Premium Denim Jeans Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Distribution Channel, End User, and Region

Premium Denim Jeans Market was valued at US$ 9.66 Bn. in 2021. Global Premium Denim Jeans Market size is expected to grow at a CAGR of 6.74 % through the forecast period.

Premium Denim Jeans Market Overview:

From past recent years, demand for denim jeans has increased at around 2.7% CAGR. Countries such as China, India, and Russia hold a significant share of the world market. Consumers are preferring sustainable clothing as 85% of world consumers are concerned about sustainability. Therefore manufacturers are focusing on developing eco-friendly and sustainable denim jeans. Companies like Levis are focused on achieving zero discharge of hazardous waste and sustainable development. Moreover, the market players such as Mott & bow ABLE are developing their key strategies around the sustainable development., Also, they are following eco-friendly practices such as carbon offsetting, domestic production, and eco-friendly fabrication and materials. . In recent few months emergence of antibacterial and antimicrobial defence in premium denim jeans caused an increase in the premium denim jeans market. Thus premium denim jeans market is expected to grow through the forecast period. Premium Denim Jeans Market To know about the Research Methodology:-Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Premium Denim Jeans Market Dynamics:

A noticeable amount of growth in the fashion industry and a surge in urbanization are major factors that drive the market growth. Moreover, shifts in lifestyle and consumer interest focused on luxury brands have contributed to the rise in demand for premium denim jeans. Change in consumer preference among the youngsters for two tones, cropped, skinny, patched jeans driving the premium jeans market. Also, the usage of recycled plastics and other recycled materials to manufacture premium denim jeans is one of the factors for the growth of the premium denim jeans market. The surge in pending capacity, Consumption of denim jeans, consciousness about clothes suitable for body types and acceptance of casual attire in office work is expected to increase the growth of the premium denim jeans market. Work from home practices and increase in popularity of loose-fitting clothes and social barriers for women in different countries like to hamper the premium denim jeans market through the forecast period. Moreover, product innovation with design, colours pattern and fitting, the surge in sense of fashion and an increase in living standards are the factors that are supporting the premium denim jeans market through the forecast period. Major factors which are affecting the growth of premium denim jeans are an increase in the number of retail chains, and a shift in lifestyles due to which an increase in purchasing power. Increase in e-commerce retail market providing special discounts and availability of a wide range of products in different colours and shades fuelling the demand for premium denim jeans market. Vendors of jeans are constantly attracting consumers by making innovative designs such as more comfortable jeans by making them flexible to compressions and stretches, moisture management, thermoregulation, and UV protection. Thus these factors are driving the premium denim market through the forecast period. Denim accessories such as shoes and bags and promotional strategies on social media platforms by key market players are also driving factors for the premium jeans market. However, the manufacturing of denim jeans requires a large number of harmful chemicals and causes the emission of greenhouse gases which are harmful to the environment. Thus denim jeans manufacturers focusing their attention on reducing hazardous chemical usage to decline environmental degradation by adopting sustainable practices, which is driving the demand for premium denim jeans market. Moreover, changing lifestyles and shifts in consumer behaviour encourage female consumers towards other options such as yoga pants, leggings, and athletic pants. Thus a continuous increase in demand for no denim pants and skinny leggings is hampering the growth as consumers are focusing their attention on aesthetic wear and lightweight apparel which are options for denim jeans. The many cost-reducing measures such as changing fibre content, use of thinner fabrics, and excess use of polyesters are resulting in quality damage which is expected to hamper the premium denim jeans market growth. One of the major factors that are supporting the market growth is the dynamic workplace as various companies are allowing their employees to wear informal clothes which includes premium denim jeans and denim jackets. Market giants like Facebook, Google, and Twitter are allowing their employees to wear casual clothes is one of the key growth factors that create demand for premium denim jeans.

Premium Denim Jeans Market Segment Analysis:

By distribution channel, the premium denim market is segmented into Supermarkets/Hypermarkets, Apparel stores, and online and specialty stores. Offline sales channels such as supermarkets and apparel stores held the largest market share of more than 84 % in recent years. An increase in the number of specialty and fashion stores has supported significantly the segment growth. Also, ease of access and availability of cost-effective and high-quality products are driving the market growth. The online distribution channel segment is expected to grow at 10.09% through the forecast period. Due to the rise in e-commerce websites and the rise in popularity of online shopping on websites like Amazon and Flipkart, the premium denim jeans market is expected to dominate through the forecast period. The rise in e-commerce industry and surge in popularity of online channels attracted huge amount of consumers. In addition as these online stores offer products in discounted prices compared to offline channels driving the consumers towards online purchase. Premium Denim Jeans Market By End User, the market is segmented into Men, Women, and Children. The women segment is expected to dominate through the forecast period. As denim jeans for women acquire a 3/5 market share and it is expected to grow at 3.3 % CAGR through the forecast period. Around 34% of sales are to women consumers. Men and children combined to hold the 41% market share which is expected to grow at 2.1% CAGR through the forecast period. Europe and North America majorly hold around 60% market share in the men’s segment. Significant growth is expected in the men’s segment as the easing of the pandemic raised the demand for casualization in replacement of office attire. This shift in the industry encouraged various major brands to primiumize their products for example Levi introduced the heritage denim brand through its made and crafted line.

