Denim Fabric Market size to grow by USD 8.73 billion from 2021 to 2026: New developments to boost the market growth – Technavio

NEW YORK, June 28, 2023 /PRNewswire/ — The denim fabric market size is estimated to increase by USD 8.73 billion from 2021 to 2026. The market’s growth momentum will progress at a CAGR of  6.78%. The new developments are one of the significant factors driving growth in the denim fabric market. The new product additions will encourage customers to purchase different denim fabric products. The growing number of product launches also expands the competition in the market, which, in turn, will lead to differentiation and innovations. For instance, in October 2021, Star Fades International (SFI) planned to launch its extensive line of services, which comprises its latest sustainable dyed denim fabric collection. Naveena Denim Mills revealed 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 in 2021. The collection blends the comfort and performance of super stretch denim with the appearance and performance of stiff denim. Therefore such factors are anticipated to drive the growth of the market in focus. Discover some insights on the market size, historic period (2017 to 2021), and Forecast 2022-2026 before buying the full report -Request a sample report

Denim fabric market – Vendor AnalysisVendor Landscape – The global denim fabric market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer denim fabric in the market are 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 United Industrias Morera SA and others.
What’s New? –
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recessionGlobal competitiveness and key competitor positionsMarket presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!Vendor Offerings –
Bangladesh Export Import Co – The company offers denim fabric such as Chambray, Classic Blue Jeans, Black Jeans, Overdyed, Bull, and Stretch Denim.Arvind Ltd. -The company offers denim fabrics such as Azurite and Boomerang.Ha Meem Group -The company offers denim fabric such as Stretch denim, Bull denim, Raw denim, and Coloured denim.For details on the vendor and its offerings – Request a sample reportDenim Fabric Market – Segmentation AssessmentSegment OverviewTechnavio has segmented the market based on 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 share growth in the clothing and apparel segment will be significant during the forecast period. Due to the growing personal grooming, fashion consciousness, and high standard of living among the end-user population across the globe, which are the primary factors in the demand for clothing and apparel. Such factors are expected to drive the growth of the clothing and apparel segment, which, in turn, will drive the growth of the market in focus during the forecast period.Geography OverviewBy geography, the global denim fabric market is segmented into APAC, North America, Europe, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global denim fabric market.
·  APAC is estimated to account for 74% of the global market 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 growing demand for denim wear from end-users, including men, women, and children will enable the denim fabric market growth in APAC over the forecast period. 
For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report
Denim Fabric Market – Market Dynamics
Key Trends – 
The digital platforms accelerating denim sales is a denim fabric market trend that is expected to have a positive impact during the forecast. Over recent years, the apparel industry has experienced drastic growth in the online platform. Online platforms have allowed vendors to deliver customized denim as per the needs of consumers. Designers, too, are leveraging online platforms, such as Amazon, with exclusive sections dedicated to their collections. However, many brands have invested especially in developing their online presence. These efforts are predominantly focused on making online websites able to approach customers directly because it eliminates the need for third-party distribution and enhances the profit margin of the vendors. Thus, the increased demand for clothing apparel is anticipated to drive the growth of the global denim fabric market.
Major challenges –
The high costs associated with manufacturing will be a major challenge that may impede the denim fabric market during the forecast period. The textile industry has become one of the most significant industries in the world, with various advanced technologies and innovative developments. To design and develop a new product, manufacturers invest heavily in R&D. Moreover, extreme R&D spending can lead to high costs (market risk), especially when product concepts are unsellable. Furthermore, the total employment in the textile industry has grown over the years due to the increased sales volume and costs related to textile and fabric production. Since January 2016, Asian textile and fabric producers have been facing a 5% increment in employees’ minimum wage. High production costs of textiles and fabrics will facilitate the cost of denim fabrics, which will hinder the growth of the global denim fabric market.
 Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
What are the key data covered in this Denim Fabric Market report?
CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the denim fabric market between 2022 and 2026Precise estimation of the size of the denim fabric market size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the denim fabric market industry across APAC, North America, Europe, South America, and the Middle East and AfricaA thorough analysis of the market’s competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of denim fabric market vendorsGain instant access to 17,000+ market research reports. 
Technavio’s SUBSCRIPTION platform
Related Reports: 
The denim jeans market size is estimated to grow at a CAGR of 6.71% between 2022 and 2027. The market size is forecast to increase by USD 22,791.19 million. This report extensively covers market segmentation by end-user (men, women, and children), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). One of the key factors driving growth in the premium denim jeans market is innovative product designs. 
The premium denim jeans market share is expected to grow by USD 9.75 billion from 2021 to 2026 at a progressing CAGR of 6.9%. Furthermore, the report extensively covers premium denim jeans market segmentation by End-user – (Men, Women, and Children), Distribution Channel (Offline and Online), and geography (North America, Europe, APAC, South America, and Middle East and Africa)
Denim Fabric Market Scope
Report Coverage
Details
Historic period
2017-2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 6.78%
Market Growth 2022-2026
UAD 8.73 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
5.68
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 74%
Key countries
US, China, India, and Pakistan
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
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 United 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.
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/denim-fabric-market-size-to-grow-by-usd-8-73-billion-from-2021-to-2026-new-developments-to-boost-the-market-growth—technavio-301865340.html
SOURCE Technavio 

