Saturday, October 28, 2023

Can anyone verify/give insight on a few statistics?

Hello,

I’m wondering if anyone here can help me verify a few stats:

  1. The value of the (entire) global apparel industry is estimated at 1.53 trillion USD

  2. The value of the global sustainable fashion/apparel market is about 7.69 billion USD

  3. The value of the global secondhand fashion/apparel market is estimated to be worth 177 billion USD

I realize these categories aren’t exactly comparable, but do these numbers look correct, (or usable)? If they’re right, the percentage of sustainable fashion being produced is TINY, and I can’t account for how the secondhand market seems so large when so many clothes are thrown away.

TIA!



Submitted October 28, 2023 at 08:46PM by emerald_garden https://ift.tt/K06ectz

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