Global Denim Market is estimated to be USD 68.2 billion in 2020 and is predicted to reach USD 98.0 billion by 2027, growing at a CAGR of 6.5% during the forecast period (2021-2027)

Published Date: Jan, 2021

The report "Denim Market by Product (Jeans, Jackets & Shirts, Dresses, Others), by Segment (Mass Market, Standard, Premium), by Consumer Type (Men, Women, Children), by Distribution Channel (Specialty Stores, Department Stores, Hypermarkets & Supermarkets, Online, Exclusive Stores) - Global Forecast to 2027", market is estimated to be USD 68.2 billion in 2020 and is predicted to reach USD 98.0 billion by 2027, growing at a CAGR of 6.5% during the forecast period. Some of the major factors responsible for the growth of denim across the globe are increasing disposable income, growing government initiatives for manufacturing of products in the countries such as China, Vietnam, and India, and increasing growth in the e-commerce industry.

Asia is witnessing significant demographic changes with advancement and innovations in technologies across industry verticals. With this change, China is also taking on an increasingly greater role in the world market for denim, through new innovations in cloth manufacturing. The country is currently a significant global supplier of denim, and it also exports them majorly to the U.S. and Europe. Through this, China is setting the stage for APAC to emerge as a growing supplier of denim cloth worldwide.

Browse 62 market data Tables and 40 Figures spread through 170 Pages and in-depth TOC on "Denim Market by Product (Jeans, Jackets & Shirts, Dresses, Others), by Segment (Mass Market, Standard, Premium), by Consumer Type (Men, Women, Children), by Distribution Channel (Specialty Stores, Department Stores, Hypermarkets & Supermarkets, Online, Exclusive Stores) - Global Forecast to 2027"

On the basis of distribution channel, the global denim market is categorized into specialty stores, department stores, hypermarkets & supermarkets, online, and exclusive stores. During the forecast period, the online distribution channel is expected to register the fastest growth in the denim market owing to the rapidly growing e-commerce industry around the globe, with the populace inclining toward online shopping.

Global Denim Market Segmentation Analysis

Segment

Categorization

Leading Category

Product

Jeans, Jackets & Shirts, Dresses, Others

Jeans (Largest)

Segment

Mass Market, Standard, Premium

Mass Market (Largest)

Consumer Type

Men, Women, Children

Men (Largest)

Distribution Channel

Specialty Stores, Department Stores, Hypermarkets & Supermarkets, Online, Exclusive Stores

Online (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

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“North America to hold the largest regional market share in 2020.”

North America is the largest revenue contributor in the denim market. The growing demand for superior-quality clothing, rising disposable income, and increasing promotion of denimwear by celebrities are the key factors driving the growth of the market in the region.

Some of the major players in the global denim market include Levi Strauss & Co., The Gap Inc., VF Corporation, H & M Hennes & Mauritz AB, PVH Corp., Kering, Pepe Jeans, S.L., Bestseller A/S, and U.S. Polo Assn.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Product, Segment, Consumer Type, Distribution Channel, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Levi Strauss & Co., The Gap Inc., VF Corporation, H & M Hennes & Mauritz AB, PVH Corp., Kering, Pepe Jeans, S.L., Bestseller A/S, and U.S. Polo Assn

Global Denim Market Coverage

Product Insight and Forecast 2015-2027

  • Jeans
  • Jackets & Shirts
  • Dresses
  • Others

Segment Insight and Forecast 2015-2027

  • Mass Market
  • Standard
  • Premium

Consumer Type Insight and Forecast 2015-2027

  • Men
  • Women
  • Children

Distribution Channel Insight and Forecast 2015-2027

  • Specialty Stores
  • Department Stores
  • Online
  • Hypermarkets & Supermarkets
  • Exclusive Stores

Geographical Segmentation

Denim Market by Region

North America

  • By Product
  • By Segment
  • By Consumer Type
  • By Distribution Channel
  • By Country – U.S., Canada, and Mexico

Europe

  • By Product
  • By Segment
  • By Consumer Type
  • By Distribution Channel
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Product
  • By Segment
  • By Consumer Type
  • By Distribution Channel
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product
  • By Segment
  • By Consumer Type
  • By Distribution Channel
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries