With an 8.4 per cent share and a total value of $9billion,India ranks ninth in the global slow fashion market. On the other hand, nearly 13.87 per cent of the clothing market in the country is made up of fast fashion.
As per an analysis by the apparel and footwear brand Public Desire with a total value of $5 billion, or 47.3per cent share, the United Arab Emirates leads the global slow fashion market.
Ranking fourth, Japan has a balanced market with fast fashion making up 20.02 per cent and slow fashion 20.022 per cent of the total garment market, totaling $18 billion in sales.
In the sixth place, France’s slow fashion market accounts for 19.4 per cent or $7.9 billion of its overall apparel market. France shares the sixth place with Canada whose slow fashion sector comprises 13 per cent of its overall apparel business amounting to $ $2.6 billion.
With an 11 per cent market share for slow fashion, equivalent to $1.98 billion, Australia ranks seventh while United States sees 10.8 per cent ($39 billion) from slow fashion and 37.9 per cent from fast fashion.
With data obtained from official publications, Statista, and IBIS World, thereport closely examines each fast fashion business and the volume of online searches. The researchers determined the top fast fashion brands in each nation and the extent of public interaction with the two fashion industries.
To determine which nations are the best progressed in terms of sustainable fashion, Public Desire examined data from over 20 different nations. The study was carried out using criteria such the size of each country’s garment market, the revenue generated by fast fashion and slow fashion in 2024, and the share of these categories of fashion in the total apparel market.
In each country examined, Sheinwas discovered to be the most sought-after fast fashion brand. A different search was conducted to determine the frequency with which ‘thrift stores near me’ were searched in all of the nations that were examined in order to gauge the popularity of sustainable fashion.
