PUBLISHER: Lucintel | PRODUCT CODE: 1523005
PUBLISHER: Lucintel | PRODUCT CODE: 1523005
Sustainable Fashion Trends and Forecast
The future of the global sustainable fashion market looks promising with opportunities in the men, women, children, and unisex markets. The global sustainable fashion market is expected to reach an estimated $24.26 billion by 2030 with a CAGR of 18.6% from 2024 to 2030. The major drivers for this market are rising consumer awareness and demand for eco-friendly products and innovations in technology that enhance visibility in supply chains and promote circularity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sustainable Fashion by Segment
The study includes a forecast for the global sustainable fashion by product type, fabric type, distribution channel, end use, and region.
List of Sustainable Fashion Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sustainable fashion companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sustainable fashion companies profiled in this report include-
Sustainable Fashion Market Insights
Lucintel forecasts that apparel is expected to witness the highest growth over the forecast period.
Within this market, women will remain the largest segment.
North America will remain the largest region over the forecast period due to increasing awareness about eco-friendly fashion, regulations promoting sustainability, and rising spending power.
Features of the Global Sustainable Fashion Market
Market Size Estimates: Sustainable fashion market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sustainable fashion market size by various segments, such as by product type, fabric type, distribution channel, end use, and region in terms of value ($B).
Regional Analysis: Sustainable fashion market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, fabric types, distribution channels, end uses, and regions for the sustainable fashion market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sustainable fashion market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the sustainable fashion market size?
Answer: The global sustainable fashion market is expected to reach an estimated $24.26 billion by 2030.
Q2. What is the growth forecast for sustainable fashion market?
Answer: The global sustainable fashion market is expected to grow with a CAGR of 18.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sustainable fashion market?
Answer: The major drivers for this market are rising consumer awareness and demand for eco-friendly products and innovations in technology that enhance visibility in supply chains and promote circularity.
Q4. What are the major segments for sustainable fashion market?
Answer: The future of the sustainable fashion market looks promising with opportunities in the men, women, children, and unisex markets.
Q5. Who are the key sustainable fashion market companies?
Answer: Some of the key sustainable fashion companies are as follows:
Q6. Which sustainable fashion market segment will be the largest in future?
Answer: Lucintel forecasts that apparel is expected to witness the highest growth over the forecast period.
Q7. In sustainable fashion market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing awareness about eco-friendly fashion, regulations promoting sustainability, and rising spending power.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.