Published on : Jun 23, 2017
Albany, New York, June 23, 2017: The comprehensive report on global denim jeans market offers in-depth insight into the current market status, key drivers and restraints, notable demand shifts, market share and size of major manufacturers, and competitive dynamics. The study highlights favorable textile policies of governments in major regions and assesses the impact on emerging opportunities for manufacturers of denim jeans.
The research analyzes recent trends in fashion among corporates and entrepreneurs and evaluates their impact on emerging demand. The report covers recent advancements in manufacturing technologies which have led to diversified products with superior stretch performance. In addition, the study highlights recent innovations in material designs and their impact on competitive dynamics. The major regions covered in the report are Africa, Europe, Asia, South America, and North America, with a focus on countries such as China and Japan.
The denim jeans market is primarily driven by the rapid evolution of demand for branded as well as unbranded jeans among men and women, especially in metro and mega-metro cities, world over. The rising disposable incomes of people in urban and semi-urban areas, coupled with fast changing buying patterns for casual wear, is a crucial factor boosting the denim jeans market.
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The growing number of women in the workforce has led to a new target consumer, thereby opening up exciting opportunities in the denim jeans market. The growing prominence of jeans as executive wear among men is a crucial factor catalyzing the market. Recent technology advancements have led to the launch of denim jeans with eco-friendly fabrics and sophisticated weaving patterns. In addition, the soaring popularity of blue denim jeans as staple casual wear is expected to fuel the growth of denim jeans market in key regions.
The rapidly increasing demand for casual fashion apparel among people in several developing nations and the growing adopting of unbranded casual wear are expected to positively impact the denim jeans market in these regions. A large number of retailers are actively consolidating their distribution and supply chains to gain a competitive edge over others, which has resulted in increased penetration of the market in rural areas. This is expected to bode well for the market growth.
Growing environmental awareness among consumers has led to the demand for jeans made with organic raw materials. This is expected to unlock new opportunities for market players in the forthcoming years. Furthermore, novel blends of fiber and digitally printed designs are expected to attract more consumers in developing regions. In addition, the emerging fashion fad among youth population is feeding the demand for denim jeans with premium pricing, thereby favorably impacting the market.
Major companies vying for a significant share in the denim jeans market include Edwin, H & M Hennes & Mauritz AB, Parasuco Jeans Inc., Gap Inc., Industria de Diseño Textil, S.A., Uniqlo Co., Ltd., PVH Corp., VF Corporation, and Levi Strauss & Co.
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