About apparel industry By 2002, the Sri Lankan apparel industry accounted for 6% of the GDP. 5% share in the global textile and apparel trade. Global Fashion Industry Statistics. 7 billion in 2023 to $703. The Indian apparel industry has come a long way since its humble beginnings and has become one of the leading players in the global market. In 2022, the industry again showed its resilience, almost equaling the record economic profit of 2021, the McKinsey Global Fashion Index shows. The technological advancements in the apparel industry include the use of computerised equipment (especially in design, pattern-making and cutting), 3D scanning technology, automation and robotics, integration of wearable technology and advanced material transport systems (Bailey, 1993, Forza and www. The global apparel market is witnessing a surge in growth, fueled by the e-commerce boom and an uptick in online shopping demand. The industry has the potential to grow even further in the coming years, provided it addresses the challenges it faces and takes advantage of the opportunities presented by the changing market dynamics. The turnover in 2021 in the textile and clothing industry is estimated at 147 billion euros, an 11% bump, compared to 2019/2018. polyester - why the recent cotton ban rumour managed to create such ripples. fiber, textile, apparel, and footwear industries We do this by undertaking industry analysis, contributing to U. textilesresources. 2 billion. Let’s look at the growing trends, challenges, opportunities & solutions in the apparel industry. The "big four" fashion capitals of the fashion industry are New York City, Paris, Milan, and London. As we look ahead to 2025, Fibre2Fashion’s Trade Fair Listing section brings you the 5 most anticipated events in the apparel and fashion industry. With rising domestic consumption, government support, and export opportunities, the apparel industry is poised for substantial 4 days ago · Browse through latest News and Updates from apparel industry, exhibitions, and announcements from all around the globe. Export full list with email contacts of hosts and booking agents in a spreadsheet or csv file. The geographic drivers of revenue and economic profit are also undergoing historic shifts. But you could broaden that to the top 20 percent of the industry that are quite healthy. Clothing factory in Montreal, Quebec, 1941. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025. Year on year the industry continues to be one of the largest contributors to Sri Lanka’s GDP and accounts for nearly half of the island’s total exports. The apparel industry contributes more to carbon emissions than international flights and maritime shipping. The article that most likely started the rumour about a potential cotton ban in Europe by 2030 was a simple one - just a few short paragraphs, focusing on cotton as an “environmental problem”, backed by dubious figures and conjuring up an alleged cotton ban riding on actual legislation (CSRD and CSDDD). Moreover, now could be the moment to drive less seasonality in the fashion system. of Textile Engineering, Atish Dipankar University of Science & Technology 2 days ago · 15 January 2025, New Delhi: The United Nations in India this week convened an interactive roundtable on Responsible Business Conduct in the Textile and Apparel sector with an international expert on business and human rights and representatives from the apparel industry and UN agencies in India. As of 2018, the apparel manufacturing industry employed around 113,370 workers, according to the Department of Labor. It is also the country's largest net foreign exchange earner since 1992. (Board of Investment) #2. Oct 1, 2021 · Let’s take a look at some quick industry stats to get started. 1 trillion dollars in 2026. The apparel industry faces a potential GST hike. If you need to know about the current and future state of the apparel industry, look no further than this infographic. According to Khadi and Village In its most common use, the term fashion refers to the current expressions on sale through the fashion industry. trade policy development, participating in trade negotiations and trade promotion, and addressing trade barriers. The textile industry in India is predicted to double its contribution to the GDP, rising from 2. In addition, multi-pack options are csommon offering by many industry players, providing added convenience for shoppers. Additionally, the sector secures 2592 grants, indicating robust support for research and development initiatives. Jul 31, 2024 · The apparel industry generates a wide range of damaging environmental and social impacts. 8 trillion in 2024 and is estimated to grow at a CAGR of over 3. Nov 26, 2024 · India's fashion and apparel industry is a significant contributor to the country's economy. 