Global Fashion Industry Statistics 2024 – – After the market recovered in 2021 from the effects of the coronavirus (COVID-19) pandemic, high inflation in 2022 posed more difficulties for the global apparel industry. The cost of production . As many as 40% of clothes made each year – 60bn garments – are not sold. Experts say tackling such obscene waste will require radical changes in production – and legislation .
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Global Fashion Industry Statistics 2024 – Global Clothing Market 2024 2030 Share & Upcoming Trend: While traditional clothing remains an integral part of the Japanese culture, the industry has been adapting casual wear to high-end luxury fashion. Whereas global fashion shows are major . Investopedia / Laura Porter Fast fashion describes According to statistics from the United Nations Environment Programme and the Ellen MacArthur Foundation: The industry uses 93 billion .
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