Indonesia targets to become world’s Muslim fashion centre by 2020
Indonesia, the second largest Muslim fashion producers in the world after the United Arab Emirates, is targeting to emerge as the world’s leading Muslim fashion mecca by 2020.
At the 2019 Muslim Fashion Festival (Photo: xinhuanet.com)
Jakarta (VNA) – Indonesia, the second largest Muslim fashion producers inthe world after the United Arab Emirates, is targeting to emerge as the world’sleading Muslim fashion mecca by 2020.
Indonesian Industry Minister Airlangga Hartarto said at the opening of the 2019Muslim Fashion Festival that the market for Muslim wear is big, both outsideand inside the country, and it needs to be dominated by the Indonesian Muslimfashion industry.
He said that the increasing number of Muslims in the world has become one ofthe main triggers that have driven the growth of the Muslim fashion industry.
Last year, the total population of Muslims reached 24 percent of the total globalpopulation. The sale of Muslim clothing in Indonesia is at 20 billion USD witha growth rate of 18.2 percent per year.
Meanwhile, the State of Global Islamic Economy Report 2018/2019 shows that thefashion consumption among Muslims across the world is currently at 270 billionUSD, which is projected to continue to increase at a growth rate of 5 percent.By 2023, the consumption will be 361 billion USD.-VNA
Indonesia has potential to become one of the main players in the Islamic finance industry (Sharia), said head of the National Development Planning Board Bambang Brodjonegoro.
Muslim tourists are a potential segment of the global tourism where in 2017, a total of 131 Muslim tourist arrivals were recorded globally, or up from 121 million in 2016, Antara News reported.
Indonesia has been named as the world’s best halal tourist destination on Global Muslim Travel Index (GMTI) 2019, outclassing 130 destinations across the world.
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At the 2019 Muslim Fashion Festival