7% while male fashion designers are only 17. The chart shows the Apparel Industry Market Size from 2019 to 2022. The fashion and apparel market refers to the dynamic and expansive industry encompassing the design, production, marketing, and retail of clothing, accessories, and footwear. Some observers distinguish between the fashion industry (which makes ‘high fashion’) and the apparel industry (which makes ‘mass fashion’), but by the 1970s the boundaries between them had blurred. It can protect feet from injury and discomfort or facilitate navigation in varied environments. Date: April 16-17, 2025. 8%. TheIndustry. The fashion industry at a Glance. Jan 1, 2015 · The apparel-manufacturing process evolved as an art and underwent several technical changes. Textile Industry (National Council of Textile Organizations, NCTO) Exploring the Production and Export Strategies of U. If you’re looking to get started on the smart clothing industry trend for your apparel brand, the top preferences include clothing that: Auto-adjusts temperature (54%) Tracks physical strain to aid in recovery (42%) Nov 29, 2023 · Storm clouds are gathering, but the experience of recent years shows how the fashion industry may ride out the challenges ahead. It is known for its overproduction and overconsumption practices, leading to environmental pollution and waste. Sri Lanka's apparel industry has invested much in achieving recognition for what the Daily Mirror calls its "conscientious standpoint in apparel production". 9 trillion annually. 3%. Apparel and Clothing play a key role in building human cultures and civilizations. 92 In simplest terms, the fashion industry could be described as the business of making clothes, but that would omit the important distinction between fashion and apparel. A Shaded View on Fashion ⋅ 5. 3 billion euros Jan 1, 2020 · PDF | On Jan 1, 2020, Sabrina Backs and others published Supply Chain Strategies of the Apparel Industry in Research: A Literature Review | Find, read and cite all the research you need on Jun 14, 2022 · Apparel is one of the online shopping categories that grew the most during the COVID-19 pandemic, with US retail ecommerce revenue surging 41. Jul 16, 2024 · This exploration delves into the key apparel industry trends set to define 2024, offering a comprehensive overview of the forces shaping the future of fashion. The global apparel industry is growing steadily, driven by e-commerce expansion, rising disposable incomes, changing consumer preferences, social media influence, and the popularity of athleisure and casual wear. Mar 11, 2024 · The apparel market size has exhibited robust growth, climbing from $655. Dec 1, 2015 · Last Updated on 24/12/2020 . Trend #1: Opportunities in Sustainability. Gottscho-Schleisner Collection, Library of Congress Prints and Photographs Division. Over half of Apparel Industry Market Share is concentrated in Western Europe and China. In summary, we are a fashion industry guide. From the latest fashion industry trends to the obstacles it faces, we provide valuable insights into this dynamic and ever-evolving industry. The implementation of machine learning, computer vision, and artificial intelligence (AI) in fashion applications is opening lots The Office of Textiles and Apparel (OTEXA) is dedicated to increasing the international competitiveness of the U. For trade statistics, please see Key Textile and Apparel Trade Statistics United States Exploring the US as a Sourcing Base for Clothing Using Recycled Cotton 2024 State of the U. Garments priced between ₹1,500 and ₹10,000 could see an 18% tax. Feb 20, 2024 · Retail promotion is an important part of the apparel industry in India because millions of workers are engaged in the informal and unorganized sectors of the apparel industry in India, but these workers are facing lots of problems in sales promotion in the apparel industry (Sharma & Avasthi, Citation 2019). Mar 16, 2020 · Fashion Week lasts one week. One of the most profound trends in the apparel industry today is the continued emphasis on sustainability, whether in the supply chain or manufacturing. It may be used to prevent glare or Others who work in the fashion and apparel industry include fashion models, marketing and advertising professionals, and administrative and support staff. Oct 8, 2021 · The fashion industry has been continuously growing over the years, yet it is an industry that was greatly affected by the COVID-19 pandemic. If a business-as-usual scenario prevails in the coming years – meaning that no action is taken to reduce fast fashion waste – the industry’s global emissions will likely double by the end of the decade. In the children's apparel industry, emphasis is given to fashion-ability as the primary consideration. Before the 18 th and 19 th