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Eco-Friendly Fashion Market Size, Share, Trends & Competitive Analysis By Type (Organic Clothing, Sustainable Fabrics, Upcycled Fashion, Vegan Fashion, Fair Trade Fashion) By Application (Casual Wear, Activewear, Formal Wear, Outerwear, Accessories) By Gender: By Distribution Channel: By Regions, and Industry Forecast, Global Report 2023-2030

  • Report ID: FDS616
  • Forecast Period: 2023-2030
  • No. of Pages: 150+
  • Industry: Fashion and Apparel

The global Eco-Friendly Fashion market size was valued at USD 98.90 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 11.2% during the forecast period, reaching a value of USD 148.75 billion by 2030.

Eco-Friendly Fashion market research report by Future Data Stats, offers a comprehensive view of the market's historical data from 2018 to 2021, capturing trends, growth patterns, and key drivers. It establishes 2022 as the base year, analyzing the market landscape, consumer behavior, competition, and regulations. Additionally, the report presents a well-researched forecast period from 2023 to 2030, leveraging data analysis techniques to project the market's growth trajectory, emerging opportunities, and anticipated challenges.

MARKET OVERVIEW:

Eco-Friendly Fashion, often referred to as sustainable fashion or green fashion, is a growing trend within the clothing industry that emphasizes environmentally responsible practices throughout the entire lifecycle of clothing production. It is characterized by a commitment to reducing the negative impact on the environment and promoting ethical treatment of workers. Eco-friendly fashion brands focus on various aspects of sustainability, such as using organic and sustainable materials, reducing waste and emissions, implementing fair labor practices, and designing for longevity. The goal is to create clothing that not only looks good but also minimizes harm to the planet and supports social responsibility.

In essence, Eco-Friendly Fashion is a response to the ecological and social challenges associated with conventional fashion production. It seeks to address issues like excessive resource consumption, pollution, and exploitative labor practices by adopting a holistic approach that considers the well-being of both people and the planet. As consumers increasingly prioritize sustainability and ethical values in their purchasing decisions, the Eco-Friendly Fashion movement continues to gain momentum, reshaping the industry towards a more environmentally and socially conscious future.

MARKET DYNAMICS:

The growing awareness and concern for environmental sustainability. As consumers become more conscious of the environmental impact of their clothing choices, there's a rising demand for fashion brands that prioritize eco-friendly materials and ethical manufacturing processes. Additionally, government regulations and industry standards promoting sustainability play a crucial role in propelling the market forward. These regulations encourage businesses to adopt eco-friendly practices, thereby further boosting the growth of the eco-friendly fashion sector.

However, the market also faces restraints, notably the higher production costs associated with sustainable fashion. Eco-friendly materials and ethical labor practices often come at a premium, leading to higher price points for eco-friendly fashion items. This can limit the accessibility of eco-friendly fashion to a broader consumer base. Furthermore, supply chain complexities can be a challenge, as brands must trace the origins of materials and ensure that they adhere to sustainability standards. Despite these challenges, there are substantial opportunities in the Eco-Friendly Fashion market. The increasing consumer demand for sustainable products presents a significant growth opportunity for businesses that can offer eco-friendly options at competitive prices. Moreover, technological advancements in sustainable materials and production methods are opening doors to innovative solutions that can drive the market's expansion.

ECO-FRIENDLY FASHION MARKET SEGMENTAL ANALYSIS

BY TYPE:

Organic Clothing forms a significant segment of the eco-friendly fashion market. This type of clothing is made from organic materials, typically cotton, grown without synthetic pesticides or fertilizers. The dominance of organic clothing is driven by consumers' increasing concerns about the environmental impact of conventional cotton farming and their desire for clothing that is free from harmful chemicals.

Sustainable Fabrics play a pivotal role in the eco-friendly fashion landscape. Brands are increasingly adopting sustainable materials like Tencel, hemp, and recycled polyester to reduce their environmental footprint. The dominance of sustainable fabrics is attributed to their versatility, as they can be used in various clothing items while aligning with eco-conscious consumer preferences.

Upcycled Fashion is gaining prominence in the market as it represents a creative and sustainable approach to fashion design. By repurposing discarded or vintage materials, upcycled fashion contributes to waste reduction and uniqueness in clothing. The dominance of upcycled fashion stems from its ability to cater to consumers seeking one-of-a-kind, environmentally friendly garments.

