How Many Jobs Does the Fashion Industry Provide
General data
Population: | vii,260.vii million |
Labor force: | 3,384.i million |
Unemployment rate: | five.viii per centum |
GDP per capita (PPP): | 16,300 US dollars |
Value of the global fashion manufacture: 3,000 billion dollars (three trillion dollars), ii percent of the world's Gross domestic product (GDP)
Retail value of luxury goods market: | 339.4 billion dollars |
Value of of the menswear industry: | 402 billion dollars |
Value of the womenswear industry: | 621 billion dollars |
Bridal Wear market: | 57 billion dollars |
Childrenswear market: | 186 billion dollars |
Sports footwear market: | 90.4 billion dollars |
Mode Companies
To cater to the big, iii,000 billion, cloth and garment industry new companies are entering the market daily. Most of these companies remain rather unknown to the consumer audience, meliorate known are the individual brands that are function of these global fashion companies.
LVMH, Louis Vuitton Moët Hennessy, a French luxury conglomerate is currently the largest manner company worldwide. LVMH's annual revenues reached 42.6 billion euros in 2017 and the company is valued around 122 billion euros. The visitor operates a concatenation of independent stores and shops-in-shops for fashion brands such as Louis Vuitton, Fendi and Dior. LVMH does not simply stand for high-end fashion, just provides for every aspect of a luxury lifestyle, from champagne (Moët) to sailing yachts (Majestic Van Lent).
U.s.a.-based athleisure- and lifestyle brand Nike is the second largest fashion company worldwide. In 2017 Nike's revenues amounted to 34.4.6 billion dollars and a market value of nearly a 105 billion dollars. Nike offers its products worldwide and its largest markets are the United States, 46 percent of the full revenues, and Western Europe (xix per centum). Almost of Nike's income, nearly ninety percent, comes from the Nike brand. The remaining 10 pct comes from Converse, which is a subsidiary of Nike. The brand's best selling division is footwear, bookkeeping for 63 per centum of Nike's income.
Spanish fast-fashion giant Inditex - with a market value of nearly a 92 billion dollars - is the tertiary largest fashion company worldwide. Inditex owns brands like Zara, Pull&Bear and Stradivarius. The Spanish company is valued at 75 billion euros and its 2017 annual revenue was 25.34 billion euros. Inditex has stores is every major metropolis in Europe, which also account for the majority of the company's revenue.
Imports & Exports (2016)
Full export of clothing: 1.29 trillion dollars
The near exported apparel products are not-knit women'south suits, knit sweaters, knit T-shirts and non-knit men's suits.
Non-knit women's suits: | 108 billion dollars, viii.4 percent |
Knit sweaters: | 79.ii billion dollars, 6.1 pct |
Non-knit men's suits: | 74.one billion dollars, five.7 percentage |
Knit T-shirts: | 68 billion dollars, 5.three percent |
Knit women's suits: | 28.two billion dollars, three.9 percent |
Light rubberized knitted textile: | sixty billion dollars, 4.7 percent |
Constructed filament yarn woven textile: | 44.2 billion dollars, iii.four percentage |
China is the largest exporter of apparel in the world, followed by India and
Total trade of footwear and headwear: 139 billion dollars
Over 40 percent of all traded footwear are leather footwear. Other products that are traded in big amounts are rubber footwear and fabric footwear.
Leather footwear: | 56.7 billion dollars, 41 per centum |
Rubber footwear: | 30.two billion dollars, 22 per centum |
Textile footwear: | 22.3 billion dollars, 16 percent |
Footwear parts: | 7.77 billion dollars, 5.6 percent |
Knitted hats: | 4.eight billion dollars, 3.3 percent |
Other footwear: | 3.9 billion dollars, ii.8 percent |
Other headwear: | 2.82 billion dollars. 2 percent |
As well in footwear and headwear, China accounts for the largest share of all export with 71.i billion dollars. Therefore it business relationship for over 50 percent of the total world trade. Vietnam and Italy are the second and third largest exports of footwear and headwear, exporting respectively thirteen.vi billion dollars and 12 billion. The tiptop iii exports account for 69.6 pct of the full exports in this segment. Rounding off the Tiptop 5 largest exporting regions of footwear and headwear are Indonesia with exports of 5.59 billion dollars and Federal republic of germany with 3.78 billion dollars.
