The estimated value of the global sustainable clothing market in 2023 was USD 3.9 billion, and over the course of the forecast period, 2024–2032, it is expected to grow at a healthy growth rate of over 14.20%. Clothing and accessories that are produced and used in an environmentally and financially sustainable manner are referred to as sustainable clothing.
This entails taking into account a piece of clothing's complete lifecycle, from the procurement of raw materials through production, shipping, and usage, to eventual disposal. The emergence of circular fashion models is the main trend in the sustainable clothing market. In order to reduce waste and promote sustainability, brands are increasingly creating products that can be recycled, repurposed, or reused at the end of their lifecycle. This trend is expected to support market growth globally.
Furthermore, raising public awareness of environmental issues is essential to the expansion of the worldwide market for sustainable apparel. There is an increasing demand for apparel that causes the least amount of environmental damage as consumers become more aware of the negative effects traditional fashion production has on the environment.
This demand is satisfied by sustainable clothing, which provides eco-friendly substitutes and is manufactured from organic or recycled materials using eco-friendly production techniques. Furthermore, developments in textile technology have given rise to eco-friendly materials like Tencel, recycled polyester, and organic cotton.
The demand for sustainable apparel is being driven by these materials, which perform similarly to traditional fabrics but with less of an impact on the environment. Nonetheless, during the projected period of 2024–2032, it is anticipated that the high costs of products and the absence of infrastructure would impede the growth of the global sustainable clothing market.