Title: Denim Market 4.60% CAGR by 2023
1Denim Market Research Report - Global Forecast
till 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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2Denim Market Research Report- Forecast to 2023
Denim Market 2020 Industry Survey, Growth,
Competitive Landscape and Forecasts to 2023
The global denim market is projected to garner
USD 128,643.1 million during the forecast period
(2018-2023). The global market is anticipated to
experience 4.60 CAGR owing to the growing
preference of denim apparel among the youth,
asserts Market Research Future (MRFR). Denim is
referred to as a rugged cotton twill textile or a
fabric which is used to prepare products such as
shirts, jeans, bags, jackets, and other
accessories. Evolved from the demand of American
gold-miners in order to withstand the work
stress, has gained huge acceptance especially
among the youth population. The first denim
manufactured was in the year 1873 by Levi Strauss
and Jacob Davis. Today denim is a fashionable and
important item in every wardrobe and has become
one of the most lucrative businesses across the
globe.
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3 Denim Market Research Report- Forecast to
2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Denim Market
Research Report - Global Forecast 2023
Denim market has gained huge acceptance in the
fashion industry across the globe. With youth
becoming extremely fashion conscious, the
spending on branded denims have increased. The
increasing preference for denim apparel among the
youth is one of the major drivers for the market
growth. Also, the augmenting per capita income
among the youth is supporting the market to a
great extent. Denims are largely preferred due to
its durability, comfortable nature, and low
maintenance. They are available in formal as well
as casual wear, and a wide variety of shades.
Such factors have highly influenced the market
growth during the assessment period.
4 Denim Market Research Report- Forecast to 2023
Global Denim Market, by Region, 2018
5 Denim Market Research Report- Forecast to 2023
Regional Analysis
Geographically, the denim market has been studied
under four major regions, namely, Europe, Asia
Pacific, North America, and Rest-of-the-World
(RoW). Among all the regions, North America is
considered to be an attractive region among the
manufacturers and demonstrate 4.37 CAGR over the
review period to touch USD 44,060.3 million at
the end of 2023. This can be credited to the
expanding product portfolio of denim by the major
manufacturers. Innovation in design and color is
another factor considered to contribute to the
market growth. Moreover, key manufacturers are
focusing on promotional activities in order to
create awareness among the consumers regarding
new product launch. Such factors are likely to
influence the market growth to a great extent in
this region.
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ture.com/reports/denim-market-7135
6 Denim Market Research Report- Forecast to 2023
Application Major Players in this Research
- Denim Market Prominent Players
- PVH Corp. (U.S.)
- Inditex (Spain)
- Hennes Mauritz AB (Sweden)
- Levi Strauss Co. (U.S.)
- VF Corporation (U.S.)
- American Eagle Outfitters Inc. (U.S.)
- Gildan Activewear Inc. (Canada)
7 Denim Market Research Report- Forecast to 2023
Denim Market Segmented on the basis of
- By Product Type
- Loose Fit,
- Slim Fit
- By Distribution Channel
- Hypermarkets,
- E-Commerce,
- Pharmacies
- By Consumer Group
- Male,
- Female
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