State facts and figures
How many pieces of article of clothing are sold globe wide? How many people work in the international fashion manufacture? What is the total sales of clothing in the globe? This is the FashionUnited page with Facts and Figures nigh the global and US way industry. For facts and figures of the fashion manufacture in other countries and regions, see below.
The International style market place is a leading industry well known for cardinal players, such equally Inditex, LVMH, H&Thou, Nike, VF Corporation, Richemont, Adidas, Fast Retailing, Abercrombie & Fitch, Prada, Gap, Dior, Urban Outfitters, Burberry.
For the real-fourth dimension market value and other stock information on these companies, refer to the FashionUnited Top 100.
France
Population: 66.2 1000000
Labor force: 30.05 million
Unemployment rate: 9.9%
Gross domestic product per capita (PPP): $ 42,726
Domestic market value of way: $ 43.3 billion
Employment in fashion: 340,000
Way Statistics: French republic
Germany
Population: 80.9 million
Labor strength: 42.0 meg
Unemployment charge per unit: v.three%
GDP per capita (PPP): $ 47,627
Domestic marketplace value of fashion: $ 83,six billion
Employment in fashion: 340,000
Fashion Statistics: Deutschland
The Netherlands
Population: 16.9 million
Labor force: 9.0 one thousand thousand
Unemployment rate: 6.9%
GDP per capita (PPP): $ 52,139
Domestic market place value of fashion: $ 16.v billion
Employment in fashion: 87,910
Way Statistics: Holland
Spain
Population: 46.8 million
Labor forcefulness: 23.three million
Unemployment rate: 22.7%
GDP per capita (PPP): $ 29,863
Domestic market place value of fashion: $ 31.1 billion
Style Statistics: Spain
United kingdom
Population: 64.5 million
Labor force: 33 1000000
Unemployment rate: half dozen.3%
Gdp per capita (PPP): $ 46,297
Domestic market value of fashion: $ 94.i billion
Employment in fashion: 555,000
Way Statistics: United Kingdom
See too:
- Wearing apparel manufacture statistics - Colombia
- Fashion industry facts - France
- Modebranche facts and figures - Germany
- Textile and apparel sector statistics - Netherlands
- Clothing industry facts and figures in the United Kingdom
- Apparel and textiles industry facts - India
- Fashion statistics - Spain
- Manner retail industry statistics - Kingdom of belgium
- Dress manufacture facts - Canada
- Way industry facts and figures - Russia
- Textile industry facts and figures - Switzerland
- Garment retail facts and figures - Commonwealth of australia
- Fashion manufacture facts and figures - New Zealand
- Retail and textile industry facts and figures - Mexico
- Wearing apparel facts and figures - Peru
- Clothing industry facts and figures - Argentina
- Style industry facts and figures - Chile
- Apparel manufacture facts and figures - China
- Clothing industry facts and figures - Italian republic
- Clothing industry facts and figures - Japan
- Bangladesh Garment Industry statistics - Bangladesh
- Chinese textile and garment statistics, export champion of the globe - Communist china
- Vietnam's garment industry is having its best time - Vietnam
- Statistics style industry Indonesia - Indonesia
The style manufacture statistics pages are a product of FashionUnited Concern Intelligence. For other data, such every bit the FashionUnited Top 100, the FashionUnited Facebook Index and the List of Richestest People in Fashion, refer to the FashionUnited Acme 100.
