- The global apparel market is valued at 3 trillion dollars & accounts for 2 percent of the world's Gross Domestic Product (GDP).
- The Industry employs 45 million people which makes it one of the largest source of employment generation.
- Consumers are estimated to spend $1 trillion on cross-border e-commerce by 2020 and more than 900 million people have international connections on social media—potentially providing fashion tycoons the opportunity to grow their shopper bases and boost revenues on global digital platforms.
- The Indian Textile Industry is estimated around 108 billion dollars and is expected by to reach 223 billion dollars by 2021.
- The Fashion Retail market will grow at a promising CAGR of 9.7 per cent. India has the world’s largest youth population in the world, and they are becoming more and more fashion conscious today, which has increased the demand for fashion designer.
- Currently the worldwide market for designer wear is at $ 35 billion with a 9% growth rate.
- India’s apparel market to grow to $180 billion by 2025. Textiles sector is one of the largest contributors to India’s exports with approximately 13 per cent of total exports.
- The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand.
Employment Areas in Fashion Design Industry
- Fashion Media
- Boutiques
- Jewellery Houses
- Media Houses
- Fashion Accessory Design
- Design Production Management
- Export & Import Houses
- Fashion Marketing and Merchandising
- Quality Control
- Brand Promotion
- Garment Manufacturing Unit
- Garment Store Chains
- Freelancing of Fashion Houses
- Design Wear Production
- Design Department
