Global Denim Fabric Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Denim Fabric Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Denim is a durable cotton twill (weave) fabric typically used in the apparel industry for the production of jeans, jackets, shorts, jeggings, and other clothing and accessories. It is a strong fabric made using weft and warp weaving methods, which results in diagonal denim ribbing. Denim fabric gets its durability by twill weave, which helps fabrics to absorb a great amount of friction before it breaks apart. Other fibers such as polyester or spandex, are also added occasionally in small proportions to achieve the required attributes.

Market Overview:

The latest research study on the global Denim Fabric market finds that the global Denim Fabric market reached a value of USD 19021.04 million in 2022. It’s expected that the market will achieve USD 27381.25 million by 2028, exhibiting a CAGR of 6.26% during the forecast period.

Influence of COVID-19 Outbreak on Denim Fabric

The denim fabric market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to disruptions in the supply chain for denim fabric products. Moreover, the rising prices of raw materials, mainly cotton and cotton yarn, have decreased the production of denim fabric during the COVID-19 period. Among consequences, coronavirus will bring in the jeans wear and fashion market there will be an impact on new fabric requirements, styles and sales models. For instance, denim fabric market suppliers have introduced bio-antibacterial and environmentally safe denim fabrics. Meanwhile, brands will implement a variety of online sales methods. In terms of quantity, especially in China, the traditional offline sales or the sales without features will be bleak during the COVID-19 period, while the influence on online sales will be much less. Moreover, the restrictions on logistics in some countries or places have affected the delivery. Some dynamics, timings, and deliveries may change in the fashion, garment, and jeans wear production according to single factories’ situation.
The distribution channel segment is divided into offline and online, the offline segment is dominating the market currently, and due to emergence of COVID-19, the online market witnessed a significant growth in 2020. The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, Denim fabric enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.

Opportunities and Drivers

Globally, the popularity of denim is growing. Denim jeans can be worn on various social and official occasions, and have also demonstrated their capability to transcend beyond age and gender barriers. The growing interest in a casual look is fueling the sales in the market. The rising number of women joining the workforce, rapid rates of urbanization, westernization of lifestyles in emerging economies, and rising fashion consciousness are factors propelling growth in the global market for denim fabric. The recent popularity of colored denim and the launch of newer styles expanded the range of products that are available under this category. Additionally, jeans are also being considered ideal for various special occasions, apart from casual wear, including formal attire as workwear. All these factors are together buoying growth and also generating renewed interest in the category. Growing penetration of casual wear in the workplace, coupled with rising employment of the young generation have been auguring well for the global denim fabric market. The market is further propelled by the growth in the premium denim jeans segment. Aggressive promotions of innovatively styled denim garments are further driving growth in the denim fabric segment.
In the modern world, apparel made from denim fabric, such as jackets, shirts, trousers, baby wear, and ladies wear, are becoming highly popular. Rapidly increasing demand for denim fabric from the clothing industry is anticipated to drive the global denim fabric market during the forecast period. The global denim fabric market is driven by the rising demand for clothing and household items. Over the years, denim fabric has grabbed the attention of consumers in the clothing industry. Range of denim fabric apparel is widening day by day. Denim fabric is used in the manufacture of jackets, pants, shorts, shirts, skirts, suits, hats, belts, athletic shoes, denim wine bags, denim pencil cases, denim aprons, denim pillows, denim quilt, lampshades, and upholstery.

Furthermore, to reduce the accumulation of synthetic chemicals and dyes through traditional denim, several mills have developed sustainable alternatives to reflect customers' growing demand for sustainability. All these factors are expected to offer future growth opportunities to the global denim fabric market.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

Isko is one of the major players operating in the Denim Fabric market, holding a share of 2.67% in 2022.
ISKO™, the leading ingredient brand on a global level, is the first denim producer in the world to be recognized with the Nordic Swan and EU Ecolabel certifications. It creates the soul of jeans, the essence of the most popular fashion style that has become universal. ISKO’s vision is as international as the love for denim. It can adapt to different contexts and markets, becoming a point of reference for the most famous designers and inspiring new fashion trends.

Vicunha

Founded in 1946 and headquartered in Sao Paulo, Brazil, Vicunha Textil S/A operates in the textile sector. The Company spins, weaves, and finishes denim and other textile fibers. Recognized worldwide for the high standards of quality and sustainability, Vicunha is a Brazilian multinational present in Latin America, Europe and Asia. With more than 50 years in the market, it is a global reference in jeanswear solutions, operating in the denim and denim fabrics segment. In addition to innovative products, the company brings intelligence to the market for customizing services in fashion, design and washing trends.

Segmentation Overview:

Among different product types, Medium Denim Fabric segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Jeans segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Denim Fabric market covered in Chapter 3:

Vicunha
Isko
Bhaskar Industries
Nandan Denim Ltd
Weiqiao Textile
Aarvee
Black Peony
Santana Textiles
Arvind
Orta Anadolu
Partap Group
Canatiba
Jindal Worldwide
Raymond UCO

In Chapter 4 and Chapter 14.2, on the basis of types, the Denim Fabric market from 2018 to 2029 is primarily split into:

Light Denim Fabric
Medium Denim Fabric
Heavy Denim Fabric

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Denim Fabric market from 2018 to 2029 covers:

Jeans
Shirt
Jacket
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)