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)
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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Ellen MacArthur Foundation. (November 23, 2021). Forecast economic value of circular fashion business models worldwide in 2030, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1309219/circular-fashion-business-model-category-value-worldwide/
Ellen MacArthur Foundation. "Forecast economic value of circular fashion business models worldwide in 2030, by category (in billion U.S. dollars)." Chart. November 23, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1309219/circular-fashion-business-model-category-value-worldwide/
Ellen MacArthur Foundation. (2021). Forecast economic value of circular fashion business models worldwide in 2030, by category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1309219/circular-fashion-business-model-category-value-worldwide/
Ellen MacArthur Foundation. "Forecast Economic Value of Circular Fashion Business Models Worldwide in 2030, by Category (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Nov 2021, https://www.statista.com/statistics/1309219/circular-fashion-business-model-category-value-worldwide/
Ellen MacArthur Foundation, Forecast economic value of circular fashion business models worldwide in 2030, by category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1309219/circular-fashion-business-model-category-value-worldwide/ (last visited November 21, 2024)
Forecast economic value of circular fashion business models worldwide in 2030, by category (in billion U.S. dollars) [Graph], Ellen MacArthur Foundation, November 23, 2021. [Online]. Available: https://www.statista.com/statistics/1309219/circular-fashion-business-model-category-value-worldwide/
