A NEW TEXTILES ECONOMY: REDESIGNING FASHION’S FUTURE
AuthorSocial Enterprise Alliance
Published byEllen MacArthur Foundation
- September 18, 2020
Textiles and clothing are a fundamental part of everyday life and an important sector in the global economy. It is hard to imagine a world without textiles. Clothes are worn by almost everyone, nearly all the time, and for many are an important expression of individuality. Globally, the USD 1.3 trillion clothing industry
employs more than 300 million people along the value chain; the production of cotton alone accounts for almost 7% of all employment in some low-income countries Clothing – the focus of this report – represents more than 60%of the total textiles used and is expected to remain the largest application. In the last 15 years, clothing production has approximately doubled, driven by a growing middle-class population across the globe and increased per capita sales in mature economies. The latter rise is mainly due to the ‘fast fashion’ phenomenon, with quicker turnaround of new styles, increased number of collections offered per year, and – often – lower prices.
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