Denim Market Forecasted to Cross $79,211 Million by 2023: P&S Intelligence

New York, New York, UNITED STATES

Denim Market by Product (Jeans, Jackets & Shirts, Dresses), by Segment (Mass Market, Standard, Premium), by Consumer Type (Men, Women, Children), by Distribution Channel (Specialty Stores, Department Stores, Hypermarkets & Supermarkets, Online, Exclusive Stores), by Geography (U.S., Canada, Germany, France, U.K., Italy, Spain, Netherlands, Russia, Belgium, China, Japan, India, Philippines, South Korea, Australia, Pakistan, New Zealand, Thailand, Malaysia, Vietnam, Brazil, Mexico, Turkey, U.A.E., Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2013 – 2023

NEW YORK, Oct. 10, 2018 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, 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.

Request to get the sample pages of the report:

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. Apart from wide acceptance of trending styles, the traditional blue jeans are still witnessing considerable adoption across the globe.

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.

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.

Browse report overview with 78 tables and 58 figures spread through 140 pages and detailed TOC on "Denim Market - Global Market Size, Share, Development, Growth and Demand Forecast, 2013 – 2023” at :

Globally, online mode has emerged as a preferred distribution channel for denim vendors, as the channel enables vendors to provide customized denim products as per the customer’s requirements of size and color. Apart from this, premium denim designers are also leveraging the advantage of e-commerce by offering special category designs on popular sites like Amazon,,, and Flipkart, and setting-up exclusive sections dedicated to their collections.

The popularity of Chinese clothing fabric sets a strong evidence that China is improving the durability and quality of cloth material, and offering it at much lower price than other suppliers in the world. This in turn helps nearby countries, such as India, Vietnam, and Pakistan, to include denim products in regular and mass clothing variants, that too with minimum import efforts. This factor further creates an opportunity for the growth of denim market in APAC at a larger scale.

Make enquiry before buying the report:

The players in the denim market are trying to improve their supply chain network to maximize profits through partnerships with supply chain experts. 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.

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.

More Reports by P&S Intelligence

Mattress Market

Global mattress market is forecasted to attain the value of $38,976 Million by 2023. The market has been witnessing robust growth, mainly due to the factors, such as growing disposable income, increasing population and rising migration from rural to urban areas.

Diaper Market

Global diaper market is projected to reach $84,317.6 million by 2023. Increasing demand for comfortable and high-absorbent diapers for both babies and adults, increasing number of women workforce, rising adult population, increasing use of biodegradable diapers and growing awareness among populace about personal hygiene, are the major factors driving the growth of the market.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

P&S Intelligence

Toll-free: +1-888-778-7886 (USA/Canada)

International: +1-347-960-6455



Connect with us: LinkedIn | Twitter | Google + | Facebook