Big Picture of the Development of Fashion, Textile, and Garment Industry in 2023

The development of the fashion, textile, and garment industry in 2023 is a phenomenon that should be discussed and watched for. Why? It is because, at the end of 2022, the value of the Indonesian Rupiah will weaken or experience depreciation. In addition, the increasingly real issue of a global recession will also be a challenge for the textile industry and textile product businesses. Then, what are the predictions for development of the fashion, textile, and garment industry in 2023? Read the explanations below!

The Development of Fashion Industry in 2023

The development of the fashion industry is always an interesting topic of conversation every year, especially for fashion enthusiasts. The Jakarta Fashion Week (JFW) event, held in October 2022, has succeeded in proving that the fashion industry will continue to move forward in 2023. Of course, this is very positive, considering the pandemic that has hit the fashion industry for the last three years.

According to Svida Alisjahbana, Chairman of Jakarta Fashion Week and CEO of GCM Group, the amount of enthusiasm from various parties, such as designers, models, fashion enthusiasts, and the looks shown, proves that the national fashion industry is ready to make a comeback.

The Development of Textile and Garment Industry in 2023

In contrast to the fashion industry, the development of the textile and garment industry is predicted to experience a decline. At the end of last year, we received a lot of data and the reality that there was a significant decline in revenue in this sector due to diminishing demand for the export market. In addition, layoffs also occurred in textile industry business issuers several years ago.

According to data from the Ministry of Industry (Kemenperin), challenges in the textile and garment industry will continue. Launching from CNBC Indonesia, the textile industry association asked the government for help due to the slowing economy in export destination countries such as the United States (US) and Europe. As a result, demand from these countries has fallen drastically and is predicted to be up to 50% in 2023.

Even so, entering the industrial revolution 4.0 as an effort to transform Indonesia towards Advanced in 2030, the Indonesian government continues to support five priority sectors, one of which is the textile and clothing industry. With great opportunities, this industry is expected to take advantage of technological potential from upstream to downstream processes, such as implementing multi-material processing, sensor-driven, and other digitization processes.

To answer these challenges, Pukka Indonusa continues to be the best reliable solution. One of which is by presenting various advanced technological machines and the latest software such as Seddi Textura, ICF, Zünd Cutter, Filiz Dual Beam Multilayer Cutter, Jeehe Rotary Head & Needle Bar, and Screen Printing Machine.

That is an explanation for the overview of the fashion, textile, and garment industries’ development in 2023.

Are you curious about how these machines and software work and become trend solutions in 2023? Wait for the next article from Pukka Indonusa! You can also read other exciting information about textiles and garments through our website.