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Economy, Demographics and Policy Benchmarks

Highlight and comparison of key competitive factors for Textile and Apparel

Benchmarks Introduction

This section highlights key factors that are important for the competitiveness of the Textile and Apparel industry for investment attraction. It also provides for the comparison of East African countries against selected African and Asian competitors for benchmark purposes. This section relies on a wide range of sources including international databases with public access.

The global textile market size was valued at USD 1,695.13 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.6% in terms of revenue from 2023 to 2030. The industry works on three major principles, namely the design, production, and distribution of different flexible materials such as yarn and clothing. Many processes, such as knitting, crocheting, weaving, and others, are primarily used to manufacture a wide range of finished and semi-finished goods in bedding, clothing, apparel, medical, and other accessories.

GDP
Inflation Growth
Population
Labour Scenario
Gender Ratio
Literacy Rate
East-african-Economy-and-Demographics
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