centuries, only a handful of explorers, sailors and pirates travelled the world, but over the next two hundred years, global trade would explode, bringing countries from the other side of the planet together in common interests. Growing Market Size of Indian T&C Industry As of March 2017, Indian T&C industry was estimated at US $ 108 billion approx. This sector, encompassing women's, men's, and kids' wear made from man-made, cotton, animal, and vegetable fibers, satisfies a broad spectrum of consumer preferences. Sri Lankan apparel manufacturers have begun a more strategic and formalized in-house focus on innovating new products that embody sustainability principles. The apparel industry also goes by the names of clothing, fashion, and textile industry. The Apparel Industry Board, Inc. Global apparel manufacturers design, produce and distribute clothing and related accessories internationally. and it is expected to reach US $ 223 billion by 2021. S. Explore Q3 2024 insights on market trends, supply and demand, and more. The world apparel industry includes over 75 million fashion workers. Jan 5, 2025 · 20 Best Fashion Industry Blogs ⋅ 1. 1) MAGIC Nashville. 1 day ago · From Facts & Key Figures of the European Textile and Clothing Industry report by Euratex, 2020. Textile Industry… Feb 1, 2023 · The apparel industry continues to evolve to find creative ways to keep up with ever-changing shopper demands. Know the state of the Apparel sector for the years to come. Of the 2021 turnover, 81. The apparel industry’s global emissions will increase by 50% by 2030. This guide represents a selection of the many resources in the Library of Congress that may be useful for the study of the business aspects of fashion (or FTAR for fiber, textile, apparel, and retail). Through the long-running Garments without Guilt campaign, the industry's trade association, Sri Lanka Apparel has called attention to its adherence to ethical considerations, including its Aug 16, 2023 · In terms of specific features, respondents identified a few types of smart clothing that would pique their interest. However, the basis of apparel and clothing is to cover, comfort, and protect your body, and it is a great source of self-expression of inner self. These are variable names for the same industry. Aug 21, 2023 · 2. In 2023, prominent trends shaping the apparel industry center around sustainability, consumer preference, supply chain implications, and influences from technological advancements. The industry fears closures of small and medium businesses. Cotton vs. However, amidst its Jun 12, 2024 · The apparel industry should increase its efforts to work towards true circularity and reduce overconsumption, following ambitions such as phasing out substances of concern and synthetic microfiber The children segment is expected to grow at the fastest CAGR of 5. Backed by strong domestic and international demand and being the second- largest exporter of textiles, Indian T&C industry has the potential to reach up to a size of US $ 500 billion. (AIBI), a 501©6, is the only official organization in Illinois specifically dedicated to the needs of the sewn products industry. 6 billion euros was generated in the textile industry and 65. India has a 4. Just 20 percent expect improvements in consumer sentiment in 2025, while 39 percent see industry conditions worsening. Jul 17, 2020 · While the fashion industry is reorganizing for the next normal after the COVID-19 crisis, European consumers have become even more engaged in sustainability topics. Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Oct 13, 2020 · Ever since the first export of shirts to Russia in 1965, the apparel industry in Sri Lanka has not looked back. 3% to approximately 5% by the end of this decade. Sustainability and ethical fashion have become central pillars of the apparel industry. Jul 28, 2021 · In a recent poll of fashion industry executives, around half indicated that sustainability has moved up the list in the post-Covid environment[xii]. Jan 10, 2025 · Burdine's Department Store, Miami Beach, 1953. 2 trillion U. Download now. 5 trillion - $3 trillion USD Second largest employer of labour Second largest polluter in the world after the oil and gas The clothing industry is part of a larger industry - textile industry Previously regulated by the Multi-fibre Apparel industry produces finished clothing suchas kids garments, mens and womens clothing, and other intimate apparel. From robotic garment assembly Industry definition. The Business of Fashion ⋅ 2. Nov 11, 2024 · The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead. However Mar 10, 2022 · In actuality, the fashion industry spans a wide range of markets such as haute couture, luxury fashion, fast fashion, economy fashion, and ready-to-wear. He has been working in the apparel manufacturing industry since 2006. We also see there are a few companies we call the “super winners,” the top 20 performers of the industry. The Fashion Law ⋅ 3. Sri Lankan Apparel Industry Capability. The fashion industry is mostly feminine because female fashion designers account for 82. The Clothing Industry HIGHLIGHTS Second largest industry in the world worth about $2. