Wednesday, July 6, 2022

Email id:, Contact Us : +91-9015378249

Home Consumer products and Retail Global Ethical Fashion Market Research Report: Ken Research

Global Ethical Fashion Market Research Report: Ken Research

Major players in the Ethical Fashion market are Christian Dior SE, H&M AB, NIKE Inc, Adidas AG, Pact, Tentree, Everlane, and Eileen Fisher.

The Global Ethical Fashion Market is expected to decline from USD 6.35billion in 2019 and to USD 6.14 billion in 2020 at a compound annual growth rate (CAGR) of -3.24%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 8.25 billion in 2023 at CAGR of 10.33%.

The ethical fashion market consists of revenues generated by the establishments that are primarily engaged in designing, production, retail, and purchasing of ethical fashion apparels Ethical fashion is about designing and manufacturing clothes that care for people and communities while minimizing the impact on the environment. It focuses on both the social and environmental impact of fashion, and to improve the working conditions of laborers.

Asia-Pacific was the largest region in the esports market in 2019. North America is expected to be the fastest growing region in the forecast period.

Natural resources are being used as alternatives for complex and adversely affecting chemicals-based textiles. Chemicals such as chromium which are toxic, are heavily used in the leather tanning process. To address the concerns with toxic chemicals, Carmen Hijosa, founder of Ananas Anam, developed ‘Pinatex’, a natural leather alternative made from cellulose fibres extracted from pineapple leaves as an alternative to it and other petroleum-based textiles. The industrial process used to create Pinatex produces biomass, which can be converted into a fertilizer that farmers can spread into their soil to grow the next pineapple harvest. The use of natural and sustainable materials is current trend in apparels industry.

The ethical fashion market covered in this report is segmented by type into fair trade; animal cruelty free; eco-friendly; charitable brands. It is also segmented by product into organic; manmade/regenerated; recycled; natural and by end-user into men; women; kids.

Ethical fashion is becoming increasingly popular globally, however the high cost for cloth is hampering the growth of Ethical Fashion market. Every piece of clothing is handmade on a sewing machine by someone, somewhere. Paying to people will largely impact on the cost of clothing. Ethically run sewing facilities pay their employees well and offer important human rights for a safe working environment. Choosing to manufacture with these ethical mills drives up the costs significantly for Ethical fashion brands.

In August 2019, Nike, Inc. is an American multinational corporation that acquired Boston-based predictive analytics company Celect for an undisclosed amount. With the acquisition of Celect, Nike greatly accelerates digital advantage by adding a platform developed by world-class data scientists. Celect is a cloud-based predictive analytics platform, helping retailers optimize inventories through data-driven decisions.

The growing awareness of the adverse effects of the textile industry on the environment is encouraging customers to opt for ethical fashion materials. The farms that grow raw materials used to make fabrics, including crops like cotton, flax, and hemp, need a lot of water. Up to 20,000 liters of water are needed to produce just 1kg of cotton. To protect these crops, some farmers use lots of pesticides and herbicides that end up in the environment. Manufacturing rayon, an artificial fabric made from wood pulp, has emerged in the loss of many old-growth forests. During the process that transforms it into the fabric, the pulp is treated with dangerous chemicals that eventually get their move into the environment. Considering these processes that harm environment, people are shifting towards environment friendly materials, and this factor is contributing to the growth of ethical fashion market.

For More Information, Click on the Link Below:-

Global Ethical Fashion Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications



Massive underlying development in E-retail, E-commerce and Supply Chain will improve online furniture & home décor landscape in India: Ken Research

Buy Now Key Findings Huge surge in demand of online furniture and home décor items from Tier 2 and Tier 3 cities would be witnessed...

Global Bag Closure Clips Market Growth is driven by Major Technological Advancements: Ken Research

Buy Now Bag closure clips are closable devices that are utilized to close bags easily and proficiently. Bag closure sticks safeguard the freshness of products...

Headlamps for Men Market Growth Drive by Existence of Giant Market Players: Ken Research

Buy Now Headlamps for men are powered by three or four AA or AAA batteries or are rechargeable. Headlamps or headlights or also well-known as...

Most Popular

Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices Fueling Growth in the North America Market: Ken Research

Buy Now June 2022 | North America Connected Medical Devices Market News Impact of COVID on North America Connected Medical Devices Market: The ongoing Covid-19 pandemic...

Malaysia Automotive Lubricant Market Outlook to 2025

Buy Now Automotive Lubricants Market in Malaysia is driven by the Growth in Number of Passenger Vehicles on Road and the rapidly increasing demand for...

Rise in Cardiovascular and Infectious diseases has given a major push to high precision and portable diagnostic devices eventually driving the consumable and outright...

Buy Now Installations of Diagnostic Devices (BGA, POC IAA and TCM) in UAE is expected to grow as demand for new and innovative products...

Israel Fitness Market, Share, Growth Rate, Size and Future Outlook till 2025

Buy Now Growing Awareness regarding balanced Lifestyle and Access to low cost budget fitness centers to drive market growth: Ken Research Digital Fitness App Market is...