UK textile manufacturing is booming according to Make it British’s annual survey, with production up 25 per cent and half of businesses reporting an increase in turnover compared to last year.
Nearly 100 manufacturers from across the fashion and textile sector were polled, ranging from small workshops producing luxury womenswear to textile mills producing millions of metres a year.
Kate Hills, founder and CEO of Make it British, explains: “This survey reveals that 2017 has been another great year for the sector. There is increased interest from overseas and more companies are looking to source locally. As a result, more factories are opening or working longer hours and taking on apprentices to keep up with demand.”
The increase in production and turnover is being helped in part by the exchange rate working in UK manufacturers’ favour. One manufacturer reported: “as the pound loses its value our turnover has increased by 30 per cent”. While around a third of UK textile manufacturers are exporting more than they were in 2016, there is still opportunity for growth as another third reported that they aren’t yet selling their products overseas.
A key challenge for 2018 will be how to attract more young people into the industry – and quickly – with the average employer only having taken on one young person in the last year. But the good news is that the workforce is getting younger and apprenticeship schemes are driving interest, with one manufacturer reporting: “We have a relatively young staff and support apprenticeships for improving skills.”
So what does the future hold for UK textile manufacturers in 2018? According to the survey, it’s looking pretty good – with respondents scoring 3.2 on a scale of 1 to 5 when asked how optimistic they feel about the future of their industry.
One manufacturer stated that “this year has been an exceptional year” and all the signs are that there is confidence for the future of the industry too. More than half said that they are receiving more enquiries than they were a year ago as more companies look to source locally and restore their production back to the UK.
For more information go to: www.makeitbritish.co.uk