The Growing Fashion Industry in Mexico
What does Mexico’s fashion industry landscape look like?
The fashion industry wave in Mexico is gaining momentum. In this article we will focus on the panorama of fashion industry in Mexico.
Mexico has always been an artisanal country, and presently the cultural and creative past can be combined with the contemporary.
Mexico is steadfast to giving fashion designs an identity, generating ideas and concepts. Mexican talent merges creativity, color, color, ideas, and potential. New talents in the Mexican fashion industry seek to emerge by presenting collections of clothing, shoes, jewelry, and accessories. Mexican talent brings fashion proposals where there is a lack in local fashion industry.
The fashion industry in Mexico has been evolving close to 10 years. Though the process is not simple, there are a few Mexican fashion firms that have established themselves with quality, vision, history, and meaning. Mexico is positioning itself to compete in the international fashion sector. Globally, there are a few Mexican fashion designers who have achieved a prominent place for their brand.
The fashion market in Mexico is expected to grow annually by 7.6%, according to Statista.
Here are some fashion industry highlights regarding Mexico. Read on.
Photo credit: mxcity.mx
Mexican Fashion Industry Highlights
The fashion industry in Mexico has advanced in many aspects. Mexico has begun to develop its potential to promote a fashion industry that generates considerable economic dividends.
Currently, Mexico is ranked 29th on the list of fashion capitals.
In the fashion industry:
- Mexico is the 3rd largest manufacturer of silver jewelry in the world. Mexican silver jewelry is popular worldwide.
Photo credit: Fowler.ucla.edu Exhibition
- Mexico is the 4th largest supplier of textiles and apparel to the United States.
Photo credit: Lafayette
- Mexico is 9th globally in supplying leather goods and shoes.
The fashion industry in Mexico is a market that generates thousands of millions of dollars in revenue, according to the National Chamber of Clothing Industry (CNIV).
In favor of Mexican fashion is the creativity that is already recognized in various parts of the world.
Sustainability in the fashion industry of Mexico
Mexico is also evolving into a hub for sustainable and ethical fashion. The trend of technology pushing toward sustainability in the Mexican fashion industry is a thrust in the world of design.
There are various initiatives in Mexico to promote a path of sustainability by the fashion industry. These efforts are to not only to use recyclable and organic materials, but also to ensure a scientific basis for these efforts. These efforts have led to making visible the sustainable production of agricultural materials, the use of raw materials of local origin, and promotiing Mexican production.
More firms in Mexico are committed to sustainability as more people are interested in knowing where a garment comes from, how it was produced, what the environmental impact is, and the rights of the people who produced the garment.
The fashion industry is made up of the following areas: textile, clothing, footwear, and jewelry.
In Mexico, the clothing industry stands out as the most important activity at 42%.
Leather and Footwear at 28% of total fashion industry production in Mexico.
These productive sectors that make up the fashion industry in Mexico are in constant renewal.
Thus, it is the process of renewal that leads Mexico towards the integration of more design and quality in production as the way in which to compete.
Photo credit: Francisco Cancino
Emerging Mexican Talent in Fashion
Emerging Mexican designers have the challenge of finding their niche in urban fashion.
The fashion industry in Mexico presents multiple possibilities. Mexican designers and entrepreneurs can have a presence in the fashion market by creating defined styles, discovering customer needs, and communicating these through firms.
Mexican designers have now taken it upon themselves to open a platform for their positioning internationally.
Emerging Mexican designers have achieved transcendence, conveying the legitimacy and clarity of Mexican traditions. Through this distinction, the history, diversity, and cultural expressions of Mexico are leaving their mark on the most exclusive fashion markets.
Challenges
Still, the fashion industry in Mexico faces challenges. One challenge of the fashion industry in Mexico is that Mexican designers and brands are not known internationally.
Another challenge is the growth of fashion designers and firms in Mexico. There are few renowned design schools in Mexico for those with artistic expression and business vision. There is not a standard curriculum. Some focus on aesthetics, others on clothing and production. There are a few that combine these elements with business potential.
Essentially, fashion industrialists lack design and designers lack where to produce with quality. Fashion platforms in Mexico are not unified, industrialists and designers do not necessarily support each other. Furthermore, the fashion industry in Mexico receives little support from the government.
Piracy must be combatted to ensure that the fashion industry in Mexico develop successfully. 60% of the garments that are marketed in Mexico do so through piracy and other illegal channels. According to American Chamber of Commerce data, the informal, illegal market costs Mexico millions of pesos per year.
Author: AllMexico.store
Resources
Framework of the IV Panel of the Clothing Industry, American Chamber of Commerce
National Chamber of Clothing Industry (CNIV)
Statista