Consumer & Luxury Goods Market Research News

New report: Denim market to grow at a CAGR of about 6.5% from 2017 to 2025

New report: Denim market to grow at a CAGR of about 6.5% from 2017 to 2025

The author of the report analyzed that global denim market is anticipated to grow at a CAGR of about 6.5% from 2017 to 2025.

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Research N Reports brings key comprehensions on the subject of global Denim Market in its latest report titled Denim Market by Type (Essential Function, Aesthetic Embellishment, and Image Projection); by Product (Light Denim, Medium Denim, and Heavy Denim); by Application (Jeans, Shirt, Jacket, Shorts, Skirts, and Others); by Gender (Men, Women, and Children); by Distribution Channel (Specialty Stores, Department Stores, Hypermarket, and Supermarket); by Regions (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America) – Global Insights Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025’.

Peruse the complete report titled Global Denim Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025” at researchnreports.com/consumer-good…2017---2025-96201

Denim, one of the favorite apparel worn by every single person in this world. Also, the industry is the most fragmented industry of the apparel industry due to the stiff competition with its substitute products like cargos, khaki trousers, and cotton combat.

However, saturation in the market has led to the innovation of new fabrics and trends in the denim industry in the developing countries especially.

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Couture designers worldwide are attempting various experiments with the fabric to increase its value.

For instance, the introduction of four-way stretch, softer cotton, and other unique features such as heattech, anti-odor, and windproof lines in denim jeans will attract more female consumers over the forecast period.

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The specialty stores segment which offers wide variety of brands are attracting customers through their quality strategic merchandising and marketing initiatives. The deep competitive retail environment has constrained specialty store retailers to depend largely on advertisements and product promotions to maintain their sales.

Asia-Pacific is anticipated to be the fastest growing market for denim jeans and China is the fastest growing country in the region for this market. It is predicted that almost 70% of the individuals in the US own denim jeans and wear them regularly.

For future development, the denim market has put environment concerns on its agenda. Sustainable jeans are becoming more and more popular, it is not only a concept for the developed nations but are also gaining prominence in developing countries, including India and China.

Indian designers have developed eco-friendly denim that are manufactured using 100% organic cotton without using bleach.

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Some of the key players of the global denim market are Canatiba, Vicunha, Isko, Arvind, Aarvee, Nandan Denim, Levi Strauss, VF Corporation, PVH, Gap Inc., Uniqlo, Edwin, Diesel, Pepe Jeans, and Levi’s among others.

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