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Statistics European Union

General data

MetricValue
Population:506.85 million
GDP per capita (PPS):36,486 Dollars
Labor force:247.0 million
Unemployment rate:39.4%
Fashion market share:5 percent
Regional fashion market size:441 billion dollars
Turnover of the textile and clothing industry:191 billion dollars
Employment in the textiles and clothing industry:1.6 million
Annual investment in the textile and clothing industry:5 billion dollars
Annual investment in clothing:1.6 billion dollars
Annual investment in textiles and man-made fibres:3.3 billion dollars

Fashion companies

Number of companies in the textile and clothing industry: 172,755 Among these companies 119,960 companies can be addressed to as clothing companies, 52,926 are textile companies and the remaining 80 companies work on man-made fibers.

The total turnover of these companies is 191 billion euros. Nearly half of this turnover is related to textile companies, these contribute 92 billion euros. Another 87 billion euros is related to clothing companies and the remaining 9.7 billion euros is related to man-made fibre-making companies.

A couple of European countries, such as Italy, France and Spain are well-known for their renowned fashion conglomerates. The following table shows the Top 10 largest fashion companies in Europe.

Company nameMarket valueAnnual salesCountryCompany type
1Inditex104 billion dollars24 billion dollarsSpainStock listed company
2LVMH, Louis Vuitton Moët Hennessy86 billion dollars41.5 billion dollarsFranceStock listed company
3Hennes & Mauritz48.5 billion dollars26.5 billion dollarsSwedenStock listed company
4Hermès37 billion dollars6 billion dollarsFranceStock listed company
5Rolex SA36 billion dollars6 billion dollarsSwitzerlandPrivate ownership
6Compagnie Financière Richemont36 billion dollars11.5 billion dollarsSwitzerlandStock listed company
7Chanel33.5 billion dollars9 billion dollarsFrancePrivate ownership
8Dior32 billion dollars2 billion dollarsFranceStock listed company
9Luxottica26.5 billion dollars10.5 billion dollarsItalyStock listed company
10Kering25.5 billion dollars13 billion dollarsFranceStock listed company

Employment

Currently 1.63 million people are employed in the textile and clothing industry. Most of these employees, 1 million people, are employed in producing at and managing clothing companies. The remaining 614,000 work on textiles and man-made fibres.


Consumer expenditure (2014)

MetricValue
Annual expenditure on clothing:360 billion dollars
Annual expenditure on footwear:81 billion dollars

Exports (2016)

Exports of apparel and textiles: 49.5 billion dollars

Clothing: 25 billion dollars

  • Menswear export value: 5.8 billion dollars
  • Womenswear export value: 10.1 billion dollars
  • Babies wear export value: 254 billion dollars
  • Other clothing and accessories export value: 9.1 billion dollars

The main clothing customers make up for 54.6 percent of the total clothing exports. Switzerland is the largest customer taking 3.8 billion dollars in textiles, which is 15.7 percent of the total European textile exports. Russia takes 3.7 billion dollars, 15.2 percent, and is therefore the second largest customer. The customers that round up the Top 5 export clients are the United States with 2.7 billion dollars (11 percent), Hong Kong with 1.6 billion dollars (6.5 percent) and Japan with 1.5 billion dollars (6 percent).

Textiles: 24.5 billion dollars

  • Natural fibers export value: 981 billion dollars
  • Man-made fibers export value: 981 billion dollars
  • Yarns & Threads export value: 2.2 billion dollars
  • Woven fabrics export value: 6.9
  • Knitted fabrics export value: 1.7 billion dollars
  • Technical textiles export value: 6.1 billion dollars
  • Other textiles export value: 3.2 billion dollars

The main textile customers make up for 40.5 percent of the total textile exports. The United States is the biggest customer taking 2.7 billion dollars in textiles, which is 11 percent of the total European textile exports. China takes 2.1 billion dollars, 8.5 percent, and is therefore the second largest customer. The customers that round up the Top 5 export clients are Turkey with 2 billion dollars (8 percent), Switzerland with 1.6 billion dollars (7 percent) and Morocco with 1.5 billion dollars (6 percent).


Imports (2016)

Imports of apparel and textiles: 115 billion dollars

Clothing: 84.5 billion dollars

  • Menswear import value: 21.2 billion dollars
  • Womenswear import value: 29.5 billion dollars
  • Babies Wear import value: 2.5 billion dollars
  • Other clothing and accessories import value: 31.2 billion dollars

The European Union imports most of its clothing from 5 suppliers, with China being the largest. A near 40 percent of the European imports come from China. Bangladesh supplies 14.5 percent of the European clothing imports. Another 13 percent of the supplies come from Turkey and respectively 6 and 3 percent come from India and Morocco.

Textiles: 30.5 billion dollars

  • Natural fibers import value: 1.8 billion dollars
  • Man-made fibers import value: 1.5 billion dollars
  • Yarns & Threads import value: 4.3 billion dollars
  • Woven fabrics import value: 6.1 billion dollars
  • Knitted fabrics import value: 1.5 billion dollars
  • Technical textiles import value: 6.4 billion dollars
  • Other textiles import value: 1.2 billion dollars

The European Union imports most of its textiles from 5 suppliers, with China being the largest. About 31.5 percent of the European imports come from China. Turkey supplies 17 percent of the European textile imports. Another 9 percent of the supplies come from Turkey and respectively 8 and 4 percent come from Pakistan and the United States.


Sources

These statistics pages are a product of FashionUnited Business Intelligence. For more fashion data, company information and statistics, please refer to the FashionUnited Business Intelligence homepage.
Sources: Eurostat, CIA, ILO, WTO, IBISWorld, OECD, Comtrade (UN), World Bank, Euratex, CZSO.
Copyright 2016 by FashionUnited. You must obtain written permission to use any FashionUnited content.