Premium Denim Jeans Market is expected to grow at 6.81% CAGR during the forecast period 2019 to 2025
Published | 04 October 2019
According to BlueWeave
Consulting, The Global Premium Denim Jeans Market is anticipated to grow at a
significant rate during the forecast period. The size of the global denim jeans
market was valued at USD 64.62 billion during the year 2018. The market is
expected to expand further by growing at a CAGR of 6.81% during the forecast
period 2019 to 2025.
The increasing number of
target populace over the globe and ascend consumer disposable income levels,
particularly in rising nations like India and China, are anticipated to be among
the key development driving components for the market. The impact of the
web-based life stages is additionally expected to spike the market development.
Besides, developing attire advertise over the globe with the presentation of
premium and marked items is probably going to significantly affect denim pants
showcase improvement. Significant producers have attempted a few business
methodologies, for example, geological and limit extension, M&A, and
R&D, to support their deals.
Additionally, the inventive
item structures and expanding interest for clothes in the market are likewise a
portion of the central point driving the exceptional denim jeans market over
the globe. The significant players in the market are Giorgio Armani, GAP,
DL1961, GUESS, 34 Heritage, Ermenegildo Zegna Holditalia, among others.
Offline
sales channel from the sales channel section holds the largest share in the
Global Premium Denim Jeans Market during the forecast period
Offline sales channel from
the sales channel section holds the largest share of the overall industry of
over 85% in the year 2018. Ascend in the number of design stores and claim to
fame and retail establishments have contributed altogether to the section
development. In addition, the accessibility of top-notch practical items in
this portion will add to the development over the estimate time frame. Then
again, the online deals channel section is anticipated to witness the quickest
CAGR of 10.04% over the figure time frame. The market is driven by the rising
number and prominence of online business sites, for example, Myntra, Amazon,
and Flipkart, offering a wide scope of items. Besides, expanding the number of
web and cell phone clients is probably going to help the item deals through
online channels, in this way increasing section development.
The
men's segment from the end-user section holds the largest market share in the
Global Premium Denim Jeans Market during the forecast period
The men's segment from the
end-user section holds the largest market share in the overall industry of over
55% in 2018. The fragment will hold its driving situation all through the
figure for a long time because of the improved ways of life and interest in
vogue style array. Items, for example, fixed and studded pants, are picking up
acknowledgment in the men's wear market.
North
America is foreseen to represent the biggest share in the Global Premium Denim
Jeans Market during the forecast period
North America is foreseen to
represent the biggest share of the overall industry throughout the following
couple of years. It will keep up its prevailing situation over the figure time
frame because of development in the income of retail deals in the clothing
market. Moreover, rising ladies' wear showcase in the locale is likewise adding
to the market development. Significant brands, for example, VF, Perry Ellis,
Levi Strauss, ITG, and American Eagle Outfitters, are entering the developing
markets of this area because of high development potential because of expanding
purchaser discretionary cash flow levels. Furthermore, high item request
because of changing ways of life will bolster the market development.
Global
Premium Denim Jeans Market: Competitive Insight
The major players in the
Global Premium Denim Jeans Marke include prominent names like Pepe Jeans S.L.;
PVH Corp.; Bestseller A/S, and U.S. Polo Assn, Levi Strauss & Co.; VF
Corp.; The Gap, Inc.; H&M Hennes & Mauritz AB; Kering S.A.; among
others. Major denim jeans companies are focussing on launching new products in
order to stay competitive and strong in the market. Other competitive
strategies include mergers & acquisitions and new product developments.
Browse Detailed Analysis
with TOC, “Global Premium Denim Jeans
Market, by End-User (Men, Women, and Kids), by Retail Format (Hyper markets, Specialty
stores, Departmental Stores and Other Retailers), by Sales Channel (offline and
online channel), by Regional Outlook (U.S., Rest of North America, France, UK,
Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia,
Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest
of Latin America) – Market Insights, Growth, Size, Comparative Analysis, Trends
and Forecast, 2015-2025”
At
The in-depth analysis of the
report provides the growth potential, upcoming trends and statistics of global
Premium Denim Jeans market size & forecast. The report promises to provide
state-of-the-art technology of Premium Denim Jeans production and industry
insights which help decision makers to take sound strategic decisions. Furthermore,
the report also analyzes the market drivers and challenges and competitive
analysis of the market.
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