Denim Market Segmentation Detailed Study With Forecast To 2032

0
1Кб

Denim Market Overview

The global Denim Market is registered to grow a market share of 16.26% CAGR by 2032 and is further predicted to grow to approximately USD 111.75 Billion during the forecast period. Denim jeans are considered one of the youth's popular attires due to their durability, comfort, and simplicity of wear.

The demand for the global Denim Market is driven due to improving the standards of living of people and significant growth in the fashion industry. However, the global denim market size is expected to get hampered due to several reasons, such as increasing pervasiveness for inexpensive woolen wear, variance in raw material cost, availability of alternatives in the market, and changing consumer preferences and fashion.

Global Denim Market – Competitive Analysis

Highly competitive, the global natural denim fabric market appears well-established due to the presence of several key players. The market looks fragmented, with a plethora of similar offerings available locally as well as internationally. To gain a substantial share in the market, players incorporate strategic initiatives such as mergers & acquisitions, expansion, and product/technology launch.

Manufacturers use social media platforms to run promotional activities and to create awareness among the consumers about a new product launch. They partner with e-commerce platforms to strengthen their network and increase sales.

Major Players:

Players leading the global denim market include Inditex (Spain), American Eagle Outfitters Inc. (U.S.), Levi Strauss & Co. (U.S.), Uniqlo Co. Ltd (Japan), Hennes & Mauritz AB (Sweden), PVH Corp. (U.S.), Gildan Activewear Inc. (Canada), Citizen of Humanity LLC (U.S.), AG Adriano Goldschmied Inc. (U.S.), and VF Corporation (U.S.), among others.

Market Segmentation

The global denim market overview is classified on the basis of distribution channel, consumer group, and type.

Based on the consumer group segment, the global market for denim has been classified into female and male segments. Of these, the women's segments are generating significant market share because of the rising number of product launches for women with specific designs and the rising demand for skinny fit jeans among women.

On the basis of the fitting type segment, the global market for denim has been segregated into slim fit, loose fit, and others. Of these, the slim fit segment is predicted to generate the largest market share during the forecast period due to its perfect fit size and ability to provide a good body shape.

Based on the product type segment, the global market for denim has been segmented into bottom wear, top wear, and bags and accessories. The global denim market has been divided based on sales channels such as online and offline, specialty stores, hypermarkets and supermarkets, and department stores.

Regional Analysis

The global denim market has covered various geographical locations such as North America, Europe, Asia-Pacific, and the rest of the world.

Furthermore, the projection period is expected to see the North American region's denim market dominate due to rising disposable income and desire for high-quality clothing.

The fastest-developing regional denim market size is predicted to be the Asia-Pacific region during the research period. This region is expanding due to the growing purchasing power of the people in it.

Thus, many popular brands in denim market trends, including VF, ITG, American Eagle, Levi Strauss, and Perry Ellis Outfitters, are developing businesses in the local market, which is propelling the Asia-Pacific regional market growth.

Industry News

For instance, in Jan 2022, the prominent player Levi's announced its cooperation with its denim users. It has aimed to release a set of co-branded apparel with the support of Nintendo's Pokémon. Moreover, a denim trucker jacket was disclosed by the company that includes Pokémon designs highlighting animals like Mewtwo, Psyduck, Ekans, Diglett, Squirtle etc.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Поиск
Категории
Больше
Другое
Industrial Fasteners Market | 2023 Emerging Technologies, Regional And Forecast To 2032
The global industrial fasteners market is a rapidly evolving industry, crucial to a wide array of...
От Ram Vasekar 2023-09-27 04:58:12 0 1Кб
Другое
Astaxanthin Market 2024-2032 Report Size, Share, Growth
Astaxanthin Markets Report," delivers an in-depth analysis of key growth strategies, driving...
От Dinesh Patel 2024-10-19 12:08:58 0 193
Другое
Flexible Printed Circuit Board Market Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook
"Flexible Printed Circuit Boards Market Report looks at many important market related aspects...
От Adam Walker 2024-07-24 18:19:19 0 538
Health
Cholesterol Testing Market Trends, Share, Industry Size, Growth, Opportunities and Forecast to 2029
The research and analysis conducted in Cholesterol Testing Market report helps clients to predict...
От Dbmr Market 2023-09-26 12:29:25 0 1Кб
Игры
online cricket id – Create Online and Bet Wisely to Win 
    Cricket and other sports are gaining momentum in a different way with the...
От Online Betting IDscs 2024-10-11 10:17:59 0 216