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Denim Market to Witness the Highest Growth Globally in Coming Years

Transformation of Asian retail clothing industry, growing e-commerce industry and expansion of organized retail is driving the denim market globally.

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Denim Market to Witness the Highest Growth Globally in Coming Years

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  1. Denim Market Denim Market

  2. Denim Market Global Denim market is expected to reach $79,211.0 million by 2023. Transformation of Asian retail clothing industry, growing e-commerce industry and expansion of organized retail is driving the market globally. Based on distribution channel, the denim market has been categorized into specialty stores, department stores, hypermarkets and supermarkets, online, and exclusive stores. Of these, the specialty stores held the largest market share of around 23% in 2017, owing to the fact that these stores offer various brands under one roof and attractive pricing to lure customers. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/denim-jeans-market/report-sample The denim market in APAC is expected to witness fastest CAGR of over 10%, during 2018–2023. The rising disposable income of people, expanding base of working-class population, availability of ample amount of raw materials and cost-friendly labor resources, as well as increasing government initiatives in countries like India, China, and Vietnam are the key factors contributing to the growth of market in the region. On the basis of product, the denim market has been categorized into jeans, jackets and shirts, dresses, and others, wherein others include tops and shorts. Out of these, the market for jeans held a share of more than 75% in 2017, owing to trending styles in jeans such as cropped jeans, mom jeans, distressed and rugged jeans, globally. The players in the denim market are trying to improve their supply chain network to maximize profits through partnerships with supply chain experts. 2 © P&S Intelligence. All rights reserved

  3. Denim Market For instance, in March 2017, PVH Corporation entered into an agreement with Li & Fung Trading Limited, through which the company targets to enhance its ability to make its products available to customers well in time. Explore Full Report Description At@ https://www.psmarketresearch.com/market- analysis/denim-jeans-market Some of the key players operating in the denim market are Levi Strauss & Co., The Gap Inc., VF Corporation, H & M Hennes & Mauritz AB, PVH Corp, Kering, Pepe Jeans S.L., Bestseller A/S, U.S. Polo Assn. Global Denim Market Segmentation By Product Jeans Jackets and Shirts Dresses Others (includes tops and shorts) • • • • By Segment Mass Market Standard Premium • • • By Consumer Type Men Women Children • • • By Distribution Channel 3 © P&S Intelligence. All rights reserved

  4. Denim Market Specialty Stores Department Stores Hypermarkets and Supermarkets Online Exclusive Stores • • • • • 4 © P&S Intelligence. All rights reserved

  5. Denim Market Disclaimer: P&S Intelligence always keeps customers interest at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. P&S Intelligence does not endorse any product, service or vendor depicted in its research publications. All intellectual property, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service, report or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including and not limited to, all forms of optical-based media, magnetic, electronic, or digital without a written permission from P&S Intelligence. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 5 © P&S Intelligence. All rights reserved

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