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Global Premium Denim Jeans Market to Exhibit 8% CAGR from 2017 to 2021

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Published on : Dec 11, 2017

ALBANY, New York, December 11, 2017: A report recently added to the vast and ever-rising research report portfolio of ResearchMoz.us covers the present growth dynamics of the global market for premium denim jeans. The report is titled “Global Premium Denim Jeans Market 2017-2021.” The report states that the global premium denim jeans market will exhibit a CAGR of more than 8% over the period between 2017 and 2021.

The massive rise in interest for denims is upheld by the dynamic working environment morals that enable employees to work in casual clothing, including denim jackets and denim pants. The detailed analysis of the global premium denim jeans market in this report observes this trend as one of the essential development factors for the global premium denim jeans market. Large enterprises such as Google, Zappos, Facebook, and Twitter allow their employees to dress in casual clothing at workplaces, including jeans. Several women also prefer denim jeans over workpants owing to issues related to their right fitting.

In terms of end-user, the report segments the global premium denim jeans market into men, women, and children. Of these, the segment of women will emerge as the leading contributor of revenue to the overall market over the report's forecast period. The segment will dominate owing to the high inclination of women towards premium brands and the will to spend more on branded products. Moreover, women also show more interest in the trendiest fashion when it comes to clothing. Owing to the rising number of women in workplaces, the demand for premium denims jeans from women will continue to rise in the next few years as well.

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From a geographical standpoint, the study segments the global premium denim jeans market into regions such as Americas (North and South America), Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA). Of these, the market in Americas will emerge as the market with the dominant share in terms of revenue contribution to the global market, chiefly owing to the high purchasing powers in countries such as Canada and the U.S.

In the denim industry, several denim manufacturers are working together with leading brands to accomplish objectives that are mutually favorable. Levi Strauss and Co, one of the leading denim manufacturers, teamed up with Off-White, a leading company in the field of streetwear fashion, to add to its highly popular classic denims with expert designing guidance of Off-White to develop innovative designs to be effective in the global market. A rising number of such strategic collaborations is projected to emerge as the key factor driving the global market for premium denim jeans.

The vendor landscape of the global premium denim jeans market is exceedingly concentrated owing to the presence of several regional as well as international companies. Owing to the rising intensity of competition, leading players in the premium denim jeans market are concentrating on product innovation, and contend strongly on the basis of product quality, costing, brand value, and variety. Key players are ruling the designer pants market because of high focus on R&D and ceaseless endeavors to launch new products.

Some of the leading players in the market are Levi Strauss and Co, Kering, LVMH, PVH, Gap, DIFFERENTIAL BRANDS, GUESS?, AG Adriano Goldschmied, NAKED AND FAMOUS DENIMS, Giorgio Armani JACOB COHEN, PAIGE, Ermenegildo Zegna Holditalia, DL1961, and34 HERITAGE.

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