Global Ethical Fashion Market

The fast-fashion market consists of sales of clothing and apparel in trend and related services. Fast fashion means garments that move quickly from the catwalk to the stores to meet the new trends. Fast fashion clothing collections are supported by the foremost recent fashion trends presented at Fashion Week. The main types of fast-fashion are pants, coat, skirt and others. Skirt is defined as the garment worn by women and girls that are secured around the waist and hang down around the legs. It is available in different gender such as women's wear, men's wear and various age including adult’s wear, teens wear, kids wear and others. The global fast fashion market size is expected to grow from $91.23 billion in 2021 to $99.23 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The fast-fashion market is expected to grow to $133.43 billion in 2026 at a CAGR of 7.7%. Increasing adoption of affordable clothes by the rising youth population drove the fast fashion market. According to the United Nations estimates of the world’s youth population, in 2019 the youth population totaled 1.2 billion and it's projected to grow by 7.9 percent to 1.3 million by 2030. Youth population is attracted to unique, trendy and affordable clothes. The apparel manufacturing companies are therefore focusing on bringing fashion clothes from the most recent fashion trends presented in fashion week. The growing preference for affordable fast fashion clothes by increasing youth population boosted the fast fashion market. Worker's low living wages and poor working conditions hamper the growth of fast fashion. In fashion industry, the workers, women especially (women represent nearly 80% of the world’s garment workers), are paid very less. Women also face workplace abuses. According to the Global Labor Justice report, female garment workers in top companies of fast fashion in Asia face exploitation and mistreatment which includes poor conditions of work, low salaries, and overtime which leads to a lack of efficiency. By this, most people will not prefer the fashion industry to work. Therefore, low wages and terrible working conditions are affecting the growth of the fast fashion market. Virtual and augmented reality is being used by online and offline retailers in the fast fashion market. The use of virtual or augmented reality in the fast fashion market is to fill the gap between online and offline channels. These technologies enable the customer to try the product and see how it looks when they try the clothes or make-up on them by using virtual reality mirrors or cameras in their smartphones. For instance, applications such as DressingRoom are using augmented reality technology to enable shoppers to try outfits on an avatar. Virtual and augmented reality enhances in-store experience and this is driving the market for fast fashion. Major players in the fast fashion market are Zara (Inditex), H&M Group, Fast Retailing (Uniqlo), Gap, Forever 21, Mango, Esprit, Primark, New Look, and River Island. Western Europe was the largest region in the fast fashion market in 2021. Asia Pacific was the second largest region in the fast fashion market. The regions covered in the fast-fashion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fast fashion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global fast fashion market is segmented - 1) By Gender: Women's Wear, Men's Wear 2) By Age: Adults Wear, Teens Wear, Kids Wear, Others 3) By Type: Pants, Coat, Skirt, Others

The textile and fabric finishing and fabric coatings market consists of sales of textile and fabric finishings and fabric coatings by entities (organizations, sole traders and partnerships) that operate mills that produce textile and fabric finishings or fabric coatings. The main types of textiles and fabric finishing and fabric coatings are textile and fabric finishing mills and fabric coating mills. Textile and fabric finishing mills include businesses that specialize in the finishing of textiles, fabrics, and garments, as well as businesses that buy fabric goods in the grey, have them finished on contract, and resell at wholesale. Bleaching, dyeing, printing (e.g., roller, screen, flock, plisse), stonewashing, and other mechanical finishing, such as preshrinking, shrinking, sponging, calendaring, mercerizing, and napping, and cleaning, scouring, and the preparation of natural fibers and raw stock are all examples of finishing operations. Traditional and advanced technologies are used by transportation, building and construction, protective clothing, industrial, medical, sports, agriculture and packaging industries. The global textile and fabric finishing and fabric coating mills market size is expected to grow from $54.48 billion in 2021 to $59.51 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The textile, fabric finishing, fabric coatings market is expected to grow to $81.49 billion in 2026 at a CAGR of 8.2%. Increasing demand for online shopping is expected to drive the textile and fabric finishing and fabric coated products and thus benefiting the market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the textile and fabric finishing and fabric coating mills market. In countries such as India, for instance, e-commerce portals have boosted the sales of these products by giving larger exposure to producers who were confined to one geography. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the textile and fabric finishing and fabric coating mills market in 2021 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the textile and fabric finishing and fabric coating mills market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. With concerns over the high consumption of water, air pollution, and waste generation, the textile industry is steering towards more environmentally sustainable methods of fabric coating. Manufacturers are figuring out more water efficient ways to dye the fabrics, which is the most water consuming stage of the fabric manufacturing process. Technologies such as aerated dyeing involves placing fabric in a super fluidic CO2 pressurized chamber with dye which reduces water and chemicals usage. This process saves up to 50% of energy and dye consumption, time, and more than 1000 liters of water per day. The process also saves costs by 40-60% per day for the coating companies. Arvind ltd., an Indian textile company manufacturing cotton garments, is collaborating with DyeCoo, a Dutch tech company, to exercise the concept of CO2 dyeing as an environment-friendly option. Major companies in the textile and fabric finishing and fabric coating mills market include Daiwabo Holdings Co Ltd, Grasim Industries Limited, Leggett & Platt Incorporated, Sioen Industries NV, Swift Galey, Carlisle Finishing, Magnolia Finishing, Single Source Apparel, and Guilford Inc. Asia Pacific was the largest region in the textile and fabric finishing and fabric coating mills market in 2021. North America was the second largest region in the textile and fabric finishing and fabric coating mills market. The regions covered in the textile and fabric finishing and fabric coating mill market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the textile and fabric finishing and fabric coating mills market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global textile and fabric finishing and fabric coating mills market is segmented - 1) By Type: Textile and Fabric Finishing Mills, Fabric Coating Mills 2) By Technology: Traditional, Advanced 3) By End-Use Industry: Transportation, Building and Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging

