Denim Jeans Market will Reach Revenues Worth US$ 152 Billion by 2031

Market value of denim jeans has projected around 3% CAGR for denim jeans during 2021-2031, with the market valuation expected to reach US$ 152 Bn by 2031. In terms of volume, demand is expected to increase at around 4% CAGR over the same period. The U.S., China, and a few European countries are majorly driving demand for denim jeans.

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Key Segments Covered of Market

Product
Regular Fit Denim Jeans
Slim Fit Denim Jeans
Loose Fit Denim Jeans

Price Range
Super Premium Denim Jeans
Premium Denim Jeans
Standard Denim Jeans
Pocket-friendly Denim Jeans

End User
Denim Jeans for Men
Denim Jeans for Woman
Denim Jeans for Children

Sales Channel
Denim Jeans Sold at Department Stores
Denim Jeans Sold at Variety Stores
Denim Jeans Sold at General Chains
Denim Jeans Sold at Specialist Jeans Chains
Denim Jeans Sold at General Clothing Independent Boutiques
Denim Jeans Sold at Specialist Jeans Independent Boutiques
Denim Jeans Sold at Discounters
Denim Jeans Sold through Modern Trade
Online Retail Sales of Denim Jeans Sold at
Others

Regions
North America
Latin America
Europe
Japan
APAC
MEA

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Some Notable Offerings by Fact.MR Report on Denim Jeans market:

• Fact.MR will provide you an analysis of the extent to which this Denim Jeans market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

Some of the Denim Jeans Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
• Details regarding latest innovations and development in Denim Jeans and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Denim Jeans Market .
• Insights about adoption of new technologies and its influence on the Denim Jeans market Size.
• Overview of the impact of COVID-19 on Denim Jeans Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Denim Jeans Market during the forecast period.

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Which is the Leading End User of Denim Jeans?
Denim jeans for women accounts for more than 3/5 market share, and is growing at over 3% CAGR. Nearly 35% of sales are accounted by women consumers.

Men and children account for nearly 40% market share collectively, which is showing growth of around 2.2%. North America and Europe hold majority share of over 60% collectively in the men’s segment.

Which Sales Channel Accounts for Most Sales of Denim Jeans?
Sales of denim jeans through discounters are expected to exhibit a growth rate of around 4.2% CAGR.

In the short term, online retail is expected to gain enormous market share due to the consumers’ inclination towards convenience shopping. Also, during the pandemic, online denim jeans sales gained significant traction owing to the closure of physical sales points.

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Key Takeaways from Market Study

The global market for denim jeans is anticipated to grow 1.2X from 2021 to 2031.
Regular fit jeans capture more than 45% market share, and are set to create an absolute $ opportunity of US$ 1.3 Bn over 2021-2031.

Among the end users, demand from women has been growing at the fastest pace, and more than 3% CAGR is expected for the forecast period.

North America is set to dominate market revenue in 2021, and is expected to grow from 1.5 Bn units in 2020 to nearly 2.6 Bn units by 2031.

The market in China and India is expected to rise at over 4% CAGR during the forecast period.

Due to the COVID-19 crisis, demand for denim jeans was hit in 2020, which saw a net decline of around 1.3% over the 2nd and 3rd quarters.

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