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Global Denim Jeans Market Research 2017: Industry Analysis with Growth Forecast till 2022

06-11-2018 03:09 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

Denim Jeans Market: Sales Through Discount Stores to Generate Significant Revenues

As the perception about executive wears is changing in the workplace, jeans will continue to witness significant demand as a casual wear. In order to cater to the demands of customers, the manufacturers in the textile industry are mainly focusing on offering textile products that are convenient to wear, durable, and comfortable. Also, leading brands are integrating innovative solutions in the denim jeans products for product differentiation and innovation. Incorporation of advanced features such as moisture absorption, and color resistance has differentiated denim jeans from the other textile products offered in the global market. In addition, leading manufacturers are integrating the advanced fabric technology, which further adds to the degree of stretch in denim jeans.

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Of particular significance is spurt in the sales of jeans attributed to expansion of the online portals in the global market. Sales of denim jeans is likely to remain high through the online portals as it allows the customers to access range of products by various retailers. Through the online portals, the customers can conveniently browse through different types of jeans such as skinny, boot-cut, slim, tapered, and low waist. Leading companies and brands also offer range of denim jeans products at a discounted price in order to gain a competitive edge. However, customers are increasingly spending on skin tight jeans, which has led to cases of nerve damage, abdominal pain, and blood clot.

Over US$ 4,000 Mn Opportunity in Global Denim Jeans Market

According to Fact.MR, the global denim jeans market is expected to reach a value of more than US$ 4,000 Mn by the end of 2026. The leading brands and companies are focusing on product innovation strategies in order to gain a competitive edge over the other market players in the global market. As the leading companies are concentrating on product differentiation, the manufacturers are witnessed to be blending synthetic fibers and cotton to offer ultra-stretch jeans for perfect fitting. The textile manufacturers are also incorporating innovative fabric technology such as high-quality polyester and double beam textile to offer denim jeans products that have bi-stretch features.

As the need for casual wears in the workplace arises, demand for denim jeans is expected to remain high globally. In terms of revenue, the regular denim jeans is expected to witness the highest growth in the global market. However, the slim fit jeans will continue to witness the fastest growth throughout 2026. Women are likely to remain the major end users for denim jeans as compared to the men and kids. In terms of revenue, the sales of denim jeans products will continue to remain high through general clothing independent boutiques by the end of 2026.

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Leading players operating in the global market include Hennes & Mauritz AB, VF Corporation, Industria de Diseño Textil SA, True Religion Apparel Inc., PVH Corporation, Brooks Brothers Group, Inc., Levi Strauss & Co, LVMH Moët Hennessy Louis Vuitton SE, AG Adriano Goldschmied Inc, American Apparel Inc., FAST RETAILING CO., LTD, Guess, Inc, Gap, Inc., and Esprit Holdings Ltd.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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