Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.99 Billion | USD 12.39 Billion | 8.42% | 2023 |
FrequentlyAsked Questions
Circular fashion is an evolving approach in the fashion industry that focuses on minimizing waste and reusing existing products.
The global circular fashion market is expected to grow due to the rising waste generated in the fast fashion industry.
According to study, the global circular fashion market size was worth around USD 5.99 billion in 2023 and is predicted to grow to around USD 12.39 billion by 2032.
The CAGR value of the circular fashion market is expected to be around 8.42% during 2024-2032.
The global circular fashion market will be led by North America during the projection period.
The global circular fashion market is led by players like Levi's, AG Jeans, Patagonia, Deadwood, H&M, Girlfriend Collective, TrusTrace, Eileen Fisher, Coach (Coachtopia line), MUD Jeans, Nudie Jeans, The North Face, Ecoalf, TeeMill, and Tentree.
The report explores crucial aspects of the circular fashion market, including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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