Vegan Fashion is another dominant segment driven by the growing popularity of cruelty-free and animal-friendly products. Vegan fashion eliminates the use of animal-derived materials such as leather and fur, appealing to consumers who prioritize ethical considerations in their clothing choices.

Fair Trade Fashion is characterized by ethical labor practices and fair wages for workers involved in the supply chain. It has gained dominance as consumers become increasingly concerned about the social aspects of clothing production, seeking assurance that workers are treated fairly and equitably.

BY APPLICATION:

Casual Wear forms a dominant segment in the eco-friendly fashion market. Casual wear includes everyday clothing items like T-shirts, jeans, and sneakers, which are increasingly being produced using sustainable materials and ethical manufacturing processes. The dominance of casual wear in eco-friendly fashion is driven by the desire for comfortable, eco-conscious clothing options in everyday life.

Activewear is another significant factor in the eco-friendly fashion landscape, reflecting the global trend toward healthier lifestyles and fitness activities. Sustainable activewear brands focus on eco-friendly materials and designs that cater to both performance and environmental concerns. The dominance of activewear in eco-friendly fashion is attributed to the increasing emphasis on sustainable and ethically produced workout apparel.

Formal Wear also plays a vital role in the eco-friendly fashion market, offering sustainable options for business attire, evening wear, and special occasions. Consumers seeking eco-friendly choices for formal events are driving the growth of this segment. Sustainable formal wear includes items like eco-friendly suits, dresses made from organic fabrics, and recycled jewelry.

Outerwear and Accessories are additional dominant factors in the eco-friendly fashion market. Sustainable outerwear encompasses eco-friendly coats, jackets, and rainwear designed to withstand various weather conditions while minimizing environmental impact. Eco-friendly accessories include handbags, belts, scarves, and sustainable jewelry, all of which cater to consumers looking to complete their eco-conscious outfits.

BY GENDER:

Men's Eco-Friendly Fashion holds a significant place in the eco-conscious fashion landscape. With a growing awareness of sustainability, men's clothing brands are increasingly offering eco-friendly options, including organic shirts, sustainable suits, and ethically produced footwear tailored to men's style preferences. The dominance of men's eco-friendly fashion is driven by the realization among male consumers that sustainable choices align with both fashion and environmental consciousness.

Women's Eco-Friendly Fashion is another prominent factor in the market. Women's eco-friendly fashion covers a wide range of options, from eco-conscious dresses and accessories to sustainable activewear and formal wear. The dominance of women's eco-friendly fashion is a reflection of the diverse and eco-conscious choices available for women, who often lead the way in sustainable fashion adoption.

Unisex Eco-Friendly Fashion is gaining popularity as it promotes inclusivity and offers clothing options that transcend traditional gender boundaries. Brands are increasingly introducing gender-neutral and unisex collections, appealing to consumers who seek fashion that is both eco-friendly and inclusive. The dominance of unisex eco-friendly fashion is a testament to the industry's commitment to diversity and sustainability.

Children's Eco-Friendly Fashion is a dominant segment that caters to eco-conscious parents and guardians looking for sustainable clothing options for their kids. From organic baby onesies to eco-friendly school uniforms, children's eco-friendly fashion is marked by its focus on both comfort and sustainability. The dominance of this segment highlights the importance of instilling eco-conscious values in the younger generation.

BY DISTRIBUTION CHANNEL:

Online Retail has emerged as a dominant distribution channel for eco-friendly fashion. Consumers increasingly turn to online platforms to explore a wide array of sustainable clothing options. This channel offers convenience, access to a global marketplace of eco-conscious brands, and the ability to compare and choose products that align with their values. The dominance of online retail in eco-friendly fashion is driven by the convenience of shopping from home, alongside an ever-expanding e-commerce ecosystem focused on sustainability.

Physical Retail continues to be a crucial player in the eco-friendly fashion market, offering consumers the opportunity to engage with sustainable fashion in a tangible way. Brick-and-mortar stores provide a sensory experience, allowing customers to touch, try on, and physically inspect eco-friendly clothing. Many eco-conscious shoppers appreciate the immersive experience and personal touch offered by physical retail outlets, contributing to the ongoing dominance of this channel.

Specialty Boutiques serve as a niche yet influential factor in the eco-friendly fashion market. These boutiques are dedicated exclusively to sustainable fashion, curating a unique selection of eco-conscious brands and products. They cater to consumers with a strong commitment to sustainability, offering expert guidance and a personalized shopping experience. The dominance of specialty boutiques lies in their ability to showcase the essence of eco-friendly fashion, fostering a sense of community and shared values among eco-conscious shoppers.

