Ethical Fashion Market Global Report 2020-30: Covid 19 Growth And Change
LONDON, GREATER LONDON, UK, June 19, 2020 /EINPresswire.com/ — The global ethical fashion market is expected to decline from $6.35 billion in 2019 to $6.14 billion in 2020 at a rate 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 $8.25 billion in 2023 at a rate of 10.33%. The growing awareness of the adverse effects of the textile industry on the environment is encouraging customers to opt for ethical fashion materials. However, the high cost for cloth is hampering the growth of the ethical fashion market.
The ethical fashion market consists of revenues generated by the establishments that are primarily engaged in designing, production, retail, and purchasing of ethical fashion apparel. 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.
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The global ethical fashion market is further segmented based on type and geography.
By type: Fair trade; Animal cruelty free; Eco friendly; Charitable brands.
By Product: Organic; Manmade/regenerated; Recycled; Natural.
By End-user: Men; Women; Kids.
By Geography: The global ethical fashion market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-Pacific ethical fashion market accounts for the largest share in the global ethical fashion market.
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Trends In The Ethical Fashion Market
Natural resources are being used as alternatives for complex and adversely affecting chemicals-based textiles.
Ethical Fashion Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides ethical fashion market overviews, analyzes and forecasts ethical fashion market size and growth for the global ethical fashion market, ethical fashion market share, ethical fashion market players, ethical fashion market size, ethical fashion market segments and geographies, ethical fashion market trends, ethical fashion market drivers and ethical fashion market restraints, ethical fashion market’s leading competitors’ revenues, profiles and market shares. The ethical fashion market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More
Read Ethical Fashion Global Market Report 2020 from The Business Research Company for information on the following:
Markets Covered: Global Ethical Fashion Market
Data Segmentations: Ethical Fashion Market Size, Global And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Ethical Fashion Market Organizations Covered: Christian Dior SE, H&M AB, NIKE Inc, Adidas AG, Pact, Tentree, Everlane, Eileen Fisher
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa
Time Series: Five years historic (2015-19) and forecast (2019-23)
Other Information And Analyses: PESTEL analysis, ethical fashion market customer information, ethical fashion market product/service analysis – product examples, ethical fashion market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global ethical fashion market in 2020 – countries offering most new opportunities
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Ethical Fashion Industry: The report explains a number of strategies for companies in the ethical fashion market, based on industry trends and company analysis.
Opportunities For Companies In The Ethical Fashion Sector: The report reveals where the global ethical fashion industry will put on most $ sales up to 2023.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Ethical Fashion Global Market Report 2020:
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Source: EIN Presswire