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The fashion industry's clout and influence stem from the insatiable consumer appetite, which fuels a relentless cycle of production and sales. Globally, the apparel market generated a staggering 1.73 trillion U.S. dollars in 2023. This figure is forecast to swell by over 250 billion dollars within the next five years, reaching a new milestone by 2028.
Sources
https://www.statista.com/markets/423/topic/463/fashion-accessories/#overview
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