ResearchAndMarkets.com has released the “Denim Jeans – Global Strategic Business Report.” This report reveals that the global denim jeans market was valued at $74.0 million in 2023 and is projected to reach $114.6 million by 2030, growing at a CAGR of 6.4% from 2023 to 2030. It offers a detailed analysis of market trends, drivers, and forecasts to aid in strategic decision-making.
Key Drivers of Market Growth:
- Fashion Appeal: The enduring popularity and versatility of denim sustain its demand.
- Rising Incomes: Increased disposable incomes and evolving fashion trends among younger consumers drive market growth.
- Technological Advancements: Innovations in fabric production and sustainable practices attract eco-conscious buyers.
- E-commerce Expansion: Online retail boosts accessibility and sales.
- Brand Collaborations: Partnerships with designers and influencers enhance denim’s global appeal.
Why This Report is Valuable:
- In-Depth Analysis: Comprehensive examination of the global denim jeans market across regions and segments.
- Competitive Landscape: Insights into major players and their market presence.
- Future Trends: Key trends and drivers influencing market evolution.
- Actionable Insights: Data to identify new opportunities and guide strategic decisions.
Key Findings:
- Growth Segments: The Offline Sales Channel is projected to reach $77.0 million by 2030 with a 4.2% CAGR, while the Online Sales Channel is expected to grow at a 12.8% CAGR.
- Regional Insights: The U.S. market is estimated at $21.1 million in 2023, with China expected to grow at a 9.0% CAGR to reach $25.9 million by 2030. Trends in other regions like Japan, Canada, Germany, and Asia-Pacific are also explored.
Report Highlights:
- Market Data: Annual sales and forecasts from 2023 to 2030.
- Regional Analysis: Detailed insights into key markets globally.
- Company Profiles: Information on major brands such as Levi Strauss & Co., H&M, and more.
- Updates: Free updates for one year.
Market Dynamics:
- Sustainability Trends: Increased focus on eco-friendly practices and sustainable production methods.
- Fashion Trends: Innovations in denim styles and the influence of street fashion and celebrities.
- Challenges: Competition from substitutes and the impact of athleisure on denim sales.
Featured Players:
- 7 For All Mankind
- Aarvee Denims & Exports Limited
- Diesel S.p.A
- Levi Strauss & Co.
- Gap Inc.
- H&M Hennes & Mauritz AB
- And many more.
For more details, visit ResearchAndMarkets.com.
