Sustainable Fashion Market Size

Global Sustainable Fashion Market size was valued at USD 7.9 billion in 2023 and is poised to grow from USD 9.65 billion in 2024 to USD 47.65 billion by 2032, growing at a CAGR of 22.1% during the forecast period (2025-2032). 

Growing awareness regarding sustainability, advancements in textile technologies, rise of ethical consumerism, and imposition of stringent regulations on textile companies are helping promote the sales of sustainable fashion products.

Rising global concern about climate change, pollution, and the environmental impact of fast fashion is pushing consumers toward sustainable fashion. Governments worldwide are implementing stricter regulations on textile production, waste disposal, and carbon emissions, supporting the sustainable fashion sector. Launch of innovative new sustainable textile technologies and rise of ethical consumerism are also favoring the global sustainable fashion market growth. Investors and fashion brands are increasingly backing sustainability as a core strategy to amplify their reach and stand out from the competition.

On the contrary, high costs of sustainable materials, greenwashing by brands, misinformation regarding sustainable fashion, and supply chain complexity are anticipated to impede the global sustainable fashion market penetration across the study period.

How Can Technology Power the Sustainable Fashion Revolution?

Technology is revolutionizing transparency in the fashion supply chain. Blockchain, QR codes, and AI-powered platforms are helping brands provide end-to-end visibility—from raw materials to finished products. Consumers can now scan labels to verify ethical sourcing, labor practices, and carbon footprints. This level of traceability builds trust and combats the issue of greenwashing. Brands like Everlane and Stella McCartney lead in showcasing transparent operations. Regulatory pressure and consumer demand for authenticity further accelerate adoption of digital technologies. As digital tools improve supply chain data collection and verification, traceability is not just a feature but a competitive advantage, shaping the next phase of sustainable fashion innovation.