The fashion industry, a powerful titan in the field of international trade, has a significant impact on the cultural and economic aspects of the world. It is one of the biggest contributors to the global economy. Statistics in the fashion sector before the COVID-19 pandemic indicated a global revenue between $1.7 trillion and $2.5 trillion. Even though the pandemic caused a 20% decline in revenue in the fashion industry, the global fashion market has continued to thrive despite its sustained period of turbulence and aftershocks. However, around 40 million metric tons of textile waste are generated annually by the fashion industry worldwide, most of which is either disposed of in landfills or burned. The fashion sector is one of the most resource depleting industries in the world because it consumes vast amounts of land, water, and virgin raw materials.

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