Four fundamental changes to the retail apparel market have become increasingly apparent during 2024. There is a need to accommodate a rising proportion of recycled raw materials into new garments as a result of recent legislation, there has been a sudden increase in the size of the second-hand apparel market with strong backing from a number of major retail fashion brands, there has been an explosion in the number and size of new online retailers, and there has been a rapid rise in the availability and popularity of ultra-fast fashion.
Meanwhile, huge amounts of investment have gone into research and development (R&D) with the aim of replacing oil-based synthetic raw materials with alternative natural plant-based or bioengineered ingredients but it has been argued that material substitution-while well intentioned-is a “dead-end street” as it seeks to perpetuate a “business as usual” response to the textile and clothing industry’s problems. In fact, it has been suggested that material substitution is “a measure to prolong the life of a system that is doomed” and that a profound transformation of our economic and living conditions is required.
Who should buy this report?
Manufacturers of fibres, textiles, clothing and chemicals
Textile and clothing machinery manufacturers - spinning, weaving, knitting, sewing and import/export
Textile and clothing brands and retailers like Adidas, H&M etc.
Educational institutions like universities, fashion schools etc.
Business consultancy firms
Textile and clothing trade associations
Government trade bodies
Table of Contents
THE CHANGING FACE OF THE GLOBAL FASHION INDUSTRY
- Need to accommodate a rising proportion of recycled raw materials into new garments
- Sudden increase in the size of the second-hand apparel market
- Explosion in the number and size of new online retailers
- Rapid rise in ultra-fast fashion
MATERIAL SUBSTITUTION
- Replacing oil-based synthetic raw materials and cotton with alternative natural plant-based or bioengineered ingredients
OVERCONSUMPTION
WHY SUBSTITUTION WITH SUSTAINABLE ALTERNATIVES IS NOT SUSTAINABILITY