Minister of Tourism and Creative Economy Sandiaga Uno explained that the fashion industry contributes 20 percent to the creative economy sector. Sandiaga explained, before the Covid-19 pandemic, Muslims around the world spent USD 277 billion on fashion. This figure is projected to increase to USD 311 billion in 2024. "For Indonesia, fashion is one of the backbones of the creative economy. It contributes nearly 20 percent to the creative economy sector," said Sandiaga when opening Indonesia Modest Fashion Week 2021, Tuesday (30/11/2021). ).
As a country with the largest Muslim population in the world, said Sandiaga, Indonesia is a promising market. In fact, including the top 5 countries with the highest market in the world for modest fashion. "Entering in the top 5 highest as a modest market consumer in the world. Based on the 2020-2021 global Islamic economic report," said Sandiaga. However, continued Sandiaga, the Covid-19 pandemic has almost halted the pace of all sectors, including modest fashion. Many small businesses were forced to close temporarily or even permanently. "During this difficult time, the Indonesian government has provided many policies to support the industry, including stimulus policies for credit restructuring, digital transformation for MSMEs, and other financing assistance," added Sandiaga. The holding of Indonesia Modest Fashion Week 2021 is expected by Sandiaga to be able to support the industry, especially modest fashion in Indonesia, which is ready to go global.