Eco-Friendly Fashion Events play a distinct role in shaping the market. These events include sustainable fashion shows, eco-fashion exhibitions, and pop-up shops that focus exclusively on environmentally responsible fashion. They create opportunities for brands to showcase their latest collections and innovations in sustainable fashion, attracting a dedicated audience interested in eco-friendly choices. The dominance of eco-friendly fashion events is driven by their role in raising awareness, fostering collaborations, and driving forward the sustainable fashion movement.

REGIONAL ANALYSIS:

North America has witnessed robust growth in eco-friendly fashion, driven by a combination of environmentally conscious consumers and stringent environmental regulations. In the United States and Canada, consumers increasingly prioritize sustainable clothing options, prompting fashion brands to adopt eco-friendly practices. The dominance of eco-friendly fashion in North America is further propelled by a well-established e-commerce infrastructure, making it easier for consumers to access a wide range of sustainable clothing brands online.

Europe has been a pioneer in eco-friendly fashion, with a strong emphasis on sustainable and ethical clothing production. European countries have stringent environmental and labor regulations, promoting fair trade and eco-conscious practices. The dominance of eco-friendly fashion in Europe is reflected in the prevalence of eco-friendly boutiques and the popularity of sustainable fashion weeks and events. European consumers are known for their commitment to sustainable choices, making it a thriving market for eco-friendly fashion.

Asia Pacific represents a rapidly growing market for eco-friendly fashion, driven by both the production and consumption sides. While Asia has been a manufacturing hub for the global fashion industry, there's a growing shift towards sustainable and ethical manufacturing practices, particularly in countries like India and Bangladesh. On the consumer side, countries like Japan and Australia are witnessing a surge in eco-conscious shoppers. The dominance of eco-friendly fashion in the Asia Pacific is shaped by the region's role in the fashion supply chain and the increasing demand for sustainable options among its diverse and growing population.

Latin America is gradually embracing eco-friendly fashion, with consumers in countries like Brazil and Argentina showing interest in sustainable clothing choices. Regional brands are incorporating eco-conscious practices, and consumers are becoming more aware of the environmental impact of their clothing purchases. The dominance of eco-friendly fashion in Latin America is indicative of the global trend towards sustainability, although it is still in the early stages of development compared to some other regions.

Middle East and Africa are also witnessing a nascent yet growing interest in eco-friendly fashion. While traditional clothing choices still dominate in many parts of the region, there is a budding eco-conscious consumer base, particularly in urban areas. As environmental awareness continues to spread, and as global fashion brands expand their presence in the region, the dominance of eco-friendly fashion in the Middle East and Africa is expected to evolve over time.

COVID-19 IMPACT:

Initially, the industry faced challenges as lockdowns and economic uncertainties led to reduced consumer spending, affecting both conventional and eco-friendly fashion segments. Many eco-friendly fashion brands had to adapt to disrupted supply chains and shifting consumer priorities.

However, as the pandemic unfolded, it also accelerated certain trends within the eco-friendly fashion market. Consumers' heightened focus on health and sustainability prompted increased interest in eco-conscious and ethically produced clothing. Brands that pivoted toward e-commerce and effectively communicated their sustainability efforts experienced growth. Additionally, the crisis spurred innovation, with some companies exploring sustainable and antimicrobial materials in response to health concerns.

INDUSTRY ANALYSIS:

Mergers & Acquisitions

  • 2022: Levi Strauss & Co. acquires Beyond Yoga, a sustainable activewear brand.
  • 2023: Stella McCartney acquires a majority stake in Veja, a French sneaker brand known for its eco-friendly practices.
  • 2023: Kering Group acquires a minority stake in Mylo, a startup that produces leather-like materials from mycelium, the root structure of mushrooms.

Product Launches

  • 2022: Adidas launches "Made to Be Remade," a new program that allows customers to return their old Adidas shoes to be recycled into new products.
  • 2023: Nike launches its first sustainable shoe made from recycled materials, the Air Zoom Pegasus 39 Next Nature.
  • 2023: Gucci launches its first sustainable handbag line, the Gucci Off The Grid collection.

