Denim Fabric Market: Strategic Growth Outlook and Competitive Insight

According to a report by Allied Market Research, the global denim fabric market was valued at $18.1 billion in 2020 and is projected to reach $27.9 billion by 2030, growing at a CAGR of 4.4% from 2021 to 2030. The study offers an in-depth analysis of market dynamics, segmentation, regional trends, and the competitive landscape.

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Key Market Drivers & Restraints:

The market is primarily driven by the availability of denim fabric at affordable prices and shifting socio-economic preferences. However, market growth is restrained by price volatility of raw materials such as cotton, and environmental concerns tied to synthetic dyes. Conversely, the rise of biodegradable denim presents promising growth opportunities in the years ahead.

Market Segmentation Highlights:-

By Raw Material:

Cotton dominated the market in 2020, accounting for 92% of revenue, and is expected to maintain the lead with the highest CAGR of 4.5% through 2030.

By Fabric Type:

Raw denim held the largest share in 2020 (approx. one-third), while the stretch segment is forecasted to grow at the fastest CAGR of 5.2%.

By Region:

Asia-Pacific (APAC) led the market with nearly 80% of total revenue in 2020 and is projected to maintain dominance with the fastest regional CAGR of 4.6%.

Key Market Players

- Advance Denim Co., Ltd.
- Arvind Limited
- Bextex
- Cone Denim LLC
- HA-MEEM Group
- House of Gold, LLC
- Isko
- Modern Denim Ltd.
- Noman Group
- Raymond UCO Denim Pvt. Ltd.

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AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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