Global Premium Denim Jeans Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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Global Premium Denim Jeans Market: Overview
"The Premium Denim Jeans Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Denim jeans are the type of trousers which are made out of dungaree or denim material. They are most popular among youth and account for a major share as one of the fashion elements in the clothing industry. On the other hand, premium denim jeans are becoming one of the most significant and fastest growing segments in the clothing industry.
They are battered at fashion-conscious and brand customers who are prepared and ready to purchase them at best prices. Premium denim jeans are available in many designs, styles, colors, and materials. Premium jeans help deliver a style declaration by significantly improving an individual's fashion and appealing looks.
Global Premium Denim Jeans Market: Dynamics
Growing health concerns among consumers due to changing consumer’s lifestyles, higher per capita income level, rapid globalization, growing fashion for reprocessing of jeans from materials such as plastic and other materials, and higher inclination for best design labels product among middle class population are the factors expected to drive the market growth over the forecast period.
In addition, innovative in product designs and higher demand for clothes in the market is one of the other factor expected to drive demand of the premium denim jeans globally. Furthermore, increasing number of makers that have prominent fiber knowledge and allow them for offering denim jeans products for the athleisure and active wear besides the work wear and casualwear are among the other factors expected to drive growth of the target market.
However, higher costs coupled with changes in consumer lifestyle & preference, and the introduction of yoga pants and other active wear are the major factors that could restraining the growth of the target market to a certain extent.
Major trends observed in the global premium denim jeans market is recycling of jeans can be carried out from plastic and other materials.
Global Premium Denim Jeans Market: Segment Analysis
The retail format segment is sub segmented into specialty stores, hyper markets, departmental stores, and other retailers. The end user segment is sub segmented into women, men, and kids. Women segment is dominating due to increasing disposable income and increasing number of working women across the globe
Global Premium Denim Jeans Market: Regional Analysis
Currently, the market in North America accounts for the major share and is expected to drive growth over the forecast period as this region. This is primarily attributed to high level of buying power and higher standard of living conditions. Asia Pacific market in expected to register fastest growth shortly due to flow in digitization within the apparel industries and development as well as advancements in new denim knitting technologies are the factors expected to drive growth of the target market in Asia Pacific region over the next 10 years.
Global Premium Denim Jeans Market Segmentation:
Segmentation by retail format:
- Speciality stores
- Hyper markets
- Departmental Stores
- Other Retailers
Segmentation by end-user:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Differential Brand Group
- Naked and Famous Denims
- Jacob Cohen
- Ermenegildo Zegna Holditalia S.p.A.
- 34 HERITAGE
- DL1961 Premium Denim
- Giorgio Armani S.p.A.
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