The cotton ginning machinery market consists of sales of cotton ginning machinery by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing cotton ginning machinery through different ginning technologies. Only goods and services traded between entities or sold to end consumers are included. The main types of cotton ginning machinery are roller cotton gin and saw cotton gin. The roller cotton gins refer to the machinery that is used for ginning cotton and are mostly used by the small factories. The various feeding includes automatic feeding and manual feeding. These are used in saw gin, double roller gin, and rotary knife gin. The global cotton ginning machinery market size is expected to grow from $2.89 billion in 2021 to $3.03 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The global cotton ginning market size is expected to grow to $4.35 billion in 2026 at a CAGR of 9.4%. Growing demand for cotton and related products is expected to drive the cotton ginning market. Cotton is the oldest and most widely used fabric for making apparel as it is the most comfortable fabric to use, especially in tropical regions where the climate is humid. It is also used to make other industrial fabrics. In July 2020, Cotton Corporation of India, an Indian state-owned company, has sold about 700,000 bales of cotton the highest single-day sale in five years. Cotton is sold only after ginning which is separate fiber from the seed done using the cotton ginning machine. Thus, the rise in demand for cotton aids in the growth of the cotton ginning market. Uncertain economic conditions are anticipated to affect the cotton ginning market. Changing economic conditions due to the trade wars and economic slowdowns affect the price of cotton. When the price of cotton lowers, the production of cotton also decreases. For instance, according to August 2020, the cotton and wool outlook by the U.S. Department of Agriculture (USDA), the estimations for global cotton production in 2020-21 is predicted at 117.5 million bales, about 4.5% below 2019-20. Due to the decrease in the price of cotton, farmers may not opt to produce the crop due to the fear of losses as the area of production drops, output declines, which also reduces the usage of cotton ginning machines for separating and thereby acts as a hindrance to the market. The use of DNA traceability systems in cotton gins is a major trend shaping the market. For assuring the origin of the cotton fiber, the DNA traceability system uses DNA tagging which will allow the retailers and customers to verify the presence of cotton in the finished products. In 2019, to ensure product authenticity and provenance, Egypt has employed Applied DNA’s molecular tagging technology in its two varieties of cotton. Applied DNA Sciences (ADNAS) is set to supply its SigNature T tagging technology for the 2019-20 cotton ginning season which begins in October. Under this, the Company’s SigNature T technology, paired with its genotyping and digital systems, will be utilized to tag, test, and track the Pima variety of cotton – sold by the brand PimaCott – over the coming months in San Joaquin Valley, California. The use of DNA traceability will allow consumers to make more confident purchase decisions and promote the use of cotton. Major players in the cotton ginning machinery market are Bajaj Group, Lummus Corporation, Handan Goldenlion Cotton Machinery, Jadhao Gears PVT LTD, Shandong Swan Cotton Industrial Machinery Stock Co. Ltd, Shandong XinTianShan Cotton Machinery, Bhagwati Engineering Works, Balkan Textile and Cotton Gin Machinery Co. Inc, Nipha Group, and Karunanand Hydropneumatic Controls Pvt Ltd. Asia Pacific was the largest region in the cotton ginning machinery market in 2021. North America was the second largest region in the global cotton gin market. The regions covered in the global cotton ginning machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cotton ginning machinery market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global cotton ginning machinery market is segmented - 1) By Type: Roller Cotton Gin, Saw Cotton Gin 2) By Feeding: Automatic Feeding, Manual Feeding 3) By Application: Saw Gin, Double Roller Gin, Rotary Knife Gin

