Caribbean Export 2021 Annual Report FINAL

CARIBBEAN FASHION SECTOR The global fashion sector reached a value of nearly US$758.4 billion in 2018, having grown at a compound annual growth rate of 7.5% since 2014, and is expected to grow at a rate of 11.8% to nearly US$1,182.9 billion by 2022 2 . Caribbean Export has undertaken several interventions to support the development of the fashion industry in CARIFORUM States, including fashion accelerators, fashion shows and training. Recognising that both buyers and consumers need to discover new designers online and ensure that regional designers have an online presence Caribbean Export launched the Caribbean Fashion Showroom on Instagram and Facebook featuring designers from across CARIFORUM.

115 designers features

+380 posts on social media

+6,560 followers

+1.14M impressions

2 https://www.businesswire.com/news/home/20191025005178/en/Global-1182.9-Billion-Clothing-and-Apparel-Market-Analysis-Opportunities-and-Strategies- to-2022---ResearchAndMarkets.com#:~:text=The%20global%20clothing%20and%20apparel,global%20clothing%20and%20apparel%20market.

Building Business, Transforming Lives for a Resilient Caribbean | Annual Results Report - 2021 40