Precision Business Insights has published a report on the global ethical fashion market, estimating its value at USD 8,869.7 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/ethical-fashion-market
The ethical fashion market encompasses the design, manufacture, and retail of clothing that stresses social responsibility, environmental sustainability, and supply chain transparency. It comprises companies and manufacturers who use fair labor methods, reduce environmental impact, eliminate animal cruelty, and encourage long-lasting, high-quality clothing.
Drivers:
- Rising global consciousness around climate change, labor exploitation, and waste has led consumers to favor sustainable and ethical brands.
- Governments and advocacy groups are pushing for stricter labor laws, transparency in sourcing, and environmental compliance in fashion production.
The global ethical fashion market segmentation:
1) By Type: Fair Trade, Animal Cruelty-Free, Eco-Friendly, and Charitable Brands
2) By Product: Organic, Man-Made/Regenerated, Recycled, and Natural
3) By End-User: Men, Women, and Children
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Regional Overview:
The report also examines the current concerns and their Future Effects on the ethical fashion market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the ethical fashion market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Patagonia, Inc., Eileen Fisher, Inc., People Tree, Reformation, Everlane, Stella McCartney, Veja, PACT, Tentree, Thought Clothing, Organic Basics
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