Apparel market in Mexico – statistics & facts
With the manufacturing sector making up over 30 percent of Mexico’s GDP, the industrial economy plays a key role in this North American country’s economic prosperity. The textile and apparel industries, as part of this major sector, collectively represented roughly two percent of Mexico’s manufacturing GDP. Despite a slight decrease in apparel production during the last quarter of 2023, the Mexican apparel market can expect continuous growth in the upcoming years, with a market revenue forecast to reach over 22.6 billion U.S. dollars by 2028.
