Armour, Lululemon, Eileen Fisher, Patagonia, Stella McCartney, Everlane, Others.

“North America” had the largest share in the Sustainable Fashion Market.

The global market is projected to grow at a CAGR of 22.9% during the forecast period, 2024-2033.

The Sustainable Fashion Market size was valued at USD 8.1 Billion in 2024.

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2290


$

2290

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • Report in your Language.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Report in your Language.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • In-Depth Company Profiles.
  • SWOT Analysis.
  • Identify your Competitors.
  • Recent Development Analysis.
  • Competitor Pricing Strategies.
  • Competitor Marketing Strategies.
  • Competitor Positioning and Messaging.
  • Competitor Product’s Strengths.
  • Free 20% or 10 Hours of Customisation.
  • 15% Discount on your Next Purchase.
  • Upgradable to other licenses.
  • PDF Format.
  • Permission to Print the Report.

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