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Global Denim Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
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Global Denim Fabric Market Is Valued At USD 17103 Million In 2018
Denim is a textile of sturdy cotton warp-faced twill in which the weft passes under two or more warp threads. It is a characteristic of most indigo denim that only the warp threads are dyed, whereas the weft threads remain plain white.
The global consumption of denim fabric increases from 6017 million meters in 2014 to 6859 million meters in 2018, at a CAGR of more than 2.66%. In 2018, the global denim fabric market is led by Asia, South America, Europe and North America. At present, the major manufacturers of denim fabric are concentrated in China and India.
The global Denim Fabric market is valued at USD 17103 million in 2018 and is expected to reach USD 25647 million by the end of 2026, growing at a CAGR of 6.99% between 2018 and 2026.
In terms of volume, the Global Denim Fabric market sales was 6859 Million Meters in 2018, and is predicted to reach 8631 Million Meters in 2026, with a CAGR 4.70% from 2018 to 2026.
Denim Fabric downstream is wide and recently denim fabric has acquired increasing significance in various fields of clothing, household items, cowboy accessories and many other fields. Globally, the denim fabric market is mainly driven by growing demand for clothing.
Jeans accounts for nearly 65% of total downstream consumption of denim fabric. In global, Currently China and India have become the fastest growth and largest market of global denim fabric industry.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, denim fabric consumption will show a trend of steady growth. In 2026 the production of denim fabric is estimated to be 8631 million meters, and the consumption increasing degree will be high.
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