Premium Denim Jeans Market Regional Insights:

On the basis of regional analysis, the premium jeans market is classified into North America, Europe, Asia Pacific, South America, Middle East and Africa. Asia Pacific region is expected to dominate the premium denim jeans market through the forecast period and it is one of the fastest-growing regional markets. North America region is expected to show gradual growth due to the affordability of fabric and durability of denim material. The premium denim jeans market is expected to grow at 6.64 % CAGR through the forecast period. According to MMR Research, 30 % of market growth is expected from North America through the forecast period. US market is one of the major markets for premium denim jeans in North America, as high purchasing power and higher living standards as well as the presence of various popular brands drive the premium denim market through the forecast period. Large brands require the support of the small brands despite large market share thus many small brands are collaborating, as America is celebrity dominated society many brands are collaborating with celebrities to gain the market share. Recently Levis and San Francisco based Designer brands collaborated to launch the MistakesareOK series of denim jeans which is supporting the premium denim jeans market through the forecast period. The objective of the report is to present a comprehensive analysis of the Global Premium Denim Jeans Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Premium Denim Jeans Market dynamic, and structure by analyzing the market segments and projecting the Premium Denim Jeans Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Premium Denim Jeans Market make the report investor’s guide.

Premium Denim Jeans Market Scope: Inquire before buying

Global Premium Denim Jeans Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 9.66 Bn
Forecast Period 2022 to 2027 CAGR: 6.74% Market Size in 2027: US $ 14.29 Bn.
Segments Covered: by Distribution Channel • Supermarkets/Hypermarkets • Apparel Stores • Online • Speciality Stores
by End User • Men • Women • Children

Premium Denim Jeans Market by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Premium Denim Jeans Market Key Players

• Levi Strauss and Co. • LVMH Moet Hennessy Louis Vuitton SE • PVH Corp. • The Gap Inc. • Pepe Jeans S.L. • U.S. Polo Assn • Levi Strauss & Co. • VF Corp., The Gap, Inc. • Hennes & Mauritz AB • Kering S.A • 34 Heritage • American Eagle Outfitters Inc. • BESTSELLER AS • Capri Holdings Ltd. • Giorgio Armani Spa • Kontoor Brands Inc. Frequently Asked Questions: 1] What segments are covered in the Global Premium Denim Jeans Market report? Ans. The segments covered in the Premium Denim Jeans Market report are based on Distribution Channel and End User. 2] Which region is expected to hold the highest share in the Global Premium Denim Jeans Market? Ans. The North America region is expected to hold the highest share in the Premium Denim Jeans Market. 3] What is the market size of the Global Premium Denim Jeans Market by 2027? Ans. The market size of the Premium Denim Jeans Market by 2027 is expected to reach US$ 14.29 Bn. 4] What is the forecast period for the Global Premium Denim Jeans Market? Ans. The forecast period for the Premium Denim Jeans Market is 2022-2027. 5] What was the market size of the Global Premium Denim Jeans Market in 2021? Ans. The market size of the Premium Denim Jeans Market in 2021 was valued at US$ 9.66 Bn.
1. Global Premium Denim Jeans Market Size: Research Methodology 2. Global Premium Denim Jeans Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Premium Denim Jeans Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Premium Denim Jeans Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Premium Denim Jeans Market Size Segmentation 4.1. Global Premium Denim Jeans Market Size, by Distribution channel (2021-2027) • Supermarkets/Hypermarkets • Apparel stores • online • specialty stores 4.2. Global Premium Denim Jeans Market Size, by End User (2021-2027) • Men • Women • Children 5. North America Premium Denim Jeans Market (2021-2027) 5.1. North America Premium Denim Jeans Market Size, by Distribution channel (2021-2027) • Supermarkets/Hypermarkets • Apparel stores • online • specialty stores 5.2. North America Premium Denim Jeans Market Size, by End User (2021-2027) • Men • Women • Children 5.3. North America Semiconductor Memory Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Premium Denim Jeans Market (2021-2027) 6.1. European Premium Denim Jeans Market, by Distribution channel (2021-2027) 6.2. European Premium Denim Jeans Market, by End User (2021-2027) 6.3. European Premium Denim Jeans Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Premium Denim Jeans Market (2021-2027) 7.1. Asia Pacific Premium Denim Jeans Market, by Distribution channel (2021-2027) 7.2. Asia Pacific Premium Denim Jeans Market, by End User (2021-2027) 7.3. Asia Pacific Premium Denim Jeans Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Premium Denim Jeans Market (2021-2027) 8.1. Middle East and Africa Premium Denim Jeans Market, by Distribution channel (2021-2027) 8.2. Middle East and Africa Premium Denim Jeans Market, by End User (2021-2027) 8.3. Middle East and Africa Premium Denim Jeans Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Premium Denim Jeans Market (2021-2027) 9.1. South America Premium Denim Jeans Market, by Distribution channel (2021-2027) 9.2. South America Premium Denim Jeans Market, by End User (2021-2027) 9.3. South America Premium Denim Jeans Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Levi Strauss and Co. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. LVMH Moet Hennessy Louis Vuitton SE 10.3. PVH Corp. 10.4. The Gap Inc. 10.5. Pepe Jeans S.L. 10.6. U.S. Polo Assn 10.7. Levi Strauss & Co. 10.8. VF Corp., The Gap, Inc. 10.9. Hennes & Mauritz AB 10.10. Kering S.A 10.11. 34 Heritage 10.12. American Eagle Outfitters Inc. 10.13. BESTSELLER AS 10.14. Capri Holdings Ltd. 10.15. Giorgio Armani Spa 10.16. Kontoor Brands Inc.

About This Report

Report ID 148756
Category Consumer Goods & Services
Published Date May 2022
Updated Date
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