Sources:
- Import and export data: OEC
- Largest companies Info: FashionUnited top 100
- Population and Labour Data: Globe Banking concern | www.wto.org
- Eurostat
- CIA
- ILO
- WTO
- IBISWorld
- OECD
- Comtrade (Un)
- NYCEDC
- Usa Census Bureau
- JEC Autonomous
- Bureau of Labor
General information
Population: | 327 one thousand thousand |
Labor strength: | 161.0 million |
Unemployment charge per unit: | three.8% |
GDP per capita (PPS): | 62,500 U.s.a. dollars |
Market share of the way industry: | four percent |
Domestic market value of the manner industry: | 406 billion dollars |
Employment in manner-related industries: | 1.9 million |
New York: Way capital
New York Metropolis population: | viii.55 million |
New York City labor force: | 4.2 million |
Employment in mode-related industries (NYC only): | 185,000 |
Wages in the fashion industry (NYC only): | eleven billion dollars |
Fashion industry tax revenue (NYC only): | 2 billion dollars |
source: NYCEDC (US Demography Bureau) |
Employment
In the Usa an estimated 1.8 million people are in employed in the fashion manufacture, among whom 232,000 in manufacturing textiles for wearing apparel and other fashion items. (JEC Democratic, Bureau of Labor)
Average annual wages in style range from 26,440 dollars, for textile bleaching and dyeing machine operators, to 84,600 dollars for marketing and sales managers in mode.
Nigh 79 percent of all U.s. employees in way work for apparel retailers. The boilerplate annual wage at such companies is 26,650 dollars. However in certain occupations the boilerplate wages are a lot higher. Marketing and sales managers at clothes retailers have the highest average almanac wage of 84,600 dollars. Accountants and auditors receive an average annual pay of 69,960 dollar and buyers and purchasing agents get paid 56,550 dollars, on boilerplate.
A smaller amount, 145,000 employees accounting for 8 percent of all employees in fashion work in dress wholesale and merchandising. The average annual wage in this sub industry is 52,350 dollars. Yet, some jobs pay less than the boilerplate wage. Graphic designers, for instance, receive wages around 48,320 dollars, whereas merchandise displayers and window trimmer receives 35,680. Jobs in production, planning and expediting, with average wages of 47,680, and in installation, maintenance and repair, with average annual wages of 43,430, besides pay less than average within apparel wholesale merchandising.
Another 8 percent, 143,000 people are employed in the apparel manufacturing industry where the average almanac wage is 34,110 dollars. However, there is a large range within this sub industry of style. Whereas computer occupations, such as information analysts, are paid the highest annual wage of 73,220 on average, cloth bleaching and dyeing automobile operators but receive 26,440 per annum. The wages for tailors, dressmakers and sewers are also in the low range with 27,510 dollars, on boilerplate. Maintenance and industrial machinery is paid effectually the average of this sub industry with almanac wages of 36,610 dollars. Other jobs in the high compensation range are in cloth and dress design making and marketplace research and marketing. Respectively these occupations pay an average almanac wage of 52,150 and 64,830 dollars.
Apart from the jobs listed before, the The states has room for effectually xviii,000 way designers. Their boilerplate annual wage is 73,690 dollars, meaning that they receive over 30 dollars per hr.
Apparel manufacturing
- 14.5 meg in 1990
- 13.1 1000000 in 1995
- xiii.0 million in 2000
- 24.eight one thousand thousand in 2014
Textiles
- 19.7 meg in 1990
- 16.eight one thousand thousand in 1995
- 13.5 million in 200
- 33.0 million in 2014
Textiles and Article of clothing
- 34.2 million in 1990
- 29.9 1000000 in 1995
- 26.5 million in 2000
- 57.8 million in 2014
Mode companies
Some of the globe's largest way companies are based in the United States. Moreover, the currently largest mode company globally, Nike, is American. Nike is an athleisure- and lifestyle brand with annual revenues of thirty.6 billion and a market value of well-nigh a 105 billion dollars. Nike offers its products worldwide and its largest markets are the U.s., accounting for 46 percent of the full revenues, and Western Europe (nineteen percent). Well-nigh of Nike's income, virtually 94 percent, comes from the Nike brand. The remaining 6 percent comes from Converse, which is a subsidiary of Nike. The brand's best selling division is footwear, accounting for 64 percent of Nike'due south income.
