Denim Fabric Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2022-2026

Denim Fabric Market Size & Forecast

The denim fabric market share is expected to increase to USD 8.73 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.78%.

This denim fabric market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers denim fabric market segmentation by end-user (clothing and apparel, decor and homeware, and accessories) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The denim fabric market report also offers information on several market vendors, including Advance Denim Co. Ltd., Artistic Denim Mills Ltd., Arvind Ltd., Bangladesh Export Import Co. Ltd., Black Peony Group Co. Ltd., Chiripal Group, Elevate Textiles Inc., Ha Meem Group, Kaihara Corp., Kuroki. Co. Ltd., Kuzgunlar Textile, LNJ Bhilwara Group, Maheshwari Textile, Modern Denim Ltd., Mount Vernon Mills, NAHAR Group, Noman Group, Partap Group, PT TYFOUNTEX INDONESIA, Raymond Ltd., Sanko Co. Ltd., Shandong Lanyan Textile and Garment Co. Ltd., and Unitin Industrias Morera SA among others.

What will the Denim Fabric Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Denim Fabric Market Size for the Forecast Period and Other Important Statistics

 

Denim Fabric Market: Key Drivers, Trends, and Challenges

The new development is notably driving the denim fabric market growth, although factors such as the high costs associated with manufacturing may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the denim fabric industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Denim Fabric Market Driver

One of the key factors driving growth in the denim fabric market is the new developments. The new product additions will motivate consumers to purchase various denim fabric products. The increasing number of product launches also increases the competition in the market, which, in turn, will lead to innovations and differentiation. In October 2021, Star Fades International (SFI) planned to launch its extensive line of services, which includes its latest sustainable dyed denim fabric collection. In February 2021, Naveena Denim Mills announced the launch of its new collection of high-elasticity made from Lycra's Wraptech 2.0 tri-core technology fabric, which combines the high stretch of Lycra fabric with the exceptional recovery and minimal shrinkage of Lycra T400 fabric. The collection blends the comfort and performance of super stretch denim with the appearance and performance of stiff denim. Such factors are expected to fuel the growth of the market in focus.

Key Denim Fabric Market Trend

The digital platforms accelerating denim sales is a denim fabric market trend that is expected to have a positive impact in the coming years. Over recent years, the apparel industry has witnessed rapid growth in the online platform. Vendors that market and sell their products online gauge customer behavior and expectations. Online platforms have enabled vendors to provide customized denim as per the requirements of customers. Designers, too, are leveraging e-commerce sites, such as Amazon, with exclusive sections dedicated to their collections. Many brands have invested significantly in developing their online presence. These efforts are primarily focused on making e-commerce websites able to approach consumers directly because it eliminates the need for third-party distribution and improves the profit margin of the vendors. Hence, the increased demand for clothing apparel is expected to fuel the growth of the global denim fabric market.

Key Denim Fabric Market Challenge

The high costs associated with manufacturing will be a major challenge for the denim fabric market during the forecast period. The textile industry has become one of the most important industries across the world, with several new technologies and innovative developments. To develop a new product, manufacturers invest heavily in R&D. However, excessive R&D spending can lead to high costs (market risk), particularly when product concepts are unsellable. The issue of R&D productivity is a major one. In addition, the total employment in the textile industry has increased over the years owing to the increased sales volume and costs related to textile and fabric production. Asian textile and fabric producers have been facing a 5% increment in employees' minimum wage since January 2016. High production costs of textiles and fabrics will increase the cost of denim fabrics, which will hamper the growth of the global denim fabric market.

This denim fabric market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global denim fabric market as a part of the global textiles market, within the global textiles, apparel, and luxury goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the denim fabric market during the forecast period.

Who are the Major Denim Fabric Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Advance Denim Co. Ltd.
• Artistic Denim Mills Ltd.
• Arvind Ltd.
• Bangladesh Export Import Co. Ltd.
• Black Peony Group Co. Ltd.
• Chiripal Group
• Elevate Textiles Inc.
• Ha Meem Group
• Kaihara Corp.
• Kuroki. Co. Ltd.
• Kuzgunlar Textile
• LNJ Bhilwara Group
• Maheshwari Textile
• Modern Denim Ltd.
• Mount Vernon Mills
• NAHAR Group
• Noman Group
• Partap Group
• PT TYFOUNTEX INDONESIA
• Raymond Ltd.
• Sanko Co. Ltd.
• Shandong Lanyan Textile and Garment Co. Ltd.
• Unitin Industrias Morera SA

 

This statistical study of the denim fabric market encompasses successful business strategies deployed by the key vendors. The denim fabric market is fragmented and the vendors are deploying growth strategies such as focusing on increasing their consumer base to increase their market share to compete in the market.

Product Insights and News

• arvind.com - The company offers denim fabrics such as Azurite and Boomerang.

• arvind.com - The textiles segment offers fabrics, garments, and fabric retail.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The denim fabric market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Denim Fabric Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the denim fabric market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Denim Fabric Market?

For more insights on the market share of various regions Request for a FREE sample now!

74% of the market's growth will originate from APAC during the forecast period. China, Pakistan, and India are the key markets for denim fabric in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising demand for denim wear from end-users, including men, women, and children will facilitate the denim fabric market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The denim fabric market in the region witnessed certain challenges due to the COVID-19 pandemic in 2020 and early 2021. Countries such as China, India, and Bangladesh were adversely affected. However, in 2021, with the initiation of large-scale vaccination drives, various industrial operations were lifted, which led to a surge in the manufacturing and consumption of denim fabrics. Such factors are expected to increase the demand for denim fabrics, which, in turn, will drive the growth of the regional denim fabric market during the forecast period.

What are the Revenue-generating End-user Segments in the Denim Fabric Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The denim fabric market share growth in the clothing and apparel segment will be significant during the forecast period. The demand for clothing and apparel is growing due to the rising personal grooming, fashion consciousness, and high standard of living among the end-user population across the globe, which is the primary factor. Such factors are expected to fuel the growth of the clothing and apparel segment, which, in turn, will propel the growth of the market in focus during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the denim fabric market size and actionable market insights on post COVID-19 impact on each segment.

 

Denim Fabric Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.78%
Market growth 2022-2026	$ 8.73 billion
Market structure	Fragmented
YoY growth (%)	5.68
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 74%
Key consumer countries	US, China, India, Pakistan, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Advance Denim Co. Ltd., Artistic Denim Mills Ltd., Arvind Ltd., Bangladesh Export Import Co. Ltd., Black Peony Group Co. Ltd., Chiripal Group, Elevate Textiles Inc., Ha Meem Group, Kaihara Corp., Kuroki. Co. Ltd., Kuzgunlar Textile, LNJ Bhilwara Group, Maheshwari Textile, Modern Denim Ltd., Mount Vernon Mills, NAHAR Group, Noman Group, Partap Group, PT TYFOUNTEX INDONESIA, Raymond Ltd., Sanko Co. Ltd., Shandong Lanyan Textile and Garment Co. Ltd., and Unitin Industrias Morera SA
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Denim Fabric Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive denim fabric market growth during the next five years
• Precise estimation of the denim fabric market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the denim fabric industry across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of denim fabric market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch