Korea Launches Strategy To Boost Textile And Fashion Industry
Korean’s Trade, Industry, and Energy Minister Dukgeun Ahn announced the “Textile and Fashion Industry Competitiveness Strategy” during a conference at the Textile Center in Seoul. The strategy aims to address key industry trends, including the rapid growth of the industrial textile market, the increasing demand for eco-friendly products, and the widespread adoption of digital transformation.
The Ministry of Trade, Industry, and Energy (MOTIE) is focused on advancing industrial textiles, promoting eco-friendly practices, and accelerating the digital transformation of the textile and fashion industry. By 2030, the goal is to expand Korea’s global market share in industrial and eco-friendly textiles from the current 2-3% to 10% and to increase digital transformation in the sector from 35% to 60%, positioning Korea as a global textile and fashion powerhouse.
Key initiatives include developing world-class technologies in advanced industrial textiles, supporting the green transition of the textile value chain, and implementing AI and digital tools in production processes. Additionally, the strategy emphasizes strengthening the industry base by training 1,000 professionals in eco-friendly and digital technologies by 2028 and enhancing global competitiveness through sustainability certifications and international market participation.
Minister Ahn highlighted the vital role of Korea’s textile and fashion industry, which includes 60,000 companies generating ₩44 trillion in production value and employing over 260,000 workers. He affirmed the government’s commitment to supporting the industry’s competitiveness and future growth.
