Premium Denim Jeans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Premium Denim Jeans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global premium denim jeans market size reached US$ 9.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

Premium denim jeans can be defined as high-quality lower-body apparel that is worn by both men and women across all age groups. These jeans are usually manufactured using superior-quality dungaree and denim materials to provide enhanced comfort to the wearer. While manufacturing premium denim, vendors pay additional emphasis on maintaining high levels of quality, innovation and craftsmanship. In comparison to the budget jeans, they are more durable in terms of materials and hues and also enhance the overall aesthetic appeal of an individual.

Significant growth in the fashion industry, along with rapid urbanization across the globe, is one of the key factors driving the growth of the market. Furthermore, changing consumer lifestyles and a significant rise in the female workforce participation rate in both developed and emerging economies have contributed to the increasing product demand. There is shifting consumer preference, especially among the younger population, for cropped, distressed, two-tone, skinny and patched jeans, owing to extensive brand promotions on various social media platforms. In line with this, the proliferation of online retail portals that provide hassle-free shopping experience while offering a wide range of products is also contributing to the market growth. The emerging trend of utilizing recycled plastics and other materials to manufacture premium and super-premium denim jeans is acting as another growth-inducing factor. Other factors, including the development of customizable and visually appealing product variants and rising expenditure capacities of the consumers, are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global premium denim jeans market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, age group, distribution channel and end-user.

Breakup by Product Type:

Skinny Jeans
Straight Jeans
Wide-leg Jeans
Flared Jeans
Others

Breakup by Age Group:

Baby
Teenager
Adults
Elderly

Breakup by Distribution Channel:

Speciality Stores
Supermarkets and Hypermarkets
Online Stores
Others

Breakup by End-User:

Women
Men
Children

Breakup by Region

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AG Adriano Goldschmied, Differential Brands Group Inc., Dl1961 Premium Denim Inc., Ermenegildo Zegna Holditalia, Gap Inc., Guess Inc., Kering, Levi Strauss & Co., LVMH and Pvh Corp.

Key Questions Answered in This Report:

How has the global premium denim jeans market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global premium denim jeans market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the age group?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global premium denim jeans market and who are the key players?
What is the degree of competition in the industry?