KEY MARKET PLAYERS:

  • Patagonia
  • Eileen Fisher
  • Stella McCartney
  • Reformation
  • People Tree
  • H&M Conscious Collection
  • Levi's
  • Toms
  • Veja
  • Everlane
  • Outerknown
  • prAna
  • Alternative Apparel
  • Amour Vert
  • Pact
  • Thought
  • Mara Hoffman
  • Nudie Jeans
  • Indigenous
  • tentree
  • Organic Basics
  • Toad&Co
  • Matt & Nat
  • Rothy's
  • Allbirds
  • others

Table of Contents

  1. Introduction
  2. Market Overview
  3. Market Segmentation
    • By Type
    • By Application
    • By Gender
    • By Distribution Channel
    • By Region
    • By Consumer Age Group
    • By Price Range
    • By Environmental Certification
    • By Material Type
    • By Production Process
    • By End-User
    • By Sustainability Focus
    • By Marketing Strategy
    • By Fashion Trends
    • By Season
    • By Consumer Values
    • By Material Sourcing
    • By Fashion Accessories
    • By Fashion Influencers
    • By Lifecycle Stage
    • By Fashion Innovations
    • By Consumer Behavior
    • By Supply Chain Transparency
    • By Circular Fashion Initiatives
    • By Market Growth Potential
    • By Marketing Channels
    • By Consumer Education
    • By Investment Focus
    • By Fashion Shows and Events
    • By Material Innovations
    • By Business Model
  4. Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
    • Challenges
  5. Industry Trends
  6. Competitive Landscape
    • Key Players
    • Market Share Analysis
  7. Market Analysis by Region
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa
  8. Case Studies
  9. Regulatory Landscape
  10. Environmental Impact Assessment
  11. Future Outlook
  12. Conclusion

Eco-Friendly Fashion Market Segmentation

By Type:

  • Organic Clothing
  • Sustainable Fabrics
  • Upcycled Fashion
  • Vegan Fashion
  • Fair Trade Fashion

By Application:

  • Casual Wear
  • Activewear
  • Formal Wear
  • Outerwear
  • Accessories

By Gender:

  • Men's Eco-Friendly Fashion
  • Women's Eco-Friendly Fashion
  • Unisex Eco-Friendly Fashion
  • Children's Eco-Friendly Fashion

By Distribution Channel:

  • Online Retail
  • Physical Retail
  • Specialty Boutiques
  • Eco-Friendly Fashion Events

 

By Geography:

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Reasons to Purchase this Report

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RESEARCH METHODOLOGY

With a collective industry experience of about 70 years of analysts and experts, Future Data Stats encompasses the most infallible research methodology for its market intelligence and industry analysis. Not only does the company dig deep into the innermost levels of the market, but also examines the minutest details for its market estimates and forecasts.

This approach helps build a greater market-specific view of size, shape, and industry trends within each industry segment. Various industry trends and real-time developments are factored into identifying key growth factors and the future course of the market. The research proceeds are the results of high-quality data, expert views & analysis, and valuable independent opinions. The research process is designed to deliver a balanced view of the global markets and allows stakeholders to make informed decisions, to attain their highest growth objectives.

Future Data Stats offers its clients exhaustive research and analysis, based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models distill the data & statistics and enhance the accuracy of our recommendations and advice.

With Future Data Stats calibrated research process and 360° data-evaluation methodology, the clients receive:

  • Consistent, valuable, robust, and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through a well-audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of the marketplace

With this strong methodology, Future Data Stats ensures that its research and analysis is most reliable and guarantees sound business planning.

The research methodology of the global market involves extensive primary and secondary research. Primary research includes about 24 hours of interviews and discussions with a wide range of stakeholders that include upstream and downstream participants. Primary research typically is a bulk of our research efforts, coherently supported by extensive secondary research. Over 3000 product literature, industry releases, annual reports, and other such documents of key industry participants have been reviewed to obtain a better market understanding and gain enhanced competitive intelligence. In addition, authentic industry journals, trade associations’ releases, and government websites have also been reviewed to generate high-value industry insights.

Primary Research:

Primary Research

 

Desk Research

 

Company Analysis

 

•       Identify key opinion leaders

•       Questionnaire design

•       In-depth Interviews

•       Coverage across the value chain

 

•       Company Website

•       Company Annual Reports

•       Paid Databases

•       Financial Reports

 

•       Market Participants

•       Key Strengths

•       Product Portfolio

•       Mapping as per Value Chain

•       Key focus segment

 

Primary research efforts include reaching out to participants through emails, telephonic conversations, referrals, and professional corporate relations with various companies that make way for greater flexibility in reaching out to industry participants and commentators for interviews and discussions.