With a market value of 54.5 billion dollars and 2015 almanac sales of 30.ix billion dollars, TJX Companies is the 2d largest manner company in the United states of america. TJX operates the majority of its stores in the Usa and is best known for its fast-fashion brand T.J. Maxx. Its The states sales account for 86 percent, with 26.vii billion dollars. The company is also agile on the Canadian and European market with its brands T.Thousand. Maxx, HomeSense, Winners and Marshalls.
The third largest style company in the United States is VF Corporation. VF owns several brands including Lee, The North Face, Timberland and Napapijri. In 2015 VF'due south almanac acquirement rose to 12.4 billion dollars with nigh of its revenues coming from the Outdoors and Activity Sports partitioning. The brands The North Confront, Vans and Timberland had combined sales of seven.4 billion dollars, accounting for nearly 60 percent of VF'south full income. Currently, VF corporation has a market value of 27.6 billion dollars.
Shut to VF Corporation, with a market place value of 25.three billion dollars is L Brands. L Brands is the parent company of Victoria'due south Secret and has most of its sales of 12.fifteen billion dollars, a near 93 percent, domestically. In 5th place of United States'' largest fashion companies is sports brands Under Armour. The 20-year-old brand managed annual revenues of 4.0 billion dollars in 2015, with 3.45 billion dollar in North America alone. Nether Armour is currently valued at 17.8 billion dollars on the New York Stock Exchange.
Consumer expenditure
In million US dollars
In percent
Imports & Exports(2016)
Exports of textiles and vesture: 22.9 billion dollars
The Us are not one of the largest exporters of fashion-related products in the globe, all the same it still supplies a fair share of several textiles for manner purpose to overseas markets. The largest export products among textile and wearable of the United states of america are:
Raw cotton wool: | 4.41 billion dollars, 19 percent |
Nonwoven textiles: | one.77 billion dollars, eight percent |
Cotton yarn of over 85 percent: | 1.13 billion dollars, 5 percentage |
Artificial filament tow: | 1.04 billion dollars, 4.v percentage |
Synthetic fila ent yarn: | 1.03 billion dollars, 4.5 per centum |
Exports of footwear and headwear: 1.14 billion dollar
Footwear, with leather body: | 306 one thousand thousand dollars, 27 per centum |
Parts of footwear: | 263 million dollars, 23 percent |
Other headgear: | 139 meg dollars, 12 percent |
Footwear, with textile body: | 85.iv million dollars, 7.5 percent |
Other footwear of rubber of plastics: | 76.9 million dollars, 7 percent |
Other footwear: | 74.7 million dollars, six.5 percent |
Imports of clothing: 105 billion dollars
The United states of america are the largest importer of manner-related products in the world. It mostly imports manufactured apparel.
Sweaters, pullovers, sweatshirts, etc.: | 14.1 billion dollars, thirteen percentage |
Women's suits, non knit: | ix.37 billion dollars, 9 per centum |
Men'due south suits, non knit: | 8.2 billion dollars, 8 per centum |
Women's suits: | 5.63 billion dollars, v pct |
T-shirts: | 5.two billion dollars, v pct |
Imports of footwear and headwear: 28.8 billion dollars
Footwear, with leather body: | 12.2 billion dollars, 42 percent |
Other footwear of safe or plastics: | 6.64 billion dollars, 23 percentage |
Footwear, with textile body: | 4.7 billion dollars, 16 pct |
Hats, knitted or crocheted: | 1.34 billion dollars, five pct |
Sources
- Import and export information: OEC
- Largest companies Info: FashionUnited acme 100
- Population and Labour Data: World Banking company | world wide web.wto.org
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