UK Textile and Apparel Market

UK Textile and Apparel Market Overview:

The UK textile and apparel market size reached USD 54.01 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 85.97 Billion by 2032, exhibiting a growth rate (CAGR) of 4.70% during 2024-2032. The market is primarily driven by the increased consumer demand for sustainable and innovative fashion, significant e-commerce expansion, and government support for eco-friendly practices which is enhancing production efficiencies and pushing the industry toward more sustainable solutions.

UK Textile and Apparel Market Trends:

Government Support for Sustainable Practices

The United Kingdom's commitment to sustainable fashion has markedly influenced the textile and apparel market, largely propelled by government initiatives aimed at reducing environmental impact. For instance, on 14 August 2023, UK Research and Innovation (UKRI) announced a £6 Million investment aimed at supporting the fashion and textile sector in adopting more sustainable and ethical practices. This substantial financial injection has been pivotal in encouraging businesses to explore and invest in sustainable materials and technologies. Additionally, the focus on sustainability is increasingly aligning with consumer preferences, as more people demand eco-friendly products that minimize environmental degradation. Consequently, apparel companies are integrating recycled fabrics and eco-conscious practices throughout their production processes, which cater to market demands and align with regulatory expectations for sustainability. Hence, this government-backed shift toward sustainable textiles is transforming the industry market, leading to growth in sectors of the market that prioritize environmental responsibility.

Significant Expansion in E-commerce Sector

The rapid expansion of e-commerce has significantly transformed the UK textile and apparel market. According to the International Trade Administration (ITA), e-commerce revenues in the UK are projected to grow at an average annual rate of 12.6% by 2025. The UK's consumer e-commerce makes up 36.3% of its total retail market as of January 2021, with revenues expected to reach $285.60 Billion by 2025. In 2022, UK online sales experienced a 36% increase, marking the highest yearly growth since 2007. Moreover, the convenience, variety, and accessibility offered by online shopping platforms have made them increasingly popular among consumers, particularly as digital connectivity and mobile commerce continue to advance. This shift has compelled traditional retailers to rethink their sales strategies and expand their online presence. As a result, the increase in e-commerce penetration is driving growth in the UK apparel market by meeting changing consumer preferences and adapting to the digital age, thereby influencing market dynamics and competitive strategies within the industry.

UK Textile and Apparel Market News:

• September 2023, MyGroup, Yorkshire’s waste management firm, has revealed plans to establish a new textile recycling facility in Hull, England. This development follows an investment of £500,000 and will occupy a space of 1,300 square meters, expected to create about 30 new jobs. This initiative will help mitigate the environmental footprint of the fashion industry and bolster economic development in the area. The upcoming facility will repurpose a former laboratory and office area on MyGroup’s recycling campus. It will feature various processes essential for recycling and remanufacturing textile waste, including sorting, grading, and an extensive cleaning cycle. An additional investment of £400,000 is earmarked for these expansions. The facility is expected to be fully functional by the spring of 2024.
• November 2023, Haringey inaugurated the United Repair Centre London (URC London). This launch marks a partnership between social impact enterprises United Repair Centre and Fashion-Enter, alongside the outdoor clothing brand Patagonia. The new center aims to employ and provide training to individuals facing employment barriers, including those from refugee backgrounds, specializing in high-quality clothing repairs. The facility also invites other brands to collaborate with Patagonia in its mission to improve the apparel industry. Besides, URC London is expected to reach the capacity to handle 30,000 repairs annually by 2025.

UK Textile and Apparel Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on material type and application.

Material Type Insights:

• Natural
  • Cotton
  • Silk
  • Others
• Synthetic
  • Nylon
  • Polyester
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the material type. This includes natural (cotton, silk, and others) and synthetic (nylon, polyester, and others).

Application Insights:

• Clothing Textiles
• Technical Textiles
• Fashion Textiles
• Home-Décor Textiles
• Others
   

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes clothing textiles, technical textiles, fashion textiles, homer-décor textiles, and others.

Regional Insights:

• London
• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

UK Textile and Apparel Market Report Coverage:

Key Questions Answered in This Report:

• How has the UK textile and apparel market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the UK textile and apparel market?
• What is the breakup of the UK textile and apparel market on the basis of material type?
• What is the breakup of the UK textile and apparel market on the basis of application?
• What are the various stages in the value chain of the UK textile and apparel market? 
• What are the key driving factors and challenges in the UK textile and apparel?
• What is the structure of the UK textile and apparel market and who are the key players?
• What is the degree of competition in the UK textile and apparel market? 

 Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UK textile and apparel market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the UK textile and apparel market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UK textile and apparel industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.