Value of circular fashion business models worldwide 2030, by category

Published by
P. Smith,
Dec 9, 2022
According to forecasts, the economic value of fashion resale is set to grow to 476 billion U.S. dollars by 2030, making it by far the largest circular fashion business model. Clothing rental is also forecast to see significant growth, reaching a value of 167 billion U.S. dollars.

Forecast economic value of circular fashion business models worldwide in 2030, by category (in billion U.S. dollars)

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Release date

November 2021

Region

Worldwide

Survey time period

2021

Supplementary notes

Figures are based on 23 percent of linear production being replaced by circular business models.
A full methodology can be found in pages 60 to 65 of the report.

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