Report ID: SQSG25K2018
Report ID:
SQSG25K2018 |
Region:
Global |
Published Date: February, 2024
Pages:
265
|
Tables:
62 |
Figures:
75
North America dominated the global market with a significant market share and is expected to maintain its dominance throughout the forecast period owing to rise in the women’s wear industry and rapid expansion in the revenue of retail sales in the apparel sector during the forecast period in the region. For instance, in 2021, US apparel retail sales revenue was around USD 264 billion, noting a significant increase of more than 36% from the year 2020. Importantly, the growth continues in the year 2022, on YTD basis, the apparel retail sales haven surged by over 13% in the period of January to April. This continuous growth in the sales revenue is expected to impact global denim jeans market positively.
Moreover, Asia Pacific is expected to be the fastest growing region in the global denim jeans market over the forecast period. The denim jeans industry has seen a significant growth in the countries like India and China, as shoppers focus on the product quality, comfort and style. These developing countries has a huge number of young generation people, for example in India, about 65% of people are below 35 years of age, which stimulates the jeans market due to the exposure of latest denim jeans collection by design and quality. In addition, increasing number of international brands retail stores and specialty stores in the region is a key factor boosting the market growth.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONDenim Jeans Market size was valued at USD 70.71 billion in 2019 and is poised to grow from USD 75.09 billion in 2023 to USD 129.04 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQSG25K2018