Global Denim Market is Expected to Reach US$ 16.2 Billion by 2015 - QY Research, Inc.
Price fluctuation of the upstream product is expected to impact the production cost of denim, which is ultimately projected to hamper the growth of the global denim market.
LOS ANGELES, LONDON, BEIJING and PUNE, India, October 16, 2018 /PRNewswire/ --
QY Research has published one more comprehensive report on the global denim market which will be useful for the key players as well as for the new entrants in the consumer goods industry in understanding business strategies. According to this report, the global denim market was valued US$ 12.7 Bn in 2017 and is expected to reach US$ 16.2 Bn by 2025 end, expanding at a CAGR of 3.1% during the forecasted period of 7-years, i.e. between 2018 and 2025.
(Logo: https://mma.prnewswire.com/media/719476/QY_Research_Logo.jpg )
Denim industry is known as a labor-intensive industry with low technology barrier. Currently, there is a huge number of denim producing companies across the globe. In the year 2016, the production of denim was 6990.2 meters with average growth of 5.21%, while the capacity utilization rate was 79.78% in the year 2015. Price fluctuation of the upstream product is expected to impact the production cost of denim, which is ultimately projected to hamper the growth of the global denim market.
Increasing adoption of western lifestyle is expected to boost the growth of the global denim market
Penetration of western lifestyle and fashion in the form of clothing is expected to create robust growth in the global denim market across the world. Additionally, a growth in the supply chain is also creating a positive impact on the global denim market. Denim vendors are adopting new strategies to upsurge the level of synchronization between increasing consumer demands and westernization and this particular factor is creating healthy growth in the global market for denim. Presently, the perception of wearing only executive clothes in corporate offices is changing and the popularity of wearing casual westerns are increasing, which is increasing the global sale of denim.
Asia Pacific denim market to grow rapidly throughout the forecasted period
In the year 2016, North America region dominated the global denim market. On the other hand, Asia Pacific region has witnessed the fastest growth in the global market for denim. Rising investment in clothing space, growing adoption of casual and luxurious garments, increasing digitalization in the apparel industry and technological advancement in the knitting of denim are some of the factors which are contributing in the growth of sales of denim in the Asia Pacific region. Besides, cutting-edge technology and brand marketing, growth in FDI (Foreign Direct Investment), and changing demographics are some of the additional factors which are escalating the denim industry in Asia Pacific region.
Global denim market: Segmental Analysis
Based on the type, the global denim market is segmented into heavy denim, light denim, and medium denim, while on the basis of applications, the market is segmented into jackets, jeans, shirt, and others.
Request Sample Report and Table of Content @ https://www.qyresearch.com/sample-form/form/741140/global-denim-market
Global denim market: Key Players
Canatiba, Shunfeng Textile, Vicunha, KG Denim, Isko, Advance Denim, Arvind, Haitian Textile, Aarvee, Bafang Fabric, Nandan Denim Ltd, Jiangyin Chulong, Weiqiao Textile, Weifang Lantian Textile, Sudarshan Jeans, Zhejiang Sitong Textile Fashion, Black Peony, Cone Denim, Orta Anadolu, Foshan Seazon Textile and Garment, Jindal Worldwide, ÇALIK DENIM, Etco Denim, Xinlan Group, Raymond UCO, Shasha Denims Limited, Bhaskar Industries, Suryalakshmi, Sangam, and Oswal Denims are some of the key players operating in the global denim market.
Benefits of Purchasing QY Research Report
- Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
- Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
- Inimitable Expertise: Analysts will provide deep insights about the reports
- Assured Quality: We focus on the quality and accuracy of the report
- Fastest Delivery Time
Buy Full Global Denim Market Report Now, Report delivery time within 24 hours @ (Pages: 149|Tables: 170): https://www.qyresearch.com/settlement/pre/afa7b388a5be0a58ce2d1fde1d931b57,0,1,Global%20Denim%20Market%20Insights%252C%20Forecast%20to%202025
Denim Related Reports:
- Global Denim Fibric Market: https://www.qyresearch.com/index/detail/781138/global-denim-fibric-market
- Global Denim Materials Market: https://www.qyresearch.com/index/detail/650313/global-denim-materials-market
- Global Denim Jeans Market: https://www.qyresearch.com/index/detail/740275/global-denim-jeans-market
About Us:
QY Research is the most reliable and trustworthy source of market research, established in the year 2007. We provide the best and the most syndicated research reports which focuses on custom research but not limited to management consulting, IPO consulting, industry chain research, and data base and seminar services. We provide market research reports on Chemical and material, machinery and equipment, electronics and semiconductor, consumer goods, energy and power, healthcare etc...
QY Research Achievements:
Year of Experience: 11 Years
Consulting Projects: 500+ successfully conducted so far
Global Reports: 5000 Reports Every Year
Resellers Partners for Our Reports: 150 + Across Globe
Global Clients: 34000+
Media Contact:
Rahul Singh - Digital Marketing Director
Contact: +91-7028-920-828
Email: [email protected]
USA Office
USA Registered Office: QY Research, INC.
17890 Castleton, Suite 218,
City of Industry, LOS ANGELES, CA - 91748
USA: +1-626-295-2442, +1-626-540-7211
Email: [email protected]
Web - http://www.qyresearch.com
Expert News: https://www.qyresearch.com/expert/list
SOURCE QY Research