Yarn, Fiber And Thread Manufacturing Market Characteristics

Knitted Fabrics Market Definition

The fashion e-commerce market consists of sales of fashion goods and their related services through online channels. Fashion goods include fashion accessories, clothes, shoes, bags, jewelry, cosmetics, and other luxury goods. The fashion e-commerce market comprises revenue generated by the establishments using several online platforms and tools for trading fashion products. The main products of fashion e-commerce are apparel/clothing, accessories, footwear, cosmetics, and other products. Accessories refer to items of equipment that are not usually essential, but which are used with or added to something else to make it more efficient, useful, or decorative. The different model types are business to business (B2B), and business to consumer (B2C). The various end-users involved are men, women, and children. The global fashion e-commerce market size is expected to grow from $668.1 billion in 2021 to $744.4 billion in 2022 at a compound annual growth rate (CAGR) of 11.4%. The global fashion ecommerce market size is expected to grow to $1,102.96 billion in 2026 at a CAGR of 10.3%. The increasing use of the internet and smartphones is expected to contribute to the expansion of the fashion e-commerce industry. According to the Digital 2019 Global Overview Report, the total number of phone users including smart and feature phones reached 4.78 billion, which was 61.51% of the world’s population in 2019. There were 3.5 billion smartphone users in 2019. This has also led to an increase in the number of online shoppers. This scenario is anticipated to boost the demand for fashion and other e-commerce markets, generating higher revenue for the online fashion industry over the coming years. Rules concerning website content and the safety of consumer information are predicted to limit the growth of the market. The rules and regulations for companies about the content of the website make it difficult for players to manage their business. A major concern is to mandate the use of local languages on their website, as in countries with more than one local official language, it results in a higher cost for the companies dealing with online retailing. This scenario is projected to act as a restraint for the fashion e-commerce market. Weakening brand trust and loyalty, and high return rates are other major concerns for the growth of the fashion e-commerce market. The decline in brand loyalty can be due to several factors including product quality, a lack of selection options, or better prices elsewhere. This, in turn, is a reason for the high return rates. Technological innovations are a leading trend in the fashion e-commerce industry. The companies dealing in the market are adopting new technologies such as artificial intelligence (AI), barcode scanners, virtual reality outfits, and e-commerce automation tools that offer highly personalized and relevant consumer experiences. Moreover, many fashion companies are launching new apps to sell their products online in order to reach a large consumer base. For instance, in June 2019, Amazon launched an AI-powered tool named StyleSnap, which uses machine learning to find similar styles and clothes. StyleSnap is an app wherein people can take a picture, upload, and search for similar clothes available on Amazon.com. In 2019, Aditya Birla Fashion and Retail Limited acquires Jaypore for a sum of Rs110 crore. The acquisition was aimed to help Aditya Birla to enter into the market of online e-commerce business of ethnic wear. Jaypore is an operator of an online retail platform based in New Delhi, India, and San Francisco and sells home decor, accessories, jewelry online. Major players in the fashion e-commerce market are Amazon, Flipkart, Alibaba, Snapdeal, eBay, Myntra, ShoClues, AliExpress, HomeShop18, and Jabong. Asia Pacific was the largest region in the fashion e-commerce market in 2021. Western Europe was the second largest region in the global fashion ecommerce market. The regions covered in the global fashion e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the fashion e-commerce market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global fashion e-commerce market is segmented - 1) By Product : Apparel/Clothing, Accessories, Footwear, Cosmetics, Others 2) By End-User: Men, Women, Children 3) By Model Type: Business-to-Business (B2B), Business-to-Consumer (B2C)

The clothing and clothing accessories stores market consists of sales of clothing and clothing accessories by entities (organizations, sole traders, and partnerships) that sell clothing and clothing accessories to ultimate users from fixed locations. The clothing and clothing accessories stores market includes establishments that are engaged in the sales of clothing for men, women, and children, hats and caps, jewelry, wig and hairpiece, neckwear, footwear, and other similar products. The major types of clothing and clothing accessories are clothing/apparel stores, jewelry and watch stores, optical goods stores, and footwear stores. The clothing/apparel stores refer to the shops that sell dresses, clothes, and apparel like shoes and other costume-related items. The ownership types are retail chain and the independent retailer selling through exclusive showroom and dealer store. The global clothing and clothing accessories stores market size is expected to grow from $1,090.04 billion in 2021 to $1,212.34 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The global clothing and clothing accessory stores market size is expected to grow to $1,732.61 billion in 2026 at a CAGR of 9.3%. Many clothing and clothing accessories stores are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty, data has become critical for most retail operations. For instance, the global retail analytics market raised to $5.1 billion in 2020. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for building material and garden equipment and supplies dealers to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the clothing and clothing accessories stores market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the clothing and clothing accessories stores market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at cutting costs and time involved in store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity, and increases the overall customer experience. Retailers are also focusing on using self-checkout stands for customers. Some of the major clothing retailers such as Zara and Lifestyle are using self-checkout systems. In 2019, Lifestyle introduced self-Checkout Kiosks in a few key stores and also added features like mobile POS, fitting room assistance, etc. to augment its in-store experience. Major companies in the clothing and clothing accessories stores market include TJX Companies Inc, LVMH Moet Hennessy Louis Vuitton SE, Industria De Diseno Textil SA, Hennes & Mauritz AB, Rajesh Exports, Fast Retailing Co. Ltd, Inditex, The Gap Inc., Associated British Foods plc, and L Brands Inc. Western Europe was the largest region in the clothing and clothing accessories stores market in 2021. North America was the second-largest region in the global clothing and clothing accessories stores market. The regions covered in the global clothing stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the clothing and clothing accessories stores market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global clothing and clothing accessories stores market is segmented - 1) By Type: Clothing/Apparel Stores, Jewelry and Watch Stores, Optical Goods Stores, Footwear Stores 2) By End-User: Men, Women, Kids or Infants 3) By Ownership: Retail Chain, Independent Retailer 4) By Type of Store: Exclusive Showroom, Dealer Store