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead. and indicating a growth of 22% compared to 2020. Sustainability and Ethical Fashion Accompanied by Increased Transparency. Apparel is functional clothing, one of humanity's basic needs, but fashion incorporates its own prejudices of style, individual taste, and cultural evolution . Textile and clothing industries has been the Sri Lanka's largest gross export earner since 1986 and accounted for more than 52% of total export earnings of the country. The Apparel industry has achieved an export revenue of US$ 5 Bn in 2021 contributing more than 45% to the total merchandise exports earnings of Sri Lanka. 2%. Jul 22, 2018 · The facts regarding apparel industry conclude there is a more impact of apparel industry than other industries to the total export earnings of the country over the past five years. 7. Those above ₹10,000 may face a 28% tax. 79 trillion and accounts for 1. Jul 17, 2024 · Apparel production NIFT equips students with a broad spectrum of skills for the apparel industry, including exposure to apparel manufacturing industry technology, IT, quality management, and AI, thereby preparing them for a variety of roles within the apparel production course sector. The apparel industry is the same as the fashion, garment, or clothing industry. Textiles and Apparel Manufacturers 2023 State of the U. Before we dive into the top trends in the fashion and apparel industry, let’s take a quick look at a snapshot of the industry on a global level. The CMAI warns of job losses and market disruption. us Dec 23, 2024 · The global apparel market is now worth $1. 2023 Apparel Industry Trends Nov 18, 2024 · The US apparel manufacturing industry includes about 6,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $10 billion. dollars by 2025, Research and Markets expects the e-commerce fashion industry will grow to $1. Clothing industry or garment industry summarizes the types of trade and industry along the production and value chain of clothing and garments, starting with the textile industry (producers of cotton, wool, fur, and synthetic fibre), embellishment using embroidery, via the fashion industry to apparel retailers up to trade with second-hand clothes and Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Apparel Industry Report . Fashion ⋅ 4. Nov 1, 2020 · The apparel industry has been revolutionizing and evolving for decades, with new trends, changing tastes and preferences and various ups and downs in manufacturing, textiles, supply chain. 6% share of the global trade in textiles and apparel. If we want to summarize, we can say that the industry covers the design, manufacturing, wholesaling, and retailing of clothes, footwear, and fashion accessories. Seven countries have established an international reputation in fashion: the United States, France, Italy, United Kingdom, Japan, Germany and Belgium. The apparel industry holds over 130000 patents, reflecting a strong emphasis on innovation and creativity. The apparel industry is one of the biggest culprits and promoters of this movement. 61 Articles of apparel and clothing accessories knitted or crocheted 3,110. Sri Lanka’s apparel and textile manufacturing industry is the most significant and dynamic contributor to Sri Lanka’s economy. 1 day ago · Aptean Apparel (RLM Edition) is a cloud-based ERP system tailored for the apparel industry, offering solutions for design, sourcing, production, and distribution. Fashion Equipped ⋅ 6. 9% from 2024 to 2030. In 2020, these industries were valued at more than $1. Noor Ahmed Raaz Faculty Member, Dept. 5 trillion combined. The textiles and apparel industry contributes 2. Dec 30, 2024 · However, the long-term growth trend of clothing remains intact and the industry is rebounding post-COVID-19 as restrictions have been lifted across countries. TOTAL EXPORTS OF APPAREL IN SELECTED CATEGORIES OF THE SECTOR Sri Lanka's Textile & Apparel Industry is the largest export sector of the country The Apparel industry has achieved an export revenue of US$ 5. Stay up to date on fashion trend coverage with the latest fashion industry news from global editors. In 2019, the size of the Apparel Industry Industry was $850B and is projected to grow 4% in 2020. Apparel Industry Market Analysis. Read article about The apparel industry, once heavily reliant on labour-intensive processes, is experiencing a profound transformation with the advent of automation. Nov 11, 2024 · Fashion leaders polled in our annual BoF–McKinsey State of Fashion Executive Survey were just as pessimistic as last year. 3 trillion dollars and employing over 300 million people worldwide, the fashion industry remains a highly competitive market dominated by global brands. From 2019 to 2022 the Apparel Industry Industry growth is projected to average 4% per year. 2024 Apparel Industry Trends. Code Description Value in USD Mn H. The apparel industry is a vast and dynamic sector that encompasses the design, production, marketing, and retailing of clothing and accessories. 