Friday, March 15, 2024

Positive News on the Organic Textile Market

There is so much bad press out there lately on the negatives of sustainability in fashion. I thought it would be refreshing to share something positive about the future of organic textiles! People are into organic food, why wouldn't fashion be next?

The organic textiles market is at around 900 million right now and is on a growth trajectory to reach 6.7 trillion by 2032! That's a CAGR of 40%. Source https://www.factmr.com/report/4377/organic-textile-market

All of the manufacturers of organic textiles have to adhere to GOTS standards to be considered in the above.

Finally some standards and the supply side coming back! Should help with price reduction on the demand side



Submitted March 15, 2024 at 09:17AM by Few-Appointment-5810 https://ift.tt/JrtkXMw

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