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Cannabis News > Cannabis Press Releases > The Worldwide Denim Jeans Industry is Expected to Reach $87.4 Billion by 2027 – ResearchAndMarkets.com
Cannabis Press Releases

The Worldwide Denim Jeans Industry is Expected to Reach $87.4 Billion by 2027 – ResearchAndMarkets.com

Business Wire
Last updated: 2021/12/01 at 5:58 PM
Business Wire Published December 1, 2021
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DUBLIN–(BUSINESS WIRE)–The “Denim Jeans – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

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Amid the COVID-19 crisis, the global market for Denim Jeans estimated at US$63.5 Billion in the year 2020, is projected to reach a revised size of US$87.4 Billion by 2027, growing at a CAGR of 4.7% over the period 2020-2027.

Offline, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$71.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Online segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $16 Billion, While China is Forecast to Grow at 7.5% CAGR

The Denim Jeans market in the U.S. is estimated at US$16 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.9 Billion by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Select Competitors (Total 151 Featured) –

  • 7 For All Mankind
  • Aarvee Denims & Exports Ltd.
  • Arvind Limited
  • Black Peony (Group) Co., Ltd.
  • Diesel S.p.A
  • Edwin Co. Ltd.
  • Gap Inc.
  • Inditex
  • Levi Strauss & Co.
  • Mavi Jeans
  • Nien Hsing Textile Co. Ltd.
  • Orta Anadolu
  • Pepe Jeans London
  • Raymond Group

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession
  • COVID-19 Industry Impact Trends
  • Levi’s Closes 50% of these Stores in China
  • Rollout of Kontoor Brands’ Wrangler Jeans in China hit by the Pandemic
  • Sustainability Initiatives of the Global Textile Industry are Likely to be put on Hold
  • New Business Models Likely to Emerge from the Pandemic Situation
  • Response of the Denim Industry to the Pandemic
  • Denim Fabrics: A Primer
  • Denim Jeans: Current Market Scenario and Outlook
  • Recent Market Activity
  • While Developed Regions Remain Major Revenue Contributors, Developing Regions Emerge as Hot Spots for Future Growth
  • A Peek into Denim Jeans Production Landscape
  • China: Leading Denim Weaver
  • India Emerges as an Important Denim Resource for Global Giants
  • Bangladesh Seeks Bigger Role in Denim Jeans Production
  • Competitive Landscape
  • World Denim Jeans Market Ranked by Most Popular Jeans Available
  • Leading Brands in Select Markets Worldwide
  • A Note on Major Retailers of Denim Jeans

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Demographic Trends Create Fertile Environment for Long-Term Growth of Denim Jeans Market
  • Expanding Global Population
  • Urban Sprawl
  • Growing Affluence of Middle Class Population
  • Large Base of Millennials
  • Rising Living Standards
  • Dynamics in the Apparel Industry Favor Considerable Expansion in Denim Jeans Market
  • Global Textile and Apparel Industry and the Impact of COVID-19
  • Abundance of Cotton, the Primary Raw Material for Denim, Accelerates Market Growth
  • Consumption to Remain Stable
  • Sustained Image of Denim as an Expression of Unique Personal Style Maintains Growth Momentum
  • Street Fashions & Celebrity Styles Influence Denim Consumption
  • Growing Fashion Consciousness among Women Augurs Well
  • Denim Jeans Making Inroads into Workwear/Corporate Wear
  • Functional Denim: The Next Big Thing
  • Distressed Jeans and Jeggings now in Vogue
  • Skinny vs Boyfriend – The Bestselling Styles
  • Short-Term Forecasts for High-end Premium Denim Jeans Remain Sluggish
  • Competition in High-End Denim Jeans Market
  • Acid Washes on Denim Jeans Gain Popularity
  • Hunt for the Right Fit Continues
  • Eco-conscious Consumers Drift towards Natural, Organic and Sustainable Denims
  • Bioindigo: A Greener Way to Dye Denims
  • Hemp Jeans Emerges as a Lighter & Sustainable Alternative
  • Recycled Cotton: A Major Step towards Sustainability
  • Acknowledging the ‘Green’ & ‘Sustainability’ Trends, Denim Manufacturers Emphasize Eco-Friendly Production
  • Spike in Online Apparel Sales Revs Up Market Revenues
  • Growing E-commerce Prospects
  • Offline Distribution Channels Remain Major Revenue Generators
  • Specialty Stores Continue to Dominate Women’s Jeans Sales
  • Innovations Drive Market Dynamism
  • A Review of Select Denim Innovations
  • Key Innovations in the Global Denim Sector
  • New Designs and Innovations in Preparation of Denim Fabric
  • Emerging Innovations in Denim and Jeans Market
  • Innovative Trends Key to Market Performance in Premium Segment
  • Issues & Challenges
  • Denim Jeans Market Faces Threat from Substitutes
  • Athleisure Trend Continues to Bother the Denim Market
  • Disorganized Production & Retail Understate Overall Revenues

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/eweng0

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Business Wire December 1, 2021
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