6% of the total export income that was achieved by the country. Environmental impacts include carbon dioxide emissions, the use of often scarce natural resources, pollution and waste, and on the social side there are concerns about poor pay and working conditions, human rights abuses and modern slavery. Jun 23, 2022 · So a longer recession and a more challenging environment will definitely lead to a shakeout in the industry. With a diverse range of fabrics and intrinsic craftsmanship, the textile sector offers a wealth of opportunities. Fads The fashion industry’s use of packaging is responsible for 26% of global plastic production each year. That accounted for 39. 59 Bn in 2022 contributing more than 41% to the total merchandise exports However, the overall demand for apparel items has been Feb 23, 2017 · 3. Sri Lanka's apparel industry began to grow significantly in the 1980s as an Jan 2, 2025 · Apparel industry slams proposed GST hike. Outlook for the Clothing Technology Industry Patents & Grants. In 2019, global retail sales of apparel and footwear amounted to a staggering $1. Shoppers Jan 10, 2025 · The best Apparel Industry podcasts from thousands of podcasts on the web and ranked by relevancy, authority, social media followers & freshness. 5% to exports. Important Sri Lankan Apparel Industry Statistics #1. com is an online media that provides daily news and updates about global textile apparel fashion industry, informative and knowledge based articles, global trade shows and events updates, interviews of textile apparel fashion industry professionals and influencers. 3% to the country’s GDP, 13% to industrial production and 10. It aims to streamline operations and enhance productivity for fashion businesses. The global fast fashion industry is on pace to be worth 44 billion USD by the year 2028. As sustainability and ethical practices become more important to the consumer, the apparel industry is changing to meet those demands. With any process that is conducted primarily by Jan 11, 2024 · Fashion and lifestyle industry leaders share their perspectives on the promising opportunities, strategic expansion plans, and expectations for the dynamic landscape of 2024 Sep 24, 2024 · The apparel industry in the country has a high growth potential. The ideal candidate will have a proven track record in sales, excellent communication skills, and a deep understanding of the Apparel & Fashion/Consumer Goods industry. These manufacturers operate large-scale production facilities and often source raw materials from various countries to create various apparel items, including casual wear, formal wear, sportswear and specialized clothing. That presents an opportunity for the fashion industry to reiterate its commitment to sustainability. They propose a uniform 5% GST rate. 11 billion in 2024, marking a compound annual growth rate (CAGR) of 7. The purpose of the study was to determine the factors 2. In 2011, the total export income earned by the Sri Lankan apparel industry was valued at $4. The entire manufacturing systems from fibre to garment, in apparel production is not environmental friendly. Statista estimates that the online clothing and apparel industry will reach a value of 1. The apparel industry provides direct employment opportunities to over 300,000 and Dec 18, 2024 · Fashion industry, multibillion-dollar global enterprise devoted to the business of making and selling clothes. Jun 4, 2024 · Morningstar researchers conduct our latest apparel industry analysis. For those of you searching for clothes, shoes, accessories or educational resources, Apparel Search presents research tools, statistical analysis, seminars & training opportunities, as well as a detailed list of fashion schools around the world. Fashion today is a global industry, and most major countries have a fashion industry. This market is characterized by constant innovation, diverse style trends, and the creation of a wide range of products to meet consumer preferences. 1 day ago · Fashion. 