The e-commerce and other non-store retailers’ market consists of sales of goods and services by entities (organizations, sole traders, and partnerships) that are engaged in selling nonfood items by e-commerce and other non-store retailers. The establishments in this market retail goods by delivery after making sales over the internet and by mail-order or door-to-door solicitation and in-home demonstration, from vending machines and through portable stalls. Entities such as home heating oil dealers and newspaper delivery service providers that sell their products non-store are included in this subsector, as are street vendors (except food). The various types of e-commerce and other non-store retailers are e-commerce, vending machine operators, and direct selling establishments. Vending machines operators fill, maintain, and collect money from machines that distribute drinks and snacks. The product types sold in e-commerce and other non-store retailers markets are food, clothing, healthcare, electronics, and others through payments made in card payments, bank transfers, digital wallets, cash payments, and other payment modes. The global ecommerce & other non-store retailers market size is expected to grow from $3,127.07 billion in 2021 to $3,591.48 billion in 2022 at a compound annual growth rate (CAGR) of 14.9%. The global ecommerce and other non-store retailers market size is expected to grow to $5,994.7 billion in 2026 at a CAGR of 13.7%. Retail companies are increasingly working towards providing customers with a seamless shopping experience, thus are working towards integrating their brick and mortar store with online shopping. Omnichannel retailing integrate the different methods of shopping available to consumers such as phone, online, or in a physical shop. Retailers adopting this strategy offers customers numerous ways to purchase their products, through both online and offline channels. Thus, it is more flexible and convenient for consumers to purchase goods or services, and helps to boost sales. For example, Oasis, a UK-based fashion retailer, cumulates its e-commerce site, mobile app, and brick-and-mortar stores to provide an easier and better shopping experience. Associates working in the Oasis are provided iPads to give shoppers on-the-spot information on product availability. If an item is not in stock, the staff uses their iPads to place an online order for the customer. A similar service is provided to online shoppers. If an item is unavailable online, customers can use the company’s service wherein the retailer searches its stores for the product and ships it to the shopper. Vending machine operators are integrating gamification techniques with their vending machines to enhance the customer experience. Gamification is the process of incorporating game-playing elements to motivate people to engage with a product/service. Due to its interactive nature between the customer and the product through the vending machine, it results in a better customer experience and overall return rate. For instance, some of the e-commerce companies using gamification in shopping include eBay with bidding and feedback system, Nike with its winter’s angry campaign, BestBuy’s Cityville Presence, and Zappos following gamified culture and customer service. Nescafe set up a Nescafé Smoovlatté vending machine in Malaysia which invited people to pose, sing or dance in order to get a free bottle of the drink. The Amstel Pause vending machine in Bulgaria invited people to do nothing for 3 minutes to get a free can of beer, thus indicating the increase in gamification techniques in vending machines. Major companies in the e-commerce & other non-store retailers market include Amazon.com Inc, JD.com Inc, Alibaba Group Holding Limited, Walmart Inc., Suning.com Group, Vipshop Holdings Ltd, Wayfair Inc., Qurate Retail Inc., Otto GmbH & Co KG, and eBay Inc. North America was the largest region in the e-commerce & other non-store retailers market in 2021. Asia Pacific was the second-largest region in the global e-commerce and other non-store retailers market. The regions covered in the global ecommerce & other non-store retailer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the e-commerce & other non-store retailers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global ecommerce & other non-store retailers market is segmented - 1) By Type: E-Commerce, Vending Machine Operators, Direct Selling Establishments 2) By Product: Food, Clothing, Healthcare, Electronics, Others 3) By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Others