Denim Market
Denim Market
Denim Market
The global denim market is growing at a significant rate. The disposable income,
increasing government initiatives for product manufacturing in countries like China,
Vietnam, and India, and increased growth in the e-commerce industry are all factors
driving denim's global growth.
On the basis of the product, the denim market is predicted to be dominated by the
jeans segment in 2019. As compared to other denim items, the success of jeans pants
among teenagers and adults is a major factor in their wider market.
On the basis of segment, during the forecast era, the premium segment is projected to
rise at the fastest pace.
On the basis of consumer type, the men's segment is expected to be the largest of all
segments in 2020, and it is expected to retain its dominance during the study period.
In recent years, the Asian retail clothing industry has experienced tremendous growth.
The textile industry in the area has been driven by increasing technological advances,
evolving demographics, and increasing foreign direct investments (FDIs).
The growing popularity of low-cost knitted clothing is probably the biggest challenge
facing denim manufacturers.
The United States is the country with the highest denim sales, but Pakistan is
projected to have the fastest demand growth. During the forecast era, the demand for
denim in Asia-Pacific is expected to rise at the fastest pace.
PVH Corp., Kering, Pepe Jeans, S.L., Bestseller A/S, and the United States Polo
Assn. are all major players in the global denim industry.