Monday, 01 June 2020 | 20:41 WIB

Indonesia Offers Signficant Prospect for Muslim Fashion Business

Indonesia Offers Signficant Prospect for Muslim Fashion Business (kemenperin)

JAKARTA, NETRALNEWS.COM - The Ministry of Industry continues to spur the development of the Muslim fashion industry in Indonesia to be more competitive in the global arena. This strategic effort is to show Indonesia's readiness to become one of the world's Muslim fashion centers.

"Opportunities for the global and domestic Muslim fashion markets are still very large. For that, it must be filled by the Muslim fashion industry from within the country, "said Indonesia Minister of Industry Airlangga Hartarto.

According to the Minister of Industry, the growth of the number of Muslims in the world has become one of the main triggers that have driven the growth of the Muslim fashion industry. In 2018, the total Muslim population reaches 24% of the total Muslim population in the world.

Meanwhile, The State Global Islamic Economy reports that world Muslim fashion consumption currently reaches USD270 billion, which is projected to continue to increase with a growth rate of 5% so that by 2023 it will touch up to USD361 billion. Meanwhile, Muslim fashion consumption in Indonesia is at US$ 20 billion with a growth rate of 18.2% per year.

"One thing that makes us proud is that the Indonesian achievement in the international world has been very significant. According to data from The State of Global Islamic Economy Report 2018/2019, Indonesia is the runner-up of the countries that develop the best Muslim fashion in the world after the United Arab Emirates, "said Airlangga.

These achievements show that one step further Indonesia can be in the first place and become one of the world's Muslim fashion centers. "Looking forward to 2020, which is only a few months away, we must immediately declare that Indonesia is ready to become the world's Muslim fashion center in 2020. The Ministry of Industry is ready to oversee it," he said.

Moreover, the Muslim fashion industry which is part of the textile and textile product sector has a significant contribution to the national economy. National textile product exports reached US $ 13.27 billion in 2018 or grew 5.4% compared to the previous year of US $ 12.59 billion.

"The biggest Muslim fashion market is the OIC countries, which reaches US$ 191 billion. This shows that we have the potential to increase exports to OIC countries, "said the Minister of Industry. On the other hand, the performance of the textile industry is growing significantly, from 3.76% in 2017 to 8.73% in 2018.

For this reason, the Minister of Industry expressed his appreciation for the organization of the Fashion Festival Muslim Exhibition. Aside from being a promotional event for various national Muslim fashion products, it is hoped that it can also be an access to expand the international market.

"Through this activity, of course it will bring potential buyers, then business to business. Moreover, the presence of young designers from Vocational Schools, is in line with the program of Indonesia President Joko Widodo regarding the development of human resources that are becoming a priority, including in spurring the creative industry sector, especially fashion because it is included in Making Indonesia 4.0, "he explained.

Airlangga saw that the national children's copyright had a good level in the digital era. For example, fashion products, cosmetics, and jewelry that have penetrated foreign markets. "In Asean, we are the best and most creative. "In fact, with the current digital era market, opening IKMs has the same opportunity to reach wider markets," he said.

Furthermore, Indonesia is considered to have great potential in the development of a lifestyle or lifestyle-based industry, including fashion, cosmetics and jewelry producers. "This triad is capable of growing above 3 percent," he said.

Meanwhile, Director General of Small, Medium and Multifarious Industries of the Ministry of Industry Gati Wibawaningsih said, throughout the years 2018-2019, it carried out various development activities for the Muslim fashion industry involving 656 small and medium industry fashion players and 60 designers. "The coaching program that we do is integrated from upstream to downstream," he explained.