Sectorial Brochure Textile & Apparel Industry of Armenia/BA | Page 4

MANUFACTURING LEATHER & SHOES 2014 2017 TEXTILE & APPAREL x1.4 2014 GROWTH PRODUCTION GREW IN 2017 x2 GROWTH TEXTILE & APPAREL 33.2% 2017 1.1% SHARE IN TOTAL PRODUCTION Market strengths Export orientated industry World-famous traditional carpet weaving brands Very competitive and skilled work force One of the oldest industries in Armenia Highly competitive market for outsourcing Own brands and subcontractors 113 textile & apparel companies, 84 leather & shoes companies Modernized traditional folk art appliance in textile and apparel design Stylish design studios: internationally qualified designers Support and capacity building from international donors to develop and modernize small and medium-sized enterprises to position Armenian apparel and shoes as high-end designer goods £ R&D support projects towards apparel and shoe sectors by GIZ, UNIDO, EUNIC, EU4Business £ £ £ £ 3