18 hours ago · He has authored 6 books in the field of garment manufacturing technology, garment business setup, and industrial engineering. Others who work in the fashion and apparel industry include fashion models, marketing and advertising professionals, and administrative and support staff. [44] In the Western world, tailoring has since medieval times been controlled by guilds, but with the emergence of industrialism, the power of the guilds was undermined. Throughout the years Sri Lankan apparel manufacturers & suppliers have gained a strong reputation worldwide for ethical manufacturing of high-quality apparels trusted by the iconic global fashion brands. The apparel manufacturing industry in the country employed approximately 93,000 workers on average in 2022. COMPETITIVE LANDSCAPE. 6% of the world's GDP. 6% between 2020 and 2022. The apparel industry’s global reach. The global fashion industry is a product of the modern age. The clothing industry refers to the sector involved in the production and consumption of textiles, footwear, and clothing. Unicommerce, leading E-commerce Supply Chain solution is focused on changing the face of Indian Fashion retail. He loves writing how-to guide articles in the fashion industry niche. The global apparel market was valued at USD 1. . Clothing also provides protection from ultraviolet radiation. Apparel industry means the making, cutting, sewing, finishing, assembling, pressing or otherwise producing of apparel, designed or intended to be worn by any individual and sold or offered for sale for that purpose, but does not include cleaning, pressing or tailoring services performed upon apparel sold or offered for sale at retail. Manufacturingapparels is one of the most in-demand businesses today. See full list on market. The textile industry in India, thus, gains a pivotal role in knitting the tapestry of dynamism and growth of the sector with about a 4. Traditionally in the textile and apparel industry, fabric inspection has been done by trained inspectors. An Overview of Method Study in Apparel Industry. In 2022, Apparel in Sri Lanka is free of discrimination, sweatshop practices and child labour and the guiding force behind this commitment to Ethical Business and Manufacturing is the homegrown "Garments Without Guilt" code which exceeds leading industry compliances. Get regular insights on industry trends. With a worth of around 1. The technological advancements in the apparel industry include the use of computerised equipment (especially in design, pattern-making and cutting), 3D scanning technology, automation and robotics, integration of wearable technology and advanced material transport systems (Bailey, 1993, Forza and Jan 1, 2015 · The apparel-manufacturing process evolved as an art and underwent several technical changes. Mar 5, 2024 · In this report, we dive into key 2024 apparel industry trends and their impact on retailers moving forward. Apparel manufacturers compete on both price and fashion. ; Fashion retail sales are projected to soar, reaching $3 trillion by 2030 with an expected annual growth rate of 5. Our story We present the fashion world with a guide to clothing manufacturers, apparel wholesalers, fashion retailers, transportation resources, customs brokers, warehousing, quality standards, education & training, trade shows, trendy social media influencers, modeling agencies, style fashion news publications, fashion industry jobs and much more. Having its ups and downs like any other industry, the Sri Lankan apparel sector has come a long way ever since it started from the bottom, turning out to become the most important income sector for the country’s economy. Oct 28, 2021 · The fashion industry is on the verge of an unprecedented change. As a Sr Account Executive, you will be responsible for driving revenue growth by developing and managing key accounts, identifying new business opportunities and deliver Clothing can insulate against cold or hot conditions, and it can provide a hygienic barrier, keeping infectious and toxic materials away from the body. Apparel Search is one of the largest online guides to the fashion industry. The global apparel industry is a complex, giant machine that churns out billions of clothing articles and accessories, reaching billions of consumers worldwide. Fashion Week is actually a full month, believe it or not! Though many people refer to one of the ‘Big Four’ fashion capitals, New York, London, Milan, and Paris, when attending one Fashion Week, the back-to-back schedules of these cities’ womenswear shows and presentations last a full month. 3% from 2025 to 2034. Nov 29, 2023 · The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Mar 1, 2017 · The fashion industry generates wide range of damaging environmental and social impacts, including carbon dioxide emissions, the use of often scarce water resources, water and chemical pollution Apr 26, 2018 · 7. Source: Eurostat. gweev cqeh wqqbmlw lnbq ypsspfap uracuu vyix ithn uim ltxpfuip