The global denim jeans market size is expected to reach USD 102.45 billion by 2025 registering a CAGR of 6.81%, according to a new report by Grand View Research, Inc. Growing target population across the globe along with a rise in consumer disposable income levels, especially in emerging countries, is projected to drive the market over the forecast period. In addition, improving standards of living and constant product innovations in the market will drive the demand further.
The offline distribution channel is projected to be the largest segment over the next few years. Rising number of design stores, fashion stores, specialty stores, etc. are contributing to the product sales through offline channels. The North America regional market is anticipated to account for the largest revenue share by 2025 due to the rise in the sales of retail products in the clothing market. In U.S., the retail sales of apparels surpassed USD 15.21 billion in 2017.
Most of the major manufacturers have undertaken several business strategies, such as geographical and capacity expansion, technological and product innovation, M&A, and R&D investments, to boost their sales. Some of the key companies in the denim jeans market are Levi Strauss & Co.; VF Corp.; The Gap, Inc.; H&M Hennes & Mauritz AB; Kering S.A.; Pepe Jeans S.L.; PVH Corp.; Bestseller A/S, and U.S. Polo Assn.
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Further key findings from the study suggest:
- Rapidly expanding apparel and clothing market, particularly in developed countries, is expected to propel the market growth
- In terms of revenue, men end user segment is projected to account for the largest share of the global market by 2025
- Offline distribution channel segment led the global denim jeans market in 2018 and accounted for a share of more than 85%
- North America was the dominant regional market in 2018 and is projected to expand further at a steady CAGR from 2019 to 2025
- However, APAC is projected to register the fastest CAGR during the forecast years due to increasing consumer disposable income levels in India, South Korea, China, and Japan
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Key Topics Covered
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Denim Jeans Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
…continued
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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