NEW YORK, June 28, 2023 /PRNewswire/ — The denim fabric market size is estimated to increase by USD 8.73 billion from 2021 to 2026. The market’s growth momentum will progress at a CAGR of  6.78%. The new developments are one of the significant factors driving growth in the denim fabric market. The new product additions will encourage customers to purchase different denim fabric products. The growing number of product launches also expands the competition in the market, which, in turn, will lead to differentiation and innovations. For instance, in October 2021, Star Fades International (SFI) planned to launch its extensive line of services, which comprises its latest sustainable dyed denim fabric collection. Naveena Denim Mills revealed 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 in 2021. The collection blends the comfort and performance of super stretch denim with the appearance and performance of stiff denim. Therefore such factors are anticipated to drive the growth of the market in focus. Discover some insights on the market size, historic period (2017 to 2021), and Forecast 2022-2026 before buying the full report –Request a sample report

Denim fabric market – Vendor Analysis
Vendor Landscape – The global denim fabric market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer denim fabric in the market are 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 United Industrias Morera SA and others.

What’s New? –

Special coverage on the RussiaUkraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recessionGlobal competitiveness and key competitor positionsMarket presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Vendor Offerings –

Bangladesh Export Import Co – The company offers denim fabric such as Chambray, Classic Blue Jeans, Black Jeans, Overdyed, Bull, and Stretch Denim.Arvind Ltd. -The company offers denim fabrics such as Azurite and Boomerang.Ha Meem Group -The company offers denim fabric such as Stretch denim, Bull denim, Raw denim, and Coloured denim.For details on the vendor and its offerings – Request a sample report

Denim Fabric Market – Segmentation Assessment

Segment Overview
Technavio has segmented the market based on 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 share growth in the clothing and apparel segment will be significant during the forecast period. Due to the growing personal grooming, fashion consciousness, and high standard of living among the end-user population across the globe, which are the primary factors in the demand for clothing and apparel. Such factors are expected to drive the growth of the clothing and apparel segment, which, in turn, will drive the growth of the market in focus during the forecast period.

Geography Overview
By geography, the global denim fabric market is segmented into APAC, North America, Europe, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global denim fabric market.

·  APAC is estimated to account for 74% of the global market 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 growing demand for denim wear from end-users, including men, women, and children will enable the denim fabric market growth in APAC over the forecast period. 

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report

Denim Fabric Market – Market Dynamics

Key Trends – 

The digital platforms accelerating denim sales is a denim fabric market trend that is expected to have a positive impact during the forecast. Over recent years, the apparel industry has experienced drastic growth in the online platform. Online platforms have allowed vendors to deliver customized denim as per the needs of consumers. Designers, too, are leveraging online platforms, such as Amazon, with exclusive sections dedicated to their collections. However, many brands have invested especially in developing their online presence. These efforts are predominantly focused on making online websites able to approach customers directly because it eliminates the need for third-party distribution and enhances the profit margin of the vendors. Thus, the increased demand for clothing apparel is anticipated to drive the growth of the global denim fabric market.

Major challenges –

The high costs associated with manufacturing will be a major challenge that may impede the denim fabric market during the forecast period. The textile industry has become one of the most significant industries in the world, with various advanced technologies and innovative developments. To design and develop a new product, manufacturers invest heavily in R&D. Moreover, extreme R&D spending can lead to high costs (market risk), especially when product concepts are unsellable. Furthermore, the total employment in the textile industry has grown over the years due to the increased sales volume and costs related to textile and fabric production. Since January 2016, Asian textile and fabric producers have been facing a 5% increment in employees’ minimum wage. High production costs of textiles and fabrics will facilitate the cost of denim fabrics, which will hinder the growth of the global denim fabric market.

 Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Denim Fabric Market report?

CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the denim fabric market between 2022 and 2026Precise estimation of the size of the denim fabric market size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the denim fabric market industry across APAC, North America, Europe, South America, and the Middle East and AfricaA thorough analysis of the market’s competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of denim fabric market vendors

Gain instant access to 17,000+ market research reports. 

Technavio’s SUBSCRIPTION platform

Related Reports: 

The denim jeans market size is estimated to grow at a CAGR of 6.71% between 2022 and 2027. The market size is forecast to increase by USD 22,791.19 million. This report extensively covers market segmentation by end-user (men, women, and children), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). One of the key factors driving growth in the premium denim jeans market is innovative product designs. 

The premium denim jeans market share is expected to grow by USD 9.75 billion from 2021 to 2026 at a progressing CAGR of 6.9%. Furthermore, the report extensively covers premium denim jeans market segmentation by End-user – (Men, Women, and Children), Distribution Channel (Offline and Online), and geography (North America, Europe, APAC, South America, and Middle East and Africa)

Denim Fabric Market Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market Growth 2022-2026

UAD 8.73 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.68

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 74%

Key countries

US, China, India, and Pakistan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

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 United 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.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/denim-fabric-market-size-to-grow-by-usd-8-73-billion-from-2021-to-2026-new-developments-to-boost-the-market-growth—technavio-301865340.html

SOURCE Technavio

 

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