According to MarkNtel Advisors study the Global Denim Jeans Market is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30.
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Key Findings of the Study: Denim Jeans market
Global Denim Jeans Market Driver
Growing Retail Footprint in the Denim Jeans Industry Leading to Robust Market Expansion – The proliferation of retail space on a global scale has played a pivotal role in boosting the Denim Jeans Market growth. This expansion is attributed to the continuous growth of the global retail sector, driven by robust economic development and the ongoing trend of urbanization. Traditionally, denim jeans have primarily been distributed through conventional retail channels, including brick-and-mortar stores, branded retail chains, and convenience stores.
Multi-brand retailers like Kroger and Walmart offer consumers a diverse variety of denim brands to choose from, expanding options. Furthermore, many retailers are actively seeking to broaden their international reach, which is expected to provide further impetus to market expansion in the foreseeable future.
Global Denim Jeans Market Challenge
Impact of Fast Fashion & Shifting Style in the Denim Jeans Market – The industry faces the arduous task of keeping pace with the breakneck speed at which fashion preferences evolve and the "see now, buy now" expectations of consumers. With the proliferation of fast fashion brands & the instant gratification culture enabled by e-commerce, denim manufacturers are pressured to produce new styles & designs at an unprecedented rate.
This constant cycle of production not only strains resources but also leads to issues related to overproduction, waste, and a lack of sustainability in the industry. Adapting to these ever-evolving market dynamics while maintaining quality & profitability is a complex challenge that denim jeans manufacturers would confront, thus impeding the Denim Jeans Market expansion.
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Scope of the Report and Denim Jeans Market Segmentation:
By Product Type
- Slim Fit- Market Size & Forecast 2019-2030F, USD Million
- Regular Fit- Market Size & Forecast 2019-2030F, USD Million
- Skinny Fit- Market Size & Forecast 2019-2030F, USD Million
- Loose Fit Jeans- Market Size & Forecast 2019-2030F, USD Million
- Others (Tapered Fit Jeans, Low Rise Jeans, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Price Point
- Economy- Market Size & Forecast 2019-2030F, USD Million
- Mid-range- Market Size & Forecast 2019-2030F, USD Million
- Premium- Market Size & Forecast 2019-2030F, USD Million
By Age Group
- Children & Infants (0-12 years)- Market Size & Forecast 2019-2030F, USD Million
- Teenagers & Young Adults (13-34 years)- Market Size & Forecast 2019-2030F, USD Million
- Adults (35-64 years)- Market Size & Forecast 2019-2030F, USD Million
- Elderly (65 years & above)- Market Size & Forecast 2019-2030F, USD Million
By End User
- Men- Market Size & Forecast 2019-2030F, USD Million
- Women- Market Size & Forecast 2019-2030F, USD Million
- Children- Market Size & Forecast 2019-2030F, USD Million
By Distribution Channel
- Specialty Stores- Market Size & Forecast 2019-2030F, USD Million
- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030F, USD Million
- Online- Market Size & Forecast 2019-2030F, USD Million
- Others (Departmental Stores, Apparel Stores, etc.) Market Size & Forecast 2019-2030F, USD Million
The Men category had a dominant force in the Denim Jeans Market in the past years and is presumed to capture a substantial share in the future years due to denim's versatility & timeless appeal.
Geographical Analysis:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
In recent years, the Asia-Pacific (APAC) region has risen as a dominant force in the Global Denim Jeans Market.
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