Here is a summary of the content in 100 words:
The global circular fashion market is expected to reach USD 13.05 billion by 2031, growing at a CAGR of 8.97% from 2022 to 2031. The market is driven by the rise of online platforms, technological advancements, and digital marketing strategies. Key players include H&M, Inditex, EILEEN FISHER, and others. The market is segmented by product type, end-use, distribution channel, textile source, and consumer group. Regional trends indicate the North American market will capture a significant share, while Europe will also drive growth. Challenges include insufficient recycling infrastructure and a lack of standardized protocols.
