FASHION INDUSTRY 2019 UPDATE The 2019 Pulse Score1 shows that the fash-ion industry has improved its social and environmental performance in the past year, but at a slower rate than the previous year. Be a smart laundry manager — wash full loads and use non-abrasive detergents, for example. 2 United Nations Alliance on Sustainable Fashion reports the fashion industry employs over 75 million people worldwide. The World Bank Group works in every major area of development. The fashion industry is also the second-largest consumer of water worldwide. Less than 1 % of used clothing is recycled into new garments. Of the total fiber input used for clothing, 87 % is incinerated or disposed of in a landfill. How much did you pay for the clothes in your closet? Environmental and Social Policies for Projects. The goal is to explore the use of new materials to make clothing more durable so it can be resold or recycled into other products, helping to reduce pollution. Designers are exploring possibilities to use the region’s biodiversity in marketing sustainable brands. Athletic shoes and attire are getting made out of materials extracted from the plastic dumped into the ocean. Additional statistics on international trade, production, retail markets and industry structure are available at request via Matthijs Crietee.This service is free for IAF members. The danger? Some parts of modern life are, at this point, widely known to cause environmental harm — flying overseas, using disposable plastic items, and even driving to and from work, for example. What's more, 85% of all textiles go to the dump each year. That equates to the emission of around 33.4 kilograms of carbon equivalent. Fashion production makes up 10% of humanity's carbon emissions, dries up water sources, and pollutes rivers and streams. Read more: New Mexico faces extreme water scarcity on par with the United Arab Emirates. To make the garment industry more sustainable, all actors must get involved, from designers to manufacturers, critics, and consumers. Source: UNEP, The New York Times, The Guardian, Source: Zero Discharge of Hazardous Chemicals, Better Cotton Initiative, UNEP. The fashion industry is responsible for 10 % of annual global carbon emissions, more than all international flights and maritime shipping combined. On average, people bought 60% more garments in 2014 than they did in 2000. Apparel production is also resource- and emissions-intensive. New Mexico faces extreme water scarcity on par with the United Arab Emirates. The Ellen MacArthur Foundation estimates that every year some USD 500 billion in value is lost due to clothing that is barely worn, not donated, recycled, or ends up in a landfill. The beauty industry is valued at $532 billion and is on an upward trajectory, according to a report from retail analytics firm Edited. Some mid-sized and large companies have made strides, but half of the market has done little to become more sustainable in production. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The global costume jewelry market size was valued at USD 25.2 billion in 2018 and is expected to expand at a CAGR of 6.5% over the forecast period. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). This page provides an overview of statistics about the global apparel industry and retail markets. Here are the most significant impacts fast fashion has on the planet. At this pace, the fashion industry’s greenhouse gas emissions will surge more than 50 % by 2030. However fashion spending is … China to Become the World’s Largest Apparel Market in 2019 . 2020 USFIA Fashion Industry Benchmarking Study Released, COVID-19 and U.S. Apparel Imports (Updated: August 2020), WTO Reports World Textiles and Apparel Trade in 2019, COVID-19 and U.S. Apparel Imports (Updated: July 2020), USTR Factsheet: Textiles and Apparel and the US-Mexico-Canada Free Trade Agreement (USMCA), Free trade agreement and trade preference program. How? Enter your email address to follow this blog and receive notifications of new posts by email. The global apparel market is valued at 3 trillion dollars, 3,000 billion, and accounts for 2 percent of the world’s Gross Domestic Product (GDP). McKinsey and Business of Fashion surveyed 300 fashion executives and found that over 40% expect business conditions to worsen in 2019. Market Size of the Global Textile and Apparel Industry: 2014 to 2018. Be creative in combining garments and recycle them after they wear out. A leading-edge research firm focused on digital transformation. Consider that: Making a pair of jeans produces as much greenhouse gases as driving a car more than 80 miles. Some leading brands have answered this call and are working to identify fiber alternatives and develop more eco-friendly processes. Technology and research are playing a key role in making the industry more sustainable. Every additional year a garment is worn means less pollution. Apparel alone now has a global retail value of $1.4 trillion - that’s the equivalent of everyone on the planet, all 7.7 billion of us, each spending $231 on clothing in 2019. Know the latest in healthcare industry with our Healthcare newsletter. At this pace, the fashion industry’s greenhouse gas emissions will surge more than 50 % by 2030. In 2017, the Boston Consulting Group took the pulse of the fashion industry. FashionUnited Business Intelligence provides apparel market data and analytics. This site uses cookies to optimize functionality and give you the best possible experience. Statistics: Global Apparel Market 2018–2022. In Latin America, the industry’s transition to a sustainable model is gaining momentum. Buy only what you need. This makes it a challenge for clothing makers to grow without being an enemy of the environment, to become allies of the climate while also promoting better conditions for workers in the sector. Many low-cost clothing stores offer new designs every week. However, there is a cost behind each dress, pair of jeans, shirt, and sock that goes unnoticed by most people: the cost to the environment. Changing lifestyle, increasing fashion consciousness, and growing disposable income are some of the factors likely … Source: McKinsey & Company, Ellen MacArthur Foundation, Source: United Nations Environment Programme (UNEP), Source: United Nations Economic Commission for Europe (UNECE), World Resources Institute (WRI). Textile and Apparel Industry: Output, Employment, and Trade (Updated October 2020), What A Vertically-Integrated Textile and Apparel Factory Looks Like Today, Kenya Used Clothing Import Ban during the COVID-19 Pandemic: Discussion Questions from Students in FASH455, Textiles and Apparel – Being Responsible Stakeholders, Examine the US-China Tariff War from a Theoretical Perspective: Discussion Questions from Students in FASH455, FASH455 Exclusive Interview with Jason Prescott, CEO of Apparel Textile Sourcing Trade Shows, COVID-19 and U.S. Apparel Imports (Updated: September 2020). And not only do they buy more, they also discard more as a result. Textile and Apparel Imports (updated February 2020), 2019 USITC Trade Shifts Report (Textile and apparel sector), 2018 USITC Trade Shifts Report (Textile and apparel sector), US Textile and Apparel Industry and NAFTA: Key Statistics (updated July 2017), EU textile and apparel trade – four key things to know, Extra-EU Trade for Textile & Apparel Went Up in 2015, Patterns of Canada’s Apparel Sourcing and Trade, Minimum Wage in the Apparel Industry Continues to Rise in Most Asian Countries in 2016, 2014 World Textile Industry Labor Cost Comparison, Patterns of the world used clothing trade (August 2018).
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