Material Insights · Understanding the Material World

Apparel and footwear: Sources

Brands and garment makers selling finished clothing, shoes and accessories to shoppers

Sources

  1. Global fashion market on track for 2 trillion dollars by 2026 (Euromonitor data) Modaes, 2026
  2. China 2023's top global RMG exporter, Bangladesh 2nd, Vietnam 3rd: WTO Fibre2Fashion (WTO data), 2024
  3. 24.6 billion pairs: global footwear production in 2025 World Footwear (APICCAPS), 2026
  4. 50% US tariff on Indian apparel exports could be death knell for small firms: AEPC Deccan Herald, 2025
  5. Materials Market Report 2025 Textile Exchange, 2025
  6. United States removes additional tariffs on imports from India KPMG TaxNewsFlash, 2026
  7. White House says India to face temporary 10 per cent tariff after new US order All India Radio News (Prasar Bharati), 2026