Press release
With 4% CAGR, Denim Jeans Are Expected To Accumulate A Market Value of US$ 152 Billion by 2032
The global denim jeans market is expected to garner a market value of US$ 102.69 Billion in 2022 and is expected to accumulate a market value of US$ 152 Billion by registering a CAGR of 4% in the forecast period 2022-2032.Growth of the market can be attributed to increasing demand for sustainable manufactured denim jeans. The market for denim jeans registered a CAGR of 2.6% in the historical period 2017-2021. The U.S., China, and a few European countries are majorly driving demand for denim jeans.
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Market Competition
• In May 2020, Albini Group has partnered with HeiQ to get access the antimicrobial technology and developed VIROFORMULA fabrics which protect from viruses and bacteria.
• In September 2020, US Denim Mills launched the "Safe for US" an antimicrobial denim collection in collaboration with Marina Enterprises in China, ICI in Pakistan, Rudolf in Germany and Arcoma and HeiQ in Switzerland.
• In October 2020, Levi's has launched Levi's SecondHand platform, a buy-back and resale platform to sell its denim jeans.
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Key Companies Profiled
• Hennes & Mauritz AB
• VF Corp
• Industria de Diseño Textil SA
• True Religion Apparel, Inc.
• PVH Corp
• 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.
Key Segments Profiled in the Denim Jeans Industry Survey
• By Product :
o Regular Fit
o Slim Fit
o Loose Fit
• By Price Range :
o Super Premium
o Premium
o Standard
o Pocket-friendly
• By End User :
o Men
o Woman
o Children
• By Sales Channel :
o Departmental Stores
o Variety Stores
o General Chains
o Specialist Jeans Chains
o General Clothing Independent Boutiques
o Specialist Jeans Independent Boutiques
o Discounters
o Modern Trade
o Online Retail
o Others
• By Region :
o North America
o Latin America
o Western Europe
o Eastern Europe
o APEJ
o Japan
o Middle East & Africa
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Questionnaire answered in the Denim Jeans Market report include:
• How the market for Denim Jeans has grown?
• What is the present and future outlook of the global Denim Jeans on the basis of region?
• What are the challenges and opportunities for the Denim Jeans?
• Why the consumption of Denim Jeans highest in region?
• In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
• MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Denim Jeans market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Denim Jeans market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Denim Jeans market and assists to create strategies to overcome the obstacles that may hinder the growth of the Denim Jeans market.
• Leverage: The Denim Jeans market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Denim Jeans market.
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