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)
Characteristic
Forecast economic value (in billion U.S. dollars)
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 August 25, 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 August 25, 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: August 25, 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 August 25, 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/