Europe Denim Market To Register Significant Growth Globally By 2032

Denim Market is Anticipated to Reach USD 111.75 Billion by 2032 at 61.26% CAGR By 2023-2032

Denim Market Overview

The global Denim Market is registered to grow a market share of 16.26% CAGR by 2032 and is further predicted to grow to approximately USD 111.75 Billion during the forecast period. Denim jeans are considered one of the youth's popular attires due to their durability, comfort, and simplicity of wear.

Today, the Europe denim market stands as a dynamic ecosystem characterized by a diverse range of players, from heritage brands to fast-fashion retailers and sustainable startups. Countries like Italy, Turkey, and Spain lead the production of denim garments, boasting advanced manufacturing capabilities and a rich heritage of craftsmanship.

The demand for the global Denim Market is driven due to improving the standards of living of people and significant growth in the fashion industry. However, the global denim market size is expected to get hampered due to several reasons, such as increasing pervasiveness for inexpensive woolen wear, variance in raw material cost, availability of alternatives in the market, and changing consumer preferences and fashion.

Global Denim Market – Competitive Analysis

Highly competitive, the global natural denim fabric market appears well-established due to the presence of several key players. The market looks fragmented, with a plethora of similar offerings available locally as well as internationally. To gain a substantial share in the market, players incorporate strategic initiatives such as mergers & acquisitions, expansion, and product/technology launch.

Manufacturers use social media platforms to run promotional activities and to create awareness among the consumers about a new product launch. They partner with e-commerce platforms to strengthen their network and increase sales.

Major Players:

Players leading the global denim market include Inditex (Spain), American Eagle Outfitters Inc. (U.S.), Levi Strauss & Co. (U.S.), Uniqlo Co. Ltd (Japan), Hennes & Mauritz AB (Sweden), PVH Corp. (U.S.), Gildan Activewear Inc. (Canada), Citizen of Humanity LLC (U.S.), AG Adriano Goldschmied Inc. (U.S.), and VF Corporation (U.S.), among others.

Market Segmentation

The global denim market overview is classified on the basis of distribution channel, consumer group, and type.

Based on the consumer group segment, the global market for denim has been classified into female and male segments. Of these, the women's segments are generating significant market share because of the rising number of product launches for women with specific designs and the rising demand for skinny fit jeans among women.

On the basis of the fitting type segment, the global market for denim has been segregated into slim fit, loose fit, and others. Of these, the slim fit segment is predicted to generate the largest market share during the forecast period due to its perfect fit size and ability to provide a good body shape.

Based on the product type segment, the global market for denim has been segmented into bottom wear, top wear, and bags and accessories. The global denim market has been divided based on sales channels such as online and offline, specialty stores, hypermarkets and supermarkets, and department stores.

Regional Analysis

The global denim market has covered various geographical locations such as North America, Europe, Asia-Pacific, and the rest of the world.

Furthermore, the projection period is expected to see the North American region's denim market dominate due to rising disposable income and desire for high-quality clothing.

The fastest-developing regional denim market size is predicted to be the Asia-Pacific region during the research period. This region is expanding due to the growing purchasing power of the people in it.

Thus, many popular brands in denim market trends, including VF, ITG, American Eagle, Levi Strauss, and Perry Ellis Outfitters, are developing businesses in the local market, which is propelling the Asia-Pacific regional market growth.

Industry News

For instance, in Jan 2022, the prominent player Levi's announced its cooperation with its denim users. It has aimed to release a set of co-branded apparel with the support of Nintendo's Pokémon. Moreover, a denim trucker jacket was disclosed by the company that includes Pokémon designs highlighting animals like Mewtwo, Psyduck, Ekans, Diglett, Squirtle etc.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.


Joh Stark

528 Blog posts

Comments