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According to a new report, published by KBV research, The Global Denim Jeans Market size is expected to reach $119.9 billion by 2030, rising at a market growth of 5.9% CAGR during the forecast period.
The Men segment is leading the Global Denim Jeans Market by End User in 2022 thereby, achieving a market value of $62.9 Billion by 2030. The men's segment in the denim jeans market holds substantial weight, reflecting denim's historical and cultural significance as a global quintessential garment in male wardrobes. Men's denim has traditionally been associated with durability and ruggedness, tracing back to its roots as workwear during the American Gold Rush. Over the decades, however, the segment has evolved tremendously. Today, it encompasses a vast spectrum of styles, from classic straight cuts to contemporary slim-fits, relaxed boot cuts to trendy tapered designs.
The Online segment is showcasing a CAGR of 8.8% during (2023 - 2030). With the digital revolution and the increasing penetration of the internet and smartphones, the online channel has become significant. E-commerce platforms, both brand-owned websites and third-party marketplaces, offer a more comprehensive range of styles and sizes, often supplemented with customer reviews and ratings. The convenience of browsing multiple brands and styles from the comfort of one's home and frequent discounts and promotions make online shopping attractive.
The North America region dominated the Global Denim Jeans Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $41.3 Billion by 2030. The Europe market is anticipated to grow at a CAGR of 5.8% during (2023 - 2030). Additionally, The Asia Pacific market would display a CAGR of 6.7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/denim-jeans-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Gap, Inc., H&M Group, Kering S.A, PVH Corporation, Under Armour, Inc., VF Corporation, Bestseller A/S, Levi Strauss and Co, Diesel Fashion India Reliance Pvt. Ltd., and Kontoor Brands, Inc.
By End User
By Distribution Channel
By Geography
Companies Profiled
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