Clothing Manufacturing Sector
ENG
ESP
Clothing Manufacturing Sector
High potential sectors
Growth projections
Luxury Fashion (Clothing and Footwear) – Billions
2020: $94.3
2025: $130.1
(CAGR 6.6%)


Fast Fashion (Clothing and Footwear) – Billions
2020: $402
2025: $474.3
(CAGR 3.36%)


Accessories & Other Clothing (Millions)
2020: $74,393
2026: $108,690
(CAGR 6.5%)


Sustainable Garments (% importance in total garments)
2020: 3.6%
2026: 6.1%
(+ 2.5pp)


Sustainable Garments (% importance in total garments)

2020: 3.6%
2026: 6.1%
(+ 2.5pp)
Accessories & Other Clothing (Millions)



2020: $74,393
2026: $108,690
(CAGR 6.5%)
Fast Fashion (Clothing and Footwear) – Billions

2020: $402
2025: $474.3
(CAGR 3.36%)
Luxury Fashion (Clothing and Footwear) – Billions

2020: $94.3
2025: $130.1
(CAGR 6.6%)
Clothing and Bags & Accessories (Billions)
2020: $492.6 (396.2 + 96.4)
2023: $673.1 (543.7 + 129.4)
(CAGR 11.0%)
Competing in the Design and Clothing Segment for the Luxury Market presupposes, first of all, the specialization of human capital for the production of high-value goods, that is, haute couture. Likewise, it requires the diversification of the goods produced for the inclusion of other categories such as accessories and household items and the adoption of sustainable materials.

On this last point, it is necessary to highlight the quality of the end-user demand in their products and transparency in their production of inputs so that this new buyer is more aware and responsible. This is why the fashion industry has begun to take actions in favor of communication and corporate social responsibility, in addition to optimizing a circular and integrated economy throughout the entire value chain.


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Potential of the Luxury Apparel Sector
The Mayan Region presents favorable conditions to compete in the Luxury Segment, taking advantage of its existing and potential capacities to produce more complex goods and clothing and diversifying this activity by promoting its foray into the production of accessories and lifestyle products.
Innovation and Market Potential
Productive Vocation
Factor Condition
• National Market with a value of US$ 0.6 Billion (2019) being the 5th largest market in America
• CAGR 2.1% (2012 – 2025) in the Americas
• International Market with a value of US$ 94.3 Billion CAGR 6.6% (2020 - 2025)


• IEL in the EU more significant than 1 in the Manufacture of Garments (2018)
• In Palenque, there is 2.4% of the EU in the Manufacture of Garments at the state level (2018)
• From 2013 to 2018, it increased 82% in the EU and doubled the value of its VACB


• Human capital specialized in manufacturing custom-made garments but with little technology
• It has the infrastructure to enter clothing and home accessories


• STEM graduates of the State Total below the national average
• Number of SNI Researchers below the national average
• There are no CONACYT Centers


ITC
• Foray into the design and manufacture of luxury products
• Leveraging the installed base of custom manufacturing of garments


• Development of specialized skills in the production of luxury goods
• Certifications
• Construction of basic infrastructure for quality and incubation


Environment
Economic activity
Medium Term (2-4 years)
Environment
• Design and manufacture of luxury accessories and lifestyle products
• Direct to Consumer Business Models


• Development of technological capabilities in Packaging and Logistics
• Development and implementation of e-commerce positioning strategies
• Improve the quality of innovation and products
• Infrastructure development and omnichannel strategy


Economic activity
Environment
• Development of design and manufacturing for the creation of sustainable products
• Establishment of a diversified portfolio of luxury goods


• Implementation of omnichannel strategies
• Development of customer experiences through data analysis for the personalization of products and services


Long Term (4 years)
Growth Scenarios to Compete in the Luxury Goods Manufacturing Segment
Economic activity
Short Term (1-2 years)
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Chiapas
Lic. Arantxa Domínguez Corzo
Lic. Felipe Casahonda Paredes
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