Denim Market

Market Synopsis:

The Global Denim Market is valued at USD 128.29 Million in the year 2022 and is forecasted to reach a value of USD 179.67 Million by the year 2030. The Global Market is projected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 4.30% over the forecast period.

Denim is a cotton fabric that is rough and heavy in texture. Denim was originally designed for use in labor garments, but it has since grown in popularity as a fabric for various forms of clothing. Currently, Denim is a crucial and fashionable staple in every wardrobe. Denim garment manufacturing is a profitable industry.

Because of their comfort, ease of wear, and durability, Denim jeans remain a popular choice among the younger generation. In some industrialized countries, there is a growing desire for "perfect fit" Denim jeans, which is encouraging the development of new goods. A current trend among Denim Jeans Market participants is to blend cotton with synthetic strands to provide consumers with stretchy pants.

‹›

Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

• Real-Time Data Updates:
• Competitor Benchmarking
• Market Trends Heatmap
• Custom Research Queries
• Market Sentiment Analysis
• Demographic and Geographic Insights

Book Demo

Get Access Now

The rise in urbanization and the increasing demand of Denim shirts are likely to promote the growth of the Denim Market in the forecast future. Furthermore, the growing popularity of flexible Denim jeans made from a combination of cotton and synthetic material is expected to boost the Denim Market's growth. Furthermore, the government's increased push to improve product manufacturing is expected to support the Denim Market's expansion.

On the other side, the rise in popularity of low-cost woolen clothing is expected to stifle Denim Market growth over the forecast period. Furthermore, the simple availability of raw materials and the advancement of Denim wear would create further potential chances for the Denim Market to grow in the next years. However, fluctuating raw material prices, as well as changing fashion and customer preferences, may pose additional challenges to the Denim Market's growth soon.

Market Segmentation:

The Denim Market is segmented on the basis of Type and Application. On the basis of Type, the market is segmented into Light Denim, Medium Denim, and Heavy Denim. On the basis of Application, the market is segmented into Jeans, Shirt, Jacket and Others.

Based on Type

Light Denim is a form of Denim with a low thread count that produces a lightweight fabric with excellent breathability. Cotton-synthetic fibers like polyester, rayon, and viscose are commonly used to generate its texture. Medium Denim is a weight of Denim that lies in between light and heavy. It's heavier than light Denim but lighter than thick denim. It's most commonly associated with jeans, although it can also be found on jackets and shirts. Denim that has been dyed with indigo and other dyeing pigments to achieve dark, subdued hues is known as heavy denim. The dark color gives it a rigid feel at first, but after washing, the fabric softens and becomes more flexible and comfortable to use.

Based on Application

The global market for Denim is led by jeans, which is likely to maintain its lead during the forecast period. Jeans are the most common application for denim. This is owing to its long-lasting nature and large range of weights, styles, and colors. Because it can sustain high temperatures without burning, firefighters use it when wearing heat-resistant clothes when putting out flames. This material is very popular for jeans because it lasts a long time.

Asia Pacific Region to Stand Firm on its Leading Position in the Denim Market

Asia Pacific acquired the largest market share during the year 2021 with a share of 38.40%. China, India, South Korea, Brazil, Mexico, Turkey, the UAE, and Saudi Arabia, among others, are expected to account for a large percentage of future expansion in the Denim jeans industry. The worldwide Denim jeans market is predicted to rise due to factors such as the influence of westernization and urbanization, the increase in the number of women entering the workforce, and increased fashion consciousness among customers.