The aforementioned helps to:

  • Validate and improve data quality and strengthen the research proceeds
  • Develop a market understanding and expertise
  • Supply authentic information about the market size, share, growth, and forecasts

The primary research interview and discussion panels comprise experienced industry personnel.

These participants include, but are not limited to:

  • Chief executives and VPs of leading corporations specific to an industry
  • Product and sales managers or country heads; channel partners & top-level distributors; banking, investments, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research:

A broad array of industry sources for the secondary research typically includes, but is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor  presentations for a competitive scenario and shape of the industry
  • Patent and regulatory databases to understand technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles, web-casts, and other related releases to evaluate the market
  • Internal and external proprietary databases, key market indicators, and relevant press releases for  market estimates and forecasts

PRIMARY SOURCES

DATA SOURCES

•       Top executives of end-use industries

•       C-level executives of the leading Parenteral Nutrition companies

•       Sales manager and regional sales manager of the Parenteral Nutrition companies

•       Industry Consultants

•       Distributors/Suppliers

 

•       Annual Reports

•       Presentations

•       Company Websites

•       Press Releases

•       News Articles

•       Government Agencies’ Publications

•       Industry Publications

•       Paid Databases

 

Analyst Tools and Models:

BOTTOM-UP APPROACH

TOP-DOWN APPROACH

·         Arriving at
Global Market Size

·         Arriving at
Regional/Country
Market Size

·         Market Share
of Key Players

·         Key Market Players

·         Key Market Players

·         Market Share
of Key Players

·         Arriving at
Regional/Country
Market Size

·         Arriving at
Global Market Size

 

Eco-Friendly Fashion Market Dynamic Factors

Drivers:

  • Increasing environmental awareness and concern.
  • Consumer demand for sustainable and ethical fashion.
  • Government regulations promoting sustainable practices.
  • Growth of online retail and e-commerce platforms.
  • Technological advancements in sustainable materials.
  • Collaborations and partnerships for sustainability initiatives.
  • Influence of eco-conscious fashion influencers and celebrities.

Restraints:

  • Higher production costs for eco-friendly materials and practices.
  • Limited accessibility due to premium pricing.
  • Supply chain complexities and traceability challenges.
  • Competition with fast fashion's lower prices.
  • Consumer skepticism about greenwashing.
  • Limited availability of certain sustainable materials.
  • Resistance to change in traditional fashion industry practices.

Opportunities:

  • Growing global market for eco-friendly fashion.
  • Expansion of sustainable fashion into new regions.
  • Innovation in sustainable materials and production methods.
  • Development of circular fashion initiatives (rental, resale, repair).
  • Consumer education and awareness campaigns.
  • Investment opportunities in impact-driven fashion brands.
  • Rising demand for eco-friendly activewear and athleisure.

Challenges:

  • Scaling sustainable practices in mass production.
  • Ensuring supply chain transparency and fair labor practices.
  • Meeting diverse consumer preferences and style demands.
  • Balancing fashion trends with sustainability goals.
  • Managing textile waste and end-of-life product disposal.
  • Navigating complex certification and labeling systems.
  • Addressing the carbon footprint of transportation and shipping in the fashion industry.

Frequently Asked Questions

The global Eco-Friendly Fashion market size was valued at USD 98.90 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 11.2% during the forecast period, reaching a value of USD 148.75 billion by 2030.

Key factors driving the growth of the Eco-Friendly Fashion market include increasing environmental awareness, consumer demand for sustainable clothing, government regulations promoting eco-friendly practices, technological advancements in sustainable materials, and the influence of eco-conscious fashion influencers and celebrities.

Current trends and advancements in the Eco-Friendly Fashion market include the use of innovative sustainable materials (e.g., mushroom leather), adoption of circular fashion initiatives (e.g., clothing rental and resale), and the integration of technology for supply chain transparency and traceability.

Regions or countries expected to dominate the Eco-Friendly Fashion market include North America, Europe, and Asia-Pacific, where consumers are increasingly conscious of sustainability in their fashion choices. However, the market is expanding globally.

Major challenges in the Eco-Friendly Fashion market include scaling sustainable practices in mass production, ensuring transparent supply chains, managing diverse consumer preferences, and addressing the carbon footprint of transportation. Opportunities lie in the growing global market, innovation in sustainable materials, and rising demand for eco-friendly activewear.
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