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The sustainable fashion industry is experiencing significant growth, driven by increasing consumer awareness and demand for ethical and environmentally responsible products. Brands are focusing on transparency, circularity, and innovative materials. Despite challenges like greenwashing and higher production costs, the market continues to expand as consumers prioritize values over purely price-driven decisions. Regulations and industry initiatives are also pushing for more sustainable practices across the supply chain.
Total Assets Under Management (AUM)
Sustainable Fashion Market Size in Germany
~Not explicitly stated in the provided context for Germany, but global estimates for sustainable fashion vary widely, often in the tens of billions USD.
(8-12% CAGR)
- Rising consumer awareness of environmental and social impact.
- Increased corporate sustainability initiatives.
- Growth in online sales channels for ethical brands.
300 billion USD